Financial Snapshot

Revenue
$312.9M
TTM
Gross Margin
24.36%
TTM
Net Earnings
$52.19M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
567.91%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$2.749B
Q3 2024
Cash
Q3 2024
P/E
82.45
Nov 29, 2024 EST
Free Cash Flow
-$339.3M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue $280.7M $259.2M $213.2M $12.08M $6.837M $7.850M $270.0K $100.0K $100.0K $167.0K $56.07K $41.56K $219.4K $370.2K $290.0K $820.0K $850.0K $1.140M $860.0K $800.0K $650.0K $750.0K $1.120M $290.0K
YoY Change 8.3% 21.54% 1665.11% 76.7% -12.9% 2807.41% 170.0% 0.0% -40.1% 197.77% 34.92% -81.06% -40.73% 27.67% -64.63% -3.53% -25.44% 32.56% 7.5% 23.08% -13.33% -33.04% 286.21%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue $280.7M $259.2M $213.2M $12.08M $6.837M $7.850M $270.0K $100.0K $100.0K $167.0K $56.07K $41.56K $219.4K $370.2K $290.0K $820.0K $850.0K $1.140M $860.0K $800.0K $650.0K $750.0K $1.120M $290.0K
Cost Of Revenue $254.3M $193.7M $82.09M $6.251M $6.097M $5.820M $30.00K $0.00 $30.00K $71.47K $21.19K $592.00 $16.35K $358.1K $710.0K $580.0K $620.0K $760.0K $510.0K $480.0K $520.0K $660.0K $260.0K $130.0K
Gross Profit $26.35M $65.47M $131.2M $5.830M $740.0K $2.030M $240.0K $100.0K $70.00K $95.49K $34.88K $40.97K $203.1K $12.14K -$420.0K $240.0K $230.0K $380.0K $350.0K $330.0K $130.0K $80.00K $870.0K $160.0K
Gross Profit Margin 9.39% 25.26% 61.5% 48.26% 10.82% 25.86% 88.89% 100.0% 70.0% 57.19% 62.2% 98.58% 92.55% 3.28% -144.83% 29.27% 27.06% 33.33% 40.7% 41.25% 20.0% 10.67% 77.68% 55.17%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Selling, General & Admin $100.3M $67.45M $87.43M $10.25M $9.159M $20.86M $7.310M $4.410M $6.760M $6.560M $5.517M $5.185M $5.575M $7.418M $6.050M $4.430M $4.010M $1.970M $1.390M $1.110M $880.0K $390.0K $260.0K $120.0K
YoY Change 48.77% -22.85% 752.88% 11.92% -56.09% 185.36% 65.76% -34.76% 3.05% 18.91% 6.4% -7.0% -24.84% 22.61% 36.57% 10.47% 103.55% 41.73% 25.23% 26.14% 125.64% 50.0% 116.67%
% of Gross Profit 380.89% 103.02% 66.66% 175.83% 1237.7% 1027.59% 3045.83% 4410.0% 9657.14% 6869.81% 15817.93% 12656.71% 2745.4% 61126.38% 1845.83% 1743.48% 518.42% 397.14% 336.36% 676.92% 487.5% 29.89% 75.0%
Research & Development $250.0K $1.970M $4.035M $6.706M $3.838M $5.666M $6.112M $8.730M $6.030M $2.670M $1.410M $850.0K $560.0K $540.0K $620.0K $350.0K $30.00K
YoY Change -87.31% -51.17% -39.84% 74.71% -32.26% -7.3% -29.98% 44.78% 125.84% 89.36% 65.88% 51.79% 3.7% -12.9% 77.14% 1066.67%
% of Gross Profit 250.0% 2814.29% 4225.35% 19229.17% 9369.89% 2790.21% 50370.05% 2512.5% 1160.87% 371.05% 242.86% 169.7% 415.38% 775.0% 40.23% 18.75%
Depreciation & Amortization $246.5M $108.0M $26.10M $4.300M $100.0K $5.270M $890.0K $90.00K $250.0K $288.8K $326.5K $430.2K $490.5K $492.2K $390.0K $370.0K $290.0K $250.0K $250.0K $670.0K $280.0K $120.0K $100.0K $50.00K
