Riot Platforms (RIOT) Financials

$7.54 +0.42 (+5.83%)

Closing price 04/23/2025 03:58 PM Eastern

Extended Trading

$7.51 -0.03 (-0.33%)

As of 04/23/2025 07:59 PM Eastern

Annual Income Statements for Riot Platforms

This table shows Riot Platforms' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-8.76	-4.27	-20	-58	-20	-14	-15	-510	-49	109
Consolidated Net Income / (Loss)	-8.76	-4.27	-20	-60	-20	-14	-15	-510	-49	109
Net Income / (Loss) Continuing Operations	-8.76	-3.16	-16	-60	-20	-14	-15	-510	-49	109
Total Pre-Tax Income	-8.76	-3.16	-18	-61	-20	-14	-15	-521	-55	110
Total Operating Income	-8.75	-5.19	-13	-59	-9.42	-16	-30	-513	-63	154
Total Gross Profit	0.17	0.10	0.24	2.03	0.74	5.83	131	65	26	114
Total Revenue	0.20	0.10	0.27	7.85	6.84	12	213	259	281	377
Operating Revenue	0.20	0.00	0.27	7.85	6.84	12	213	259	281	377
Total Cost of Revenue	0.03	0.00	0.03	5.82	6.10	6.25	82	194	254	263
Operating Cost of Revenue	0.03	0.00	0.03	5.82	6.10	6.25	82	194	254	263
Total Operating Expenses	8.92	5.29	13	61	10	21	161	578	89	-40
Selling, General & Admin Expense	6.76	4.41	7.31	21	9.16	10	87	67	100	267
Depreciation Expense	-	0.63	0.89	5.27	0.12	4.49	26	108	252	212
Other Operating Expenses / (Income)	-	0.00	-	0.00	0.00	0.00	-18	-89	-269	-542
Impairment Charge	-	0.00	5.22	35	1.54	13	44	539	0.00	0.00
Restructuring Charge	-	-	-	-	0.00	0.00	21	0.08	0.00	5.54
Other Special Charges / (Income)	0.00	-	-	-	-0.67	-6.38	-0.25	-47	5.34	17
Total Other Income / (Expense), net	-0.01	2.03	-4.71	-1.64	-11	1.44	15	-8.60	8.48	-43
Other Income / (Expense), net	0.01	1.94	-0.00	-1.59	-12	1.44	15	-8.60	8.48	-43
Income Tax Expense	-	0.00	-1.61	-0.70	-0.14	0.00	0.25	-12	-5.09	0.74
Basic Earnings per Share	($2.26)	($1.05)	($3.30)	($4.33)	-	($0.34)	($0.17)	($3.65)	($0.28)	$0.40
Weighted Average Basic Shares Outstanding	3.88M	4.07M	6.02M	13.40M	19.60M	41.98M	93.45M	139.43M	175.03M	275.98M
Diluted Earnings per Share	($2.26)	($1.05)	($3.30)	($4.33)	-	($0.33)	($0.17)	($3.65)	($0.28)	$0.34
Weighted Average Diluted Shares Outstanding	3.88M	4.07M	6.02M	13.40M	19.60M	41.98M	93.45M	139.43M	175.03M	318.93M
Weighted Average Basic & Diluted Shares Outstanding	3.88M	4.07M	6.02M	13.40M	19.60M	41.98M	93.45M	166.98M	253.54M	350.21M

This table shows Riot Platforms' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	-32	-160	19	-27	-80	39	212	-84	-154	136
Consolidated Net Income / (Loss)	-32	-160	19	-27	-80	39	212	-84	-154	136
Net Income / (Loss) Continuing Operations	-32	-160	19	-27	-80	39	212	-84	-154	136
Total Pre-Tax Income	-35	-163	14	-27	-80	39	212	-84	-154	137
Total Operating Income	-36	-162	17	-32	-83	34	204	-117	-122	188
Total Gross Profit	3.61	3.11	10	13	-12	15	32	16	12	53
Total Revenue	46	60	73	77	52	79	79	70	85	143
Operating Revenue	46	60	73	77	52	79	79	70	85	143
Total Cost of Revenue	43	57	63	64	64	63	47	54	73	89
Operating Cost of Revenue	43	57	63	64	64	63	47	54	73	89
Total Operating Expenses	39	166	-7.26	45	71	-19	-172	133	133	-135
Selling, General & Admin Expense	16	30	13	20	29	39	58	61	67	81
Depreciation Expense	27	47	59	66	65	62	32	37	60	82
Other Operating Expenses / (Income)	1.57	37	-79	-41	-28	-120	-262	35	3.35	-318
Total Other Income / (Expense), net	0.49	-0.60	-3.83	4.91	2.35	5.06	7.81	33	-33	-51
Other Income / (Expense), net	0.49	-2.23	-3.83	4.91	2.35	5.06	7.81	33	-33	-51
Income Tax Expense	-2.95	-2.91	-4.97	0.11	-0.16	-0.08	-0.02	0.06	0.03	0.68
Basic Earnings per Share	($0.21)	($1.04)	$0.11	($0.16)	($0.44)	$0.21	$0.82	($0.32)	($0.54)	$0.44
Weighted Average Basic Shares Outstanding	153.90M	139.43M	167.34M	167.34M	180.95M	175.03M	259.51M	264.63M	286.24M	275.98M
Diluted Earnings per Share	($0.21)	($1.04)	$0.11	($0.16)	($0.44)	$0.21	$0.81	($0.32)	($0.54)	$0.39
Weighted Average Diluted Shares Outstanding	153.90M	139.43M	172.11M	167.34M	180.95M	175.03M	262.36M	264.63M	286.24M	318.93M
Weighted Average Basic & Diluted Shares Outstanding	167.30M	166.98M	175.08M	185.31M	206.52M	253.54M	288.78M	303.52M	332.33M	350.21M

