Riot Platforms, Inc.

Riot Platforms, Inc.

RIOT · NASDAQ · Financial Services / Capital Markets

17.52USD-0.31 (-1.74%)

Price History

Full chart

Market Stats

Previous Close17.83
Open17.70
Day Range16.66 – 17.83
52-Week Range11.50 – 30.32
Volume22.36M
Market Cap6.57B
P/E (TTM)0.00
Forward P/E20.88
EPS-4.12
Dividend Yield0.00%
Beta3.98
50-Day Avg18.12
200-Day Avg19.35

About

Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. It operates in two segments, Bitcoin Mining and Engineering. The company offers comprehensive and critical infrastructure for bitcoin mining and data center services at its facilities. The company also designs and manufactures power distribution equipment and engineered-to-order electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale industrial and governmental customers, as well as data center, power generation, utility, water, industrial, and alternative energy markets. The company was founded in 2000 and is based in Castle Rock, Colorado.

Company Details

  • SectorFinancial Services
  • IndustryCapital Markets
  • CEOMr. Jason Les
  • Employees816
  • Headquarters85 Rio Grande Drive, Castle Rock, CO, United States, 80104, USA
  • Websitehttps://www.riotplatforms.com

Leadership

  • Mr. Soo Li Yi C.F.A.Executive Chairman · b. 1982
  • Mr. Jason LesCEO & Executive Director · b. 1986
  • Mr. Stephen HowellSenior VP & COO · b. 1976
  • Mr. Jonathan GibbsChief Data Center Officer · b. 1988
  • Mr. Jason ChungCFO, Executive VP and Head of Corporate Development & Strategy · b. 1982
  • Mr. Ryan WernerSenior VP & Chief Accounting Officer · b. 1980
  • Ms. Maureen ChuVP and Associate General Counsel of M&A and Corporate Finance
  • Mr. Philip James McPhersonVP of Capital Markets & Investor Relations · b. 1974
  • Mr. William Richard Jackman Esq.Executive VP, General Counsel & Corporate Secretary · b. 1984
  • Ms. Emma NorrisVice President of Human Resources