YoY Change 128.35% 313.6% 506.98% 4200.0% -98.1% 492.13% 888.89% -64.0% -13.42% -11.57% -24.1% -12.29% -0.33% 26.19% 5.41% 27.59% 16.0% 0.0% -62.69% 139.29% 133.33% 20.0% 100.0%
% of Gross Profit 935.66% 164.87% 19.9% 73.76% 13.51% 259.61% 370.83% 90.0% 357.14% 302.4% 936.3% 1050.23% 241.54% 4055.71% 154.17% 126.09% 65.79% 71.43% 203.03% 215.38% 150.0% 11.49% 31.25%
Operating Expenses $100.3M $157.6M $87.43M $10.25M $9.159M $26.12M $8.200M $4.750M $8.630M $10.59M $12.22M $9.023M $11.24M $13.53M $14.56M $10.41M $6.680M $3.330M $2.230M $1.670M $1.420M $1.010M $610.0K $190.0K
YoY Change -36.32% 80.24% 752.88% 11.92% -64.93% 218.54% 72.63% -44.96% -18.54% -13.32% 35.46% -19.73% -16.92% -7.07% 39.87% 55.84% 100.6% 49.33% 33.53% 17.61% 40.59% 65.57% 221.05%
Operating Profit -$63.05M -$512.7M -$22.36M -$14.13M -$9.417M -$24.09M -$7.960M -$4.650M -$8.560M -$10.40M -$12.10M -$8.962M -$10.98M -$13.45M -$14.98M -$10.17M -$6.450M -$2.950M -$1.880M -$1.340M -$1.290M -$930.0K $260.0K -$30.00K
YoY Change -87.7% 2193.04% 58.2% 50.08% -60.91% 202.64% 71.18% -45.68% -17.72% -14.05% 35.06% -18.35% -18.39% -10.22% 47.3% 57.67% 118.64% 56.91% 40.3% 3.88% 38.71% -457.69% -966.67%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Interest Expense $199.7M $93.22M $296.0K $122.0K -$3.530M -$4.680M $90.00K -$20.00K $116.2K $135.2K $248.1K $180.5K $132.8K -$10.00K $520.0K $210.0K -$160.0K -$210.0K -$320.0K -$350.0K -$130.0K -$90.00K -$30.00K
YoY Change 114.2% 31393.92% -103.46% -24.57% -5300.0% -550.0% -117.21% -14.08% -45.5% 37.46% 35.94% -1427.86% -101.92% 147.62% -231.25% -23.81% -34.38% -8.57% 169.23% 44.44% 200.0%
% of Operating Profit -34.62%
Other Income/Expense, Net $8.482M -$8.601M $14.69M $1.466M -$11.03M -$1.620M -$180.0K $0.00 $10.00K -$40.05K -$45.47K -$250.6K $762.4K $111.8K $40.00K $90.00K $40.00K -$180.0K $0.00
YoY Change -198.62% -158.56% 901.84% -113.29% 580.8% 800.0% -100.0% -124.97% -11.92% -81.85% -132.86% 581.66% 179.61% -55.56% 125.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Pretax Income -$54.57M -$521.3M -$7.672M -$12.67M -$20.45M -$61.01M -$18.04M -$3.160M -$8.760M -$10.44M -$12.15M -$9.210M -$10.21M -$13.34M -$15.52M -$9.570M -$6.200M -$3.110M -$2.110M -$2.090M -$1.720M -$1.230M $170.0K -$60.00K
YoY Change -89.53% 6694.86% -39.43% -38.05% -66.49% 238.19% 470.89% -63.93% -16.09% -14.07% 31.92% -9.79% -23.46% -14.05% 62.17% 54.35% 99.36% 47.39% 0.96% 21.51% 39.84% -823.53% -383.33%
Income Tax -$5.093M -$11.75M $254.0K -$143.0K -$700.0K -$15.61M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$10.00K $10.00K $0.00
% Of Pretax Income 5.88%
Net Earnings -$49.47M -$509.6M -$7.926M -$12.67M -$20.04M -$58.01M -$19.85M -$4.270M -$8.760M -$10.44M -$12.15M -$9.212M -$10.21M -$13.34M -$15.52M -$9.570M -$6.200M -$3.110M -$2.110M -$2.090M -$1.720M -$1.220M $160.0K -$60.00K
