RI
RIOT.O
—
NASDAQ
Blockchain & Cryptocurrency
Riot.O
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
8,5B USD
P/E
—
EV / Rev
—
Div yield
—
Op margin
-96,1 %
ROE
-23,2 %
Net margin
-102,4 %
Debt / equity
0,29
Beta
—
52w range
—
Volume
40
Day range
—
Prev close
$27,74
Open
$26,72
Next earnings
2026-07-28
Ex-dividend
—
TR 1Y
—
About
RIOT is a blockchain and cryptocurrency company that operates mining facilities and earns revenue primarily through the mining and sale of Bitcoin and other cryptocurrencies.
Business. RIOT.O operates in the Blockchain & Cryptocurrency industry within the broader Financial Technology (Fintech) & Infrastructure sector. The company generates revenue through a fee-income model, consistent with industry peers such as exchanges and card networks. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not provided in the available data. Consequently, the business is described at the industry level without geographic or segment-specific breakdowns.
Classification92 %
SectorTechnology
Business sectorFinancial Technology (Fintech) & Infrastructure
IndustryBlockchain & Cryptocurrency
Generated · model-assisted
Sell-side consensus
BUY19 analysts
18 buy1 hold0 sell
Avg 12m price target25,47
Analyst recommendations
19 analysts · consensus BuyBuy18
Hold1
Sell0
12-month price target
25,47
Consensus of sell-side coverage.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
— missing data
News & coverage
0Sector rotation
Sector1D1Mvs mkt
Materials+2,2 %+1,6 %+2,4 %
Energy+1,2 %+5,3 %+1,4 %
Real Estate+0,7 %+4,1 %+0,8 %
Health Care+0,6 %−0,5 %+0,8 %
Consumer Discretionary+0,3 %+8,7 %+0,5 %
Information Technology · THIS SECTOR−0,3 %+6,5 %−0,1 %
Financials−0,3 %−4,5 %−0,1 %
Consumer Staples−1,0 %+3,0 %−0,8 %
Utilities−1,5 %−21,2 %−1,3 %
Industrials−1,7 %−2,3 %−1,6 %
Communication Services———
Developing storylines
No tracked sagas currently linked to RIOT.O. Browse all sagas →
Analysis
AI analysis
Generated · analysis pipeline · tier hybrid · as of 2026-07-07
↑ At a glance
Opportunity
— missing data
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ2 2026 earnings (expected)2026-07-28 · estimated
- Macro
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
- Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
- Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
— missing data
Signals & dispatch
peak dispatch · —
Composite-score breakdown
Composite score31 / 100
Composite score 0-100 · Data quality 0,58
Data quality0,58 / 1.00
Synthesis
Business
RIOT.O operates in the Blockchain & Cryptocurrency industry within the broader Financial Technology (Fintech) & Infrastructure sector. The company generates revenue through a fee-income model, consistent with industry peers such as exchanges and card networks. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not provided in the available data. Consequently, the business is described at the industry level without geographic or segment-specific breakdowns.
Classification92 %
SectorTechnology
Business sectorFinancial Technology (Fintech) & Infrastructure
IndustryBlockchain & Cryptocurrency
AI synthesis
GENERATEDRIOT's capital structure is characterized by a market price of $23.02 per share and a market capitalization of $8.7 billion, with a price-to-book ratio of 3.04 and a price-to-tangible-book ratio of 3.04. The company has a debt-to-equity ratio of 0.29, indicating a relatively low level of leverage. However, the company's liquidity is rated as medium, and it has a negative net cash position after subtracting total debt.
Profitability metrics show that RIOT is currently unprofitable, with a return on equity of -23.2% and a return on assets of -16.85%. The company reported a net loss of $663.18 million and an operating loss of $622.17 million in the latest period. These figures are significantly below the industry median for profitability metrics, indicating a challenging operating environment.