Financials

Income Statement

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.12M745.43K650.58K804.10K859.92K1.14M848.90K869.40K290.87K438.62K281.60K62.13K140.69K262.65K198.09K106.11K269.66K7.84M6.84M12.08M213.24M259.17M280.68M376.66M647.43M
Growth (%)--33.64%-12.72%+23.60%+6.94%+32.59%-25.55%+2.42%-66.54%+50.80%-35.80%-77.94%+126.45%+86.69%-24.58%-46.43%+154.12%+2809.25%-12.85%+76.70%+1665.11%+21.54%+8.30%+34.20%+71.89%
Cost of Revenue161.16K662.82K518.49K475.68K508.61K756.71K615.63K287.73K710.21K358.09K16.34K59221.19K71.47K30.59K3.06K25.19K5.82M6.10M6.25M82.09M193.70M254.33M262.75M748.69M
Gross Profit962.11K82.61K132.08K328.43K351.31K383.50K233.26K581.68K-419.33K80.53K265.25K61.54K119.50K191.18K167.50K103.06K244.47K2.02M740.00K5.83M131.15M65.47M26.34M113.90M-101.25M
Gross Margin85.65%11.08%20.30%40.84%40.85%33.63%27.48%66.91%-144.16%18.36%94.20%99.05%84.94%72.79%84.56%97.12%90.66%25.81%10.82%48.26%61.50%25.26%9.39%30.24%-15.64%
Operating Expense765.11K1.01M1.42M2.10M2.25M3.34M6.68M10.75M15.13M13.53M11.24M9.02M12.22M10.59M8.92M6.41M13.40M61.39M10.16M21.37M111.38M578.18M89.39M-39.69M298.78M
Operating Income197.00K-927.05K-1.29M-1.77M-1.90M-2.95M-6.45M-10.17M-15.55M-13.45M-10.98M-8.96M-12.10M-10.40M-8.75M-6.31M-13.15M-59.37M-9.42M-15.54M19.77M-512.70M-63.05M153.59M-400.03M
Operating Margin17.54%-124.37%-197.64%-220.41%-221.21%-258.88%-759.30%-1169.88%-5345.99%-3066.31%-3897.81%-14424.51%-8602.85%-3960.74%-4416.62%-5943.68%-4878.23%-756.74%-137.74%-128.66%9.27%-197.82%-22.46%40.78%-61.79%
EBITDA300.19K-756.76K-992.04K-1.10M-1.65M-2.71M-6.15M-9.56M-15.59M-12.71M-9.54M-8.53M-11.73M-10.04M-8.40M-3.03M-12.34M-55.62M-17.91M-4.05M46.37M-412.04M-2.79M324.18M-53.22M
EBITDA Margin26.73%-101.52%-152.49%-136.71%-192.15%-237.42%-724.10%-1099.31%-5359.64%-2898.34%-3388.78%-13735.12%-8334.75%-3821.82%-4243.00%-2859.49%-4575.98%-708.96%-261.93%-33.56%21.75%-158.98%-0.99%86.07%-8.22%
Net Income101.18K-1.22M-1.72M-2.09M-2.11M-3.11M-6.20M-9.57M-15.52M-13.34M-10.21M-9.21M-12.15M-10.44M-8.76M-4.27M-19.85M-58.01M-20.04M-14.11M-7.93M-509.55M-49.47M109.40M-663.18M
Net Income Margin9.01%-164.23%-263.95%-260.11%-245.81%-272.65%-730.42%-1100.56%-5334.84%-3040.82%-3627.07%-14827.80%-8635.17%-3975.99%-4421.09%-4026.61%-7359.67%-739.43%-293.10%-116.83%-3.72%-196.61%-17.63%29.05%-102.43%
R&D160.94K622.46K540.29K561.14K850.14K1.41M2.67M6.03M8.71M6.11M5.67M3.84M6.71M4.03M2.16M862.78K20.03K0-------
R&D as % of Total Revenue14.33%83.50%83.05%69.78%98.86%123.86%314.20%693.04%2995.72%1393.54%2012.16%6178.17%4766.70%1536.08%1090.00%813.07%7.43%0.00%-------
Interest Expense84.81K134.41K353.34K323.82K255.12K245.96K241.61K228.55K200.14K132.79K180.51K248.63K96.13K116.18K98.96K30.41K4.81M123.00K122.00K85.00K296.00K1.31M8.22M1.99M24.14M
Interest Expense % of Total Revenue7.55%18.03%54.31%40.27%29.67%21.57%28.46%26.29%68.81%30.27%64.10%400.19%68.32%44.23%49.96%28.66%1782.50%1.57%1.78%0.70%0.14%0.51%2.93%0.53%3.73%

Balance Sheet

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.98M4.82M4.84M5.41M7.09M8.75M31.66M24.19M19.38M17.16M8.73M16.61M18.64M28.72M20.86M17.04M52.34M13.86M30.38M280.15M1.53B1.32B2.05B3.94B3.94B
Total Liabilities728.36K4.42M5.00M4.45M4.67M4.32M5.16M6.30M6.56M5.91M4.90M5.92M5.69M5.04M4.79M2.12M2.71M9.37M4.14M3.08M173.62M168.52M163.06M791.62M1.08B
Total Equity1.26M404.15K-156.76K959.33K2.42M4.42M26.50M17.89M12.81M11.25M3.83M10.69M12.95M23.69M16.07M14.92M48.87M4.49M26.24M277.07M1.36B1.15B1.89B3.14B2.86B
Cash423.76K131.78K148.13K578.11K1.98M3.53M17.38M11.82M13.37M8.91M2.97M10.98M5.66M3.54M2.01M5.53M41.65M225.39K7.44M223.38M312.31M230.33M597.17M277.86M233.52M
Total Debt675.43K4.11M4.54M3.97M3.86M3.59M3.48M3.11M2.76M2.82M3.90M3.05M2.47M2.31M2.14M139.61K135.57K4.41M368.00K-13.44M22.25M21.34M613.16M866.76M
Net Debt251.66K3.98M4.40M3.39M1.88M57.97K-13.90M-8.71M-10.60M-6.09M936.12K-7.92M-3.19M-1.23M127.75K-5.39M-41.52M1.47M-7.07M-223.38M-298.88M-208.08M-575.82M335.30M633.24M