This table details how cash moves in and out of Riot Platforms' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-1.53	3.52	36	-41	7.22	216	89	-82	367	-246
Net Cash From Operating Activities	-6.87	-5.52	-4.44	-19	-15	-2.85	-86	0.53	33	-255
Net Cash From Continuing Operating Activities	-6.87	-4.45	-3.52	-19	-15	-2.85	-86	0.53	33	-255
Net Income / (Loss) Continuing Operations	-8.76	-3.16	-16	-60	-20	-14	-15	-510	-49	109
Consolidated Net Income / (Loss)	-8.76	-4.27	-20	-60	-20	-14	-15	-510	-49	109
Depreciation Expense	0.25	0.09	0.89	5.27	0.12	4.49	26	108	252	212
Amortization Expense	-	0.00	4.75	0.00	2.20	0.27	-0.10	-0.10	-0.10	0.15
Non-Cash Adjustments To Reconcile Net Income	1.32	-0.86	8.96	33	9.54	5.14	-95	399	-163	-596
Changes in Operating Assets and Liabilities, net	0.31	-0.52	-1.70	3.02	-6.97	1.36	-1.67	3.64	-7.01	19
Net Cash From Investing Activities	5.79	9.35	5.58	-25	-3.25	-41	-491	-355	-415	-1,509
Net Cash From Continuing Investing Activities	5.79	9.37	5.57	-25	-3.25	-41	-491	-355	-415	-1,509
Purchase of Property, Plant & Equipment	0.00	-	0.00	-21	-4.96	-8.14	-147	-152	-194	-244
Acquisitions	-0.09	-0.03	-0.06	-0.58	-0.04	0.00	-70	-9.53	-0.03	-636
Purchase of Investments	-27	-17	-3.20	-6.41	-	-	0.00	0.00	-4.50	-204
Sale of Property, Plant & Equipment	0.01	1.81	-	-	0.00	0.15	0.00	0.00	6.37	14
Sale and/or Maturity of Investments	33	24	7.51	-	0.00	0.00	1.80	1.81	0.00	0.00
Other Investing Activities, net	-	-	0.00	-6.33	-1.45	-33	-275	-195	-223	-439
Net Cash From Financing Activities	-0.45	-0.31	35	2.49	26	260	666	272	749	1,518
Net Cash From Continuing Financing Activities	-0.45	-0.31	35	2.49	26	260	666	272	749	1,518
Repayment of Debt	-0.45	-0.31	-0.27	-0.14	-0.95	-	0.00	0.00	-6.14	-21
Repurchase of Common Equity	-	0.00	-0.39	0.00	0.00	-0.45	-5.08	-17	-31	-32
Issuance of Debt	-	0.00	4.75	1.77	3.00	-	0.00	0.00	6.92	594
Issuance of Common Equity	0.00	0.00	38	0.73	24	257	670	305	778	977
Other Financing Activities, net	-	0.00	2.01	0.43	0.00	2.90	0.81	-16	0.00	0.00
Cash Interest Paid	0.10	0.04	0.01	0.01	0.00	-	0.00	0.00	0.08	0.05
Cash Income Taxes Paid	-	-	0.00	0.00	0.00	-	0.00	0.00	0.68	0.11

This table details how cash moves in and out of Riot Platforms' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-16	-24	-43	101	0.93	307	91	-207	-53	-77
Net Cash From Operating Activities	13	1.49	32	-38	-6.17	45	-58	-43	-56	-98
Net Cash From Continuing Operating Activities	13	1.49	32	-38	-6.17	45	-58	-43	-56	-98
Net Income / (Loss) Continuing Operations	-32	-160	19	-27	-80	39	212	-84	-154	136
Consolidated Net Income / (Loss)	-32	-160	19	-27	-80	39	212	-84	-154	136
Depreciation Expense	27	47	59	66	65	62	32	37	60	82
Amortization Expense	-0.03	-0.02	0.56	-0.61	-0.03	-0.02	-0.02	-0.02	-0.03	0.23
Non-Cash Adjustments To Reconcile Net Income	13	119	-82	-14	25	-92	-283	1.76	18	-332
Changes in Operating Assets and Liabilities, net	6.53	-4.29	36	-63	-15	35	-19	2.87	20	15
Net Cash From Investing Activities	-59	-25	-74	-33	-125	-182	-194	-326	-205	-783
Net Cash From Continuing Investing Activities	-59	-25	-74	-33	-125	-182	-194	-326	-205	-783
Purchase of Property, Plant & Equipment	-57	-17	-74	-33	-41	-45	-57	-54	-76	-58
Acquisitions	0.00	-9.50	-0.03	-0.00	-	-	0.00	-	-7.20	-628
Sale of Property, Plant & Equipment	-	-	-	-	-	-	-	-	-	14
Other Investing Activities, net	-2.44	-	0.00	-	-91	-132	-137	-139	-52	-111
Net Cash From Financing Activities	30	-0.45	-0.93	173	132	444	344	161	209	804
Net Cash From Continuing Financing Activities	30	-0.45	-0.93	173	132	444	344	161	209	804
Repayment of Debt	-	-	-0.50	-	-3.11	-2.52	-0.07	-0.07	-5.06	-16
Repurchase of Common Equity	-1.06	-6.91	-1.31	-15	2.80	-17	-2.00	-8.77	-0.71	-20
Issuance of Debt	-	-	0.88	-	3.54	2.50	0.00	-	-	594
Issuance of Common Equity	31	6.46	0.00	188	129	461	346	170	215	246
Cash Interest Paid	-	-	0.00	0.02	0.02	0.05	0.01	0.01	0.01	0.01
Cash Income Taxes Paid	-	-	-	-	-	-	-	-	-	0.11

