For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Gain on contract settlement | - | 460* | - | -158,137 |
| Loss on legal settlement | - | -5,000* | - | - |
| Loss on acquisition post-close dispute settlement | - | -52,014* | - | 26,007 |
| Total revenue | 167,219 | 152,831 | 180,229 | 152,988 |
| Loss (gain) on sale/exchange of equipment | 0 | 4 | 2,742 | -350 |
| Change in fair value of contingent consideration | 0 | -430 | 1 | -9,390 |
| Casualty-related charges (recoveries), net | 0 | 75* | -47 | -119 |
| Cost of revenue (excludes depreciation and amortization presented below)-Mining | 86,762 | 90,253 | 95,765 | 78,175 |
| Cost of revenue (excludes depreciation and amortization presented below)-Engineering | 18,141 | 15,522 | 13,707 | 9,858 |
| Cost of revenue (excludes depreciation and amortization presented below)-Other Revenue | - | -5,985* | - | 3,006 |
| Acquisition-related costs | - | -93* | - | 111 |
| Selling, general, and administrative | 76,180 | 81,594 | 69,832 | 75,902 |
| Depreciation and amortization | 97,734 | 102,759 | 82,929 | 83,197 |
| Change in fair value of bitcoin | -326,669 | -511,772 | 133,120 | 470,812 |
| Change in fair value of derivative asset | -51,852 | -11,386 | 10,792 | -42,747 |
| Power curtailment credits | -21,023 | -9,981 | -30,634 | -8,313 |
| Impairment of property and equipment | 0 | -16,101* | 15,279 | - |
| Total costs and expenses | 667,088 | 837,320 | 100,178 | -63,158 |
| Operating income (loss) | -499,869 | -684,489 | 80,051 | 216,146 |
| Gain (loss) on equity method investment - marketable securities | 0 | -4,318* | 28,903 | 6,143 |
| Interest income | 2,313 | 3,334 | 3,919 | 3,334 |
| Loss on convertible notes investment | - | -1,439* | - | - |
| Interest expense | 2,618 | 7,691 | 8,052 | 6,093 |
| Other income (expense) | -12 | 1,263 | 1,344 | 244 |
| Total other income (expense) | -317 | -8,851 | 26,114 | 3,628 |
| Net income (loss) before taxes | -500,186 | -693,340 | 106,165 | 219,774 |
| Current income tax benefit (expense) | 291 | -2,592 | 1,685 | 320 |
| Total income tax benefit (expense) | - | -2,592 | - | - |
| Net income (loss) | -500,477 | -690,748 | 104,480 | 219,454 |
| Basic EPS | -1.44 | -1.974 | 0.3 | 0.65 |
| Diluted EPS | -1.44 | -2.791 | 0.26 | 0.58 |
| Basic Average Shares | 347,624,244 | 350,004,979 | 347,085,375 | 336,278,380 |
| Diluted Average Shares | 347,624,244 | 247,511,884 | 403,179,486 | 382,677,364 |
Riot Platforms, Inc. (RIOT)
Riot Platforms, Inc. (RIOT)