| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Cost of revenue (excludes depreciation and amortization presented below)-Other Revenue | - | 3,006 | 8,965 | 7,948 |
| Total revenue | 180,229 | 152,988 | 161,387 | 84,786 |
| Cost of revenue (excludes depreciation and amortization presented below)-Mining | 95,765 | 78,175 | 74,818 | 51,472 |
| Cost of revenue (excludes depreciation and amortization presented below)-Engineering | 13,707 | 9,858 | 11,806 | 13,517 |
| Selling, general, and administrative | 69,832 | 75,902 | 71,448 | 66,936 |
| Depreciation and amortization | 82,929 | 83,197 | 77,926 | 60,000 |
| Loss on contract settlement | - | -158,137 | - | - |
| Change in fair value of bitcoin | 133,120 | 470,812 | -208,040 | - |
| Acquisition-related costs | - | 111 | 76 | 3,079 |
| Change in fair value of derivative asset | 10,792 | -42,747 | 41,894 | -24,318 |
| Power curtailment credits | -30,634 | -8,313 | -7,801 | -12,417 |
| Gain on acquisition post-close dispute settlement | - | 26,007 | - | - |
| Change in fair value of contingent consideration | 1 | -9,390 | -8,252 | - |
| Change in fair value of bitcoin | - | - | - | -8,554 |
| Loss (gain) on sale/exchange of equipment | 2,742 | -350 | -129 | - |
| Casualty-related charges (recoveries), net | -47 | -119 | - | 0 |
| Impairment of property and equipment | 15,279 | - | - | - |
| Total costs and expenses | 100,178 | -63,158 | 395,261 | 206,299 |
| Operating income (loss) | 80,051 | 216,146 | -233,874 | -121,513 |
| Interest income | 3,919 | 3,334 | 3,397 | - |
| Interest expense | 8,052 | 6,093 | 2,308 | - |
| Gain (loss) on equity method investment - marketable securities | 28,903 | 6,143 | - | - |
| Other income (expense) | 1,344 | 244 | 93 | 90 |
| Unrealized gain (loss) on equity method investment - marketable securities | - | - | -63,238 | -38,082 |
| Interest income (expense) | - | - | - | 5,175 |
| Total other income (expense) | 26,114 | 3,628 | -62,056 | -32,817 |
| Net income (loss) before taxes | 106,165 | 219,774 | -295,930 | -154,330 |
| Current income tax benefit (expense) | 1,685 | 320 | 437 | 32 |
| Total income tax benefit (expense) | - | - | - | 32 |
| Net income (loss) | 104,480 | 219,454 | -296,367 | -154,362 |
| Earnings per share, basic | 0.3 | 0.65 | -0.9 | -0.54 |
| Earnings per share, diluted | 0.26 | 0.58 | -0.9 | -0.54 |
| Weighted average number of shares outstanding, basic | 347,085,375 | 336,278,380 | 329,508,458 | 286,243,674 |
| Weighted average number of shares outstanding, diluted | 403,179,486 | 382,677,364 | 329,508,458 | 286,243,674 |
Riot Platforms, Inc. (RIOT)
Riot Platforms, Inc. (RIOT)