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Riot Platforms, Inc.

RIOT

$14.76 ▼ -0.71 (-4.59%) at close

18 Visible periods

31 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

Riot Platforms, Inc. faces fundamental challenges with weakness in Profit Margin (%) and Operating Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $5.0B

Dividend Yield —

Revenue Growth 71.9% ↗

Op. Margin -96.1% ↘

ROIC -16.8% ↘

FCF / Share $-2.27 ↘

Trailing P/E —

Price / Book 1.9x

FCF Yield —

Debt / Equity 0.29

info Valuation on last close. End-of-day price, Nov 5, 2026.

18-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$647.43M

↑ +71.9% —

Net Income Profit after all expenses

$-663.18M

↓ -706.2% —

Operating Margin Operating profit as % of sales

-96.1%

↓ -335.7% 2th

FCF / Share Free cash flow per share

$-2.27

↓ -26.6% —

Long-Term Debt Long-term obligations

$840.80M

↑ +43.8% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Returns ↑

Financial Health ↑

Cash Quality ↓

Financial view

Statement lens

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Jun 30, 2021 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue Growth YoY (%)	71.9% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1098%)	34.2% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+470%)	8.3% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+38%)	21.5% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+259%)	1665.1% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+27652%)	76.7% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1178%)	-12.9% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-314%)	2809.4% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+46723%)	—	—	-39.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-755%)	197.8% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+3196%)	34.9% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+482%)	-81.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-1451%)	-40.7% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-779%)	27.3% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+355%)	—	—
EPS Growth YoY (%)	N/M	N/M	92.3% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-2047.1% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	50.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	—	—	—	—	—	—	—	—	—
Net Income Growth YoY (%)	N/M	N/M	90.3% Excellent ↑ Excellent Improving Year-over-year change in net income	-3200.9% Weak ↓ Weak Declining Year-over-year change in net income	-9.4% Weak ↑ Weak Improving Year-over-year change in net income	29.6% Excellent ↑ Excellent Improving Year-over-year change in net income	65.5% Excellent ↑ Excellent Improving Year-over-year change in net income	-192.3% Weak ↓ Weak Declining Year-over-year change in net income	-364.5% Weak ↓ Weak Declining Year-over-year change in net income	51.2% Excellent ↑ Excellent Improving Year-over-year change in net income	16.1% Good ↑ Good Improving Year-over-year change in net income	14.0% Fair ↑ Fair Improving Year-over-year change in net income	-31.9% Weak ↓ Weak Declining Year-over-year change in net income	9.8% Fair ↓ Fair Declining Year-over-year change in net income	23.4% Good Good Year-over-year change in net income	14.0% Fair Fair Year-over-year change in net income	—	—
FCF Growth YoY (%)	-26.6% Weak ↓ Weak Declining Year-over-year change in free cash flow	-95.6% Weak ↑ Weak Improving Year-over-year change in free cash flow	13.5% Fair ↑ Fair Improving Year-over-year change in free cash flow	57.5% Excellent Excellent Year-over-year change in free cash flow	-853.3% Weak Weak Year-over-year change in free cash flow	—	—	—	—	—	—	—	—	—	—	—	—	—
Revenue CAGR 3Y (%)	35.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	20.9% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	185.3% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	235.9% Excellent → Excellent Stable Compound annual revenue growth over 3 years	200.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	255.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	—	326.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	17.3% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	—	34.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	-8.7% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-46.7% Weak Weak Compound annual revenue growth over 3 years	-47.7% Weak Weak Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	121.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	123.0% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	104.5% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	295.0% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	—	160.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	110.1% Excellent → Excellent Stable Compound annual revenue growth over 5 years	168.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	45.4% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	—	-22.8% Weak Weak Compound annual revenue growth over 5 years	-10.5% Weak Weak Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Jun 30, 2021 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Operating Margin (%) (%)	-96.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-484%)	40.8% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+63%)	-22.5% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-190%)	-197.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-891%)	-14.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-156%)	-128.7% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-615%)	-147.5% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-690%)	—	—	—	—	—	—	—	—	—	—	—
Effective Tax Rate (%) (%)	0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	9.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	2.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	0.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	1.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	8.9% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—	—	—
Profit Margin (%) (%)	-102.4% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-566%)	29.0% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+32%)	-17.6% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-180%)	-196.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-994%)	-7.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-133%)	-116.8% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-631%)	-293.1% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1432%)	—	—	—	—	—	—	—	—	—	—	—
FCF Margin (%) (%)	-119.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-131.5% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-57.2% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-57.1% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-109.4% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-91.0% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-298.0% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	—	—	—	—	—	—	—
