RIOT

Riot Platforms, Inc. Financials Finance Services Russell 3000
$12.81Close $4.8BMarket cap $11.83 – $28.6952-week range Nov 4, 2026Next report · before the open

Highlights

Cautions

  • Not in an uptrend 2 of 8 trend conditions
  • Lagging the market RS 6 · weaker than 94% of stocks over 12 months
  • Far from its high 55% below its 52-week high
  • Earnings shrinking EPS −219% year on year
  • Results soon Nov 4, 2026, in 3 days
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 10, 2026
Off 12-month high 55%
1wk up 2.2% price change
1mo down 36.4% price change
12-month return down 39% market up 11% · its own down 53%
F-score — — Not assessed
Altman Z″ 0.57 Elevated risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B 1.7× price / book
Earnings yield — EBIT / enterprise value
Cheaper than 30% of the market · expensive
Revenue growth up 72% year on year
EPS growth down 219% latest quarter
Sales growth up 14% latest quarter · +10 pts
ROE down 22% return on equity
Free cash margin —
D/E 0.21 long-term debt / equity
Net debt / EBITDA —
Interest cover —EBIT / interest

Trade setup

ATR% 10.1% $1.30 a day · 2×ATR $10.22
RS 6 / 99 vs the universe
Trend 2 / 8 trend template
Relative volume 1.5× vs 50-day average
Up/down volume 0.90 50 sessions
Implied move — no option chain · report Nov 4, 2026
Trend template · 2 of 8
  • 150-day average above the 200-day: passes
  • 200-day average rising for a month: passes

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Shareholders diluted The share count rose 7.7% over the year, from 345m to 372m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported Aug 10, 2026
Results reaction Aug 10, 2026-1% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $647.4M +72% on FY2024
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $12.1M FY2021 · $213.2M FY2022 · $259.2M FY2023 · $280.7M FY2024 · $376.7M FY2025 · $647.4M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$663.2M down to a loss
-$1B $0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$14.1M FY2021 · -$15.4M FY2022 · -$509.6M FY2023 · -$49.5M FY2024 · $109.4M FY2025 · -$663.2M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net -102%
-200% 0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net -117% FY2021 · Net -7% FY2022 · Net -197% FY2023 · Net -18% FY2024 · Net 29% FY2025 · Net -102%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $223.4M FY2021 · Cash $312.3M FY2022 · Cash $230.3M FY2023 · Cash $597.2M · Long-term debt $526,000 FY2024 · Cash $277.9M · Long-term debt $584.3M FY2025 · Cash $233.5M · Long-term debt $586.9M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 371.58m +373.2% since FY2020
371.58m 78.52m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 78.52m FY2021 · 116.75m FY2022 · 167.75m FY2023 · 230.84m FY2024 · 344.89m FY2025 · 371.58m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $12.1M $213.2M $259.2M $280.7M $376.7M $647.4M
Gross margin 48% — — — — —
Operating income -$15.5M -$29.9M -$512.7M -$63.0M $153.6M -$622.2M
Net income -$14.1M -$15.4M -$509.6M -$49.5M $109.4M -$663.2M
Net margin -117% -7% -197% -18% 29% -102%
Earnings per share -$0.34 -$0.17 -$3.65 -$0.28 $0.34 -$1.95
Cash $223.4M $312.3M $230.3M $597.2M $277.9M $233.5M
Long-term debt — — — $526,000 $584.3M $586.9M
Shareholders' equity $275.6M $1.3B $1.2B $1.9B $3.1B $2.9B
Shares outstanding 78.52m 116.75m 167.75m 230.84m 344.89m 371.58m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 10, 2026 Quarterly ↗ Jun 30, 2026 41d
Apr 30, 2026 Quarterly ↗ Mar 31, 2026 30d
Mar 2, 2026 Annual ↗ Dec 31, 2025 61d
Oct 30, 2025 Quarterly ↗ Sep 30, 2025 30d
Jul 31, 2025 Quarterly ↗ Jun 30, 2025 31d
May 1, 2025 Quarterly ↗ Mar 31, 2025 31d
Feb 28, 2025 Annual ↗ Dec 31, 2024 59d
Nov 4, 2024 Quarterly ↗ Sep 30, 2024 35d
Jul 31, 2024 Quarterly ↗ Jun 30, 2024 31d
May 1, 2024 Quarterly ↗ Mar 31, 2024 31d
Feb 23, 2024 Annual ↗ Dec 31, 2023 54d
Nov 8, 2023 Quarterly ↗ Sep 30, 2023 39d

Current reports