The company's revenue is concentrated in the blockchain and cryptocurrency segment, with no disclosed geographic diversification. This concentration increases the company's exposure to market volatility and regulatory changes in the cryptocurrency sector.
RIOT's growth trajectory is mixed, with a revenue of $647.44 million in the latest period. The company's outlook for the current fiscal year is uncertain, with no clear indication of improvement in profitability or cash flow. The company's capital expenditures of $357.01 million suggest ongoing investment in mining infrastructure, but this has not translated into positive operating cash flow.
The company faces several risk factors, including liquidity constraints and the potential for dilution. The risk assessment indicates a low probability of dilution, but the company's negative operating cash flow and high capital expenditures increase the risk of future dilution. The company's liquidity risk is moderate, but its credit risk is low due to its relatively low debt levels.
Recent events include the company's continued investment in mining operations and the impact of volatile cryptocurrency prices on its financial performance. The company's recent filings and transcripts highlight the challenges of operating in a highly volatile and regulated market.
Key takeaways
- RIOT is a blockchain and cryptocurrency company with a market capitalization of $8.7 billion and a price-to-book ratio of 3.04.
- The company is currently unprofitable, with a return on equity of -23.2% and a return on assets of -16.85%.
- RIOT's revenue is concentrated in the blockchain and cryptocurrency segment, with no disclosed geographic diversification.
- The company's liquidity is rated as medium, and it has a negative net cash position after subtracting total debt.
- RIOT's growth trajectory is mixed, with a revenue of $647.44 million in the latest period and no clear indication of improvement in profitability or cash flow.
Bull / Bear case
Generated · model-assisted— missing data
In focus — financials by report
Valuation
Market price
$22,57
Market cap
$8.70B
Enterprise valueⓘ
$9.31B
P/Eⓘ
—
Non-GAAP P/Eⓘ
—
EV / Revenueⓘ
—
EV / Op incomeⓘ
—
EV / OCFⓘ
—
P / Bⓘ
3.0x
P / Tangible bookⓘ
3.0x
Tangible book
$2.86B
Net cashⓘ
-$607.3M
Current ratioⓘ
1.0
Debt / equityⓘ
0.3
ROAⓘ
-16.9%
ROEⓘ
-23.2%
Cash conversionⓘ
86.0%
CapEx / revenueⓘ
-55.1%
SBC / revenueⓘ
—
Dilution ratioⓘ
0.0%
Revenue by segment
Business relationships
Business relationships6 disclosed relationships · 2 types · extracted from filings & disclosures
Vendors1
Coinbase Global, Inc.COIN.OVendor98%Source ↗
Subsidiaries5
EX21:2fd479c4ade9EX21:2fd479c4ade9Subsidiarie97%
EX21:67b729e2eb65EX21:67b729e2eb65Subsidiarie97%
EX21:8770cdc99df2EX21:8770cdc99df2Subsidiarie97%
EX21:be6917e40e12EX21:be6917e40e12Subsidiarie97%
EX21:f3dd1fb7a3f0EX21:f3dd1fb7a3f0Subsidiarie97%
Supply chain
Vendors → RIOT ↔ Partners → Customers · click any node to drill
1 mention in 10-K0 from corporate websites0 from news dispatches
Updated 2026-06-24Peer comparison
Peer comparison7 peers · vs RIOT · multiples and returns
CO
COIN—
Coinbase Global, Inc.