This table presents Riot Platforms' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	21	17	52	14	30	280	1,522	1,320	2,051	3,935
Total Current Assets	16	14	42	2.31	13	236	565	443	1,009	599
Cash & Equivalents	2.01	5.53	42	0.23	7.44	223	312	230	597	278
Restricted Cash	-	-	-	-	-	-	-	-	0.00	73
Short-Term Investments	14	7.51	-	-	-	0.00	11	-	0.00	134
Note & Lease Receivable	-	-	-	-	-	-	-	-	-	0.00
Accounts Receivable	0.00	-	-	-	-	0.00	15	27	25	27
Prepaid Expenses	0.25	0.22	0.54	1.38	1.35	1.26	7.14	33	29	40
Other Current Assets	-	0.00	0.20	0.71	3.84	0.00	219	153	358	46
Plant, Property, & Equipment, net	1.95	0.01	4.29	0.03	5.05	10	276	693	704	1,339
Total Noncurrent Assets	2.50	3.29	5.65	12	13	34	681	184	338	1,997
Long-Term Investments	0.97	0.00	3.00	9.41	9.72	0.31	0.31	0.31	13	19
Goodwill	-	0.39	1.19	-	-	0.00	336	-	0.00	122
Intangible Assets	0.00	0.55	1.26	1.21	0.46	0.34	14	21	16	34
Other Noncurrent Operating Assets	1.52	-	0.00	0.70	2.52	33	331	162	309	1,822
Total Liabilities & Shareholders' Equity	21	17	52	14	30	280	1,522	1,320	2,051	3,935
Total Liabilities	4.79	2.12	2.71	9.37	4.15	3.08	174	169	163	792
Total Current Liabilities	1.79	1.06	1.04	6.66	3.37	2.40	110	122	121	160
Short-Term Debt	0.30	0.14	0.14	-	-	-	-	-	0.26	0.31
Accounts Payable	0.70	0.25	0.41	3.83	0.72	0.72	20	18	23	18
Accrued Expenses	0.24	0.31	0.22	1.53	2.19	1.58	22	65	62	76
Current Deferred Revenue	0.10	0.10	0.10	1.30	0.10	0.10	2.84	2.88	2.46	2.89
Other Current Liabilities	-	-	0.00	0.00	0.37	0.00	65	35	33	64
Total Noncurrent Liabilities	3.00	1.07	1.67	2.71	0.78	0.68	64	47	42	631
Long-Term Debt	1.84	-	0.00	1.70	-	-	-	-	0.53	584
Noncurrent Deferred Revenue	1.16	1.07	0.97	0.87	0.78	0.68	20	18	16	14
Other Noncurrent Operating Liabilities	-	-	-	-	-	0.00	44	29	26	33
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	16	15	50	4.49	26	277	1,348	1,151	1,888	3,144
Total Preferred & Common Equity	16	15	49	5.79	26	277	1,348	1,151	1,888	3,144
Total Common Equity	16	15	41	5.72	26	277	1,348	1,151	1,888	3,144
Common Stock	122	125	180	203	243	507	1,595	1,908	2,688	3,834
Retained Earnings	-106	-110	-139	-197	-217	-230	-247	-756	-800	-690
Accumulated Other Comprehensive Income / (Loss)	-	-	-	-	-	-	-	0.00	0.15	0.22
Other Equity Adjustments	-	0.00	0.00	0.00	0.00	-	-	-	0.00	0.00

This table presents Riot Platforms' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	1,454	1,250	1,359	1,455	2,611	2,724	2,922
Total Current Assets	477	366	483	513	785	744	717
Cash & Equivalents	255	158	289	290	688	481	356
Restricted Cash	-	29	-	-	-	-	73
Short-Term Investments	2.17	-	-	-	-	158	190
Accounts Receivable	17	20	13	13	14	14	15
Prepaid Expenses	22	22	20	36	34	31	31
Other Current Assets	180	136	160	175	49	61	52
Plant, Property, & Equipment, net	650	717	700	668	822	1,040	1,173
Total Noncurrent Assets	327	167	177	274	1,004	940	1,032
Long-Term Investments	0.31	0.92	0.82	5.62	12	13	13
Goodwill	0.00	-	-	-	-	-	97
Intangible Assets	13	20	19	17	14	13	11
Other Noncurrent Operating Assets	313	146	157	251	978	914	911
Total Liabilities & Shareholders' Equity	1,454	1,250	1,359	1,455	2,611	2,724	2,922
Total Liabilities	154	158	118	115	136	139	173
Total Current Liabilities	107	112	74	71	93	97	126
Short-Term Debt	-	-	-	-	-	-	0.66
Accounts Payable	13	20	13	8.90	14	5.09	13
Accrued Expenses	39	83	27	25	44	54	45
Current Deferred Revenue	2.56	2.78	5.79	2.56	2.46	2.46	2.52
Other Current Liabilities	53	6.94	29	34	33	35	65
Total Noncurrent Liabilities	47	46	44	44	43	42	47
Long-Term Debt	-	-	-	-	-	-	5.60
Noncurrent Deferred Revenue	18	17	17	16	15	15	14
Other Noncurrent Operating Liabilities	29	29	27	27	28	27	27
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,299	1,092	1,241	1,341	2,475	2,585	2,749
Total Preferred & Common Equity	1,299	1,092	1,241	1,341	2,475	2,585	2,749
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,299	1,092	1,241	1,341	2,475	2,585	2,749
Common Stock	1,891	1,904	2,081	2,226	3,063	3,257	3,576
Retained Earnings	-592	-812	-840	-885	-588	-672	-827
Accumulated Other Comprehensive Income / (Loss)	-	-	-	-	0.01	-0.02	0.19
Other Equity Adjustments	0.00	-	-	-	0.00	0.00	0.00

