Riot Platforms, Inc. reported earnings results for the first quarter ended March 31, 2026. For the first quarter, the company reported sales was USD 111.9 million compared to USD 142.86 million a year ago. Revenue was USD 167.22 million compared to USD 161.39 million a year ago.
Net loss was USD 500.48 million compared to USD 296.37 million a year ago. Basic loss per share from continuing operations was USD 1.44 compared to USD 0.9 a year ago. Diluted loss per share from continuing operations was USD 1.44 compared to USD 0.9 a year ago.
Riot Platforms, Inc. is an integrated digital infrastructure company. The Company is principally engaged in developing and optimizing its power assets. Its segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment is engaged in Bitcoin mining activities. The Engineering segment designs and manufacturers power distribution equipment and custom engineered electrical products. This segment also provides electricity distribution product design, manufacturing, and installation services primarily focused on large-scale commercial and governmental customers and serves clients across a range of markets including data center, power generation, utility, water, industrial, and alternative energy. It is also focused on developing a portion of its power capacity for artificial intelligence (AI)/ high-performance computing (HPC) uses. The Company provides electrical engineering services to a customer base of energy developers and data center operators.
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Investor
Investor
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Global
Global
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Quality
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ESG MSCI
ESG MSCI
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