# Riot Platforms, Inc.: overview

RIOT · Nasdaq · CIK 1167419 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/riot.md) · [Financials](/companies/riot/financials.md) · [Filings](/companies/riot/filings.md) · [Insiders](/companies/riot/insiders.md)

Latest reported revenue: [$174.2m](/filings/0001104659-26-093448.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 10, 2026 (XBRL us-gaap:Revenues, accession 0001104659-26-093448).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [84.8](/filings/0001104659-25-104466.md) | [143 d](/filings/0001104659-26-022322.md) | [161](/filings/0001104659-26-053120.md) | [153](/filings/0001104659-26-093448.md) | [180](/filings/0001104659-25-104466.md) | [153 d](/filings/0001104659-26-022322.md) | [167](/filings/0001104659-26-053120.md) | [174](/filings/0001104659-26-093448.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(143.3%)](/filings/0001104659-25-104466.md) | [132.0% d](/filings/0001104659-26-022322.md) | [(144.9%)](/filings/0001104659-26-053120.md) | [141.3%](/filings/0001104659-26-093448.md) | [44.4%](/filings/0001104659-25-104466.md) | [(447.9%) d](/filings/0001104659-26-022322.md) | [(298.9%)](/filings/0001104659-26-053120.md) | [(137.4%)](/filings/0001104659-26-093448.md) |
| Net margin | % | [(182.1%)](/filings/0001104659-25-104466.md) | [95.7% d](/filings/0001104659-26-022322.md) | [(183.6%)](/filings/0001104659-26-053120.md) | [143.4%](/filings/0001104659-26-093448.md) | [58.0%](/filings/0001104659-25-104466.md) | [(452.0%) d](/filings/0001104659-26-022322.md) | [(299.3%)](/filings/0001104659-26-053120.md) | [(136.1%)](/filings/0001104659-26-093448.md) |
| Diluted EPS | $ per share | [(0.54)](/filings/0001104659-25-104466.md) | not reported | [(0.90)](/filings/0001104659-26-053120.md) | [0.58](/filings/0001104659-26-093448.md) | [0.26](/filings/0001104659-25-104466.md) | not reported | [(1.44)](/filings/0001104659-26-053120.md) | [(0.68)](/filings/0001104659-26-093448.md) |
| Free cash flow | $m | [(128) d](/filings/0001104659-25-104466.md) | [(157) d](/filings/0001104659-26-022322.md) | [(155)](/filings/0001104659-26-053120.md) | [(292) d](/filings/0001104659-26-093448.md) | [(140) d](/filings/0001104659-25-104466.md) | [(188) d](/filings/0001104659-26-022322.md) | [(298)](/filings/0001104659-26-053120.md) | [(151) d](/filings/0001104659-26-093448.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [213](/filings/0001558370-24-001550.md) | [259](/filings/0001558370-25-001888.md) | [281](/filings/0001104659-26-022322.md) | [377](/filings/0001104659-26-022322.md) | [647](/filings/0001104659-26-022322.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(14.0%)](/filings/0001558370-24-001550.md) | [(197.8%)](/filings/0001558370-25-001888.md) | [(22.5%)](/filings/0001104659-26-022322.md) | [40.8%](/filings/0001104659-26-022322.md) | [(96.1%)](/filings/0001104659-26-022322.md) |
| Net margin | % | [(7.2%)](/filings/0001558370-24-001550.md) | [(196.6%)](/filings/0001558370-25-001888.md) | [(17.6%)](/filings/0001104659-26-022322.md) | [29.0%](/filings/0001104659-26-022322.md) | [(102.4%)](/filings/0001104659-26-022322.md) |
| Diluted EPS | $ per share | [(0.17)](/filings/0001558370-24-001550.md) | [(3.65)](/filings/0001558370-25-001888.md) | [(0.28)](/filings/0001104659-26-022322.md) | [0.34](/filings/0001104659-26-022322.md) | [(1.95)](/filings/0001104659-26-022322.md) |
| Free cash flow | $m | [(233)](/filings/0001558370-24-001550.md) | [(148)](/filings/0001558370-25-001888.md) | [(161)](/filings/0001104659-26-022322.md) | [(495)](/filings/0001104659-26-022322.md) | [(774)](/filings/0001104659-26-022322.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/riot/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $875.7m | 31,984,547 |  | Added +2,331,842 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $594.8m | 21,725,129 |  | Added +39,470 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $537.9m | 19,645,295 |  | Added +4,630,670 |
| [Situational Awareness LP](/funds/2045724.md) | 2026-06-30 | $468.2m | 17,100,000 |  | Added +5,597,863 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $460.7m | 16,826,113 |  | Added +9,440,160 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $414.7m | 15,146,138 |  | Added +281,057 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $287.8m | 9,275,453 |  | Added +310,985 |
| [Starboard Value LP](/funds/1517137.md) | 2026-06-30 | $276.9m | 10,114,576 |  | Reduced −5,430,000 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $258.4m | 9,438,485 |  | Added +248,755 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $191.3m | 6,987,744 |  | Reduced −28,707 |

## Recent filings

[All 1,240 filings](/companies/riot/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-14 | 20:30 ET | [8-K](/filings/0001104659-26-115855.md) | 1.01 Entry into a material agreement | 0001104659-26-115855 |
| 2026-10-07 | 20:30 ET | [8-K](/filings/0001104659-26-114374.md) | 5.05 Item not in the standard list; 9.01 Financial statements and exhibits | 0001104659-26-114374 |
| 2026-09-25 | 20:30 ET | [8-K](/filings/0001104659-26-111003.md) | 1.02 Termination of a material agreement | 0001104659-26-111003 |
| 2026-08-14 | 21:00 ET | [8-K](/filings/0001104659-26-097330.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation | 0001104659-26-097330 |
| 2026-08-10 | 21:01 ET | [10-Q](/filings/0001104659-26-093448.md) | Quarterly report, period 2026-06-30 | 0001104659-26-093448 |
| 2026-08-10 | 20:22 ET | [8-K](/filings/0001104659-26-093406.md) | 2.02 Results of operations; 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-093406 |
| 2026-06-15 | 20:31 ET | [8-K](/filings/0001104659-26-074070.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001104659-26-074070 |
| 2026-04-30 | 21:00 ET | [10-Q](/filings/0001104659-26-053120.md) | Quarterly report, period 2026-03-31 | 0001104659-26-053120 |
| 2026-04-30 | 20:55 ET | [DEF 14A](/filings/0001104659-26-053098.md) | Proxy statement, period 2026-06-09 | 0001104659-26-053098 |
| 2026-04-30 | 20:15 ET | [8-K](/filings/0001104659-26-052943.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-052943 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-022322.md), filed Mar 2, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/94a328c4-c5b6-4c84-a963-28629dc0b1a6)

## About the filer

- CIK: 1167419
- Tickers: RIOT
- Exchange: Nasdaq
- SIC code: 6199 Finance Services
- State of incorporation: NV
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:35 ET. No prices; not investment advice.