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Riot Platforms, Inc. RIOT Engineering — Revenue Remaining Performance Obligation

Discontinued — last reported Q4 '22

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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 us-gaap:RevenueRemainingPerformanceObligation.

The official record: Riot Platforms, Inc.’s 10-K, filed March 2, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Riot Platforms, Inc.'s engineering — revenue remaining performance obligation?
Riot Platforms, Inc. (RIOT) reported engineering — revenue remaining performance obligation of $8.45M in Q4 2022.
What does engineering — revenue remaining performance obligation mean?
The total value of contracted engineering work that has not yet been completed or billed as revenue.
How do you interpret engineering — revenue remaining performance obligation?
An increase indicates a growing backlog of future work and stronger long-term revenue visibility, while a decrease may suggest slowing demand or rapid completion of existing contracts.
How does engineering — revenue remaining performance obligation compare across companies?
Comparable to backlog or deferred revenue metrics in construction, infrastructure, or technical services firms, where long-term project contracts are standard.