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Riot Platforms, Inc. RIOT Bitcoin Mining — Goodwill

Other segment segments

Engineering
$25.3M0.0%

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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:Goodwill.

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

Other than the $97.2 million of goodwill from the Block Mining Acquisition allocated to the Bitcoin Mining segment and $25.3 million of goodwill from the E4A Solutions Acquisition allocated to the Engineering segment, the Company does not allocate assets to the reporting segments because its assets are managed on an entity-wide basis. The Company also does not regularly provide segment assets to its CODM, and, therefore, does not separately disclose the total assets of its reportable operating segments.

Item 1. Financial Statements (Unaudited)

FAQ

What is Riot Platforms, Inc.'s bitcoin mining — goodwill?
Riot Platforms, Inc. (RIOT) reported bitcoin mining — goodwill of $97.2M in Q1 2026.
How has Riot Platforms, Inc.'s bitcoin mining — goodwill changed year-over-year?
Riot Platforms, Inc.'s bitcoin mining — goodwill increased by 0.3% year-over-year, from $96.9M to $97.2M.
What does bitcoin mining — goodwill mean?
Represents the intangible asset value recorded when the cost of acquiring a mining operation exceeds the fair market value of its identifiable net assets. This reflects the premium paid for expected future synergies, brand reputation, or proprietary mining technology within the segment.

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