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Riot Platforms, Inc. RIOT Engineering — Cost Direct Labor

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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:CostDirectLabor.

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
Line itemBitcoin MiningData CenterEngineeringTotal
Compensation5,045585,103
Insurance on miners1,4621,462
Water and property tax5,6565,656
Tenant fit-out costs30,68830,688
Materials21,52521,525
Labor2,7652,765
Other segment items(a)2,2828,17510,457
Segment gross profit (loss)$25,133$2,377$7,447$34,957

Item 1. Financial Statements (Unaudited)

FAQ

What is Riot Platforms, Inc.'s engineering — cost direct labor?
Riot Platforms, Inc. (RIOT) reported engineering — cost direct labor of $2.77M in Q1 2026.
How has Riot Platforms, Inc.'s engineering — cost direct labor changed year-over-year?
Riot Platforms, Inc.'s engineering — cost direct labor increased by 138.0% year-over-year, from $1.16M to $2.77M.
What is the long-term trend for Riot Platforms, Inc.'s engineering — cost direct labor?
Over 3 years (2022 to 2025), Riot Platforms, Inc.'s engineering — cost direct labor has grown at a 9.7% compound annual growth rate (CAGR), from $4.18M to $5.51M.
What does engineering — cost direct labor mean?
The total compensation, including wages and benefits, paid to personnel directly involved in the execution of engineering projects. This reflects the human capital investment required to generate revenue within the engineering segment.

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