Riot Platforms, Inc. (RIOT)

Official site

FINANCIAL SERVICES • CAPITAL MARKETS • NASDAQ

$16.71

+1.95 (+13.21%)

Market Cap: $5.45B

Last updated: Nov 06, 2026 at 4:44 PM ET

Earnings

Performance (10Y)

Beat Rate

49%(17/35)

Avg Surprise

-163.99%

Streak

1 Q

Upcoming Estimates

Period ending Dec 31, 2026

EPS Consensus$-0.80

Range$-1.54 - $-0.35

4 analysts

Revenue Consensus

$229M

Range$135M - $296M

21 analysts

Last 12 of 40 reported quarters and 1 upcoming estimate

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$-0.80	$-1.54 - $-0.35	-	-	4	-	-
Sep 30, 2026Sep 26 Reported Nov 4, 2026Reported Nov 4	$0.01	N/A	-	+102.94%	Beat	3	0 1 30d	-94.7%
Jun 30, 2026Jun 26 Reported Aug 5, 2026Reported Aug 5	$-0.68	$-0.39	$-0.40 - $-0.30	-74.36%	Miss	3	0 2 30d	-168.7%
Mar 31, 2026Mar 26 Reported Apr 30, 2026Reported Apr 30	$-0.35	$-0.28	$-0.32 - $-0.24	-25.00%	Miss	2	1 0 30d	+61.1%
Dec 31, 2025Dec 25 Reported Mar 2, 2026Reported Mar 2	$-1.88	$-0.13	$-0.13 - $-0.13	-1382.22%	Miss	1	No revisions (30d)	-528.2%
Sep 30, 2025Sep 25 Reported Oct 30, 2025Reported Oct 30	$0.19	$-0.09	$-0.09 - $-0.09	+311.11%	Beat	1	1 0 30d	+195.0%
Jun 30, 2025Jun 25 Reported Jul 31, 2025Reported Jul 31	$0.99	$-0.19	$-0.19 - $-0.19	+621.05%	Beat	1	No revisions (30d)	+335.7%
Mar 31, 2025Mar 25 Reported May 1, 2025Reported May 1	$-0.90	$-0.21	$-0.21 - $-0.21	-328.57%	Miss	0	No revisions (30d)	-225.0%
Dec 31, 2024Dec 24 Reported Feb 24, 2025Reported Feb 24	$0.44	$-0.08	$-0.08 - $-0.08	+650.00%	Beat	0	No revisions (30d)	-2.2%
Sep 30, 2024Sep 24 Reported Oct 30, 2024Reported Oct 30	$-0.20	$0.02	$-0.28 - $0.03	-1100.00%	Miss	10	2 1 30d	+16.7%
Jun 30, 2024Jun 24 Reported Jul 31, 2024Reported Jul 31	$-0.42	$0.02	$-0.44 - $0.22	-2200.00%	Miss	9	3 0 30d	-75.0%
Mar 31, 2024Mar 24 Reported May 1, 2024Reported May 1	$0.72	$-0.21	$-0.31 - $0.30	+442.86%	Beat	9	2 0 30d	+348.3%
Dec 31, 2023Dec 23 Reported Feb 22, 2024Reported Feb 22	$0.45	$-0.28	$-0.39 - $-0.21	+260.71%	Beat	10	2 0 30d	+232.4%

Dividends

Dividend Metrics

Forward Yield0.00%

Forward Annual Dividend$0.00

Payout Ratio0.00%

No dividend payments in the selected period.

Key Metrics

Valuation
P/E Ratio	-5.75	EV/EBITDA	N/A
Price/FCF	-6.63x	FCF Yield	-15.09%
Profitability
Profit Margin	-210.80%	Operating Margin	11.70%
ROE	-50.50%	ROIC	-49.78%
Financial Health
Debt/Equity	0.31x	Interest Coverage	N/A
Current Ratio	3.49x	Quick Ratio	3.49x
Trading Statistics
Beta	3.98	Avg Volume	25.22M
52-Week High	$30.32	52-Week Low	$11.50

Technical Indicators Dashboard

Moving Averages

SMA 10$13.98

SMA 20$14.22

SMA 50$18.17

SMA 200$19.33

EMA 10$14.54

EMA 20$15.01

EMA 50$17.16

EMA 200$18.66

MACD

Line: -0.97Signal: -1.51Hist: 0.53

ADX

ADX: 32.7+DI: 28.4-DI: 31.8

Aroon & PSAR

Aroon UpN/A

Aroon Down84.0

PSAR$11.81

Bollinger Bands

Upper Band$17.04

Lower Band$11.41

%B Position3953%(Upper)

