RIOT · Riot Platforms, Inc. · Financials
Key customers — 10% of revenue (the three and six months ended June 30, 2026)
“For the three and six months ended June 30, 2026, Bitcoin Mining revenue generated as a result of the Company’s participation in a mining pool and Data Center revenue generated by the Company’s AMD lease each contributed more than 10% of the Company’s total consolidated revenue.”
Key customers — 10% of revenue (the three and six months ended June 30, 2025)
“For the three and six months ended June 30, 2025, Bitcoin Mining revenue generated as a result of the Company’s participation in a mining pool contributed more than 10% of the Company’s total consolidated revenue.”
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $674.51M | $647.44M | $376.66M | $280.68M | $259.17M | $213.24M | $12.08M | $6.84M | $7.85M | $269.66K | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | -$96.13K | -$248.63K | -$180.51K | — | — | |
| $12.38M | — | — | — | — | — | $6.25M | $6.1M | $5.82M | $25.19K | $3058 | $30.59K | $71.47K | $21.19K | $592 | $16.35K | $358.09K | $710.21K | |
| — | — | — | — | — | — | — | — | — | — | $6358 | $70.8K | $95.49K | $34.88K | $40.97K | $203.08K | $12.14K | -$419.34K | |
| -$10.79K | — | — | — | — | — | — | — | — | $20.03K | $249.16K | $2.16M | $4.03M | $6.71M | $3.84M | $5.67M | $6.11M | $9.29M | |
| $309.61M | $298.78M | $266.92M | $100.35M | $67.45M | $87.43M | $87.43M | $9.16M | $20.86M | $7.31M | $4.41M | $6.76M | $6.56M | $5.52M | $5.18M | $5.58M | $7.42M | $6.05M | |
| $3.7M | $3.9M | $5.8M | $5.8M | $2.1M | $200K | $167K | $86K | $62K | $68K | — | — | — | — | -$20.57K | -$62.18K | -$68.39K | -$213.95K | |
| $377.2M | $342.8M | $206.2M | $246.5M | $105.9M | $26.1M | $26.32M | $119K | $5.27M | $890.89K | $93.32K | $253.82K | $288.75K | $326.53K | $430.23K | $490.52K | $492.16K | $388.2K | |
| $23.47M | — | — | — | — | — | — | — | $67.21M | $13.42M | $5.29M | $8.92M | $10.59M | $12.22M | $9.02M | $11.24M | $13.53M | $15.34M | |
| $2.02B | $1.27B | $223.07M | $343.73M | $771.87M | $243.11M | $27.63M | $16.25M | $67.21M | — | — | — | — | — | — | — | — | — | |
| -$1.34B | -$622.17M | $153.59M | -$63.05M | -$512.7M | -$29.87M | -$15.54M | -$9.42M | -$59.37M | -$13.15M | -$5.19M | -$8.75M | -$10.4M | -$12.1M | -$8.96M | -$10.98M | -$13.45M | -$15.55M | |
| — | -96.1% | 40.78% | -22.46% | -197.82% | -14.01% | -128.66% | -137.74% | -756.74% | -4878.23% | — | — | — | — | — | — | — | — | |
| -$966.54M | -$279.37M | $359.79M | $183.45M | -$406.8M | -$3.77M | $10.78M | -$9.3M | -$54.1M | -$12.26M | -$5.1M | -$8.49M | -$10.11M | -$11.78M | -$8.53M | -$10.49M | -$12.96M | -$15.16M | |
| — | — | — | — | — | $296K | — | $122K | $123K | $4.81M | $30.16K | $98.96K | $116.18K | $135.22K | $248.13K | $180.51K | $132.79K | $200.14K | |
| $615K | — | $564K | — | — | — | $85K | — | — | $104.89K | $126.3K | $153.59K | — | — | — | $16.42K | $61.7K | $189.43K | |
| $19.1M | -$41.17M | -$43.45M | $8.48M | -$8.6M | $14.69M | $1.44M | -$11.03M | -$1.64M | -$4.88M | $2.03M | -$8854 | -$40.05K | -$45.47K | -$250.55K | $762.39K | $111.84K | $43.14K | |
| — | — | — | — | $16.3M | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | -$663.33M | $110.15M | -$54.57M | -$521.3M | -$15.18M | -$14.11M | -$20.45M | -$61.01M | -$18.04M | -$3.16M | — | — | — | — | — | — | — | |
| — | -$150K | $744K | -$5.09M | -$11.75M | $254K | — | -$143K | -$699K | -$1.61M | — | — | — | — | — | — | — | — | |
| -$1.32B | -$663.18M | $109.4M | -$49.47M | -$509.55M | -$15.44M | -$14.11M | -$20.04M | -$58.01M | -$19.85M | -$4.27M | -$8.76M | -$10.44M | -$12.15M | -$9.21M | -$10.21M | -$13.34M | -$15.52M | |
| — | -102.43% | 29.05% | -17.63% | -196.61% | -7.24% | -116.83% | -293.1% | -739.43% | -7359.67% | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | $7000 | -$264K | -$2.21M | -$125.06K | — | — | — | — | — | — | — | — | |
| — | -$663.18M | $109.4M | -$49.47M | -$509.55M | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| -$1.32B | -$663.4M | $109.47M | -$49.32M | -$509.55M | -$15.44M | — | — | — | — | — | — | — | — | — | — | — | — | |
| USD/shares | -$3.82 | -$1.95 | $0.40 | -$0.28 | -$3.65 | -$0.17 | -$0.34 | -$1.02 | — | — | — | — | — | — | — | — | — | — |
| USD/shares | -$3.75 | -$1.95 | $0.34 | -$0.28 | -$3.65 | -$0.17 | -$0.33 | -$1.02 | — | — | — | — | — | — | — | — | — | — |
| shares | — | 340.72M | 275.98M | 175.03M | 139.43M | 93.45M | 41.98M | 19.6M | 13.4M | 6.02M | 4.07M | 3.88M | 28.63M | 16.95M | 5M | 1.34M | 1.31M | — |
| shares | — | 340.72M | 318.93M | 175.03M | 139.43M | 93.45M | 41.98M | 19.6M | 13.4M | 6.02M | 4.07M | 3.88M | 28.63M | 16.95M | 5M | 1.34M | 1.31M | — |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2017–FY2025: $45.55M in buybacks, $9.56M in dividends.
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 32 similar-size Capital Markets companies (of 77 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Bitcoin Mining Segment | $576,276,000 | $321,002,000 | $188,996,000 | $156,870,000 |
| Engineering Segment | $64,688,000 | $38,491,000 | $64,303,000 | $65,342,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Mining | $576,276,000 | $321,002,000 | $188,996,000 | — | $184,422,000 | — | — |
| Engineering | $64,688,000 | $38,491,000 | $64,303,000 | — | $4,178,000 | — | — |
| Other Revenue | $6,471,000 | $17,165,000 | $27,379,000 | — | $97,000 | $97,000 | $96,000 |
| Data Center Hosting | — | — | — | $36,862,000 | $24,546,000 | — | — |
| Other | — | — | — | — | — | — | $96,000 |
| Revenue Net Data Center Hosting | — | — | — | $36,862,000 | — | — | — |
| Revenue Net Engineering | — | — | — | $29,700,000 | — | — | — |
| Product | — | — | — | $156,870,000 | — | $11,984,000 | $6,741,000 |