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Riot Platforms, Inc. (RIOT)

14.04 +0.48 (+3.54%)
As of 2:50:42 PM EDT. Market Open.
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What's happening with RIOT?

5m ago
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Riot Platforms is approaching its November 4 earnings reportamid expectations for another quarterly loss and lower revenue. Investor focus centers on whether its AI data-center strategy can attract financing and generate recurring income, while Bitcoin mining remains a volatile secondary business.

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  • Previous Close 13.56
  • Open 13.71
  • Bid 10.10 x 200
  • Ask 16.60 x 200
  • Day's Range 12.90 - 14.15
  • 52 Week Range 11.50 - 30.32
  • Volume 14,917,121
  • Avg. Volume 18,664,978
  • Market Cap (intraday) 5.269B
  • Beta (5Y Monthly) 3.76
  • PE Ratio (TTM) --
  • EPS (TTM) -3.89
  • Earnings Date Nov 4, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 29.84
  • Motley Fool Rating Bullish

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.

www.riotplatforms.com

816

Full Time Employees

December 31

Fiscal Year Ends

Capital Markets

Industry

Recent News

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Performance Overview

Trailing total returns as of 10/28/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

RIOT
10.81%
S&P 500 (^GSPC)
13.22%

1-Year Return

RIOT
34.86%
S&P 500 (^GSPC)
12.47%

3-Year Return

RIOT
47.17%
S&P 500 (^GSPC)
88.24%

5-Year Return

RIOT
49.02%
S&P 500 (^GSPC)
68.62%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 174.24M
Earnings -237.17M
Profit Margin -136.12%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

-600M
-400M
-200M
0
-400.0%
-300.0%
-200.0%
-100.0%
0.0%

Analyst Insights

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Analyst Price Targets

13.00
29.84 Average
14.04 Current
42.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/20/2026
Analyst Piper Sandler
Rating Action Maintains
Rating Overweight
Price Action Lowers
Price Target 25 -> 19

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -196.28%

  • Return on Assets (ttm)

    -21.20%

  • Return on Equity (ttm)

    -48.24%

  • Revenue (ttm)

    674.51M

  • Net Income Avi to Common (ttm)

    -1.32B

  • Diluted EPS (ttm)

    -3.89

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    471.38M

  • Total Debt/Equity (mrq)

    40.03%

  • Levered Free Cash Flow (ttm)

    -718.86M

Company Insights

Research Reports

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