Band Width0.94

RSI (14-Day)

Neutral

54.7

Momentum Oscillators

Stoch %K80.9

Stoch %D66.5

Williams %R-7.5

ROC (10d)33.4%

Momentum4.18

CCI (20d)133.1

MFI (14d)58.8

Volatility Measures

ATR (14d)$1.56(9.3%)

StdDev (20d)1.41

Hist Vol124.4%(High)

Volume Flow

VWAP$16.23

OBV1.3B

AD Line380.6M

CMF (20d)0.116

Volume Metrics

Avg Vol (20d)25.6M

Vol Ratio1.7x(High)

VWMA (20d)$14.50

Pivot Points

R3$18.22

R2$16.81

R1$15.78

Pivot Point$14.37

S1$13.35

S2$11.94

S3$10.91

Advanced Oscillators

TSI-18.28

Ultimate Osc61.6

KST-264.96

Financial Data

Quarter	Sep 2026	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023
Total Revenue	$181.43M	$174.24M	$167.22M	$152.83M	$180.23M	$152.99M	$161.39M	$142.56M	$84.79M	$70.02M	$79.30M	$78.81M
Cost of Revenue	$140.07M	$132.99M	$135.68M	$105.78M	$109.47M	$91.04M	$95.59M	$89.08M	$72.94M	$53.64M	$47.10M	$63.47M
Gross Profit	$41.35M	$41.24M	$31.54M	$47.06M	$70.76M	$61.95M	$65.80M	$53.48M	$11.85M	$16.38M	$32.19M	$15.34M

Operating Expenses	$40.13M	$280.67M	$531.41M	$731.54M	$-9,294,000	$-154,197,000	$299.67M	$-134,719,000	$133.36M	$133.42M	$-171,748,000	$-18,966,000
R&D	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
SG&A	$68.04M	$82.00M	$76.18M	$81.59M	$69.83M	$75.90M	$71.45M	$81.14M	$66.94M	$61.19M	$57.65M	$38.77M
Operating Income	$1.22M	$-239,432,000	$-499,869,000	$-684,489,000	$80.05M	$216.15M	$-233,874,000	$188.20M	$-121,513,000	$-117,041,000	$203.94M	$34.31M

Interest Income	$0	$0	$0	$0	$28.90M	$6.14M	$0	$0	$-38,082,000	$24.46M	$0	$0
Interest Expense	$0	$0	$317,000	$8.85M	$0	$0	$62.06M	$50.99M	$32.82M	$0	$0	$0
Income Before Tax	$4.11M	$-237,275,000	$-500,186,000	$-693,340,000	$106.17M	$219.77M	$-295,930,000	$137.21M	$-154,330,000	$-84,394,000	$211.66M	$39.36M
Income Tax Expense	$73,000	$-105,000	$291,000	$-2,592,000	$1.69M	$320,000	$437,000	$0	$0	$0	$-22,000	$-79,000

Net Income	$4.03M	$-237,170,000	$-500,477,000	$-690,748,000	$104.48M	$219.45M	$-296,367,000	$136.44M	$-154,362,000	$-84,449,000	$211.78M	$39.44M

EBITDA	$128.78M	$-138,627,000	$-401,085,000	$-554,483,000	$161.19M	$297.95M	$-217,276,000	$275.69M	$-56,273,000	$-71,554,000	$243.97M	$101.62M
EBIT	$4.11M	$-237,275,000	$-500,186,000	$-658,294,000	$77.26M	$213.63M	$-295,930,000	$193.08M	$-116,248,000	$-108,856,000	$211.66M	$39.36M

* Some calculated fields are derived from available data when not provided by source

Related GNG Research

No research available

Be the first to write about RIOT

News

Riot Platforms, Inc. 2026 Q3 - Results - Earnings Call Presentation (NASDAQ:RIOT) 2026-11-05

Riot Platforms, Inc. has published its slide deck for the 2026 Q3 earnings call, reporting an EPS of $0.13, beating estimates by $0.43, and revenue of $181.43 million...

