Riot Platforms, Inc. RIOT Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | -136%-39.9pp | -96.1%-135pp | 39.3%+30.3pp | 9%+71.0pp | -62%-103pp | |
| Net margin | -132.8%-30.3pp | -102.4%-128pp | 25.7%+43.2pp | -17.5%+69.4pp | -86.9%-116pp | |
| EBITDA margin | -79.8%-37.3pp | -42.5%-133pp | 90.6%+25.5pp | 65.1%+70.9pp | -5.8%-103pp | |
| Free cash flow margin | -140.4%-20.9pp | -119.6%-3.0pp | -116.6%+18.3pp | -134.9%-18.2pp | -116.7%+14.9pp | |
| Returns | ||||||
| Return on equity | -32.5%-10.4pp | -22.1%-27.3pp | 5.2%+8.5pp | -3.2%+11.5pp | -14.7%-19.1pp | |
| Return on assets | -24.2%-7.4pp | -16.8%-21.3pp | 4.4%+7.1pp | -2.7%+9.9pp | -12.6%-16.3pp | |
| Return on invested capital | -27.5%-9.6pp | -17.9%-25.6pp | 7.7%+6.1pp | 1.6%+12.5pp | -10.9%-17.3pp | |
| Efficiency | ||||||
| Asset turnover | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.1×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.1×+0.1× | 1×-0.5× | 1.5×+0.1× | 1.4×-1.9× | 3.2×-0.5× | |
| Quick ratio | 1.1×+0.1× | 1×-0.5× | 1.5×+0.1× | 1.4×-1.9× | 3.2×-0.5× | |
| Cash ratio | 0.5×0.0× | 0.5×-0.4× | 0.9×+0.2× | 0.7×-0.5× | 1.2×-0.6× | |
| Leverage | ||||||
| Debt-to-equity | 0.4×+0.1× | 0.3×+0.1× | 0.2×0.0× | 0.3×+0.1× | 0.2×0.0× | |
| Debt-to-assets | 0.3×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Per Share | ||||||
| Book value per share | $6.89-17.9% | $8.39-3.5% | $8.69+0.9% | $8.61-3.6% | $8.94-9.3% | |
| Valuation | ||||||
| Market capitalization | $4.69B-0.5% | $4.71B-33.0% | $7.03B+96.5% | $3.58B+43.6% | $2.49B-29.0% | |
| Enterprise value | $5.36B+0.3% | $5.34B-29.5% | $7.58B+80.6% | $4.19B+42.2% | $2.95B-23.4% | |
| Price / sales | 7.2×-0.1× | 7.3×-3.8× | 11×+4.4× | 6.6×+1.2× | 5.4×-3.9× | |
| Price / book | 2×+0.3× | 1.6×-0.4× | 2×+0.9× | 1.1×+0.2× | 0.8×-0.3× | |
| EV / sales | 8.2×-0.1× | 8.3×-3.6× | 11.9×+4.1× | 7.7×+1.3× | 6.4×-3.8× | |
| Free cash flow yield | -19.6%-3.1pp | -16.4%-5.9pp | -10.6%+9.9pp | -20.4%+1.0pp | -21.5%-7.4pp | |
| Earnings yield | -18.5%-4.4pp | -14.1%-16.4pp | 2.3%+5.0pp | -2.6%+13.3pp | -16%-19.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Riot Platforms, Inc.'s profit margins?
- Riot Platforms, Inc. (RIOT) runs a 62.4% gross margin and a -136.0% operating margin, with a -132.8% net margin.
- Where do Riot Platforms, Inc.'s ratios come from?
- Every ratio is computed from Riot Platforms, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
