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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$8.13B+88.6%
Enterprise value$8.8B+78.8%
P/S12.5×+4.5×

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 source filing: Riot Platforms, Inc.’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 5:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-053120
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Loss on equity method investment - marketable securities(63,238)
Other income (expense)(12)93
Total other income (expense)(317)(62,056)
Net income (loss) before taxes(500,186)(295,930)
Current income tax benefit (expense)(291)(437)
Net income (loss)$(500,477)$(296,367)
Basic and diluted net income (loss) per share$(1.44)$(0.90)
Basic and diluted weighted average number of shares outstanding347,624,244329,508,458

Item 1. Financial Statements (Unaudited)

FAQ

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?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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