For the quarter ending 2026-03-31, RIOT had -$27,250K decrease in cash & cash equivalents over the period. -$298,116K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | -500,477 | -690,748 | 104,480 | 219,454 |
| Stock-based compensation | 39,166 | 33,157 | 32,858 | 30,120 |
| Depreciation and amortization | 97,734 | 102,759 | 82,929 | 83,197 |
| Amortization of license fee revenue | - | 0 | -364 | 0 |
| Noncash lease expense | 2,158 | 2,059 | 1,614 | 1,390 |
| Amortization of debt issuance costs | 1,367 | 1,052 | 1,367 | 1,124 |
| Change in fair value of bitcoin | -326,669 | -511,772 | 133,120 | 470,812 |
| Change in fair value of derivatives | 51,852 | 11,386 | -10,792 | 42,747 |
| Change in fair value of contingent consideration | - | -430 | 1 | -9,390 |
| Loss on contract settlement | - | 0 | 0 | -35,518 |
| Loss on legal settlement | - | -20,000 | - | - |
| Gain on acquisition post-close dispute settlement | - | 0 | 0 | 26,007 |
| Impairment of property and equipment | - | 14,457 | 15,279 | - |
| (gain) loss on equity method investment - marketable securities | - | 0 | 28,903 | 6,143 |
| Loss on convertible notes investment | - | -5,757 | - | - |
| Loss (gain) on sale of equipment | - | 4 | 2,742 | -350 |
| Revenue recognized from bitcoin mined | 111,895 | 131,736 | 160,792 | 140,889 |
| (increase)/decrease in operating assets | 58,121 | 22,532 | -3,438 | 11,440 |
| Increase/(decrease) in operating liabilities | -31,104 | 37,523 | -19,268 | 19,456 |
| Net cash provided by (used in) operating activities | -182,651 | -105,528 | -114,015 | -231,325 |
| Acquisition of assets from rhodium | - | 0 | 0 | 7,250 |
| Acquisition of land | - | 97,521 | 50,858 | - |
| Deposits on equipment | 16,184 | 75,524 | 51,668 | 59,748 |
| Proceeds from sale of bitcoin | 289,484 | 244,533 | 159,151 | 131,802 |
| Security deposits | -42 | 1,628 | -146 | 0 |
| Proceeds from the sale of equity method investment - marketable securities | - | 0 | 91,411 | 14,662 |
| Purchases of property and equipment, including construction in progress | 115,465 | 82,459 | 25,688 | 60,377 |
| Purchases of right-of-use assets | - | 0 | 3,595 | - |
| Casualty-related recoveries | - | 8 | 47 | 119 |
| Proceeds from the sale of equipment | - | 6,827 | - | - |
| Net cash provided by (used in) investing activities | 157,793 | -2,508 | 118,654 | 19,208 |
| Proceeds from the issuance of common stock / at-the-market offering | - | 13,094 | 75,738 | 53,868 |
| Offering costs for the issuance of common stock / at-the-market offering | 372 | 573 | 1,619 | 1,211 |
| Proceeds from credit facility-Revolving Credit Facility | - | 0 | 0 | 61,000 |
| Repayments of revolving credit facilities | - | 0 | 0 | 6,728 |
| Proceeds from credit facility-Two Hundred Million Credit Facility | - | 0 | 0 | 200,000 |
| Debt issuance costs | - | 0 | 0 | 2,332 |
| Repurchase of common shares to pay employee withholding taxes | 2,020 | 1,053 | 2,649 | 103 |
| Net cash provided by (used in) financing activities | -2,392 | 11,468 | 71,470 | 304,494 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | -27,250 | -96,568 | 76,109 | 92,377 |
| Cash and cash equivalents and restricted cash at beginning of period | 309,789 | 406,357 | 330,248 | 237,871 |
| Cash and cash equivalents and restricted cash at end of period | 282,539 | 309,789 | 406,357 | 330,248 |
Riot Platforms, Inc. (RIOT)
Riot Platforms, Inc. (RIOT)