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Riot Platforms, Inc. RIOT Mining — Revenue

Other product segments

Engineering
$39.91M+97.2%
Data Centers Operations
$33.15M

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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:Revenues.

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
Revenue:
Bitcoin Mining$111,895$142,859
Data Center33,150
Engineering22,17413,920
Other4,608
Total revenue167,219161,387
Costs and expenses:
Cost of revenue (excludes depreciation and amortization presented below):

Item 1. Financial Statements (Unaudited)

FAQ

What is Riot Platforms, Inc.'s mining — revenue?
Riot Platforms, Inc. (RIOT) reported mining — revenue of $111.9M in Q1 2026.
How has Riot Platforms, Inc.'s mining — revenue changed year-over-year?
Riot Platforms, Inc.'s mining — revenue decreased by 21.7% year-over-year, from $142.86M to $111.9M.
What is the long-term trend for Riot Platforms, Inc.'s mining — revenue?
Over 3 years (2022 to 2025), Riot Platforms, Inc.'s mining — revenue has grown at a 54.3% compound annual growth rate (CAGR), from $156.87M to $576.28M.
What does mining — revenue mean?
This metric tracks the total revenue recognized from the company's dedicated mining segment, encompassing all income streams derived from blockchain validation services. It serves as the primary top-line performance indicator for the mining business unit. This figure is essential for assessing the segment's contribution to the overall consolidated financial performance.

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