$167,07
44,2B USDP/E
—
— vs self
Div yield
—
— vs self
ROE
-2,9 %
+20,3 vs self
BK
BKKT—
Bakkt Inc
$8,92
373,6M USDP/E
—
— vs self
Div yield
—
— vs self
ROE
-95,1 %
-71,9 vs self
CA
CANG—
Cango INC/KY
$0,31
127,2M USDP/E
17,4x
— vs self
Div yield
—
— vs self
ROE
2,3 %
+25,5 vs self
CO
CORZ—
Core Scientific Inc
$22,81
7,2B USDP/E
—
— vs self
Div yield
—
— vs self
ROE
30,0 %
+53,2 vs self
HU
HUT—
Hut 8 Corp
$102,60
11,3B USDP/E
—
— vs self
Div yield
—
— vs self
ROE
-21,9 %
+1,3 vs self
AB
ABIT—
Athena Bitcoin Global
—
—P/E
—
— vs self
Div yield
—
— vs self
ROE
—
— vs self
KE
KEEL—
Keel Infrastructure Corp
$4,82
2,9B USDP/E
—
— vs self
Div yield
—
— vs self
ROE
-50,8 %
-27,6 vs self
Market position
Stress test
— missing data
Predictor forecast
Next quarternear-term
Earnings · next quarterconf 33 %
EPS
Consensus EPS
-1,38
Predicted surprise
-0,03
Beat probability
33 %
Analysts
19
Other metrics
Revenue
—
no estimate
Segment revenue
—
no estimate
Margin
—
no estimate
Segment margin
—
no estimate
as of 2026-05-06 · Earnings Surprise V1
Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
Full fiscal year~1 year ahead
Full fiscal year · our forecast vs guidance vs consensus
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -1,38 |
| Revenue | —no estimate | —no estimate | 619,4M USD |
| Operating income | —no estimate | —no estimate | -508,1M USD |
Full-year consensus mean (period as reported by source) · consensus in USD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
Probabilistic model output — not investment advice. · generated 2026-07-07
Options
— missing data
Short squeeze
— missing data
Earnings-call key lines
— missing data
Consensus distribution
sell-side coverageRecommendation distribution19 analysts
Strong buy4
Buy14
Hold1
Sell0
Strong sell0
12-month price target$25,47 · Median $25,00
Low $12,90High $38,00
Operating income · consensus-508,1M USD
EPS surprise
−41,8 %
reported vs consensus · miss
Revenue surprise
+4,5 %
reported vs consensus · beat
Estimate revisions
consensus EPS · 26-week trend— missing data
Sell-side observations
Low$12,90
Mean$25,47
Median$25,00
High$38,00
Spot$22,57
+12.8 %implied to mean12-month sell-side price targets · ▲ spot
Themes
— missing data
ESG
— missing data
Risk factors
Dilution riskLow
Liquidity riskMedium
Filing-based flags
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Op Margin-96,1 %Below median
Net Margin-102,4 %Below median
ROE-23,2 %Below median
Capex / Rev-55,1 %Bottom quartile
D/E0,29Bottom quartile
Cash Conv0,86Above median
Corporate actions / M&A
— missing data
FX exposure
— missing data
Comparable transactions
— missing data
Derivatives & instruments
Derivative transactions
Net acquired 157 853 sh1 grants1 insiders
- EVP, CFO · Restricted Stock Units → Common StockAcquired 157 853grant · 2026-01-01
Actions
Ask Handelsavisen
— missing data
Data sources
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
How metrics are computed
- Return On Equitynet_income / total_equity
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Market Capmarket_price * shares_outstanding_diluted
- Ev To Revenueenterprise_value / revenue
Source documents
- RIOT.O Market data — financials · 2026-05-29
- Riot Platforms Inc Market data — analyst estimates · 2026-05-29
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,03 %$0M
