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Riot Platforms, Inc. RIOT Data Centers — Tenant Fit Out Costs

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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$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 riot:TenantFitOutCosts.

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 data centers — tenant fit out costs?
Riot Platforms, Inc. (RIOT) reported data centers — tenant fit out costs of $30.69M in Q1 2026.
What does data centers — tenant fit out costs mean?
The costs incurred to prepare and customize data center space for new hosting clients.
How do you interpret data centers — tenant fit out costs?
High costs may indicate significant new business onboarding, while consistently high costs relative to revenue may signal inefficient capital allocation or high client churn.
How does data centers — tenant fit out costs compare across companies?
Comparable to tenant improvement (TI) allowances and capital expenditures for facility build-outs in the commercial real estate and data center sectors.