This table displays calculated financial ratios and metrics derived from Riot Platforms' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	18.65%	-51.18%	178.86%	2,809.25%	-12.85%	76.70%	1,665.11%	21.54%	8.30%	34.20%
EBITDA Growth	16.60%	62.81%	-138.22%	-640.68%	65.62%	51.19%	218.21%	-3,843.65%	147.82%	63.06%
EBIT Growth	15.70%	62.82%	-304.98%	-363.21%	64.79%	34.27%	-7.63%	-3,333.46%	89.53%	301.86%
NOPAT Growth	15.90%	40.65%	-153.34%	-351.30%	84.14%	-65.06%	-92.16%	-1,616.44%	87.70%	445.67%
Net Income Growth	16.14%	51.21%	-367.39%	-201.50%	66.28%	30.52%	-9.43%	-3,200.86%	90.29%	321.14%
EPS Growth	16.14%	53.54%	-214.29%	-31.21%	0.00%	0.00%	48.48%	-2,047.06%	92.33%	221.43%
Operating Cash Flow Growth	25.37%	19.64%	19.56%	-329.09%	19.09%	81.52%	-2,921.48%	100.62%	6,142.45%	-870.90%
Free Cash Flow Firm Growth	24.61%	65.23%	-653.77%	-117.90%	41.75%	-188.72%	-1,698.35%	74.33%	-57.74%	-346.12%
Invested Capital Growth	-26.01%	-151.79%	1,047.66%	-165.21%	362.88%	488.39%	1,820.12%	-10.16%	38.85%	152.15%
Revenue Q/Q Growth	-10.03%	-8.07%	178.86%	24.88%	-7.57%	51.20%	67.06%	-10.60%	7.12%	20.37%
EBITDA Q/Q Growth	-7.56%	52.02%	-1,148.73%	-1.01%	27.20%	43.71%	-69.39%	-30.77%	1,615.46%	57.82%
EBIT Q/Q Growth	-7.23%	51.58%	-220.32%	1.13%	22.44%	30.08%	-211.01%	-36.11%	78.14%	788.70%
NOPAT Q/Q Growth	-7.33%	22.63%	-219.45%	1.46%	41.41%	27.44%	-2,135.93%	-35.56%	75.73%	50,225.14%
Net Income Q/Q Growth	-7.15%	13.55%	-50.69%	-6.52%	31.29%	29.55%	-210.26%	-35.38%	80.14%	781.70%
EPS Q/Q Growth	-7.15%	15.32%	-34.69%	-10.74%	0.00%	0.00%	0.00%	0.00%	81.70%	112.50%
Operating Cash Flow Q/Q Growth	4.14%	-0.48%	8.31%	-10.50%	3.77%	74.80%	-56.80%	102.03%	416.42%	-128.42%
Free Cash Flow Firm Q/Q Growth	8.34%	59.05%	-7,374.48%	31.56%	-110.89%	-31.57%	-48.76%	58.11%	-117.31%	-66.06%
Invested Capital Q/Q Growth	-51.71%	-123.14%	2,078.67%	-162.65%	173.12%	76.33%	46.74%	-11.62%	22.35%	51.76%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	84.56%	100.00%	90.66%	25.81%	10.82%	48.26%	61.50%	25.26%	9.39%	30.24%
EBITDA Margin	-4,284.39%	-3,263.81%	-2,788.16%	-709.85%	-279.99%	-77.34%	5.18%	-159.53%	70.43%	85.58%
Operating Margin	-4,416.62%	-5,369.62%	-4,878.23%	-756.74%	-137.74%	-128.66%	-14.01%	-197.82%	-22.46%	40.78%
EBIT Margin	-4,412.53%	-3,360.31%	-4,880.04%	-776.99%	-313.92%	-116.77%	-7.12%	-201.14%	-19.44%	29.24%
Profit (Net Income) Margin	-4,421.09%	-4,418.70%	-7,406.05%	-767.53%	-296.96%	-116.77%	-7.24%	-196.61%	-17.63%	29.05%
Tax Burden Percent	100.00%	135.31%	110.72%	98.70%	99.30%	100.00%	101.67%	97.75%	90.67%	99.32%
Interest Burden Percent	100.19%	97.18%	137.07%	100.09%	95.26%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.68%
Return on Invested Capital (ROIC)	-483.01%	-1,398.13%	-389.03%	-4,513.78%	-234.55%	-34.85%	-3.88%	-36.89%	-4.01%	6.78%
ROIC Less NNEP Spread (ROIC-NNEP)	-468.86%	-1,393.94%	-353.05%	-4,442.40%	-125.32%	-32.17%	-5.88%	17.49%	-2.74%	23.08%
Return on Net Nonoperating Assets (RNNOA)	438.95%	1,370.55%	327.15%	4,291.26%	102.39%	25.54%	1.98%	-3.88%	0.76%	-2.43%
Return on Equity (ROE)	-44.06%	-27.57%	-61.88%	-222.52%	-132.16%	-9.30%	-1.90%	-40.77%	-3.26%	4.35%
Cash Return on Invested Capital (CROIC)	-453.12%	0.00%	-284.54%	0.00%	-210.70%	-176.74%	-184.08%	-26.19%	-36.54%	-79.64%
Operating Return on Assets (OROA)	-35.25%	-17.15%	-37.94%	-184.17%	-97.03%	-9.09%	-1.69%	-36.69%	-3.24%	3.68%
Return on Assets (ROA)	-35.32%	-22.55%	-57.57%	-181.92%	-91.79%	-9.09%	-1.71%	-35.86%	-2.94%	3.66%
Return on Common Equity (ROCE)	-44.06%	-27.57%	-53.73%	-192.60%	-137.37%	-9.30%	-1.90%	-40.77%	-3.26%	4.35%
Return on Equity Simple (ROE_SIMPLE)	-54.49%	-28.64%	-40.87%	-1,040.49%	-77.37%	-5.09%	-1.14%	-44.25%	-2.62%	3.48%
Net Operating Profit after Tax (NOPAT)	-6.12	-3.63	-9.21	-42	-6.59	-11	-21	-359	-44	153
NOPAT Margin	-3,091.64%	-3,758.73%	-3,414.76%	-529.72%	-96.42%	-90.07%	-9.81%	-138.48%	-15.72%	40.50%
Net Nonoperating Expense Percent (NNEP)	-14.15%	-4.19%	-35.99%	-71.38%	-109.23%	-2.68%	2.00%	-54.38%	-1.27%	-16.30%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-31.17%	-2.34%	4.09%
Cost of Revenue to Revenue	15.44%	0.00%	9.34%	74.19%	89.18%	51.74%	38.50%	74.74%	90.61%	69.76%
SG&A Expenses to Revenue	3,411.18%	4,561.92%	2,712.20%	265.88%	133.96%	84.85%	41.00%	26.03%	35.75%	70.86%
R&D to Revenue	1,090.00%	257.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	4,501.18%	5,469.62%	4,978.23%	782.55%	148.56%	176.92%	75.51%	223.09%	31.85%	-10.54%
Earnings before Interest and Taxes (EBIT)	-8.74	-3.25	-13	-61	-21	-14	-15	-521	-55	110
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-8.49	-3.16	-7.52	-56	-19	-9.34	11	-413	198	322
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.52	1.03	5.75	3.83	1.06	3.12	1.92	0.35	1.69	1.08
Price to Tangible Book Value (P/TBV)	0.52	1.10	6.11	4.85	1.08	3.13	2.59	0.35	1.71	1.14
Price to Revenue (P/Rev)	42.46	159.42	876.37	2.79	4.05	71.62	12.14	1.53	11.38	9.01
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	31.01
Dividend Yield	0.00%	0.00%	3.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.22%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	37.85	0.00	1.16	12.02	2.21	0.18	2.02	1.08
Enterprise Value to Revenue (EV/Rev)	0.00	26.04	742.82	1.62	1.54	53.11	10.62	0.64	9.21	9.22
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	205.13	0.00	13.08	10.77
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	31.53
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	22.77
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	314.94	78.14	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.13	0.01	0.00	0.38	0.00	0.00	0.00	0.00	0.00	0.19
Long-Term Debt to Equity	0.11	0.00	0.00	0.38	0.00	0.00	0.00	0.00	0.00	0.19
Financial Leverage	-0.94	-0.98	-0.93	-0.97	-0.82	-0.79	-0.34	-0.22	-0.28	-0.11
Leverage Ratio	1.25	1.22	1.07	1.22	1.44	1.02	1.11	1.14	1.11	1.19
