Riot Platforms Inc is a vertically integrated digital infrastructure company principally engaged in developing and optimizing its large-scale power assets. The Company's business centers on enhancing its electrical infrastructure and deploying it across two complementary platforms: (i) Bitcoin Mining and (ii) scalable data center solutions designed to support non-mining workloads. The company's segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.
The chart shows the growth of an initial investment of $10,000 in Riot Platforms, Inc. Common Stock, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Riot Platforms, Inc. Common Stock (RIOT) has returned -1.15% so far this year and 97.85% over the past 12 months. Looking at the last ten years, RIOT has achieved an annualized return of 5.29%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Riot Platforms, Inc. Common Stock (RIOT) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 18.91% | 7.95% | -20.77% | 1.58% | ||||||||
| 2025 | 13.25% | -14.63% | -29.22% | 0.98% | 7.74% | 41.25% | 20.43% | 14.57% | 43.08% | 1.23% | -22.77% | -16.86% |
| 2024 | -36.15% | 29.54% | -14.35% | -16.10% | -1.12% | -8.87% | 8.87% | -25.45% | -0.80% | 24.86% | 34.15% | -18.97% |
| 2023 | 79.66% | 0.16% | 56.58% | 21.92% | 3.45% | 0.25% | 55.37% | -37.40% | -18.09% | -3.17% | 25.50% | 21.33% |
| 2022 | -29.00% | 4.05% | 16.38% | -50.78% | -28.74% | -41.81% | 72.64% | 0.56% | 0.72% | -2.55% | -34.60% | -27.56% |
| 2021 | 9.15% | 116.86% | 8.63% | -23.60% | -36.73% | 39.00% | -11.50% | 13.37% | -31.36% | 0.07% | 36.81% | -42.17% |
| 2020 | 18.42% | -16.18% | -28.19% | 45.78% | 81.36% | 3.74% | 19.46% | 20.69% | -23.30% | 20.66% | 159.20% | 107.96% |
| 2019 | 22.52% | 74.86% | 2.19% | 56.38% | -39.55% | -0.95% | -24.14% | -15.60% | -7.29% | -15.22% | -10.32% | -16.42% |
| 2018 | -51.75% | -18.05% | -33.33% | 10.91% | -2.24% | -8.51% | 3.34% | -5.69% | -44.19% | -36.90% | -21.52% | -21.76% |
| 2017 | -11.46% | 93.41% | 91.25% |
The charts below present risk-adjusted performance metrics for Riot Platforms, Inc. Common Stock (RIOT) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of RIOT compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Riot Platforms, Inc. Common Stock volatility is 4.80%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 3.94B | 2.05B | 1.32B | 1.53B | 280.15M | 30.38M | 13.86M | 52.34M |
| Equity Attributable To Parent (USD) | 2.86B | 1.89B | 1.15B | 1.36B | 277.07M | 26.24M | 5.79M | 48.87M |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - | -7.00K | -1.30M | 758.10K |
| Equity (USD) | 2.86B | 1.89B | 1.15B | 1.36B | 277.07M | 26.24M | 4.49M | 49.63M |
| Long-term Debt (USD) | 840.80M | - | - | - | - | - | - | - |
| Noncurrent Liabilities (USD) | 608.59M | 42.04M | 46.98M | 63.74M | 679.00K | 776.00K | 2.71M | 1.67M |
| Other Current Liabilities (USD) | 425.42M | 82.97M | 94.52M | 89.84M | 1.68M | 2.65M | 2.83M | 630.50K |
| Wages (USD) | 20.94M | 14.89M | 8.58M | - | - | - | - | - |
| Accounts Payable (USD) | 23.42M | 23.16M | 18.45M | 20.04M | 718.00K | 717.00K | 3.83M | 410.03K |
| Current Liabilities (USD) | 469.78M | 121.02M | 121.54M | 109.88M | 2.40M | 3.37M | 6.66M | 1.04M |
| Liabilities (USD) | 1.08B | 163.06M | 168.52M | 173.62M | 3.08M | 4.15M | 9.37M | 2.71M |
| Other Non-current Assets (USD) | 1.96B | 338.32M | 141.60M | 428.25M | 646.00K | 12.70M | 10.82M | 5.65M |
| Non-current Prepaid Expenses (USD) | - | - | 42.43M | 266.17M | 33.09M | - | - | - |
| Intangible Assets (USD) | - | - | - | - | - | - | 700.17K | - |
| Fixed Assets (USD) | 1.53B | 704.19M | 692.56M | 262.98M | 10.14M | 5.05M | 26.27K | 4.29M |
| Noncurrent Assets (USD) | 3.49B | 1.04B | 876.58M | 957.40M | 43.88M | 17.75M | 11.55M | 9.94M |
| Other Current Assets (USD) | - | - | - | - | - | 8.63M | - | 738.99K |
| Prepaid Expenses (USD) | - | - | - | - | - | 4.00M | - | - |
| Cash (USD) | - | - | - | - | - | - | - | 41.65M |
| Current Assets (USD) | 448.71M | 1.01B | 443.38M | 573.54M | 236.27M | 12.63M | 2.31M | 42.39M |
| Assets (USD) | 3.94B | 2.05B | 1.32B | 1.53B | 280.15M | 30.38M | 13.86M | 52.34M |
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Riot Platforms (NASDAQ: RIOT) announced its fourth quarter and year-end 2025 earnings conference call scheduled for Monday, March 2, 2026, at 4:30 P.M. EST. The company, a Bitcoin mining and data center development leader, will discuss its operations across facilities in Texas and Kentucky, along with its expansion into data center development.
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Broad Peak Investment Advisers acquired 1.41 million shares of Riot Platforms worth $17.86 million, representing 3.2% of the fund's AUM. The investment reflects confidence in Riot's diversified business model spanning Bitcoin mining and power infrastructure. Riot reported record Q3 revenue of $180.2 million with net income of $104.5 million, holding $330 million in cash and 19,300 bitcoin on its balance sheet.
Riot Platforms announced a major $311M lease agreement with AMD for its Rockdale, Texas facility, marking a strategic pivot from cryptocurrency mining to high-performance computing (HPC) infrastructure. The deal includes 25 MW of initial capacity with options to scale to 200 MW over a 10-year term. Riot's acquisition of the underlying 200-acre land for $96M enables permanent data center development. This shift introduces revenue stability through fixed-income contracts, with analyst price targets raised to $30-$31, reflecting the scarcity value of accessible power capacity in the AI data center market.
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Riot Platforms announced the appointment of Jason Chung as Chief Financial Officer effective March 1, 2026, succeeding Colin Yee who will transition to a Senior Advisor role. Chung, currently EVP of Corporate Development & Strategy with two decades of investment banking experience, will consolidate finance and strategy functions to align capital allocation with the company's long-term growth objectives in digital infrastructure and Bitcoin mining.
