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Net Income at other companies

TeraWulf logo
TeraWulfWULF
-$427.7M-596%
Equinix, Inc. logo
Equinix, Inc.EQIX
$415M+21.0%
Applied Digital logo
Applied DigitalAPLD
-$70.56M-98.4%
Iris Energy logo
Iris EnergyIREN
-$247.83M-1,435%
Hut 8 Mining Corp. logo
Hut 8 Mining Corp.HUT
-$253.14M-88.5%
Core Scientific, Inc. logo
Core Scientific, Inc.CORZ
-$347.19M-160%

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

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

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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 net income?
Riot Platforms, Inc. (RIOT) reported net income of -$500.48M in Q1 2026.
How has Riot Platforms, Inc.'s net income changed year-over-year?
Riot Platforms, Inc.'s net income decreased by 68.9% year-over-year, from -$296.37M to -$500.48M.
What is the long-term trend for Riot Platforms, Inc.'s net income?
Over 3 years (2021 to 2025), Riot Platforms, Inc.'s net income has grown at a 250.2% compound annual growth rate (CAGR), from -$15.44M to -$663.18M.
What does net income mean?
The total profit or loss a company earned during a specific period.
How do you interpret net income?
An increase indicates improved profitability, while a decrease suggests declining margins or rising costs.
How does net income compare across companies?
Standard across all public companies; peers in the crypto mining sector often show high volatility due to Bitcoin price fluctuations.