Riot Platforms (RIOT) Income Statement: Revenue & Earnings

Riot Platforms Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Riot Platforms, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Revenue & Gross Profit
Revenue	376.66	280.68	259.17	213.24	12.08	6.84
Cost of Revenue	262.76	254.33	193.70	82.09	6.25	6.10
Gross Profit	113.90	26.35	65.48	131.15	5.83	0.74
Operating Expenses
Research & Development	0.00	0.00	0.00	3.58	0.00	0.00
Selling, General & Administrative	266.92	100.35	67.45	87.43	10.25	15.26
Operating Expenses	445.28	281.49	148.06	157.73	18.34	14.50
Operating Income	-331.38	-255.14	-512.70	-26.58	-12.51	-10.08
Other Income/Expense
Interest Income	27.17	11.08	1.76	0.00	0.09	0.00
Interest Expense	1.99	2.85	-1.31	-0.30	0.00	0.00
Other Income/Expense	416.34	192.35	-439.17	21.26	6.34	11.12
Income
Income Before Tax	110.15	-54.57	-521.30	-15.18	-14.11	-18.76
Income Tax Expense	0.74	-5.09	-11.75	0.25	0.00	-0.14
Net Income	109.40	-49.47	-509.55	-15.44	-14.11	-20.04
Net Income - Continuous Operations	109.40	-49.47	-509.55	-15.44	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	324.18	200.64	25.37	-0.25	-8.02	-16.32
EBIT	112.13	-51.71	-82.58	-26.58	-12.51	-18.64
Depreciation & Amortization	212.05	252.35	107.95	26.32	4.49	0.12
Earnings Per Share
Basic EPS	-	-	-4.00	-	-	-1.00
Diluted EPS	-	-	-4.00	-	-	-1.00
Basic Shares Outstanding	275.98	175.03	139.43	93.45	41.98	19.60
Diluted Shares Outstanding	318.93	175.03	139.43	93.45	41.98	19.60