- Investment Managers · as of 2026-03-310,02 %$37M
- Investment Managers · as of 2026-03-310,02 %$87M
- Investment Managers · as of 2026-03-310,01 %$27M
- Institutional Investor · as of 2026-03-310,01 %$34M
- Institutional Investor · as of 2026-03-310,01 %$186M
- Institutional Investor · as of 2026-03-310,01 %$34M
- Investment Managers · as of 2025-12-310,01 %$506M
- Investment Managers · as of 2026-03-310,01 %$30M
- Investment Managers · as of 2026-03-310,01 %$111M
- Investment Managers · as of 2026-03-310,01 %$47M
- Investment Managers · as of 2026-03-310,01 %$39M
- Funds · as of 2026-03-310,01 %$33M
- Investment Managers · as of 2026-03-310,00 %$37M
- Investment Managers · as of 2024-06-300,00 %$196M
- Investment Managers · as of 2026-03-310,00 %$23M
- Investment Managers · as of 2026-03-310,00 %$20M
- Investment Managers · as of 2026-03-310,00 %$8M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$38M
- Investment Managers · as of 2024-12-310,00 %$8M
- Investment Managers · as of 2026-03-310,00 %$5M
- Brokerage Firms · as of 2026-03-310,00 %$7M
- Institutional Investor · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$14M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
Leadership
- Benjamin YiExecutive Chairman of the Board
Insider activity
Net selling0 buys · 10 sellsnet -$16,8M11 insiders · last 365d
- SVP, CAO · Common StockSold 25 375 @ $30,00$761K · 2026-06-22
- Director, CEO · Common StockSold 62 703 @ $30,09$1,9M · 2026-06-22
- SVP, CAO · Common StockSold 37 616 @ $26,50$997K · 2026-05-27
- Director, CEO · Common StockSold 175 000 @ $25,19$4,4M · 2026-05-11
- CDCO (See Remarks) · Common StockOther 1 147 910 · 2026-04-12
- COO · Common StockOther 394 632 · 2026-01-01
- SVP, CAO · Common StockOther 9 943 @ $12,67$126K · 2026-01-01
- SVP, CAO · Common StockOther 59 194 · 2026-01-01
- SVP, CAO · Common StockOther 118 388 · 2026-01-01
- Director, CEO · Common StockOther 473 559 · 2026-01-01
- Director, CEO · Common StockOther 947 118 · 2026-01-01
- COO · Common StockOther 29 482 @ $12,67$374K · 2026-01-01
- CDCO · Common StockOther 236 779 · 2026-01-01
- CDCO · Common StockOther 473 558 · 2026-01-01
- EVP, CORP DEV · Common StockOther 236 779 · 2026-01-01
- EVP, CORP DEV · Common StockOther 473 558 · 2026-01-01
- CHIEF LEGAL OFFICER (CLO) · Common StockOther 197 316 · 2026-01-01
- CHIEF LEGAL OFFICER (CLO) · Common StockOther 394 632 · 2026-01-01
- Director, EXECUTIVE CHAIRMAN · Common StockOther 473 559 · 2026-01-01
- Director, EXECUTIVE CHAIRMAN · Common StockOther 947 118 · 2026-01-01
- COO · Common StockOther 197 316 · 2026-01-01
- CDCO · Common StockOther 60 868 @ $15,48$942K · 2025-12-01
- SVP, CAO · Common StockSold 14 984 @ $23,00$345K · 2025-10-10
- Director, CEO · Common StockSold 113 948 @ $20,04$2,3M · 2025-10-03
- Director, CEO · Common StockSold 12 800 @ $20,00$256K · 2025-09-29
Short positioning
55.6Mshares short-10.9% vs prior
3.57days to cover
43.9%short of daily vol
7.1Kfails-to-deliver
as of 2026-06-15 · short-interest report (free)
Geographic breakdown
— missing data
Listings · one canonical issuer
all listings resolve to the canonical
RIOT.OCanonical
NASDAQ · USD
Intel & risk
peak dispatch · —
OSINT findings
Dilution riskLow
Liquidity riskMedium
Net cash is negative after subtracting total debt.
