RIOT Q2 2023 Earnings — Riot Platforms, Inc. Revenue & Financial Results | Market Cap Arena

RIOTRiot Platforms, Inc.

$6B

Q2 2023 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$77M+5.2% YoY

Gross Profit

$13M16.6% margin

Operating Income

-$32M-41.9% margin

Net Income

-$27M-35.7% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

+4.8%

Cash Flow

Operating Cash Flow

-$38M

Free Cash Flow

-$95M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$118M

Stockholders' Equity

$1.2B

Cash & Equivalents

$289M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$77M	$73M	+5.2%
Gross Profit	$13M	$25M	-48.1%
Operating Income	-$32M	-$353M	+90.9%
Net Income	-$27M	-$354M	+92.3%

Revenue Segments

Other Revenue Member

$24,000100%