FCF / Net Income (x)	1.17x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	-4.53x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	3.25x Excellent ↓ Excellent Declining Free cash flow relative to reported net income Optimal: > 1x	0.29x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	15.11x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.78x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	1.02x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.68x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.22x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	1.29x Good Good Free cash flow relative to reported net income Optimal: > 1x	—	—	0.80x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.60x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.82x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.82x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.75x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Jun 30, 2021 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Return on Invested Capital (%)	-16.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	4.1% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	-3.0% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-43.5% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—	—	-38.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-1014.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-24.5% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-27.5% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-43.0% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-34.7% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-73.8% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-66.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-226.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-94.5% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-95.9% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-15.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	3.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-3.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-38.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-3.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-4.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-33.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-428.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-25.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-30.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-41.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-36.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-64.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-53.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-125.8% Weak Weak Operating profit relative to total assets Optimal: > 10%	-78.4% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-23.2% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-293%)	3.5% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-71%)	-2.6% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-122%)	-44.3% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-469%)	—	—	-76.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-736%)	—	-40.6% Weak → Weak Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-438%)	-28.6% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-339%)	-54.5% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-554%)	-44.1% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-467%)	-93.8% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-882%)	-86.2% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-818%)	-267.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-2325%)	-118.6% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1088%)	-121.1% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1109%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Jun 30, 2021 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Debt to Equity (x)	0.29x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-75%)	0.19x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-85%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—	—	—	—	—	—	—	0.01x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-99%)	0.01x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-99%)	0.01x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-99%)	—	—	—	—	—
Interest Coverage (x)	-40.27x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	3413.11x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	-750.56x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	—	-82.64x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-482.75x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-2.74x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-172.15x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-88.40x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-89.54x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-125.91x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-36.04x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-60.81x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-69.16x Weak Weak Operating income divided by interest expense Optimal: > 5x	-77.70x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$607.28M	$306.76M	$-596.64M	$-230.33M	$-57.88M	$-241.01M	$-7.44M	$-225.39K	$-41.65M	$-5.53M	$-1.87M	$-3.38M	$-5.49M	$-10.98M	$-2.97M	$-8.91M	$-13.37M	$-11.82M
Debt / EBITDA (x)	-3.01x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.62x Good Good Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—	—	-0.02x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.02x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.01x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Jun 30, 2021 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue per Share (USD)	$1.90	$1.36	$1.60	$1.86	$2.28	$0.29	—	—	—	—	—	—	—	—	—	—	—	—
Basic EPS, GAAP (USD)	$-1.95	$0.40	$-0.28	$-3.65	$-0.17	$-0.34	—	—	—	—	—	—	—	—	—	—	—	—
Free Cash Flow per Share (USD)	$-2.27	$-1.80	$-0.92	$-1.06	$-2.50	$-0.26	—	—	—	—	—	—	—	—	—	—	—	—
Book Value per Share (USD)	$7.69	$9.12	$8.18	$6.86	—	—	$1.05	$0.40	$4.20	—	$0.52	$0.76	$0.60	$1.07	$2.38	$8.39	—	—
Tangible Book Value per Share (USD)	$7.36	$8.76	$8.18	$6.86	—	—	$1.05	$0.35	$4.04	—	$0.51	$0.75	$0.59	$1.04	$2.14	$8.39	—	—
Basic Weighted Avg Shares (shares)	340.72M	275.98M	175.03M	139.43M	93.45M	41.98M	—	—	—	—	—	—	—	—	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Jun 30, 2021 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Working Capital (USD)	$-21.07M	$439.09M	$887.56M	$321.84M	$142.62M	$264.96M	$9.26M	$-4.35M	$41.35M	$12.69M	$14.62M	$23.11M	$12.51M	$8.45M	$2.25M	$9.58M	—	—
LT Debt (USD)	$840.80M	$584.62M	$526.00K	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total Equity (USD)	$2.86B	$3.14B	$1.89B	$1.15B	—	—	$26.24M	$5.79M	$48.87M	$14.92M	$16.07M	$23.69M	$12.95M	$10.69M	$3.83M	$11.25M	$12.81M	$17.89M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Jun 30, 2021 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Sales/Revenue/Turnover (USD)	$647.43M	$376.66M	$280.68M	$259.17M	$213.24M	$12.08M	$6.84M	$7.85M	$269.66K	—	$101.39K	$166.96K	$56.07K	$41.56K	$219.42K	$370.23K	$290.87K	—
Depreciation Expense (USD)	$342.80M	$206.20M	$246.50M	$105.90M	—	—	$100.00K	$5.27M	$890.89K	$93.31K	$253.82K	$288.75K	$326.53K	$430.23K	$490.51K	$492.16K	$388.20K	—
Net Income, GAAP (USD)	$-663.18M	$109.40M	$-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	—
Operating Cash Flow (USD)	$-572.93M	$-255.05M	$33.09M	$530.00K	$-86.08M	$-2.85M	$-15.41M	$-19.05M	$-4.44M	$-5.52M	—	—	$-9.73M	$-5.49M	$-8.33M	$-10.71M	$-11.36M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 4 days ago 18 years · 68 quarters

Riot Platforms, Inc.

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