Compound Leverage Factor	1.25	1.19	1.47	1.22	1.37	1.02	1.11	1.14	1.11	1.19
Debt to Total Capital	11.75%	0.93%	0.27%	27.41%	0.00%	0.00%	0.00%	0.00%	0.04%	15.68%
Short-Term Debt to Total Capital	1.65%	0.93%	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.01%
Long-Term Debt to Total Capital	10.10%	0.00%	0.00%	27.41%	0.00%	0.00%	0.00%	0.00%	0.03%	15.67%
Preferred Equity to Total Capital	0.00%	0.00%	15.56%	1.12%	0.08%	0.01%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	1.52%	-20.95%	-0.03%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	88.25%	99.07%	82.64%	92.42%	99.94%	99.99%	100.00%	100.00%	99.96%	84.32%
Debt to EBITDA	-0.25	-0.04	-0.02	-0.03	0.00	0.00	0.00	0.00	0.00	1.81
Net Debt to EBITDA	1.77	4.09	5.92	0.14	0.00	0.00	0.00	0.00	-3.08	0.25
Long-Term Debt to EBITDA	-0.22	0.00	0.00	-0.03	0.00	0.00	0.00	0.00	0.00	1.81
Debt to NOPAT	-0.35	-0.04	-0.01	-0.04	0.00	0.00	0.00	0.00	-0.02	3.83
Net Debt to NOPAT	2.45	3.55	4.83	0.19	0.00	0.00	0.00	0.00	13.81	0.53
Long-Term Debt to NOPAT	-0.30	0.00	0.00	-0.04	0.00	0.00	0.00	0.00	-0.01	3.83
Altman Z-Score	-6.56	-4.39	48.76	-32.84	-7.74	168.50	9.19	-0.20	11.78	2.65
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	13.17%	13.45%	-3.94%	0.01%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	9.16	13.03	40.74	0.35	3.75	98.57	5.14	3.65	8.33	3.74
Quick Ratio	9.02	12.36	40.03	0.03	2.21	93.19	3.08	2.12	5.14	2.74
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-5.75	-2.00	-15	-33	-19	-55	-992	-255	-402	-1,793
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	-91.68%	-310.91%	-35.64%	-58.51%	0.35%	17.66%	-110.83%
Free Cash Flow to Firm to Interest Expense	-58.05	-66.24	-3.13	-266.77	-156.68	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	-69.41	-183.01	-0.92	-154.89	-126.35	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	-69.32	-123.04	-0.92	-323.85	-166.99	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.01	0.01	0.01	0.24	0.31	0.08	0.24	0.18	0.17	0.13
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	12.25	10.87	14.53
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.10	0.10	0.13	3.63	2.69	1.59	1.49	0.53	0.40	0.37
Accounts Payable Turnover	0.05	0.00	0.08	2.75	2.68	8.71	7.91	10.07	12.23	12.89
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	29.81	33.58	25.11
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	6,793.68	0.00	4,810.29	132.92	136.07	41.90	46.14	36.26	29.85	28.31
Cash Conversion Cycle (CCC)	-6,793.68	0.00	-4,810.29	-132.92	-136.07	-41.90	-46.14	-6.45	3.72	-3.20
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1.08	-0.56	5.29	-3.45	9.07	53	1,025	921	1,279	3,224
Invested Capital Turnover	0.16	0.37	0.11	8.52	2.43	0.39	0.40	0.27	0.26	0.17
Increase / (Decrease) in Invested Capital	-0.38	-1.64	5.85	-8.74	13	44	972	-104	358	1,945
Enterprise Value (EV)	-6.58	2.52	200	13	11	642	2,265	167	2,585	3,473
Market Capitalization	8.41	15	236	22	28	865	2,589	398	3,195	3,393
Book Value per Share	$0.52	$3.31	$4.94	$0.39	$1.06	$5.44	$11.63	$9.82	$9.14	$9.46
Tangible Book Value per Share	$0.52	$3.10	$4.65	$0.31	$1.04	$5.43	$8.61	$9.64	$9.07	$8.99
Total Capital	18	15	50	6.19	26	277	1,348	1,151	1,889	3,728
Total Debt	2.14	0.14	0.14	1.70	0.00	0.00	0.00	0.00	0.78	585
Total Long-Term Debt	1.84	0.00	0.00	1.70	0.00	0.00	0.00	0.00	0.53	584
Net Debt	-15	-13	-45	-7.94	-17	-224	-323	-231	-610	80
Capital Expenditures (CapEx)	-0.01	-1.81	0.00	21	4.96	7.99	147	152	187	230
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1.24	-0.21	-0.17	-4.57	1.82	10	132	92	291	-46
Debt-free Net Working Capital (DFNWC)	15	13	41	-4.35	9.26	234	455	322	888	439
Net Working Capital (NWC)	15	13	41	-4.35	9.26	234	455	322	888	439
Net Nonoperating Expense (NNE)	2.63	0.64	11	19	14	3.23	-5.47	151	5.34	43
Net Nonoperating Obligations (NNO)	-15	-15	-44	-7.94	-17	-224	-323	-231	-610	80
Total Depreciation and Amortization (D&A)	0.25	0.09	5.64	5.27	2.32	4.76	26	108	252	212
Debt-free, Cash-free Net Working Capital to Revenue	-624.85%	-215.77%	-61.53%	-58.28%	26.61%	86.80%	61.71%	35.31%	103.55%	-12.26%
Debt-free Net Working Capital to Revenue	7,533.36%	13,265.87%	15,384.74%	-55.41%	135.42%	1,935.83%	213.24%	124.18%	316.31%	116.66%
Net Working Capital to Revenue	7,381.28%	13,121.49%	15,334.47%	-55.41%	135.42%	1,935.83%	213.24%	124.18%	316.22%	116.58%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($2.24)	($1.05)	($3.30)	($4.33)	($1.02)	($0.30)	$0.00	$0.00	($0.28)	$0.40
Adjusted Weighted Average Basic Shares Outstanding	3.87M	5.40M	6.02M	13.40M	31.03M	84.12M	0.00	0.00	175.03M	275.98M
Adjusted Diluted Earnings per Share	($2.24)	($1.05)	($3.30)	($4.33)	($1.02)	($0.30)	$0.00	$0.00	($0.28)	$0.34
Adjusted Weighted Average Diluted Shares Outstanding	3.87M	5.40M	6.02M	13.40M	31.03M	84.12M	0.00	0.00	175.03M	318.93M
Adjusted Basic & Diluted Earnings per Share	($2.24)	($1.05)	($3.30)	($4.33)	($1.02)	($0.30)	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	3.87M	4.07M	6.02M	13.40M	19.60M	41.98M	0.00	0.00	253.54M	350.21M
Normalized Net Operating Profit after Tax (NOPAT)	-6.12	-3.63	-5.56	-17	-5.98	-6.24	25	-14	-40	175
Normalized NOPAT Margin	-3,091.64%	-3,758.73%	-2,060.22%	-215.04%	-87.42%	-51.66%	11.51%	-5.59%	-14.39%	46.56%
Pre Tax Income Margin	-4,421.09%	-3,265.62%	-6,688.86%	-777.67%	-299.05%	-116.77%	-7.12%	-201.14%	-19.44%	29.24%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-88.32	-107.73	-2.74	-495.57	-175.93	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	-61.88	-120.51	-1.92	-337.86	-54.03	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	-88.24	-47.76	-2.74	-664.53	-216.57	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	-61.80	-60.54	-1.92	-506.81	-94.67	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	-47.88%	-0.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	-49.84%	-0.50%	0.00%	-3.16%	-32.92%	-3.29%	-62.04%	29.21%