YoY Change -90.29% 6328.88% -37.46% -36.75% -65.46% 192.24% 364.87% -51.26% -16.12% -14.04% 31.88% -9.81% -23.42% -14.06% 62.17% 54.35% 99.36% 47.39% 0.96% 21.51% 40.98% -862.5% -366.67%
Net Earnings / Revenue -17.63% -196.61% -3.72% -104.91% -293.1% -738.98% -7351.85% -4270.0% -8760.0% -6255.03% -21667.72% -22167.66% -4654.91% -3602.56% -5351.72% -1167.07% -729.41% -272.81% -245.35% -261.25% -264.62% -162.67% 14.29% -20.69%
Basic Earnings Per Share -$0.28 -$3.65 -$0.17 -$0.34
Diluted Earnings Per Share -$0.28 -$3.66 -$84.81K -$301.8K -$1.022M -$4.329M -$3.297M -$1.049M -$2.264M -$2.916M -$5.731M -$14.85M -$60.06M -$83.38M -$110.9M -$73.62M -$56.36M -$44.43M -$35.17M -$41.80M -$43.00M -$30.50M $5.333M -$3.000M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Cash & Short-Term Investments $908.3M $339.7M $482.7M $235.0M $11.30M $900.0K $41.90M $13.00M $16.20M $24.50M $14.30M $12.10M $4.000M $11.80M $13.90M $17.50M $25.90M $3.500M $2.000M $600.0K $100.0K $100.0K $400.0K $100.0K
YoY Change 167.36% -29.61% 105.39% 1979.65% 1155.56% -97.85% 222.31% -19.75% -33.88% 71.33% 18.18% 202.5% -66.1% -15.11% -20.57% -32.43% 640.0% 75.0% 233.33% 500.0% 0.0% -75.0% 300.0%
Cash & Equivalents $597.2M $230.3M $312.3M $223.4M $7.400M $200.0K $41.70M $5.500M $2.000M $3.500M $5.700M $11.00M $3.000M $8.900M $13.40M $11.80M $17.40M
Short-Term Investments $311.2M $109.4M $10.80M $11.60M $3.800M $700.0K $0.00 $7.500M $14.10M $21.00M $8.600M $1.200M $1.000M $2.900M $500.0K $5.600M $8.500M
Other Short-Term Assets $75.52M $76.70M $75.48M $1.300M $1.300M $1.400M $500.0K $700.0K $300.0K $400.0K $500.0K $400.0K $300.0K $400.0K $200.0K $800.0K $200.0K $100.0K $0.00 $0.00 $400.0K $100.0K $100.0K
YoY Change -1.54% 1.62% 5706.0% 0.0% -7.14% 180.0% -28.57% 133.33% -25.0% -20.0% 25.0% 33.33% -25.0% 100.0% -75.0% 300.0% 100.0% -100.0% 300.0% 0.0%
Inventory $0.00 $300.0K $600.0K $600.0K $400.0K $400.0K $200.0K $300.0K $500.0K $400.0K $200.0K
Prepaid Expenses
Receivables $24.71M $26.93M $15.40M $0.00 $0.00 $100.0K $0.00 $100.0K $100.0K $400.0K $300.0K $200.0K $0.00 $100.0K $200.0K $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $1.009B $443.4M $573.5M $236.3M $12.60M $2.300M $42.40M $13.70M $16.40M $24.90M $14.80M $12.50M $4.300M $12.30M $14.40M $18.90M $26.70M $4.300M $2.700M $1.000M $400.0K $1.100M $1.100M $400.0K
YoY Change 127.47% -22.69% 142.72% 1775.4% 447.83% -94.58% 209.49% -16.46% -34.14% 68.24% 18.4% 190.7% -65.04% -14.58% -23.81% -29.21% 520.93% 59.26% 170.0% 150.0% -63.64% 0.0% 175.0%
Property, Plant & Equipment $724.6M $714.2M $276.2M $10.10M $5.400M $0.00 $4.300M $0.00 $2.000M $2.100M $2.300M $2.500M $2.800M $3.100M $3.300M $3.400M $3.500M $3.300M $3.400M $3.600M $3.800M $3.200M $200.0K $200.0K
