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EBITDA margin at other companies

TeraWulf logo
TeraWulfWULF
-111.4%-13,479pp
Equinix, Inc. logo
Equinix, Inc.EQIX
43.4%+5.1pp
Applied Digital logo
Applied DigitalAPLD
-1.3%-0.6pp
Iris Energy logo
Iris EnergyIREN
-5.1%-39.1pp
Hut 8 Mining Corp. logo
Hut 8 Mining Corp.HUT
-147.5%-221pp
Cipher Digital, Inc.
 logo
Cipher Digital, Inc. CIFR
-153.9%

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%
CapEx$115.5M+251%
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

Calculated from Riot Platforms, Inc.’s reported figures.

Based on trailing twelve months.

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 EBITDA margin?
Riot Platforms, Inc. (RIOT) reported EBITDA margin of -79.8% in Q1 2026.
How has Riot Platforms, Inc.'s EBITDA margin changed year-over-year?
Riot Platforms, Inc.'s EBITDA margin decreased by 1277.4% year-over-year, from -5.8% to -79.8%.
What is the long-term trend for Riot Platforms, Inc.'s EBITDA margin?
Over 4 years (2020 to 2025), Riot Platforms, Inc.'s EBITDA margin has grown at a 1.8% compound annual growth rate (CAGR), from -39.7% to -42.5%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.