Riot Platforms, Inc.
RIOT Nasdaq· Finance Services
Last close · Oct 27, 2026
$13.56
KIRA · Stoqly’s AI analyst, in plain words
- Riot Platforms, Inc. had $647M of revenue in fiscal 2025, up 71.9% on the year before. Over five years, revenue changed +121.7% a year on average.
- Its operating margin was −96.1%, down 136.9 pts: of every 100 in sales, about −96 is left after running the business.
- Riot Platforms, Inc. lost $663M in fiscal 2025.
- Free cash flow was −$774M in fiscal 2025, −119.6% of revenue.
- Riot Platforms, Inc. returned $4.3M to shareholders in fiscal 2025. The diluted share count rose 6.8%.
- Riot Platforms, Inc. owes $607M more than it holds in cash.
Market cap
$4.7B
P/E
—
Revenue
$647M
Net income
−$663M
Free cash flow
−$774M
Operating margin
−96.1%
Riot Platforms, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+71.9%
Yes. Sales grew 71.9% last year.
Does it make a profit?
−102.4%
No. It lost money last year.
Does profit turn into cash?
−119.6%
No. It spent more cash than it brought in.
How healthy are the accounts?
2 / 8
Weak. It passes 2 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Riot Platforms, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 2, 2026
- Legal name
- Riot Platforms, Inc.
- CIK
- 0001167419
Riot Platforms, Inc. · RIOT
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $213M | $259M | $281M | $377M | $647M |
| Revenue growth | 1,665.1% | 21.5% | 8.3% | 34.2% | 71.9% |
| Operating margin | −14.0% | −197.8% | −22.5% | 40.8% | −96.1% |
| Net income | −$15.4M | −$510M | −$49.5M | $109M | −$663M |
| Net margin | −7.2% | −196.6% | −17.6% | 29.0% | −102.4% |
| Diluted EPS | −$0.17 | −$3.65 | −$0.28 | $0.34 | −$1.95 |
| Cash | |||||
| Cash from operations | −$86.1M | $0.5M | $33.1M | −$255M | −$573M |
| Capital expenditure | $147M | $148M | $194M | $240M | $201M |
| Free cash flow | −$233M | −$148M | −$161M | −$495M | −$774M |
| FCF margin | −109.4% | −57.1% | −57.2% | −131.5% | −119.6% |
| Share buybacks | $5.1M | $10.1M | $14.0M | $11.6M | $4.3M |
| Share count change | 122.6% | 49.2% | 25.5% | 82.2% | 6.8% |
| Debt and strength | |||||
| Cash and short-term investments | $323M | $230M | $597M | $278M | $234M |
| Debt incl. finance leases | — | — | $0.8M | $585M | $841M |
| Deposits | $266M | $42.4M | — | — | — |
| Shareholders' equity | $1.3B | $1.2B | $1.9B | $3.1B | $2.9B |
| Net debt / EBITDA | — | — | −3.3x | 0.9x | — |
| Current ratio | 5.1x | 3.6x | 8.3x | 3.7x | 1.0x |
| Interest coverage | −100.9x | — | — | — | — |
| Returns and quality | |||||
| Return on capital | — | — | −3.9% | 4.4% | −14.2% |
| Return on equity | −1.9% | −40.8% | −3.3% | 4.3% | −22.1% |
| Return on tangible equity | −1.5% | −45.1% | −2.6% | 3.7% | −24.5% |
| Piotroski F-score | 2 | 3 | 4 | 2 | 2 |
| Altman Z'' | 9.5 | 4.3 | 13.5 | 4.6 | 0.6 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$9.5M
2 insiders
Of sales under plans
100%
$9.5M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Riot Platforms, Inc. · RIOT
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $13.56 a share, the company is worth $4.7B.
Source: SEC EDGAR XBRL filings (CIK 0001167419). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.