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RIOT

Riot Platforms, Inc.

Price Chart
Latest Quote

$28.10

+0.67 (+2.44%)
Current Price
Previous Close $27.43
Open $28.50
Day High $28.79
Day Low $27.60
Volume 14,037,765
Fetched: 2026-06-20T10:47:08
Stock Information
Shares Outstanding 378.15M
Total Debt $877.19M
Cash Equivalents $205.67M
Revenue $653.27M
Net Income $-867.29M
Sector Financial Services
Industry Capital Markets
Market Cap $10.63B
EPS (TTM) $-2.49
Exchange NCM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$11.30B
Sales$653.27M
Income$-867.29M
Book/sh$6.32
Cash/sh$0.54
Employees816
Financial Ratios
Quick Ratio0.67
Current Ratio1.08
Debt/Eq36.63
Returns & Margins
ROA-12.11%
ROE-32.49%
Gross Margin32.35%
Operating Margin-280.49%
Profit Margin-132.76%
Ownership
Insider Ownership7.63%
Institutional Ownership81.54%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E-47.59
P/S16.27
P/B4.45
Analyst Data
Recommendationstrong_buy
Target Price$28.55
Technical Indicators
SMA20$26.52
SMA50$22.64
SMA200$17.81
RSI54.11
ATR2.0784
Shares Float348.65M
Short Float17.89%
Short Ratio3.31
Volatility3.82
Rel Volume0.91
Performance History
Week+7.50%
Month+24.09%
Quarter+98.73%
6 Months+108.61%
YTD+98.45%
Year+190.89%
3 Years+173.88%
5 Years-9.44%
10 Years+777.72%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-18 $28.10 14,052,800
2026-06-17 $27.43 11,366,000
2026-06-16 $27.42 12,148,100
2026-06-15 $27.38 10,722,000
2026-06-12 $26.61 10,181,300
2026-06-11 $26.14 15,852,100
2026-06-10 $24.08 17,139,800
2026-06-09 $25.30 19,281,700
2026-06-08 $25.69 12,919,100
2026-06-05 $24.66 18,383,900
2026-06-04 $27.47 16,211,400
2026-06-03 $27.65 16,040,300
2026-06-02 $27.32 17,871,500
2026-06-01 $28.25 18,945,700
2026-05-29 $27.11 18,700,700
2026-05-28 $27.74 19,167,800
2026-05-27 $26.94 16,779,800
2026-05-26 $26.08 16,734,000
2026-05-22 $24.49 11,154,100
2026-05-21 $24.47 13,551,700
2026-05-20 $23.67 13,231,200
2026-05-19 $22.65 14,841,000
About Riot Platforms, Inc.

Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. It operates in two segments, Bitcoin Mining and Engineering. The company offers comprehensive and critical infrastructure for bitcoin mining and data center services at its facilities. The company also designs and manufactures power distribution equipment and engineered-to-order electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale industrial and governmental customers, as well as data center, power generation, utility, water, industrial, and alternative energy markets. The company was founded in 2000 and is based in Castle Rock, Colorado.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $401,875,000 $262,755,000 $254,333,000 $193,696,000
Cost Of Revenue $401,875,000 $262,755,000 $254,333,000 $193,696,000
Total Revenue $647,435,000 $376,658,000 $280,678,000 $259,171,000
Operating Revenue $640,964,000 $359,493,000 $253,299,000 $222,212,000
Expenses
Interest Expense $24,144,000 $1,985,000 $2,854,000 $1,309,000
Total Expenses $990,733,000 $708,038,000 $535,818,000 $341,753,000
Other Income Expense $-309,873,000 $416,344,000 $192,353,000 $-439,174,000
Other Non Operating Income Expenses $-2,813,000 $863,000 $260,000 $-59,000