Cash Flow

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-111.42K-765.28K-395.60K-1.37M-1.61M-2.57M-12.09M-6.44M-11.36M-10.71M-8.33M-5.49M-9.73M-9.20M-6.87M-5.52M-4.44M-19.05M-15.41M-11.15M-86.38M530.00K33.09M-255.05M-572.93M
Investing Cash Flow-71.60K-606.53K-227.98K-138.44K-197.67K-232.04K-822.92K2.09M4.53M-2.92M1.61M-316.12K-7.63M-12.56M5.79M9.35M5.58M-24.86M-3.25M-32.83M-490.33M-354.86M-414.77M-1.51B76.13M
Financing Cash Flow499.19K1.08M639.93K1.94M3.21M4.35M26.76M-1.21M8.38M9.17M782.16K13.81M12.04M19.64M-453.78K-311.11K34.98M2.49M25.88M259.92M665.64M272.35M748.52M1.52B455.29M
Capital Expenditure33.76K487.44K176.44K30.26K55.28K232.04K822.92K753.17K595.95K501.41K318.26K156.34K151.75K237.68K92.03K61.47K61.09K20.20M6.45M41.28M421.98M352.86M424.13M1.27B201.38M
Free Cash Flow-145.18K-1.25M-572.04K-1.40M-1.67M-2.80M-12.92M-7.20M-11.96M-11.21M-8.65M-5.65M-9.88M-9.44M-6.96M-5.58M-4.50M-39.25M-21.86M-52.42M-508.36M-352.33M-391.05M-1.52B-774.31M
Dividends Paid-49.00K--------0000009.56M72.06B----6.92M--
FCF to OCF130.30%163.69%144.60%102.20%103.43%109.03%106.80%111.69%105.24%104.68%103.82%102.85%101.56%102.58%101.34%101.11%101.38%206.00%141.81%470.29%588.53%-66477.74%-1181.96%596.96%135.15%
Dividend Paid to FCF--3.91%--------0.00%0.00%0.00%0.00%0.00%0.00%-212.44%-183596.43%-----1.77%--

Earnings

Report DateMar 31, 2003Jun 30, 2003Sep 30, 2003Dec 31, 2003Mar 31, 2004Jun 30, 2004Sep 30, 2004Dec 31, 2004Mar 31, 2005Jun 30, 2005Sep 30, 2005Dec 31, 2005Mar 31, 2006Jun 30, 2006Sep 30, 2006Dec 31, 2006May 8, 2007Aug 20, 2007Nov 14, 2007Mar 21, 2008May 15, 2008Aug 13, 2008Nov 12, 2008Mar 16, 2009May 7, 2009Aug 6, 2009Nov 5, 2009Mar 9, 2010May 7, 2010Aug 5, 2010Nov 4, 2010May 13, 2011Aug 9, 2011Nov 14, 2011Mar 16, 2012May 30, 2012Aug 7, 2012Nov 7, 2012Mar 26, 2013May 7, 2013Aug 7, 2013Nov 8, 2013Mar 28, 2014May 12, 2014Aug 11, 2014Nov 10, 2014Mar 30, 2015May 12, 2015Aug 11, 2015Nov 10, 2015Mar 23, 2016May 11, 2016Aug 10, 2016Nov 14, 2016Mar 31, 2017May 15, 2017Aug 11, 2017Nov 13, 2017Feb 28, 2018May 17, 2018Aug 14, 2018Nov 19, 2018Feb 27, 2019Apr 2, 2019Aug 8, 2019Nov 12, 2019Mar 25, 2020May 8, 2020Aug 10, 2020Nov 9, 2020Mar 31, 2021May 17, 2021Aug 23, 2021Nov 15, 2021Mar 16, 2022May 10, 2022Aug 15, 2022Nov 7, 2022Mar 2, 2023May 10, 2023Aug 9, 2023Nov 8, 2023Feb 23, 2024May 1, 2024Jul 31, 2024Oct 30, 2024Feb 20, 2025May 1, 2025Jul 31, 2025Oct 30, 2025Mar 4, 2026Apr 30, 2026Aug 10, 2026Oct 29, 2026Nov 4, 2026
EPS Estimate-------------------9.60-11.20-13.60-10.40-15.60-16.80-19.20-20.40-22.80-22.80-22.40-24.00--19.20-19.20-19.20-20.64-18.24-3.04-3.04-3.44-2.48-1.04-1.04-1.17-0.92-0.88-1.12-0.76-0.80-0.72--0.56-0.56-0.48-------0.14-0.06-0.61-0.40-0.40-0.23-0.11-0.11-0.19-0.17-0.08-0.080.200.050.360.230.16-0.04-0.04-0.13-0.20-0.24-0.28-0.28-0.210.020.02-0.08-0.21-0.19-0.09-0.13-0.28-0.39-0.33-0.34
EPS Actual-2.45-14.68-9.09-18.21-11.38-11.66-11.11-12.00-8.79-6.66-9.17-12.00-9.71-10.28-10.87-12.35-9.89-9.61-19.20-19.20-12.00-21.60-21.60-19.20-21.60-28.80-28.80-33.60-24.00-21.60-18.25-16.80-16.80-18.24-9.12-9.60-9.52-2.56-6.96-2.24-1.68-1.12-1.12-1.12-0.64-0.64-0.56-0.56-0.56-0.41-0.72-0.35-0.22-0.43-0.51-0.22-0.21-0.990.57-0.19-0.62-0.42-1.03-0.39-0.09-0.08-0.12-0.12-0.03-0.040.160.090.08-0.14-0.21-0.05-0.65-0.16-0.34-0.29-0.24-0.240.450.72-0.42-0.200.44-0.900.990.19-1.88-0.35-0.68-0.01
Surprise-------------------100.00%-71.43%11.76%-107.69%-38.46%-14.29%-12.50%-41.18%-26.32%-47.37%-7.14%10.00%-12.50%12.50%5.00%55.81%47.37%-213.16%15.79%-102.33%9.68%-61.54%-7.69%4.27%-21.74%27.27%42.86%26.32%30.00%22.22%--28.57%37.50%54.17%-------35.71%-933.33%31.15%-157.50%2.50%60.87%27.27%-9.09%36.84%82.35%50.00%300.00%-55.00%60.00%-138.89%-191.30%-131.25%-1525.00%-300.00%-161.54%-45.00%0.00%14.29%260.71%442.86%-2200.00%-1100.00%650.00%-328.57%621.05%311.11%-1382.22%-25.00%-74.36%-102.94%
Timing------------------After-hoursPre-market-After-hoursPre-market-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-Pre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursPre-market-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursPre-market

