Riot Platforms, Inc. Income Statement
RIOT / Financials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Riot Platforms, Inc. reported $647M in revenue and $663M in net loss for FY2025. Revenue has grown at a 73.4% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.49 (distress zone, below 1.8 threshold)
- Strong profit margin: 29.0%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $647.4M | $376.7M | $280.7M | $259.2M | $213.2M | $12.1M | $7.8M | $7.8M | $173.0K | $9.4K | $56.1K | $167.0K | $56.1K | $370.2K | $290.9K |
| Cost of Revenue | - | - | - | - | - | $6.3M | $5.8M | $5.8M | $25.2K | $3.1K | $21.2K | $71.5K | $21.2K | $358.1K | $710.2K |
| Gross Profit | - | - | - | - | - | - | - | - | - | $6.4K | $34.9K | $95.5K | $34.9K | $12.1K | -$419.3K |
| SG&A Expense | $298.8M | $266.9M | $100.3M | $67.5M | $87.4M | $87.4M | $20.9M | $20.9M | $4.4M | $4.4M | $5.5M | $6.6M | $5.5M | $7.4M | $6.1M |
| R&D Expense | - | - | - | - | - | - | - | - | $249.2K | $249.2K | $6.7M | $4.0M | $6.7M | $6.1M | $9.3M |
| Operating Income | -$622.2M | $153.6M | -$63.0M | -$512.7M | -$29.9M | -$15.5M | -$59.4M | -$59.4M | -$5.2M | -$5.2M | -$12.1M | -$10.4M | -$12.1M | -$13.4M | -$15.5M |
| Interest Expense | - | - | - | - | $296.0K | - | $123.0K | $123.0K | $30.2K | $30.2K | $135.2K | $116.2K | $135.2K | $132.8K | $200.1K |
| Income Tax | -$150.0K | $744.0K | -$5.1M | -$11.7M | $254.0K | - | -$699.0K | -$699.0K | -$1.6M | - | - | - | - | - | - |
| Net Income | -$663.2M | $109.4M | -$49.5M | -$509.6M | -$15.4M | -$14.1M | -$58.0M | -$58.0M | -$4.3M | -$4.3M | -$12.1M | -$10.4M | -$12.1M | -$13.3M | -$15.5M |
| EPS (Basic) | -$0.28 | -$3.65 | -$0.17 | -$0.34 | - | - | - | - | - | - | - | - | - | - | - |
| EPS (Diluted) | -$0.28 | -$3.65 | -$0.17 | -$0.33 | -$1.02 | -$1.02 | -$4.33 | -$3.30 | -$1.05 | -$2.26 | -$0.72 | -$0.36 | -$0.72 | -$10.17 | -$2.34 |
| Shares Outstanding | 344.9M | 230.8M | 167.8M | 116.7M | 78.5M | 25.1M | 14.5M | 11.6M | 4.1M | 3.9M | 21.5M | 31.0M | 21.5M | 1.6M | 8.0M |
| Gross Margin | - | - | - | - | - | - | - | - | - | 67.5% | 62.2% | 57.2% | 62.2% | 3.3% | -144.2% |
| Operating Margin | -96.1% | 40.8% | -22.5% | -197.8% | -14.0% | -128.7% | -756.7% | -756.7% | -3002.1% | -55144.1% | -21586.6% | -6231.0% | -21586.6% | -3632.8% | -5346.0% |
| Profit Margin | -102.4% | 29.0% | -17.6% | -196.6% | -7.2% | -116.8% | -739.4% | -739.4% | -2470.4% | -45378.5% | -21667.7% | -6255.0% | -21667.7% | -3602.6% | -5334.8% |