This table displays calculated financial ratios and metrics derived from Riot Platforms' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-28.57%	-33.82%	-8.21%	5.20%	12.10%	31.03%	8.27%	-8.76%	63.39%	80.88%
EBITDA Growth	-306.70%	-467.21%	42.70%	111.33%	-76.81%	186.04%	232.32%	-223.03%	-502.79%	116.22%
EBIT Growth	-352.52%	-524.77%	-63.29%	92.38%	-126.63%	123.90%	1,463.46%	-209.42%	-92.44%	248.33%
NOPAT Growth	-765.13%	-481.07%	-38.36%	90.89%	-130.08%	130.23%	758.86%	-263.67%	-47.21%	444.76%
Net Income Growth	-111.40%	-493.96%	-49.39%	92.25%	-146.77%	124.63%	1,043.94%	-208.35%	-92.86%	245.91%
EPS Growth	0.00%	0.00%	-64.52%	94.10%	-109.52%	120.19%	636.36%	-100.00%	-22.73%	85.71%
Operating Cash Flow Growth	139.83%	105.93%	171.41%	-223.35%	-145.92%	2,914.39%	-278.76%	-11.44%	-813.57%	-318.40%
Free Cash Flow Firm Growth	45.08%	99.03%	135.00%	105.87%	83.49%	-3,276.93%	-273.43%	-2,614.78%	-1,813.71%	-443.71%
Invested Capital Growth	49.17%	-10.16%	-28.56%	-6.38%	0.29%	38.85%	96.46%	103.24%	103.28%	152.15%
Revenue Q/Q Growth	-36.54%	29.94%	21.76%	4.78%	-32.38%	51.88%	0.61%	-11.70%	21.09%	68.14%
EBITDA Q/Q Growth	97.38%	-1,234.14%	167.31%	-47.88%	-140.89%	749.22%	264.80%	-119.29%	-100.36%	332.87%
EBIT Q/Q Growth	90.12%	-365.34%	108.70%	-301.38%	-194.03%	149.08%	4,455.83%	-139.85%	-82.87%	188.84%
NOPAT Q/Q Growth	89.84%	-352.78%	120.88%	-194.86%	-156.49%	159.49%	49,376.28%	-140.17%	-3.82%	320.16%
Net Income Q/Q Growth	90.83%	-393.72%	111.56%	-247.93%	-192.26%	149.28%	4,380.16%	-139.88%	-82.79%	188.39%
EPS Q/Q Growth	92.25%	-395.24%	110.58%	-245.45%	-175.00%	147.73%	3,950.00%	-139.51%	-68.75%	172.22%
Operating Cash Flow Q/Q Growth	-56.58%	-88.87%	2,066.20%	-217.87%	83.84%	830.38%	-228.46%	26.52%	-32.51%	-74.60%
Free Cash Flow Firm Q/Q Growth	48.89%	97.40%	4,119.89%	-89.01%	-243.84%	-431.46%	-86.80%	-59.35%	-9.46%	-50.99%
Invested Capital Q/Q Growth	2.58%	-11.62%	-1.88%	5.25%	9.89%	22.35%	38.91%	8.89%	9.91%	51.76%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	7.80%	5.18%	13.81%	16.65%	-22.91%	19.47%	40.60%	23.39%	13.98%	37.52%
EBITDA Margin	-19.13%	-196.37%	100.29%	49.88%	-30.17%	128.94%	307.80%	-67.26%	-111.29%	154.13%
Operating Margin	-77.50%	-270.08%	23.72%	-41.94%	-159.08%	43.53%	257.19%	-167.16%	-143.32%	132.02%
EBIT Margin	-76.45%	-273.78%	18.49%	-35.54%	-154.55%	49.95%	267.04%	-120.53%	-182.02%	96.18%
Profit (Net Income) Margin	-70.07%	-266.24%	25.28%	-35.69%	-154.25%	50.05%	267.07%	-120.61%	-182.06%	95.70%
Tax Burden Percent	91.66%	98.22%	136.69%	100.41%	99.80%	100.20%	100.01%	100.07%	100.02%	99.50%
Interest Burden Percent	100.00%	99.01%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	0.00%	0.00%	-36.69%	0.00%	0.00%	-0.20%	-0.01%	0.00%	0.00%	0.50%
Return on Invested Capital (ROIC)	-18.08%	-50.36%	7.56%	-7.66%	-27.96%	11.13%	55.07%	-22.73%	-19.81%	21.98%
ROIC Less NNEP Spread (ROIC-NNEP)	-13.63%	-33.61%	10.92%	-5.93%	-19.91%	9.93%	53.32%	-22.19%	-4.75%	41.18%
Return on Net Nonoperating Assets (RNNOA)	2.17%	7.45%	-1.37%	1.32%	4.17%	-2.74%	-13.29%	5.46%	1.07%	-4.33%
Return on Equity (ROE)	-15.91%	-42.92%	6.18%	-6.34%	-23.79%	8.39%	41.79%	-17.26%	-18.74%	17.65%
Cash Return on Invested Capital (CROIC)	-69.89%	-26.19%	-1.18%	-8.58%	-17.72%	-36.54%	-55.84%	-65.41%	-68.13%	-79.64%
Operating Return on Assets (OROA)	-18.41%	-49.93%	3.34%	-6.52%	-27.84%	8.32%	39.66%	-16.53%	-26.02%	12.10%
Return on Assets (ROA)	-16.87%	-48.56%	4.56%	-6.55%	-27.79%	8.33%	39.66%	-16.55%	-26.03%	12.04%
Return on Common Equity (ROCE)	-15.91%	-42.92%	6.18%	-6.34%	-23.79%	8.39%	41.79%	-17.26%	-18.74%	17.65%
Return on Equity Simple (ROE_SIMPLE)	-28.97%	0.00%	-48.31%	-16.23%	-18.58%	0.00%	5.81%	3.36%	0.45%	0.00%
Net Operating Profit after Tax (NOPAT)	-25	-114	24	-23	-58	34	204	-82	-85	187
NOPAT Margin	-54.25%	-189.05%	32.43%	-29.36%	-111.35%	43.62%	257.22%	-117.01%	-100.32%	131.36%
Net Nonoperating Expense Percent (NNEP)	-4.45%	-16.76%	-3.36%	-1.73%	-8.05%	1.21%	1.76%	-0.54%	-15.06%	-19.20%
Return On Investment Capital (ROIC_SIMPLE)	-	-9.88%	-	-	-	1.82%	-	-	-	5.02%
Cost of Revenue to Revenue	92.20%	94.82%	86.19%	83.35%	122.91%	80.53%	59.40%	76.61%	86.02%	62.48%
SG&A Expenses to Revenue	34.57%	49.59%	17.31%	25.85%	56.02%	49.19%	72.70%	87.39%	78.95%	56.92%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	85.30%	275.25%	-9.91%	58.59%	136.17%	-24.06%	-216.59%	190.55%	157.29%	-94.50%
Earnings before Interest and Taxes (EBIT)	-35	-165	14	-27	-80	39	212	-84	-154	137
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-8.85	-118	73	38	-16	102	244	-47	-94	220
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.83	0.35	1.53	1.67	1.29	1.69	1.02	1.02	0.82	1.08
Price to Tangible Book Value (P/TBV)	0.84	0.35	1.56	1.69	1.31	1.71	1.03	1.03	0.85	1.14
Price to Revenue (P/Rev)	3.74	1.53	6.60	8.07	6.60	11.38	8.82	9.43	7.20	9.01
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	17.58	30.43	181.51	31.01
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.69%	3.29%	0.55%	3.22%
Enterprise Value to Invested Capital (EV/IC)	0.79	0.18	1.64	1.87	1.37	2.02	1.03	1.03	0.77	1.08
Enterprise Value to Revenue (EV/Rev)	2.85	0.64	5.86	6.94	5.47	9.21	6.37	7.10	5.20	9.22
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	13.08	4.96	7.02	7.97	10.77