Seeking Alpha•Nov 5, 2026 11:06 AM ET11/5/26•Bullish

Riot Platforms Reports Third-Quarter Results and Data Center Expansion

Riot Platforms reported its third-quarter 2026 results, with revenue of $181.4 million, including $18.4 million from data centers...

The Globe and Mail•Nov 5, 2026 8:10 AM ET11/5/26•Neutral

Riot Platforms Stock Jumps 14% on $28 Billion AI Lease at Texas Site

Riot Platforms shares surged 14% after securing a $28 billion, 15-year lease for its Corsicana, Texas campus with leading AI lab...

BigGo Finance•Nov 5, 2026 12:41 AM ET11/5/26•Bullish

Riot Platforms Inc (RIOT) (Q3 2026) Earnings Call Highlights: $38 Billion in AI Data Center ...

Riot Platforms Inc. reported its Q3 2026 earnings, highlighting total revenue of $181 million, a 1% year-over-year increase driven by growth in data center and engineering revenue despite lower Bitcoin mining revenue....

Yahoo Finance Singapore•Nov 4, 2026 8:12 PM ET11/4/26•Somewhat-Bullish

Riot Stock Surges on Surprising Q3 Results

Riot Platforms (NASDAQ: RIOT) shares surged after the company reported third-quarter results that exceeded analyst expectations for both earnings and revenue. The company posted earnings of 1 cent per share against...

Benzinga•Nov 4, 2026 10:12 AM ET11/4/26•Bullish

RIOT Valuation and Fair Value

P/E: -5.8x
Forward P/E: 20.9x
P/FCF: -6.6x
P/B: 2.8x

See GNG's fair value

RIOT Profitability: Margins, ROIC and FCF

Gross margin: 23.9%
Operating margin: 11.7%
Net margin: -210.8%
ROIC: -49.8%
ROE: -50.5%
FCF margin: -133.3%
FCF yield: -15.1%

RIOT Competitors

Company	Ticker
White Mountains Insurance Group Ltd	WTM
Marex Group plc Ordinary Shares	MRX
Atlantic Union Bankshares Corp	AUB
Unum Group 6.250% JR NT58	UNMA
Hut 8 Corp. Common Stock	HUT
Blue Owl Capital Corporation	OBDC
Stepstone Group Inc	STEP
Main Street Capital Corporation	MAIN

Sector: Financial Services

RIOT Analyst Ratings

Consensus: Buy
Analysts: 22
Strong Buy: 7
Buy: 14
Hold: 1
Sell: 0
Strong Sell: 0

RIOT Bull Case vs Bear Case

Bull case

95.5% of RIOT's analyst ratings are Buy or Strong Buy.

Bear case

RIOT has a -210.8% net profit margin.

RIOT Earnings: Beat Rate and Next Report

Beat rate: 4 of 8 quarters (50.0%)
Average surprise: -15.6%
EPS estimate (fiscal period ending Dec 31, 2026): $-0.80

RIOT Dividend

Forward yield: 0.0%
Payout ratio: 0.0%

RIOT Earnings Date

RIOT reports Mar 1, 2027, after the close. The date is confirmed.

RIOT Earnings Call

The latest RIOT earnings call transcript on file is labeled 2026Q2.

Read the 2026Q2 transcript

RIOT ETF Holders

GNG tracks 19 ETFs that hold RIOT. The largest weights:

Nicholas Crypto Income ETF (BLOX), 4.47% of the fund
Schwab Crypto Thematic ETF (STCE), 3.94% of the fund
Invesco Alerian Galaxy Crypto Economy ETF (SATO), 1.67% of the fund
Fundstrat Granny Shots US Small & Mid-Cap ETF (GRNJ), 1.54% of the fund
State Street SPDR S&P Software & Services ETF (XSW), 0.43% of the fund

Open the ETF Stock Exposure tool for RIOT

See insider activity

Frequently Asked Questions About RIOT

When does RIOT report earnings?

Riot Platforms, Inc. (RIOT) is confirmed to report earnings on Mar 1, 2027.

Does RIOT pay dividends?

Riot Platforms, Inc. (RIOT) has a dividend payment track record. See the RIOT dividend history page for its current payment status, TTM yield, and recorded payments.

What is RIOT's market cap?

Riot Platforms, Inc. (RIOT) has a market capitalization of $5.45B with a current stock price of $16.71.

Get full access to GNG Research

Create a free account to access portfolio tracking, advanced tools, and more.

Create Free Account Log In