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Riot Platforms, Inc. RIOT Operating Income

Discontinued — last reported Q1 '26

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Other financials

Income statement

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Revenue$167.2M+3.6%
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:OperatingIncomeLoss.

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 operating income?
Riot Platforms, Inc. (RIOT) reported operating income of -$499.87M in Q1 2026.
How has Riot Platforms, Inc.'s operating income changed year-over-year?
Riot Platforms, Inc.'s operating income decreased by 113.7% year-over-year, from -$233.87M to -$499.87M.
What is the long-term trend for Riot Platforms, Inc.'s operating income?
Over 3 years (2021 to 2025), Riot Platforms, Inc.'s operating income has grown at a 175.1% compound annual growth rate (CAGR), from -$29.87M to -$622.17M.
What does operating income mean?
Profit earned from the company's primary business activities.
How do you interpret operating income?
Higher operating income indicates strong core business profitability and effective management of operational expenses.
How does operating income compare across companies?
The primary benchmark for comparing operational performance between direct industry competitors.