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	12.72	22.97	131.30	31.53
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	14.78	51.29	0.00	22.77
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	314.94	18.92	194.71	0.00	78.14	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.19
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.19
Financial Leverage	-0.16	-0.22	-0.13	-0.22	-0.21	-0.28	-0.25	-0.25	-0.23	-0.11
Leverage Ratio	1.16	1.14	1.13	1.11	1.10	1.11	1.08	1.07	1.07	1.19
Compound Leverage Factor	1.16	1.13	1.13	1.11	1.10	1.11	1.08	1.07	1.07	1.19
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.04%	0.00%	0.00%	0.23%	15.68%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.00%	0.00%	0.02%	0.01%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.03%	0.00%	0.00%	0.20%	15.67%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	99.96%	100.00%	100.00%	99.77%	84.32%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.03	1.81
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	-3.08	0.00	0.00	-3.06	0.25
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.03	1.81
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	-0.02	0.00	0.00	-20.56	3.83
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	13.81	0.00	0.00	2,053.04	0.53
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	-0.01	0.00	0.00	-18.40	3.83
Altman Z-Score	4.07	0.69	5.90	10.14	8.56	11.93	11.55	11.33	7.58	2.67
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	4.45	3.65	3.26	6.49	7.22	8.33	8.47	7.65	5.68	3.74
Quick Ratio	2.56	2.12	1.59	4.07	4.26	5.14	7.58	6.71	4.45	2.74
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-369	-9.57	385	42	-61	-323	-668	-1,064	-1,164	-1,758
Operating Cash Flow to CapEx	23.54%	8.75%	43.76%	-113.98%	-15.12%	98.99%	-100.68%	-79.37%	-74.60%	-225.71%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.24	0.18	0.18	0.18	0.18	0.17	0.15	0.14	0.14	0.13
Accounts Receivable Turnover	27.59	12.25	14.09	17.52	17.43	10.87	16.86	20.85	22.33	14.53
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.68	0.53	0.48	0.46	0.40	0.40	0.37	0.32	0.34	0.37
Accounts Payable Turnover	12.63	10.07	13.65	14.46	22.99	12.23	14.36	25.75	22.15	12.89
Days Sales Outstanding (DSO)	13.23	29.81	25.90	20.83	20.94	33.58	21.65	17.51	16.35	25.11
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	28.89	36.26	26.75	25.25	15.87	29.85	25.42	14.18	16.48	28.31
Cash Conversion Cycle (CCC)	-15.66	-6.45	-0.85	-4.41	5.07	3.72	-3.76	3.33	-0.13	-3.20
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,042	921	903	951	1,045	1,279	1,775	1,933	2,124	3,224
Invested Capital Turnover	0.33	0.27	0.23	0.26	0.25	0.26	0.21	0.19	0.20	0.17
Increase / (Decrease) in Invested Capital	343	-104	-361	-65	3.06	358	871	982	1,079	1,945
Enterprise Value (EV)	826	167	1,479	1,779	1,433	2,585	1,827	1,988	1,627	3,473
Market Capitalization	1,083	398	1,668	2,069	1,729	3,195	2,528	2,639	2,252	3,393
Book Value per Share	$8.41	$9.82	$6.54	$7.09	$7.24	$9.14	$9.54	$8.95	$9.06	$9.46
Tangible Book Value per Share	$8.32	$9.64	$6.42	$6.98	$7.14	$9.07	$9.48	$8.91	$8.70	$8.99
Total Capital	1,299	1,151	1,092	1,241	1,341	1,889	2,475	2,585	2,755	3,728
Total Debt	0.00	0.00	0.00	0.00	0.00	0.78	0.00	0.00	6.26	585
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.53	0.00	0.00	5.60	584
Net Debt	-257	-231	-189	-290	-296	-610	-700	-652	-625	80
Capital Expenditures (CapEx)	57	17	74	33	41	45	57	54	76	44
Debt-free, Cash-free Net Working Capital (DFCFNWC)	113	92	66	119	152	291	3.95	7.74	-27	-46
Debt-free Net Working Capital (DFNWC)	370	322	254	408	442	888	692	647	591	439
Net Working Capital (NWC)	370	322	254	408	442	888	692	647	591	439
Net Nonoperating Expense (NNE)	7.32	46	5.24	4.86	22	-5.07	-7.81	2.52	69	51
Net Nonoperating Obligations (NNO)	-257	-231	-189	-290	-296	-610	-700	-652	-625	80
Total Depreciation and Amortization (D&A)	27	47	60	66	65	62	32	37	60	83
Debt-free, Cash-free Net Working Capital to Revenue	38.87%	35.31%	26.06%	46.51%	58.08%	103.55%	1.38%	2.76%	-8.70%	-12.26%
Debt-free Net Working Capital to Revenue	127.57%	124.18%	100.39%	159.28%	168.80%	316.31%	241.49%	230.89%	188.96%	116.66%
Net Working Capital to Revenue	127.57%	124.18%	100.39%	159.28%	168.80%	316.22%	241.49%	230.89%	188.76%	116.58%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.24)	($1.04)	($0.33)	($0.17)	($0.25)	$0.21	$0.82	($0.32)	($0.54)	$0.44
Adjusted Weighted Average Basic Shares Outstanding	153.90M	139.43M	167.34M	167.34M	180.95M	175.03M	259.51M	264.63M	286.24M	275.98M
Adjusted Diluted Earnings per Share	$0.00	($1.04)	($0.33)	($0.01)	($0.25)	$0.21	$0.81	($0.32)	($0.54)	$0.39
Adjusted Weighted Average Diluted Shares Outstanding	153.90M	139.43M	167.34M	167.34M	180.95M	175.03M	262.36M	264.63M	286.24M	318.93M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	167.30M	166.98M	175.08M	185.31M	206.52M	253.54M	288.78M	303.52M	332.33M	350.21M
Normalized Net Operating Profit after Tax (NOPAT)	-28	-77	12	-23	-54	24	143	-82	-83	187
Normalized NOPAT Margin	-61.28%	-128.63%	16.61%	-29.33%	-104.20%	30.47%	180.03%	-116.94%	-97.78%	131.36%
Pre Tax Income Margin	-76.45%	-271.08%	18.49%	-35.54%	-154.55%	49.95%	267.04%	-120.53%	-182.02%	96.18%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-3.50%	-3.29%	-0.60%	-8.96%	-5.70%	-62.04%	10.24%	9.32%	93.39%	29.21%

