Riot Platforms (RIOT) Financials: Revenue & Earnings
RIOT$13.38-0.18 -1.33%
$5.02B
Market Cap
-3.50
P/E
8.71
Forward P/E
59
Score
Riot Platforms (RIOT) Financials: Revenue & Earnings
RIOT price $13.38 -0.18 -1.33%
- Ticker
- RIOT
- Price
- $13.38
- Change
- -0.18 -1.33%
- Market cap ?
- $5.02B
- P/E ?
- -3.50
- Forward P/E ?
- 8.71
- Dividend yield ?
- 0.00%
- Beta ?
- 3.76
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- Stocklytics score
- 59
- Value
- 59
- Quality
- 22
- Growth
- 96
Stocklytics score rationale: value 59, quality 22, growth 96.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 106115 | 269657 | 7845000 | 6837000 | 12081000 | 213243000 | 259171000 | 280678000 | 376658000 | 647435000 |
Riot Platforms, Inc., along with its associated companies, primarily operates as a Bitcoin mining enterprise within the United States. The firm's activities are divided into two main areas: Bitcoin Mining and Engineering. It develops and manages essential infrastructure for large-scale Bitcoin mining operations at sites in Rockdale and Navarro counties, Texas, as well as two facilities in Paducah, Kentucky. Beyond…
Fair value
RIOT fair value $10.30. Price $13.38. Price is 30% above fair value.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 75.51M. Growth 4.90%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 2.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 375.26M. Net debt 633.24M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-04 | — | -0.34 | — | 160.39M |
| 2026-08-10 | -0.68 | -0.30 | 174.24M | 154.31M |
| 2026-04-30 | -1.44 | -0.33 | 167.22M | 130.51M |
| 2026-03-02 | -2.03 | -0.22 | 152.83M | 159.93M |
| 2025-10-30 | 0.26 | -0.19 | 180.23M | 159.55M |
| 2025-07-31 | 0.57 | -0.19 | 152.99M | 168.10M |
| 2025-05-01 | -0.90 | -0.25 | 161.39M | 160.72M |
| 2025-02-24 | 0.44 | -0.27 | 142.56M | 139.11M |
| 2024-10-30 | -0.54 | -0.16 | 84.79M | 128.74M |
| 2024-07-31 | -0.32 | -0.16 | 70.02M | 95.38M |
| 2024-05-01 | 0.81 | -0.14 | 79.30M | 95.01M |
| 2024-02-22 | 0.48 | -0.29 | 78.81M | 84.33M |
| 2023-11-08 | -0.25 | -0.29 | 51.89M | 82.40M |
| 2023-08-09 | -0.17 | -0.24 | 76.74M | 85.33M |
| 2023-05-10 | 0.04 | -0.17 | 73.24M | 76.04M |
| 2023-03-02 | -0.07 | -0.14 | 60.15M | 55.50M |
| 2022-11-07 | -0.24 | -0.02 | 46.29M | 56.27M |
| 2022-08-15 | -0.50 | 0.08 | 72.95M | 75.53M |
| 2022-05-10 | 0.30 | 0.15 | 79.80M | 83.75M |
| 2022-03-16 | -0.26 | 0.12 | 90.89M | 89.39M |
| 2021-11-15 | 0.26 | 0.41 | 64.81M | 97.23M |
| 2021-08-23 | 0.13 | 0.05 | 34.35M | 65.35M |
| 2021-05-17 | 0.09 | 0.20 | 23.20M | 3.60M |
| 2021-03-31 | 0.16 | -0.08 | 5.29M | — |
| 2020-11-09 | -0.04 | -0.08 | 2.46M | 3.32M |
| 2020-08-10 | -0.31 | -0.17 | 1.94M | 1.91M |
| 2020-05-11 | -0.12 | -0.19 | 2.39M | 3.02M |
| 2020-03-25 | -0.10 | -0.11 | 1.20M | — |
| 2019-11-12 | -0.08 | -0.11 | 1.74M | 3.19M |
| 2019-08-08 | -0.04 | -0.19 | 2.47M | 5.86M |
| 2019-05-10 | -0.21 | -0.27 | 1.43M | 349.96K |
| 2019-04-02 | -0.77 | -0.40 | 1.69M | 1.34M |
| 2018-11-19 | -0.46 | -0.61 | 2.37M | 3.44M |
| 2018-08-14 | -0.60 | -0.06 | 2.79M | 95.14K |
| 2018-05-17 | -0.23 | -0.14 | 925.55K | 96.44K |
| 2018-04-17 | -0.99 | — | 197.13K | — |
| 2017-11-13 | -0.99 | — | 24.18K | — |
| 2017-08-12 | -0.26 | — | 24.17K | — |
| 2017-05-15 | -0.95 | — | 24.18K | — |
| 2017-03-31 | -0.51 | — | 31.67K | — |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency Special.
