Riot Platforms, Inc.

RIOT

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
377
Cost of Revenue
263
Gross Profit
114
Gross Margin
30.2%
Operating Income
154
Operating Margin
40.8%
Net Income
109
Net Margin
29.0%
EPS (Basic)
$0.40
EPS (Diluted)
$0.34
EBITDA
324
EBITDA Margin
86.1%

2023

12/31/2023

Revenue
281
Cost of Revenue
254
Gross Profit
26
Gross Margin
9.4%
Operating Income
-63
Operating Margin
-22.5%
Net Income
-49
Net Margin
-17.6%
EPS (Basic)
$-0.28
EPS (Diluted)
$-0.28
EBITDA
-3
EBITDA Margin
-1.0%

2022

12/31/2022

Revenue
259
Cost of Revenue
194
Gross Profit
65
Gross Margin
25.3%
Operating Income
329
Operating Margin
127.0%
Net Income
-510
Net Margin
-196.6%
EPS (Basic)
$-3.65
EPS (Diluted)
$-3.65
EBITDA
25
EBITDA Margin
9.8%

2021

12/31/2021

Revenue
213
Cost of Revenue
82
Gross Profit
131
Gross Margin
61.5%
Operating Income
20
Operating Margin
9.3%
Net Income
-8
Net Margin
-3.7%
EPS (Basic)
$-0.08
EPS (Diluted)
$-0.08
EBITDA
12
EBITDA Margin
5.5%

2020

12/31/2020

Revenue
12
Cost of Revenue
6
Gross Profit
6
Gross Margin
48.3%
Operating Income
-9
Operating Margin
-73.8%
Net Income
-13
Net Margin
-104.9%
EPS (Basic)
$-0.30
EPS (Diluted)
$-0.30
EBITDA
-8
EBITDA Margin
-64.6%