Relationship graph
This companySectorVendorsSubsidiaries
Evidence & claims
From filings & derived data- Net income (YoY) (2025-12-31 vs 2024-12-31): -706.2%Derived (calculated)
- Net margin (FY 2025-12-31): -102.4%Derived (calculated)
- Return on equity (FY 2025-12-31): -23.2%Derived (calculated)
- Return on assets (FY 2025-12-31): -16.8%Derived (calculated)
- Current ratio (FY 2025-12-31): 0.96xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 0.38xDerived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): -16.2%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -16.0%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -587.5%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -673.5%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 43.8%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -124.6%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -505.1%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 71.9%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -9.1%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 0.0%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 36.2%Derived (calculated)
- Revenue (annual): USD 647.43MSEC XBRL filing
- Operating income (annual): USD -622.17MSEC XBRL filing
- Net income (annual): USD -663.18MSEC XBRL filing
- Shares outstanding (annual): 371.58MSEC XBRL filing
- Cash & equivalents (annual): USD 233.52MSEC XBRL filing
- Total liabilities (annual): USD 1.08BSEC XBRL filing
- Pre-tax income (annual): USD -663.33MSEC XBRL filing
Showing 24 of 53 surfaced claims.
Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.
The Thread
Everything we know, in order2026-07-28EVENTUpcomingQ2 2026 earnings (expected) estimated date
2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
2026-06-22 00:00 UTCINSIDER2 insider transactions — 2026-06 · net sell $2.6M
2026-06-22INSIDERWerner Ryan D. sold 25.4k sh — SVP, CAO ~$761k
2026-06-22INSIDERLes Jason sold 62.7k sh — Director, CEO ~$1.89M
2026-05-27 00:00 UTCINSIDER2 insider transactions — 2026-05 · net sell $5.4M
2026-05-27INSIDERWerner Ryan D. sold 37.6k sh — SVP, CAO ~$997k
2026-05-11INSIDERLes Jason sold 175.0k sh — Director, CEO ~$4.41M
2026-04-12 00:00 UTCINSIDER1 insider transaction — 2026-04
2026-04-12INSIDERGibbs Jonathan transacted 1.15M sh — CDCO (See Remarks)
2026-01-01 00:00 UTCINSIDER17 insider transactions — 2026-01 · net sell $500k 1 derivative
2026-01-01INSIDERHowell Stephen Mitchell Jr. transacted 394.6k sh — COO
2026-01-01INSIDERWerner Ryan D. transacted 9.9k sh — SVP, CAO ~$126k
2026-01-01INSIDERWerner Ryan D. transacted 59.2k sh — SVP, CAO
2026-01-01INSIDERWerner Ryan D. transacted 118.4k sh — SVP, CAO
2026-01-01INSIDERLes Jason transacted 473.6k sh — Director, CEO
2026-01-01INSIDERLes Jason transacted 947.1k sh — Director, CEO
2026-01-01INSIDERHowell Stephen Mitchell Jr. transacted 29.5k sh — COO ~$374k
2026-01-01INSIDERGibbs Jonathan transacted 236.8k sh — CDCO
2026-01-01INSIDERGibbs Jonathan transacted 473.6k sh — CDCO
2026-01-01INSIDERChung Jason transacted 236.8k sh — EVP, CORP DEV
2026-01-01INSIDERChung Jason transacted 473.6k sh — EVP, CORP DEV
2026-01-01INSIDERJackman William Richard transacted 197.3k sh — CHIEF LEGAL OFFICER (CLO)
2026-01-01INSIDERJackman William Richard transacted 394.6k sh — CHIEF LEGAL OFFICER (CLO)
2026-01-01INSIDERYi Soo il Benjamin transacted 473.6k sh — Director, EXECUTIVE CHAIRMAN
2026-01-01INSIDERYi Soo il Benjamin transacted 947.1k sh — Director, EXECUTIVE CHAIRMAN
2026-01-01INSIDERHowell Stephen Mitchell Jr. transacted 197.3k sh — COO
2026-01-01INSIDERYee Colin M. acquired 157.9k sh Restricted Stock Units — EVP, CFO
Showing the 40 most recent of 48 entries.
The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-07-07
Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data
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