Riot Platforms financials
$21.39−1.06%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $647.4M | $376.7M | $280.7M | $259.2M | $213.2M | $12.1M | $6.8M | $7.8M | $269.7K |
| Gross profit | $245.6M | $113.9M | $26.3M | $65.5M | $131.2M | $5.8M | $740.0K | $2.0M | $244.5K |
| Gross margin | 37.9% | 30.2% | 9.4% | 25.3% | 61.5% | 48.3% | 10.8% | 25.8% | 90.7% |
| Operating income | -$325.1M | -$326.1M | -$249.2M | -$630.7M | -$21.0M | -$21.9M | -$8.1M | -$59.4M | -$13.2M |
| Net income | -$663.2M | $109.4M | -$49.5M | -$509.6M | -$15.4M | -$14.1M | -$20.0M | -$58.0M | -$19.8M |
| Net margin | −102.4% | 29.0% | −17.6% | −196.6% | −7.2% | −116.8% | −293.1% | −739.4% | −7359.7% |
| Diluted EPS | $-1.95 | $0.34 | $-0.28 | $-3.65 | $-0.17 | $-0.33 | $-1.02 | $-4.33 | $-3.30 |
| EBITDA | $21.6M | -$116.9M | -$2.8M | $25.4M | $49.3M | -$4.2M | -$5.3M | -$18.8M | -$7.1M |
| Operating cash flow | -$572.9M | -$255.1M | $33.1M | $530.0K | -$86.1M | -$2.8M | -$15.4M | -$19.1M | -$4.4M |
| Free cash flow | -$991.5M | -$937.9M | -$391.0M | -$346.6M | -$508.0M | -$11.0M | -$20.4M | -$44.9M | -$4.4M |
| Diluted shares | 340.7M | 318.9M | 175.0M | 139.4M | 93.5M | 42.0M | 19.6M | 13.4M | 6.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $233.5M | $277.9M | $597.2M | $230.3M | $312.3M | $223.4M |
| Short-term investments | $0.00 | $134.3M | $0.00 | $0.00 | $10.8M | — |
| Total debt | $840.8M | $584.6M | $783.0K | $0.00 | $0.00 | $0.00 |
| Total assets | $3.94B | $3.94B | $2.05B | $1.32B | $1.52B | $280.1M |
| Total liabilities | $1.08B | $791.6M | $163.1M | $168.5M | $173.6M | $3.1M |
| Shareholders' equity | $2.86B | $3.14B | $1.89B | $1.15B | $1.35B | $277.1M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology