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Riot Platforms, Inc. (RIOT)

Listed on NASDAQ • Financial Services / Financial - Capital Markets
RIOT logo

Overview

Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. The company operates in two segments, Bitcoin Mining and Engineering. It offers comprehensive and critical infrastructure for institutional-scale Bitcoin mining facilities in Rockdale and Navarro counties, Texas; and two Bitcoin mining sites in Paducah, Kentucky. The company also designs and manufactures power distribution equipment and custom engineered electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale commercial 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.

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Key Information

Symbol: RIOT
CEO: Jason Les
Exchange: NASDAQ
CIK: 0001167419
SEC Filings: View SEC →

Stock Snapshot (Updated: Nov 05 04:00 PM EST)

Price
18.97
Change
-0.305
Change %
-1.58%
Open
19.42
Previous Close
19.28
High
19.73
Low
18.41
Volume
32,162,653
Market Cap
7,053,182,464
EV/EBITDA
0

Capital Structure (Updated: Nov 05 04:00 PM EST)

Shares Outstanding
371,807,186
FloatShares
346,483,399
Float Ratio
93.19%
Shares Short
58,360,444
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
16.02%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
1.56 trading days
Held Percent Insiders
6.50%
Held Percent Institutions
62.09%

Calendar Events (Upcoming Earnings & Revenue Forecasts)

Earnings
Earnings Date 2025-10-30
Earnings Call 2025-10-30
Avg EPS Estimate -0.16
Low EPS Estimate -0.16
High EPS Estimate -0.16
Revenue
Avg Revenue Forecast 166,049,160
Low Revenue Forecast 136,262,000
High Revenue Forecast 187,000,000

RIOT Liquidity Indicators Shows key metrics that reflect cash availability and short-term payment ability

Field Value Description
Cash Holdings$330,744,992Cash on hand, which directly shows a company's ability to meet short-term obligations.
Quick Ratio1.002The quick ratio, which excludes inventory, measures short-term solvency; a value above 1 is considered relatively safe.
Current Ratio1.474The current ratio, calculated as current assets divided by current liabilities; the higher the value, the better the liquidity.
Total Debt$871,849,984Total liabilities, used together with cash and liquidity ratios to assess debt burden.

RIOT Profitability Indicators Shows key metrics that reflect overall earnings, margins, and core business profitability

Field Value Description
EBITDA$508,607,008EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which measures the profitability of core operations.
Operating Cash Flow$-565,756,032Operating cash flow, which reflects a company's cash-generating ability.
Free Cash Flow$80,535,248Free cash flow, after deducting capital expenditures, which can be used for dividends or reinvestment.
Gross Margin39.55%Gross margin; a higher value indicates stronger product profitability.
Operating Margin28.36%Operating margin; slightly negative, indicating high operating costs.
Profit Margin25.74%Net profit margin, which reflects overall profitability.

RIOT Leverage & Financial Health Indicators Shows key metrics that reflect debt levels, liquidity, and overall financial stability

Field Value Description
Debt/Equity Ratio24.88%Low leverage level, indicating the company has low debt pressure.
Total Debt$871,849,984Used together with cash and EBITDA to assess debt-paying ability.

RIOT Growth Indicators Shows key financial metrics that reflect profitability, cash flow, and business expansion

Field Value Description
Revenue Growth (YoY)112.60%Rapid revenue growth, indicating fast business expansion.
Earnings Growth (YoY)0.00%Significant EPS growth, indicating rapid improvement in profitability.

Financial Data for RIOT (Key ratios, margins, and cash flow)

Field Value Description
Current Price$18.97Latest stock trading price
Price Target (High)$42Analyst highest expected price
Price Target (Low)$19Analyst lowest expected price
Price Target (Average)$27.53Average target price across analysts
Price Target (Median)$27Median of target prices
Average Rating Score1.24Average analyst rating (1=Strong Buy, 5=Sell)
Consensus Recommendationstrong_buyConsensus rating
Analyst Coverage Count17Number of analysts providing estimates
Cash Holdings$330,744,992Total cash held by the company
Cash per Share$0.89Cash value per outstanding share
Total Debt$871,849,984Company's total debt
Quick Ratio1.002Ability to cover short-term liabilities (excludes inventory)
Current Ratio1.474Overall short-term liquidity
Debt/Equity Ratio24.88%Leverage ratio: Debt / Equity
EBITDA$508,607,008Earnings before interest, taxes, depreciation & amortization
Total Revenue$637,161,984Total company revenue
Revenue per Share$1.915Total revenue divided by shares outstanding
Gross Profit39.55%Revenue minus cost of goods sold
Return on Assets3.08%Net income / Total assets
Return on Equity5.24%Net income / Shareholder equity
Earnings Growth (YoY)0.00%Year-over-year EPS growth
Revenue Growth (YoY)112.60%Year-over-year revenue growth
Gross Margin39.55%Gross profit / Total revenue
EBITDA Margin79.82%EBITDA / Revenue
Operating Margin28.36%Operating income / Revenue
Profit Margin25.74%Net income / Revenue
Free Cash Flow$80,535,248Cash left after capital expenditures
Operating Cash Flow$-565,756,032Cash from core business operations
CurrencyUSDReported in US dollars
Last Updated2025-11-05Data source from Yahoo