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Riot Platforms, Inc. RIOT Mining — Cost Of Revenue

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$18.14M+53.7%

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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:CostOfRevenue.

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 mining — cost of revenue?
Riot Platforms, Inc. (RIOT) reported mining — cost of revenue of $86.76M in Q1 2026.
How has Riot Platforms, Inc.'s mining — cost of revenue changed year-over-year?
Riot Platforms, Inc.'s mining — cost of revenue increased by 16.0% year-over-year, from $74.82M to $86.76M.
What is the long-term trend for Riot Platforms, Inc.'s mining — cost of revenue?
Over 3 years (2022 to 2025), Riot Platforms, Inc.'s mining — cost of revenue has grown at a 65.8% compound annual growth rate (CAGR), from $74.34M to $339.01M.
What does mining — cost of revenue mean?
The total direct expenses incurred to operate the mining segment and generate its revenue.
How do you interpret mining — cost of revenue?
An increase in this metric without a corresponding rise in revenue suggests margin compression, while a decrease relative to revenue indicates improved cost management.
How does mining — cost of revenue compare across companies?
Comparable to 'Cost of Goods Sold' or 'Direct Mining Costs' reported by other digital asset mining companies.