Riot Platforms, Inc. (RIOT)
Riot Platforms, Inc. brought in $675.7M of revenue over the twelve months to September 30, 2026, up 6.1% from a year earlier. It posted a net loss of $1.4B. In fiscal 2025 capital spending exceeded operating cash flow by $774.3M. At September 30, 2026 it held $669.1M in cash against $656.6M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 4, 2026.
Key facts about Riot Platforms, Inc.
- Net worth
- Riot Platforms, Inc. has a market value (market cap) of $6.6B at the latest share price, and shareholders' equity of $2.1B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $647.4M (+71.9% year on year), with a net loss of $663.2M. Over the 12 months to September 30, 2026: revenue $675.7M, net loss $1.4B.
- Cash flow
- In fiscal 2025 operations used $572.9M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 4, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Riot Platforms, Inc.'s next report is expected around March 1, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Riot Platforms, Inc. does
Riot Platforms, Inc. is registered with the SEC under industry code SIC 6199 (Finance Services). Its shares trade on NASDAQ under the ticker RIOT.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $647.4M | -$663.2M | -$1.95 | -$774.3M |
| 2024 | $376.7M | $109.4M | $0.34 | -$495.4M |
| 2023 | $280.7M | -$49.5M | -$0.28 | -$160.6M |
| 2022 | $259.2M | -$509.6M | -$3.65 | -$147.9M |
| 2021 | $213.2M | -$15.4M | -$0.17 | -$233.2M |
| 2020 | $12.1M | -$14.1M | -$0.33 | -$11M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where RIOT ranks in Finance
Dividends
It paid out $9.6M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2017 | n/a | $9.6M | n/a |
Latest SEC filings
What Riot Platforms, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 6, 2026Passive stake changed SCHEDULE 13G/A
- November 4, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 0.7% to $181.4M versus the same quarter last year; diluted EPS $0.01 versus $0.26.
- November 4, 2026
- October 14, 2026
- October 7, 2026
- September 25, 2026Material agreement ended8-KRiot Platforms voluntarily prepaid its credit agreement with Coinbase Credit in full and terminated the facility without penalties.
- August 14, 2026
- August 10, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 14% to $174.2M versus the same quarter last year; diluted EPS -$0.68 versus $0.58.
- August 10, 2026
- August 6, 2026Passive stake changed SCHEDULE 13G/A
Insider trades
What the people running Riot Platforms, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 12, 2026 | Howell Stephen Mitchell Jr.COO | Gave as a gift | 21,198 | - |
| August 5, 2026 | Werner Ryan D.SVP, CAO | Soldpre-planned (10b5-1) | 35,430 | $778.8K |
| August 5, 2026 | Werner Ryan D.SVP, CAO | Soldpre-planned (10b5-1) | 9,802 | $223.7K |
| August 5, 2026 | Werner Ryan D.SVP, CAO | Soldpre-planned (10b5-1) | 2,501 | $58.8K |
| July 31, 2026 | Les JasonCEO, Director | Shares withheld for tax | 2,896,921 | $58.4M |
| July 31, 2026 | Werner Ryan D.SVP, CAO | Shares withheld for tax | 148,500 | $3M |
| July 31, 2026 | Howell Stephen Mitchell Jr.COO | Shares withheld for tax | 153,162 | $3.1M |
| July 7, 2026 | Werner Ryan D.SVP, CAO | Soldpre-planned (10b5-1) | 10,232 | $217.1K |
Who owns RIOT
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Fmr LLC13G, passive with 1 related filers | 7.6% | August 6, 2026 |
| Vanguard Portfolio Management13G, passive | 5.75% | April 29, 2026 |
| Jane Street Group, LLC13G, passive with 3 related filers | 5.3% | May 11, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 447 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 31,984,547 | +2,331,842 |
| Vanguard Portfolio Management LLC | 21,725,129 | +39,470 |
| Fmr LLC | 19,645,295 | +4,630,670 |
| Situational Awareness LP | 17,100,000 | +5,597,863 |
| Jane Street Group, LLC | 16,826,113 | +9,440,160 |
| Vanguard Capital Management LLC | 15,146,138 | +281,057 |
| Geode Capital Management, LLC | 9,275,453 | +310,985 |
| Starboard Value LP | 10,114,576 | -5,430,000 |
| State Street Corp | 9,438,485 | +248,755 |
| Dimensional Fund Advisors LP | 6,987,744 | -28,707 |
| TOMS Capital Investment Management LP | 5,875,000 | new |
| D. E. Shaw & Co., Inc. | 5,455,200 | 0 |
| Bank of America Corp | 5,222,018 | +1,185,496 |
| Mizuho Markets Americas LLC | 5,140,890 | +81,232 |
| Nomura Holdings Inc | 4,917,342 | -4,987,797 |
| American Century Companies Inc | 4,583,733 | +2,435,461 |
| Goldman Sachs Group Inc | 4,239,444 | +430,640 |
| Invesco Ltd. | 3,959,103 | +1,251,738 |
| Point72 Asset Management, L.P. | 3,714,879 | new |
| Two Sigma Investments, LP | 3,632,510 | +3,236,381 |
Insiders
12 insiders reported holding 25,062,729 shares in total, about $442.6M at the last price.
| Holder | Shares |
|---|---|
| Yi Soo il BenjaminEXECUTIVE CHAIRMAN, Director | 9,638,339 |
| Les JasonCEO, Director | 6,208,1931,263,556 held indirectly |
| Chung JasonEVP, CORP DEV | 3,129,142 |
| Jackman William RichardCHIEF LEGAL OFFICER (CLO) | 2,853,105 |
| Howell Stephen Mitchell Jr.COO | 1,834,408 |
| Werner Ryan D.SVP, CAO | 699,493 |
| Yee Colin M.Senior Advisor (See Remarks) | 428,435 |
| Gibbs JonathanCDCO (See Remarks) | 84,989 |
| D'Ambrosio Lance VarroDirector | 68,891 |
| Mouton DouglasDirector | 44,834 |
Questions about RIOT
What does Riot Platforms, Inc. do?
Riot Platforms, Inc. is a company in the Finance sector, listed on NASDAQ as RIOT. Its shares trade on NASDAQ under the ticker RIOT.
What is Riot Platforms, Inc.'s net worth?
Riot Platforms, Inc. has a market value (market cap) of $6.6B at the latest share price, and shareholders' equity of $2.1B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Riot Platforms, Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $1.4B on revenue of $675.7M.
How much revenue does Riot Platforms, Inc. make?
Over the twelve months to September 30, 2026 Riot Platforms, Inc. reported revenue of $675.7M. That is 6.1% more than a year earlier.
When did Riot Platforms, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 4, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the passive stake changed from November 6, 2026.
When is Riot Platforms, Inc.'s next earnings report?
Riot Platforms, Inc.'s next report is expected around March 1, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Riot Platforms, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.