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Riot Platforms, Inc. RIOT Q4 2025 Annual earnings

Reported March 2, 2026 · After market close

Revenue$152.8MMiss by $7.1M
EPS-$2.03Miss by $1.81
Revenue estimate$159.9M
EPS estimate-$0.22

Next report

Oct 29, 2026 (in a month)
Revenue estimate$158.7M
EPS estimate-$0.33

Financials

Q4 2025

Income statement

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Revenue$152.8M+7.2%
Operating income-$684.5M-464%
Net income-$690.7M-606%
EPS (diluted)-$2.03-561%

Balance sheet

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Cash & equivalents$233.5M-16.0%
Total debt$866.8M+41.4%
Total equity$2.9B-9.1%
Total assets$3.9B0.0%

Cash flow

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Operating cash flow-$105.5M-7.3%
CapEx$82.5M+41.7%
Free cash flow-$188.0M-20.1%

Valuation & ratios

Valuation

as of 12/31/25
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Market cap$4.71B+34.2%
Enterprise value$5.34B+38.9%
P/S7.3×-2.0×

Profitability

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Operating margin-96.1%-137pp
Net margin-102.4%-131pp
FCF margin-119.6%-9.9pp

Returns & leverage

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Return on equity-22.1%-26.4pp
Debt / equity0.3×+0.1×
Current ratio1×-2.8×

Segments

By product

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Mining$131.7M+4.3%
Engineering$32.7M+164%

By segment

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Bitcoin Mining$131.7M+4.3%

FAQ

When did Riot Platforms, Inc. report Q4 2025 earnings?
Riot Platforms, Inc. (RIOT) reported Q4 2025 earnings on March 2, 2026 after market close.
What were Riot Platforms, Inc.'s Q4 2025 revenue and EPS?
Riot Platforms, Inc. reported revenue of $152.8M and eps of $-2.03 for Q4 2025.
Did Riot Platforms, Inc. beat estimates in Q4 2025?
Revenue missed the consensus estimate of $159.9M by $7.1M. EPS missed the consensus estimate of $-0.22 by $1.81.
How did Riot Platforms, Inc.'s Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 7.2% from $142.6M a year earlier.
Where can I find Riot Platforms, Inc.'s Q4 2025 SEC filings?
You can read the 8-K earnings release (0001104659-26-022288) and the 10-K periodic report (0001104659-26-022322) directly on SEC EDGAR. The filing index links above go to sec.gov.