YoY Change 1.45% 158.62% 2634.35% 87.04% -100.0% -100.0% -4.76% -8.7% -8.0% -10.71% -9.68% -6.06% -2.94% -2.86% 6.06% -2.94% -5.56% -5.26% 18.75% 1500.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $13.12M $310.0K $310.0K $300.0K $10.40M $10.30M $3.200M $1.000M
YoY Change 4132.58% 0.0% 3.33% -97.12% 0.97% 221.88%
Other Assets $289.1M $140.6M $51.53M $0.00 $2.400M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $100.0K $100.0K $0.00 $100.0K $100.0K $0.00 $0.00
YoY Change 105.65% 172.81% -100.0% -100.0% 0.0% -100.0% 0.0%
Total Long-Term Assets $1.043B $876.6M $957.4M $43.80M $17.80M $11.60M $9.900M $3.300M $4.500M $3.800M $3.800M $4.100M $4.400M $4.900M $5.000M $5.300M $5.000M $4.400M $4.400M $4.400M $4.400M $3.700M $900.0K $900.0K
YoY Change 18.93% -8.44% 2085.84% 146.07% 53.45% 17.17% 200.0% -26.67% 18.42% 0.0% -7.32% -6.82% -10.2% -2.0% -5.66% 6.0% 13.64% 0.0% 0.0% 0.0% 18.92% 311.11% 0.0%
Total Assets $2.051B $1.320B $1.531B $280.1M $30.40M $13.90M $52.30M $17.00M $20.90M $28.70M $18.60M $16.60M $8.700M $17.20M $19.40M $24.20M $31.70M $8.700M $7.100M $5.400M $4.800M $4.800M $2.000M $1.300M
YoY Change
Accounts Payable $23.16M $18.45M $20.04M $700.0K $700.0K $3.800M $400.0K $300.0K $700.0K $400.0K $800.0K $600.0K $600.0K $1.100M $1.500M $800.0K $300.0K $400.0K $500.0K $100.0K $100.0K $300.0K $0.00 $100.0K
YoY Change 25.55% -7.95% 2762.43% 0.0% -81.58% 850.0% 33.33% -57.14% 75.0% -50.0% 33.33% 0.0% -45.45% -26.67% 87.5% 166.67% -25.0% -20.0% 400.0% 0.0% -66.67% -100.0%
Accrued Expenses $65.05M $67.47M $23.25M $1.600M $2.600M $1.500M $200.0K $300.0K $700.0K $900.0K $1.100M $1.100M $400.0K $600.0K $800.0K $600.0K $1.000M $100.0K $100.0K $100.0K $200.0K $0.00 $0.00
YoY Change -3.59% 190.17% 1353.31% -38.46% 73.33% 650.0% -33.33% -57.14% -22.22% -18.18% 0.0% 175.0% -33.33% -25.0% 33.33% -40.0% 900.0% 0.0% 0.0% -50.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $300.0K $0.00 $100.0K $100.0K
YoY Change -100.0% -100.0% 0.0%
Long-Term Debt Due $0.00 $100.0K $100.0K $300.0K $300.0K $300.0K $2.300M $1.100M $300.0K $100.0K $400.0K $700.0K $200.0K $200.0K $200.0K $100.0K $3.300M $300.0K $100.0K
YoY Change -100.0% 0.0% -66.67% 0.0% 0.0% -86.96% 109.09% 266.67% 200.0% -75.0% -42.86% 250.0% 0.0% 0.0% 100.0% -96.97% 1000.0% 200.0%
Total Short-Term Liabilities $121.0M $121.5M $109.9M $2.400M $3.400M $6.700M $1.000M $1.100M $1.800M $1.800M $2.200M $4.100M $2.100M $2.700M $3.300M $2.700M $2.100M $700.0K $800.0K $400.0K $600.0K $3.500M $400.0K $300.0K
YoY Change -0.43% 10.62% 4478.25% -29.41% -49.25% 570.0% -9.09% -38.89% 0.0% -18.18% -46.34% 95.24% -22.22% -18.18% 22.22% 28.57% 200.0% -12.5% 100.0% -33.33% -82.86% 775.0% 33.33%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $1.700M $0.00 $0.00 $1.800M $2.000M $2.200M $800.0K $2.800M $2.500M $2.700M $2.800M $3.000M $3.400M $3.700M $3.800M $4.100M $900.0K $300.0K $600.0K
