RIOT Q1 2023 Earnings — Riot Platforms, Inc. Revenue & Financial Results | Market Cap Arena

RIOTRiot Platforms, Inc.

$6B

Q1 2023 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$73M-8.2% YoY

Gross Profit

$10M13.8% margin

Operating Income

$17M23.7% margin

Net Income

$19M25.3% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

+21.8%

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

-$19M

Stock-Based Comp.

-$2M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$158M

Stockholders' Equity

$1.1B

Cash & Equivalents

$158M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$73M	$80M	-8.2%
Gross Profit	$10M	$34M	-70.4%
Operating Income	$17M	$9M	+93.0%
Net Income	$19M	$36M	-48.0%

Revenue Segments

Other Revenue Member

$24,000100%