Interest Expense Non Operating $24,144,000 $1,985,000 $2,854,000 $1,309,000
Operating Expense $588,858,000 $445,283,000 $281,485,000 $148,057,000
Other Operating Expenses $-56,729,000 $-33,685,000 $-71,215,000 $-27,345,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-663,181,000 $109,401,000 $-49,472,000 $-509,553,000
Net Interest Income $-10,160,000 $25,181,000 $8,222,000 $454,000
Interest Income $13,984,000 $27,166,000 $11,076,000 $1,763,000
Normalized Income $-384,313,000 $-372,174,210 $-223,700,351 $-89,127,936
Net Income From Continuing And Discontinued Operation $-663,181,000 $109,401,000 $-49,472,000 $-509,553,000
Total Operating Income As Reported $-622,166,000 $153,590,000 $-63,047,000 $-512,701,000
Net Income Common Stockholders $-663,181,000 $109,401,000 $-49,472,000 $-509,553,000
Net Income $-663,181,000 $109,401,000 $-49,472,000 $-509,553,000
Net Income Including Noncontrolling Interests $-663,181,000 $109,401,000 $-49,472,000 $-509,553,000
Net Income Continuous Operations $-663,181,000 $109,401,000 $-49,472,000 $-509,553,000
Pretax Income $-663,331,000 $110,145,000 $-54,565,000 $-521,302,000
Special Income Charges $-161,541,000 $-17,716,000 $638,000 $-531,883,000
Earnings From Equity Interest $-28,192,000 - - $-8,996,000
Interest Income Non Operating $13,984,000 $27,166,000 $11,076,000 $1,763,000
Operating Income $-343,298,000 $-331,380,000 $-255,140,000 $-82,582,000
Depreciation Amortization Depletion Income Statement $346,811,000 $212,053,000 $252,354,000 $107,950,000
Depreciation And Amortization In Income Statement $346,811,000 $212,053,000 $252,354,000 $107,950,000
Gross Profit $245,560,000 $113,903,000 $26,345,000 $65,475,000
Per Share
Diluted EPS $-1.95 $0.34 $-0.28 $-3.65
Basic EPS $-1.95 $0.40 $-0.28 $-3.65
Other
Tax Effect Of Unusual Items $0 $3,394,790 $17,864,649 $-9,693,936
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-13,508,000 $-91,298,000 $8,550,000 $18,076,000
Total Unusual Items $-278,868,000 $415,481,000 $192,093,000 $-430,119,000
Total Unusual Items Excluding Goodwill $-278,868,000 $415,481,000 $192,093,000 $-430,119,000
Reconciled Depreciation $346,811,000 $212,053,000 $252,354,000 $107,950,000
EBITDA (Bullshit earnings) $-292,376,000 $324,183,000 $200,643,000 $-412,043,000
EBIT $-639,187,000 $112,130,000 $-51,711,000 $-519,993,000
Diluted Average Shares $340,719,298 $318,925,961 $175,026,051 $139,433,901
Basic Average Shares $340,719,298 $275,980,010 $175,026,051 $139,433,901
Diluted NI Availto Com Stockholders $-663,181,000 $109,401,000 $-49,472,000 $-509,553,000
Tax Provision $-150,000 $744,000 $-5,093,000 $-11,749,000
Gain On Sale Of Ppe $2,267,000 $-17,429,000 $-5,336,000 $16,281,000
Other Special Charges $151,956,000 $-2,795,000 $-5,974,000 $9,688,000
Impairment Of Capital Assets $29,736,000 $0 $0 $391,192,000
Restructuring And Mergern Acquisition $-17,884,000 $3,082,000 $0 $-81,000
Gain On Sale Of Security $-117,327,000 $433,197,000 $191,455,000 $101,764,000
Selling General And Administration $298,776,000 $266,915,000 $100,346,000 $67,452,000
Write Off - $0 $0 $147,365,000
Minority Interests - - - $0
Gain On Sale Of Business - - - -
Fetched: 2026-06-20
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $2,545,387,000 $2,976,841,000 $1,862,005,000 $1,119,801,000