Safety score 43/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. Dividend history is short. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2017-10-12 | $1.00 | 2017-10-13 | 2017-10-18 | Special |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-08-12 | Howell Stephen Mitchell Jr. | Sell | 21.20K | — | — |
| 2026-08-05 | Werner Ryan D. | Sell | 35.43K | $21.98 | 778.75K |
| 2026-08-05 | Werner Ryan D. | Sell | 9.80K | $22.82 | 223.68K |
| 2026-08-05 | Werner Ryan D. | Sell | 2.50K | $23.53 | 58.85K |
| 2026-07-31 | Werner Ryan D. | Sell | 148.50K | $20.17 | 3.00M |
| 2026-07-31 | Howell Stephen Mitchell Jr. | Sell | 153.16K | $20.17 | 3.09M |
| 2026-07-31 | Les Jason | Sell | 2.90M | $20.17 | 58.43M |
| 2026-07-07 | Werner Ryan D. | Sell | 10.23K | $21.22 | 217.12K |
| 2026-07-07 | Werner Ryan D. | Sell | 7.60K | $21.93 | 166.58K |
| 2026-07-01 | Leverton Jaime | Buy | 8.35K | — | — |
| 2026-07-01 | Mouton Douglas | Buy | 8.35K | — | — |
| 2026-07-01 | D'Ambrosio Lance Varro | Buy | 8.35K | — | — |
| 2026-07-01 | Turner Michael John | Buy | 8.35K | — | — |
| 2026-07-01 | Yee Colin M. | Sell | 41.07K | — | — |
| 2026-07-01 | Yee Colin M. | Sell | 83.75K | — | — |
| 2026-07-01 | Yee Colin M. | Buy | 124.82K | — | — |
| 2026-07-01 | Werner Ryan D. | Sell | 13.87K | $23.96 | 332.30K |
| 2026-07-01 | Les Jason | Sell | 101.02K | $23.96 | 2.42M |
| 2026-07-01 | Howell Stephen Mitchell Jr. | Sell | 21.97K | $23.96 | 526.31K |
| 2026-06-22 | Les Jason | Sell | 62.70K | $30.09 | 1.89M |
| 2026-06-22 | Werner Ryan D. | Sell | 25.38K | $30.00 | 761.25K |
| 2026-05-27 | Werner Ryan D. | Sell | 37.62K | $26.50 | 996.82K |
| 2026-05-11 | Les Jason | Sell | 175.00K | $25.19 | 4.41M |
| 2026-04-12 | Gibbs Jonathan | Sell | 1.15M | — | — |
| 2026-01-01 | Yee Colin M. | Buy | 157.85K | — | — |
| 2026-01-01 | Gibbs Jonathan | Buy | 473.56K | — | — |
| 2026-01-01 | Gibbs Jonathan | Buy | 236.78K | — | — |
| 2026-01-01 | Chung Jason | Buy | 473.56K | — | — |
| 2026-01-01 | Chung Jason | Buy | 236.78K | — | — |
| 2026-01-01 | Jackman William Richard | Buy | 394.63K | — | — |
| 2026-01-01 | Jackman William Richard | Buy | 197.32K | — | — |
| 2026-01-01 | Yi Soo il Benjamin | Buy | 947.12K | — | — |
| 2026-01-01 | Yi Soo il Benjamin | Buy | 473.56K | — | — |
| 2026-01-01 | Howell Stephen Mitchell Jr. | Buy | 394.63K | — | — |
| 2026-01-01 | Howell Stephen Mitchell Jr. | Buy | 197.32K | — | — |
| 2026-01-01 | Howell Stephen Mitchell Jr. | Sell | 29.48K | $12.67 | 373.54K |
| 2026-01-01 | Werner Ryan D. | Buy | 118.39K | — | — |
| 2026-01-01 | Werner Ryan D. | Buy | 59.19K | — | — |
| 2026-01-01 | Werner Ryan D. | Sell | 9.94K | $12.67 | 125.98K |
| 2026-01-01 | Les Jason | Buy | 947.12K | — | — |
| 2026-01-01 | Les Jason | Buy | 473.56K | — | — |
| 2025-12-31 | Les Jason | Other | 0 | — | — |