Key Statistics & Ratios

Market Cap6.57B
Enterprise Value6.71B
Trailing P/E0.00
Forward P/E20.88
Price / Sales9.73
Price / Book3.13
EPS-4.12
Book Value5.69
Revenue (TTM)675.71M
Gross Profit (TTM)161.19M
EBITDA-887.76M
Profit Margin-210.79%
Operating Margin-193.86%
Return on Equity-50.52%
Return on Assets-21.77%
Shares Outstanding375.18M
Shares Float349.06M
Beta3.98
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 22 analystsTarget 32.24
  • Strong Buy
    14
  • Buy
    7
  • Hold
    1

Ownership Breakdown

Institutions
83.73%
Insiders
6.84%
Retail / Other
9.43%

Top Institutional Holders

  • BlackRock Inc
    31.98M8.53%
  • Vanguard Portfolio Management, LLC
    21.73M5.79%
  • FMR Inc
    19.65M5.24%
  • Situational Awareness LP
    17.10M4.56%
  • Jane Street Group LLC
    16.83M4.49%
  • Vanguard Capital Management, LLC
    15.15M4.04%
  • Starboard Value LP
    10.11M2.70%
  • State Street Corp
    9.44M2.52%
  • Geode Capital Management, LLC
    9.28M2.47%
  • Dimensional Fund Advisors, Inc.
    7.28M1.94%
  • TOMS Capital Investment Management LP
    5.88M1.57%
  • T. Rowe Price Investment Management,Inc.
    5.62M1.50%
  • D. E. Shaw & Co LP
    5.46M1.45%
  • Bank of America Corp
    5.22M1.39%
  • MIZUHO MARKETS AMERICAS LLC
    5.14M1.37%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    11.33M3.02%
  • iShares Russell 2000 ETF
    9.08M2.42%
  • Vanguard Small Cap Index
    8.02M2.14%
  • Vanguard Information Technology ETF
    5.64M1.50%
  • Fidelity Select Software & IT Svcs Port
    5.25M1.40%

Dividends

20171×
1.00Oct 12, 2017

Stock Splits

  • Mar 31, 20161:8
  • Jun 20, 20121:6
  • Jul 29, 20111:5