Total Assets $3,936,767,000 $3,935,307,000 $2,051,080,000 $1,319,964,000
Total Non Current Assets $3,488,057,000 $3,335,831,000 $1,042,509,000 $876,583,000
Other Non Current Assets $365,841,000 $19,554,000 $13,121,000 $310,000
Non Current Prepaid Assets $76,511,000 $30,115,000 $215,009,000 $42,433,000
Financial Assets $106,670,000 $109,475,000 $74,075,000 $98,135,000
Investmentin Financial Assets $1,227,462,000 $1,654,468,000 $0 -
Goodwill And Other Intangible Assets $313,019,000 $166,844,000 $26,017,000 $31,641,000
Other Intangible Assets $190,520,000 $44,957,000 $26,017,000 $31,641,000
Current Assets $448,710,000 $599,476,000 $1,008,571,000 $443,381,000
Other Current Assets $59,447,000 $40,288,000 $29,107,000 $32,661,000
Hedging Assets Current $41,378,000 $40,020,000 $31,052,000 $24,297,000
Restricted Cash $76,272,000 $73,441,000 $0 -
Receivables $38,096,000 $33,602,000 $40,065,000 $46,675,000
Other Receivables $8,308,000 $6,478,000 $15,359,000 $19,743,000
Accounts Receivable $29,788,000 $27,124,000 $24,706,000 $26,932,000
Allowance For Doubtful Accounts Receivable $-4,700,000 $-2,900,000 $-1,500,000 $-1,900,000
Gross Accounts Receivable $34,488,000 $30,024,000 $26,206,000 $28,832,000
Cash Cash Equivalents And Short Term Investments $233,517,000 $412,125,000 $908,347,000 $339,748,000
Cash And Cash Equivalents $233,517,000 $277,860,000 $597,169,000 $230,328,000
Prepaid Assets - - - -
Debt
Net Debt $607,279,000 $306,765,000 - -
Total Debt $866,758,000 $613,161,000 $22,128,000 $22,251,000
Long Term Debt And Capital Lease Obligation $606,557,000 $608,226,000 $19,450,000 $20,242,000
Long Term Debt $586,909,000 $584,311,000 $526,000 -
Current Debt And Capital Lease Obligation $260,201,000 $4,935,000 $2,678,000 $2,009,000
Current Debt $253,887,000 $314,000 $257,000 -
Other Current Borrowings $253,887,000 $314,000 $257,000 -
Liabilities
Total Liabilities Net Minority Interest $1,078,361,000 $791,622,000 $163,058,000 $168,522,000
Total Non Current Liabilities Net Minority Interest $608,586,000 $631,237,000 $42,043,000 $46,979,000
Other Non Current Liabilities $19,000 $6,192,000 $6,154,000 $8,230,000
Derivative Product Liabilities $2,010,000 $3,229,000 $638,000 $638,000
Non Current Deferred Liabilities $0 $13,590,000 $15,801,000 $17,869,000
Current Liabilities $469,775,000 $160,385,000 $121,015,000 $121,543,000
Other Current Liabilities $6,185,000 $23,626,000 $271,000 $24,297,000
Current Deferred Liabilities $37,117,000 $38,543,000 $32,538,000 $11,328,000
Payables And Accrued Expenses $145,332,000 $72,063,000 $70,640,000 $75,327,000
Payables $34,648,000 $26,965,000 $23,157,000 $18,445,000
Total Tax Payable $11,228,000 $9,356,000 - -
Accounts Payable $23,420,000 $17,609,000 $23,157,000 $18,445,000
Equity
Common Stock Equity $2,858,406,000 $3,143,685,000 $1,888,022,000 $1,151,442,000
Total Equity Gross Minority Interest $2,858,406,000 $3,143,685,000 $1,888,022,000 $1,151,442,000
Gains Losses Not Affecting Retained Earnings $0 $222,000 $150,000 $0
Retained Earnings $-1,353,600,000 $-690,419,000 $-799,820,000 $-756,342,000
Other Equity Adjustments - $222,000 $150,000 -
Preferred Stock Equity - - - -
Stockholders Equity - - - -
Other
