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Riot Platforms, Inc. RIOT Engineering — Cost Of Revenue

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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:CostOfRevenue.

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 itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Cost of revenue (excludes depreciation and amortization presented below):
Bitcoin Mining86,76274,818
Data Center30,773
Engineering18,14111,806
Other8,965
Acquisition-related costs76
Selling, general, and administrative76,18071,448
Depreciation and amortization97,73477,926

Item 1. Financial Statements (Unaudited)

FAQ

What is Riot Platforms, Inc.'s engineering — cost of revenue?
Riot Platforms, Inc. (RIOT) reported engineering — cost of revenue of $18.14M in Q1 2026.
How has Riot Platforms, Inc.'s engineering — cost of revenue changed year-over-year?
Riot Platforms, Inc.'s engineering — cost of revenue increased by 53.7% year-over-year, from $11.81M to $18.14M.
What is the long-term trend for Riot Platforms, Inc.'s engineering — cost of revenue?
Over 4 years (2021 to 2025), Riot Platforms, Inc.'s engineering — cost of revenue has grown at a 94.1% compound annual growth rate (CAGR), from $3.58M to $50.89M.
What does engineering — cost of revenue mean?
The aggregate direct costs associated with producing the goods or services sold by the engineering segment. This includes direct materials, direct labor, and other directly attributable project costs.

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