| 2025-12-31 | Les Jason | Other | 0 | — | — |
| 2025-12-01 | Gibbs Jonathan | Sell | 60.87K | $15.48 | 942.24K |
| 2025-10-10 | Werner Ryan D. | Sell | 14.98K | $23.00 | 344.63K |
| 2025-10-03 | Les Jason | Sell | 113.95K | $20.04 | 2.28M |
| 2025-09-29 | Les Jason | Sell | 12.80K | $20.00 | 256.00K |
| 2025-09-24 | Les Jason | Sell | 23.25K | $20.04 | 465.97K |
| 2025-09-10 | Jackman William Richard | Sell | 248.17K | $15.78 | 3.92M |
| 2025-07-21 | Les Jason | Sell | 100.00K | $15.12 | 1.51M |
| 2025-07-11 | Turner Michael John | Buy | 16.10K | — | — |
| 2025-07-11 | D'Ambrosio Lance Varro | Buy | 16.10K | — | — |
| 2025-07-11 | Leverton Jaime | Buy | 16.10K | — | — |
| 2025-07-11 | Mouton Douglas | Buy | 16.10K | — | — |
| 2025-07-07 | Werner Ryan D. | Sell | 3.75K | $11.88 | 44.51K |
| 2025-07-01 | Les Jason | Other | 0 | — | — |
| 2025-07-01 | Werner Ryan D. | Buy | 133.10K | — | — |
| 2025-07-01 | Werner Ryan D. | Buy | 66.55K | — | — |
| 2025-07-01 | Werner Ryan D. | Sell | 12.96K | $11.27 | 146.12K |
| 2025-07-01 | Howell Stephen Mitchell Jr. | Buy | 443.66K | — | — |
| 2025-07-01 | Howell Stephen Mitchell Jr. | Buy | 221.83K | — | — |
| 2025-07-01 | Howell Stephen Mitchell Jr. | Sell | 20.34K | $11.27 | 229.29K |
| 2025-07-01 | Les Jason | Sell | 101.61K | $11.27 | 1.15M |
| 2025-07-01 | Yee Colin M. | Sell | 41.07K | — | — |
| 2025-07-01 | Yee Colin M. | Sell | 83.75K | — | — |
| 2025-07-01 | Yee Colin M. | Buy | 124.82K | — | — |
| 2025-06-30 | Leverton Jaime | Buy | 12.00K | — | — |
| 2025-06-30 | Leverton Jaime | Sell | 12.00K | — | — |
| 2025-06-10 | Gibbs Jonathan | Buy | 583.43K | — | — |
| 2025-06-01 | Gibbs Jonathan | Other | 0 | — | — |
| 2025-03-17 | Mouton Douglas | Buy | 8.38K | $7.74 | 64.89K |
| 2025-03-14 | Cho Hannah | Sell | 12.00K | $7.70 | 92.40K |
| 2025-03-03 | Marleau Hubert | Sell | 61.00K | $9.58 | 584.38K |
| 2025-02-21 | Mouton Douglas | Buy | 12.00K | — | — |
| 2025-02-21 | Turner Michael John | Buy | 12.00K | — | — |
| 2025-02-21 | Leverton Jaime | Buy | 12.00K | — | — |
| 2025-02-12 | Mouton Douglas | Other | 0 | — | — |
| 2025-02-12 | Leverton Jaime | Other | 0 | — | — |
| 2025-02-12 | Turner Michael John | Other | 0 | — | — |
| 2024-12-10 | Les Jason | Sell | 50.00K | $11.34 | 567.00K |
| 2024-11-18 | Cho Hannah | Sell | 9.14K | $12.57 | 114.93K |
| 2024-11-18 | Cho Hannah | Sell | 882 | $12.58 | 11.10K |
| 2024-09-16 | D'Ambrosio Lance Varro | Sell | 25.00K | $7.00 | 175.03K |
| 2024-08-14 | Marleau Hubert | Sell | 17.86K | $7.70 | 137.53K |
| 2024-08-07 | Cho Hannah | Sell | 27.86K | $8.61 | 239.88K |
| 2024-07-01 | Howell Stephen Mitchell Jr. | Buy | 251.26K | — | — |
| 2024-07-01 | Howell Stephen Mitchell Jr. | Buy | 125.63K | — | — |
| 2024-07-01 | Howell Stephen Mitchell Jr. | Sell | 3.19K | $9.95 | 31.72K |