Ordinary Shares Number $371,575,652 $344,890,208 $230,836,624 $167,751,112
Share Issued $371,575,652 $344,890,208 $230,836,624 $167,751,112
Tangible Book Value $2,545,387,000 $2,976,841,000 $1,862,005,000 $1,119,801,000
Invested Capital $3,699,202,000 $3,728,310,000 $1,888,805,000 $1,151,442,000
Working Capital $-21,065,000 $439,091,000 $887,556,000 $321,838,000
Capital Lease Obligations $25,962,000 $28,536,000 $21,345,000 $22,251,000
Total Capitalization $3,445,315,000 $3,727,996,000 $1,888,548,000 $1,151,442,000
Capital Stock $4,212,006,000 $3,833,882,000 $2,687,692,000 $1,907,784,000
Common Stock $4,212,006,000 $3,833,882,000 $2,687,692,000 $1,907,784,000
Preferred Stock $0 $0 $0 $0
Non Current Deferred Revenue $0 $13,590,000 $15,801,000 $17,869,000
Long Term Capital Lease Obligation $19,648,000 $23,915,000 $18,924,000 $20,242,000
Current Deferred Revenue $37,117,000 $12,536,000 $6,531,000 $11,328,000
Current Capital Lease Obligation $6,314,000 $4,621,000 $2,421,000 $2,009,000
Pensionand Other Post Retirement Benefit Plans Current $20,940,000 $21,218,000 $14,888,000 $8,582,000
Current Accrued Expenses $110,684,000 $45,098,000 $47,483,000 $56,882,000
Investments And Advances $1,227,462,000 $1,654,468,000 $0 -
Available For Sale Securities $1,227,462,000 $1,654,468,000 - -
Goodwill $122,499,000 $121,887,000 $0 $0
Net PPE $1,398,554,000 $1,355,375,000 $714,287,000 $704,064,000
Accumulated Depreciation $-605,045,000 $-446,268,000 $-359,443,000 $-122,180,000
Gross PPE $2,003,599,000 $1,801,643,000 $1,073,730,000 $826,244,000
Construction In Progress $165,621,000 $82,965,000 $166,970,000 $97,231,000
Other Properties $975,871,000 $955,358,000 $516,643,000 $462,997,000
Machinery Furniture Equipment $59,080,000 $47,458,000 $41,252,000 $36,331,000
Buildings And Improvements $803,027,000 $715,862,000 $348,865,000 $229,685,000
Properties $0 $0 $0 $0
Other Short Term Investments $0 $134,265,000 $311,178,000 $109,420,000
Treasury Shares Number - - $0 -
Minority Interest - - - -
Fetched: 2026-06-20
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $-1,139,879,000 $-1,522,568,000 $-391,050,000 $-352,332,000
Operating Activities
Cash Flow From Continuing Operating Activities $-572,928,000 $-255,052,000 $33,085,000 $530,000
Operating Gains Losses $33,129,000 $41,641,000 $-1,385,000 $-109,049,000
Operating Cash Flow - - - -
Investing Activities
Capital Expenditure $-566,951,000 $-1,267,516,000 $-424,135,000 $-352,862,000
Investing Cash Flow $76,127,000 $-1,508,805,000 $-414,766,000 $-354,863,000
Cash Flow From Continuing Investing Activities $76,127,000 $-1,508,805,000 $-414,766,000 $-354,863,000
Net Other Investing Changes $-5,308,000 $-990,000 $7,500,000 $-3,809,000
Capital Expenditure Reported $0 $-577,500,000 $0 $0
Financing Activities
Repurchase Of Capital Stock $-4,289,000 $-11,562,000 $-14,035,000 $-10,138,000
Issuance Of Capital Stock $212,735,000 $977,030,000 $778,430,000 $304,849,000
Financing Cash Flow $455,289,000 $1,517,989,000 $748,522,000 $272,346,000
Cash Flow From Continuing Financing Activities $455,289,000 $1,517,989,000 $748,522,000 $272,346,000
Net Other Financing Charges $-7,429,000 $-35,642,000 $-16,734,000 $-22,365,000
Net Common Stock Issuance $208,446,000 $965,468,000 $764,395,000 $294,711,000
