The financials
Riot Platforms, Inc. by the numbers
Riot Platforms, Inc. (RIOT) reported revenue of $167M in Q1 2026 (quarter ended March 31, 2026), up 3.6% from the same quarter a year earlier. That came with net loss of $500M. For the full year FY2025, revenue was $647M (+72% year on year) and net income −$663M. Its largest product in 2026-Q1 was Mining at $112M, 67% of the disclosed total, just ahead of Data Centers Operations at 20%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $167M | $161M | +3.6% |
| Operating income | −$500M | −$234M | n/a |
| Net income | −$500M | −$296M | n/a |
| Diluted EPS | −$1.44 | −$0.90 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Mining | $112M | 67% |
| Data Centers Operations | $33M | 20% |
| Engineering | $22M | 13% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $167.2M (-7.2%)
Engineering grew +59% year on yearMining -22% year on year
Segment Latestquarter on quarteryear on year
- Mining$111.9M$111.9MQoQ -30%year on year -22%-30%-22%
- Data Centers Operations$33.1M$33.1MQoQ -year on year ---
- Engineering$22.2M$22.2MQoQ +16%year on year +59%+16%+59%
- Other--QoQ -year on year ---
Capital Markets
Ranks #16 of 40 by Smart Score