| 2024-07-01 | Yi Soo il Benjamin | Buy | 753.77K | — | — |
| 2024-07-01 | Yi Soo il Benjamin | Buy | 376.88K | — | — |
| 2024-07-01 | Yee Colin M. | Buy | 502.51K | — | — |
| 2024-07-01 | Yee Colin M. | Buy | 251.26K | — | — |
| 2024-07-01 | Yee Colin M. | Sell | 41.07K | — | — |
| 2024-07-01 | Yee Colin M. | Buy | 41.07K | — | — |
| 2024-07-01 | Werner Ryan D. | Buy | 150.75K | — | — |
| 2024-07-01 | Werner Ryan D. | Buy | 75.38K | — | — |
| 2024-07-01 | Werner Ryan D. | Sell | 2.82K | $9.95 | 28.09K |
| 2024-07-01 | Chung Jason | Buy | 502.51K | — | — |
| 2024-07-01 | Chung Jason | Buy | 251.26K | — | — |
| 2024-07-01 | Jackman William Richard | Buy | 502.51K | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 514, holders +48 vs prior quarter. Ownership 92.15%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 31.98M | 2.33M | +7.86% | 875.74M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 21.73M | 39.47K | +0.18% | 594.83M |
| FMR LLC | 19.65M | 4.63M | +30.84% | 537.89M |
| SITUATIONAL AWARENESS LP | 17.10M | 5.60M | +48.67% | 468.20M |
| JANE STREET GROUP, LLC | 16.83M | 11.38M | +209.01% | 460.70M |
| VANGUARD CAPITAL MANAGEMENT LLC | 15.15M | 281.06K | +1.89% | 414.70M |
| GEODE CAPITAL MANAGEMENT, LLC | 9.28M | 310.99K | +3.47% | 287.79M |
| STARBOARD VALUE LP | 10.11M | 9.32M | +1176.29% | 276.94M |
| STATE STREET CORP | 9.44M | 248.75K | +2.71% | 258.43M |
| DIMENSIONAL FUND ADVISORS LP | 6.99M | -28.71K | -0.41% | 191.34M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 6.58M | 5.79M | +739.76% | 180.11M |
| TOMS CAPITAL INVESTMENT MANAGEMENT LP | 5.88M | 5.88M | New | 160.86M |
| T. ROWE PRICE INVESTMENT MANAGEMENT, INC. | 5.62M | 1.78M | +46.48% | 153.89M |
| D. E. SHAW & CO., INC. | 5.46M | 0 | 0.00% | 149.36M |
| BANK OF AMERICA CORP /DE/ | 5.22M | 1.19M | +29.37% | 142.98M |
| MIZUHO MARKETS AMERICAS LLC | 5.14M | 81.23K | +1.61% | 140.76M |
| NOMURA HOLDINGS INC | 4.92M | -4.99M | -50.36% | 134.64M |
| SG AMERICAS SECURITIES, LLC | 4.75M | 4.34M | +1067.71% | 130.00M |
| AMERICAN CENTURY COMPANIES INC | 4.58M | 2.44M | +113.37% | 125.50M |
| JANE STREET GROUP, LLC | 4.53M | -917.40K | -16.85% | 123.97M |
| TOMS CAPITAL INVESTMENT MANAGEMENT LP | 4.50M | 4.50M | New | 123.21M |
| CITADEL ADVISORS LLC | 4.33M | 1.42M | +48.85% | 118.55M |
| GOLDMAN SACHS GROUP INC | 4.24M | 430.64K | +11.31% | 116.08M |
| INVESCO LTD. | 3.96M | 1.25M | +46.23% | 108.40M |
| JANE STREET GROUP, LLC | 3.85M | -1.59M | -29.26% | 105.47M |
Earnings and financials
Riot Platforms, Inc. (RIOT) trades at $13.38, with a market cap of $5.02B and a trailing P/E of -3.50. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 106115 | 269657 | 7845000 | 6837000 | 12081000 | 213243000 | 259171000 | 280678000 | 376658000 | 647435000 |
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