Frequently Asked Questions About Riot Platforms' Financials

When does Riot Platforms's fiscal year end?

According to the most recent income statement we have on file, Riot Platforms' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Riot Platforms' net income changed over the last 9 years?

Riot Platforms' net income appears to be on an upward trend, with a most recent value of $109.40 million in 2024, falling from -$8.76 million in 2015. The previous period was -$49.47 million in 2023.

What is Riot Platforms's operating income?

Riot Platforms's total operating income in 2024 was $153.59 million, based on the following breakdown:

Total Gross Profit: $113.90 million
Total Operating Expenses: -$39.69 million

How has Riot Platforms revenue changed over the last 9 years?

Over the last 9 years, Riot Platforms' total revenue changed from $198.09 thousand in 2015 to $376.66 million in 2024, a change of 190,048.7%.

How much debt does Riot Platforms have?

Riot Platforms' total liabilities were at $791.62 million at the end of 2024, a 385.5% increase from 2023, and a 16,421.2% increase since 2015.

How much cash does Riot Platforms have?

In the past 9 years, Riot Platforms' cash and equivalents has ranged from $225 thousand in 2018 to $597.17 million in 2023, and is currently $277.86 million as of their latest financial filing in 2024.

How has Riot Platforms' book value per share changed over the last 9 years?

Over the last 9 years, Riot Platforms' book value per share changed from 0.52 in 2015 to 9.46 in 2024, a change of 1,724.1%.

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This page (NASDAQ:RIOT) was last updated on 4/24/2025 by MarketBeat.com Staff

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Riot Platforms (RIOT) Financials

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