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CapEx at other companies

TeraWulf logo
TeraWulfWULF
$522.95M+458%
Applied Digital logo
Applied DigitalAPLD
$775.21M+201%
Iris Energy logo
Iris EnergyIREN
$949.16M+2,548%
Hut 8 Mining Corp. logo
Hut 8 Mining Corp.HUT
$36.62M-42.2%
Cipher Digital, Inc.
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Cipher Digital, Inc. CIFR
$553.99M+456%
AES logo
AESAES
$1.77B+40.8%

Other financials

Income statement

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Revenue$167.2M+3.6%
Operating income-$499.9M-114%
Net income-$500.5M-68.9%
EPS (diluted)-$1.44-60.0%

Balance sheet

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Cash & equivalents$205.7M+25.6%
Total debt$877.2M+41.8%
Total equity$2.4B-18.7%
Total assets$3.4B-7.6%

Cash flow

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Operating cash flow-$182.7M-49.6%
Free cash flow-$298.1M-92.4%

Valuation

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Market cap$10.63B+87.9%
Enterprise value$11.3B+81.7%
P/S16.3×+3.9×

Profitability

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Gross margin62.4%
Operating margin-136%-835pp
Net margin-132.8%+148pp
FCF margin-140.4%+36.0pp

Returns & leverage

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Return on equity-32.5%-189pp
Debt / equity0.4×+0.2×
Current ratio1.1×-2.1×

Where this comes from

Reported directly by Riot Platforms, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Riot Platforms, Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Riot Platforms, Inc.'s capex?
Riot Platforms, Inc. (RIOT) reported capex of $115.47M in Q1 2026.
How has Riot Platforms, Inc.'s capex changed year-over-year?
Riot Platforms, Inc.'s capex increased by 251.4% year-over-year, from $32.86M to $115.47M.
What is the long-term trend for Riot Platforms, Inc.'s capex?
Over 4 years (2021 to 2025), Riot Platforms, Inc.'s capex has grown at a 8.2% compound annual growth rate (CAGR), from $147.12M to $201.38M.
What does capex mean?
Cash spent on long-term physical assets like machinery and buildings.
How do you interpret capex?
Higher spending indicates aggressive growth and infrastructure scaling, while lower spending may signal a focus on maintenance or capital conservation.
How does capex compare across companies?
Highly comparable across the mining industry; peers with higher CapEx are generally in a faster growth phase compared to those with lower, maintenance-only spending.