YoY Change -100.0% -100.0% -10.0% -9.09% 175.0% -71.43% 12.0% -7.41% -3.57% -6.67% -11.76% -8.11% -2.63% -7.32% 355.56% 200.0% -50.0%
Other Long-Term Liabilities $42.04M $46.98M $63.74M $700.0K $800.0K $900.0K $1.000M $1.100M $1.200M $1.300M $1.300M $1.100M $0.00 $600.0K $600.0K $800.0K $100.0K $200.0K $200.0K $200.0K $200.0K
YoY Change -10.51% -26.3% 9005.86% -12.5% -11.11% -10.0% -9.09% -8.33% -7.69% 0.0% 18.18% -100.0% 0.0% -25.0% 700.0% -50.0% 0.0% 0.0% 0.0%
Total Long-Term Liabilities $42.04M $46.98M $63.74M $700.0K $800.0K $2.600M $1.000M $1.100M $3.000M $3.300M $3.500M $1.900M $2.800M $3.100M $3.300M $3.600M $3.100M $3.600M $3.900M $4.000M $4.300M $900.0K $300.0K $600.0K
YoY Change -10.51% -26.3% 9005.86% -12.5% -69.23% 160.0% -9.09% -63.33% -9.09% -5.71% 84.21% -32.14% -9.68% -6.06% -8.33% 16.13% -13.89% -7.69% -2.5% -6.98% 377.78% 200.0% -50.0%
Total Liabilities $163.1M $168.5M $173.6M $3.100M $4.100M $8.100M $3.500M $2.100M $4.800M $5.000M $5.700M $5.900M $4.900M $5.900M $6.600M $6.300M $5.200M $4.300M $4.700M $4.500M $5.000M $4.400M $700.0K $800.0K
YoY Change -3.24% -2.94% 5500.61% -24.39% -49.38% 131.43% 66.67% -56.25% -4.0% -12.28% -3.39% 20.41% -16.95% -10.61% 4.76% 21.15% 20.93% -8.51% 4.44% -10.0% 13.64% 528.57% -12.5%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Basic Shares Outstanding 175.0M 139.4M 93.45M 41.98M
Diluted Shares Outstanding 175.0M 139.4M 93.45M 41.98M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $4.3036 Billion

About Riot Platforms, Inc.

Riot Platforms, Inc. is a bitcoin mining company engaged in the provision of special cryptocurrency mining computers. The company is headquartered in Castle Rock, Colorado and currently employs 534 full-time employees. The company went IPO on 2003-01-23. The firm has Bitcoin mining operations in central Texas and Kentucky, and electrical switchgear engineering and fabrication operations in Denver, Colorado. The company operates a Bitcoin-driven infrastructure platform. 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. The Engineering segment also provides electricity distribution product design, manufacturing, and installation services primarily focused on large-scale commercial and governmental customers and serves a broad scope of clients across a wide range of markets including data center, power generation, utility, water, industrial, and alternative energy. The Company’s total potential power capacity is two gigawatts.

Industry: Finance Services Peers: EVERBRIDGE, INC. MARA Holdings, Inc. BTRS Holdings Inc. Consensus Cloud Solutions, Inc. Matterport, Inc./DE Intapp, Inc. MOMENTIVE GLOBAL INC. MODEL N, INC. PROS Holdings, Inc. Salesforce, Inc.