Riot's Q1 Revenue Hits $167M as Data Center Arm Offsets Mining Dip
Riot Platforms reported $167M in Q1 revenue, with $33M from its new data center arm, offsetting a Bitcoin mining revenue decline amid rising hash rates.
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Bitcoin mining and power strategy in Texas.
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Riot Platforms Inc is a vertically integrated digital infrastructure company principally engaged in developing and optimizing its large-scale power assets. The Company's business centers on enhancing its electrical infrastructure and deploying it across two complementary platforms: (i) Bitcoin Mining and (ii) scalable data center solutions designed to support non-mining workloads. The company's segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.
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| Company | Latest close | Revenue growth (YoY) | Net margin (TTM) | P/E (TTM) | P/S (TTM) |
|---|---|---|---|---|---|
| Riot Platforms (RIOT) | $14.87 | — | — | — | — |
| MARA Holdings (MARA) | $8.05 | — | — | — | — |
| Coinbase (COIN) | $179.07 | — | — | — | — |
| Hut 8 (HUT) | $73.65 | — | — | — | — |
| CleanSpark (CLSK) | $9.14 | — | — | — | — |
| MARA Holdings (MARA) | $8.05 | — | — | — | — |
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Riot Platforms reported $167M in Q1 revenue, with $33M from its new data center arm, offsetting a Bitcoin mining revenue decline amid rising hash rates.
Riot Platforms (RIOT) last closed at $14.87 on October 15, 2026. Quotes are delayed at least 15 minutes.
Over the past 52 weeks RIOT has traded between $11.50 and $30.32.
Riot Platforms has a market capitalisation of about $5.67 billion.
RIOT trades on NASDAQ, in the Finance Services industry.
Riot Platforms pays a dividend of $1.00 per share.
Riot Platforms last executed a 1-for-8 stock split on March 31, 2016.
Blockchain.News publishes RIOT coverage and price forecasts on this page, with 40 stories filed so far. This is information, not investment advice.
RIOT's 14-day relative strength index (RSI) is 26.7, which is oversold on the standard 30/70 scale. RSI measures the speed of recent price moves, not a price target — this is not investment advice.
RIOT's 50-day moving average is currently above its 200-day moving average — a Golden Cross (bullish long-term trend) in classic technical-analysis terms. Moving-average crossovers describe past price behaviour, not a forecast.
Coverage is for information only and is not investment advice. Stock prices can move quickly and past performance does not guarantee future results.
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