Common Stock Issuance $212,735,000 $977,030,000 $778,430,000 $304,849,000
Other
Repayment Of Debt $-6,728,000 $-6,220,000 $-6,059,000 $0
Issuance Of Debt $261,000,000 $594,383,000 $6,920,000 $0
Interest Paid Supplemental Data $15,451,000 $45,000 $84,000 $0
Income Tax Paid Supplemental Data $1,036,000 $107,000 $680,000 $0
End Cash Position $309,789,000 $351,301,000 $597,169,000 $230,328,000
Beginning Cash Position $351,301,000 $597,169,000 $230,328,000 $312,315,000
Changes In Cash $-41,512,000 $-245,868,000 $366,841,000 $-81,987,000
Common Stock Payments $-4,289,000 $-11,562,000 $-14,035,000 $-10,138,000
Net Issuance Payments Of Debt $254,272,000 $588,163,000 $861,000 $0
Net Long Term Debt Issuance $254,272,000 $588,163,000 $861,000 $0
Long Term Debt Payments $-6,728,000 $-6,220,000 $-6,059,000 $0
Long Term Debt Issuance $261,000,000 $594,383,000 $6,920,000 $0
Net Investment Purchase And Sale $641,559,000 $0 $-4,500,000 $1,808,000
Sale Of Investment $641,559,000 $0 $0 $1,808,000
Purchase Of Investment $0 $0 $-4,500,000 $0
Net Business Purchase And Sale $0 $-254,615,000 $0 $0
Purchase Of Business $0 $-254,615,000 $0 $0
Net Intangibles Purchase And Sale $0 $0 $-34,000 $-9,527,000
Purchase Of Intangibles $0 $0 $-34,000 $-9,527,000
Net PPE Purchase And Sale $-560,124,000 $-675,700,000 $-417,732,000 $-343,335,000
Sale Of PPE $6,827,000 $14,316,000 $6,369,000 $0
Purchase Of PPE $-566,951,000 $-690,016,000 $-424,101,000 $-343,335,000
Change In Working Capital $-6,409,000 $21,718,000 $-1,964,000 $15,547,000
Change In Other Current Liabilities $24,086,000 $13,879,000 $-8,316,000 $3,489,000
Change In Other Current Assets $-30,495,000 $7,839,000 $6,352,000 $12,058,000
Other Non Cash Items $-554,605,000 $-307,660,000 $-8,839,000 $-55,728,000
Stock Based Compensation $125,711,000 $125,204,000 $32,170,000 $24,555,000
Unrealized Gain Loss On Investment Securities $115,880,000 $-457,409,000 $-184,734,000 $0
Asset Impairment Charge $29,736,000 $0 $0 $538,557,000
Deferred Tax $0 $0 $-5,045,000 $-11,749,000
Deferred Income Tax $0 $0 $-5,045,000 $-11,749,000
Depreciation Amortization Depletion $346,811,000 $212,053,000 $252,354,000 $107,950,000
Depreciation And Amortization $346,811,000 $212,053,000 $252,354,000 $107,950,000
Earnings Losses From Equity Investments $28,192,000 $69,489,000 $0 $8,996,000
Gain Loss On Investment Securities $7,204,000 $-45,277,000 $-6,721,000 $-101,764,000
Gain Loss On Sale Of PPE $-2,267,000 $17,429,000 $5,336,000 $-16,281,000
Net Income From Continuing Operations $-663,181,000 $109,401,000 $-49,472,000 $-509,553,000
Proceeds From Stock Option Exercised - - $0 $0
Net Short Term Debt Issuance - - $861,000 $0
Short Term Debt Payments - - $-6,059,000 $0
Short Term Debt Issuance - - $6,920,000 $0
Change In Other Working Capital - - - $3,380,000
Change In Payables And Accrued Expense - - - $11,962,000
Change In Accrued Expense - - - $13,555,000
Change In Payable - - - $-1,593,000
Change In Account Payable - - - $-1,593,000
Change In Prepaid Assets - - - $-25,520,000
Change In Receivables - - - $-21,415,000
Changes In Account Receivables - - - $-11,534,000
Depreciation - - - $120,131,000
Sale Of Intangibles - - - -
Gain Loss On Sale Of Business - - - -
Fetched: 2026-06-20