Riot Platforms, Inc. RIOT Gross Profit

Discontinued — last reported Q1 '21

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Segments

By segment

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Bitcoin Mining$25.13M-63.1%

Engineering$7.45M-11.7%

Data Centers$2.38M—

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.

$23.2Mtotal revenue−$7.5Mtotal cost of revenue=$15.66M

The official record: Riot Platforms, Inc.’s 10-K, filed March 2, 2023, on SEC EDGAR. View the filing →