We are a vertically integrated digital infrastructure company principally engaged in developing and optimizing our large-scale power assets. Our business centers on enhancing our electrical infrastructure and deploying it across two complementary platforms: (i) Bitcoin Mining and (ii) scalable data center solutions designed to support non-mining workloads. By leveraging our energy portfolio, engineering capabilities, and operational footprint, we aim to capitalize on both the long-term potential of bitcoin and the accelerating demand for power-intensive compute. We operate in two reportable business segments: Bitcoin Mining and Engineering. Each of our business segments is further discussed herein. We own and manage multiple large-scale data center facilities in Texas and Kentucky that currently provide mission-critical power and infrastructure for our Bitcoin Mining operations and, over time, are expected to support diversified data center tenants.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 647M | 647M | 377M | 281M | 259M | 213M |
| Net Income | -663M | -663M | 109M | -49M | -510M | -15M |
| EPS | $-1.95 | $-1.95 | $0.34 | $-0.28 | $-3.65 | $-0.17 |
| Free Cash Flow | -778M | -778M | -495M | -161M | -148M | -233M |
| ROIC | -13.2% | -18.5% | 2.9% | -2.6% | -44.3% | -1.1% |
| Gross Margin | - | - | - | - | - | - |
| Debt/Equity | 0.38 | 0.38 | 0.19 | 0.00 | 0.15 | 0.13 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -622M | -622M | 154M | -63M | -513M | -30M |
| Operating Margin | -96.1% | -96.1% | 40.8% | -22.5% | -197.8% | -14.0% |
| ROE | -23.2% | -22.1% | 3.5% | -2.6% | -44.3% | -1.1% |
| Shares Outstanding | 340M | 340M | 322M | 177M | 140M | 91M |
Riot Platforms, Inc. passes 0 of 9 quality checks, indicating weak fundamentals.
At current prices, the estimated annualized return to fair value is +4.6%.
Riot Platforms, Inc. (RIOT) has a 5-year average return on invested capital (ROIC) of -12.7%. This is below average and may indicate limited pricing power.
Riot Platforms, Inc. (RIOT) has a market capitalization of $6.2B. It is classified as a mid-cap stock.
Riot Platforms, Inc. (RIOT) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 0.07%.
Riot Platforms, Inc. (RIOT) operates in the Finance Services industry, within the Financials sector.
Riot Platforms, Inc. (RIOT) reported annual revenue of $647 million in its most recent fiscal year, based on SEC EDGAR filings.
Riot Platforms, Inc. (RIOT) has a net profit margin of -102.4%. The company is currently unprofitable.
Riot Platforms, Inc. (RIOT) generated $-778 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Riot Platforms, Inc. (RIOT) has a debt-to-equity ratio of 0.38. This indicates a conservatively financed balance sheet.
Riot Platforms, Inc. (RIOT) reported earnings per share (EPS) of $-1.95 in its most recent fiscal year.
Riot Platforms, Inc. (RIOT) has a return on equity (ROE) of -22.1%. A negative ROE may indicate losses or negative equity.
The Ledger Terminal provides 17 years of financial data for Riot Platforms, Inc. (RIOT), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Riot Platforms, Inc. (RIOT) has a book value per share of $8.40, based on its most recent annual SEC filing.