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Riot Platforms, Inc. RIOT Operating margin

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

Filed
Apr 30, 2026, 5:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-053120

FAQ

What is Riot Platforms, Inc.'s operating margin?
Riot Platforms, Inc. (RIOT) reported operating margin of -136% in Q1 2026.
How has Riot Platforms, Inc.'s operating margin changed year-over-year?
Riot Platforms, Inc.'s operating margin decreased by 119.4% year-over-year, from -62% to -136%.
What is the long-term trend for Riot Platforms, Inc.'s operating margin?
Over 4 years (2020 to 2025), Riot Platforms, Inc.'s operating margin has grown at a -14.8% compound annual growth rate (CAGR), from -182.3% to -96.1%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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