Riot Platforms is a large-scale Bitcoin mining company focused on owning and operating industrial mining facilities, primarily in the United States. It runs high-density computing fleets that convert electricity into newly minted bitcoin and related digital assets. The business model centers on hash-rate scale, power costs and vertical integration of mining infrastructure rather than traditional financial intermediation.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 153 | — | 219.4 | — |
| Q3 2025 | 180.2 | — | 104.5 | — |
| Q4 2025 | 152.8 | — | -690.8 | — |
| Q1 2026 | 167.2 | — | -500.5 | — |
| Q2 2026 | 174.2 | 13.9% | -237.2 | -208.1% |
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