Riot Platforms, Inc. (RIOT) is a Financials stock trading at $21.00 (as of 2026-08-20), with a market capitalization of $7.88B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. The company operates in two segments, Bitcoin Mining and Engineering. It offers comprehensive and critical infrastructure for institutional-scale Bitcoin mining facilities in Rockdale and Navarro counties, Texas; and two Bitcoin mining sites in Paducah, Kentucky. The company also designs and manufactures power distribution equipment and custom engineered electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale commercial and governmental customers, as well as data center, power generation, utility, water, industrial, and alternative energy markets. The company was founded in 2000 and is based in Castle Rock, Colorado.
Riot Platforms mines Bitcoin in the United States and also provides engineering and electrical power distribution products and services, earning money from Bitcoin mining revenue plus related hosting and data center activities, and from engineering and related contract revenue.
Profitability depends on turning the company’s deployed hash rate into Bitcoin mined, then keeping power costs and power-related impacts under control, while engineering revenue adds a separate stream tied to equipment and custom electrical product and installation work.
| Bitcoin | $0.1B |
| Engineering | $0.1B |
Business quality (Weak): Latest-quarter fundamentals are hard to reconcile cleanly from the provided segment revenue breakdowns (some line items exceed total revenue), and reported operating performance is highly negative (operating margin -298.9) with gross margin not provided, so investors should focus on the operational drivers (hash rate, power costs, uptime) as the main near-term read-through.
| Price | $21.00 |
| Market Cap | $7.88B |
| Price / Book | 3.59 |
| Price / Sales | 11.68 |
| FCF Yield | -9.9% |
| Revenue (TTM) | $647.43M |
| Net Margin | -102.4% |
| Revenue Growth (YoY) | 13.9% |
| EPS Growth (YoY) | -204.6% |
| FCF Growth (YoY) | -48.3% |
| Altman Z-Score | 3.58 (safe) |
| Sector P/E (Financials) | 15.1 |
| Industry P/E (Banking) | 12.9 |
| Top Institutional Holder | VANGUARD GROUP INC ($505.66M) |
| Institutional Holders Tracked | 10 |
| Sector | Financials |
| Industry | Banking |
| CEO | Jason Les |
| Employees | 783 |
| Country | US |
| IPO Date | 2016-03-31 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.