RIOT Q3 2024 Earnings — Riot Platforms, Inc. Revenue & Financial Results | Market Cap Arena

RIOTRiot Platforms, Inc.

$6B

Q3 2024 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$85M+63.4% YoY

Gross Profit

$12M14.0% margin

Operating Income

-$122M-143.3% margin

Net Income

-$154M-182.1% margin

EPS (Diluted)

$-0.54

QoQ Revenue Growth

+21.1%

Cash Flow

Operating Cash Flow

-$56M

Free Cash Flow

-$180M

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$173M

Stockholders' Equity

$2.7B

Cash & Equivalents

$356M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$85M	$52M	+63.4%
Gross Profit	$12M	-$12M	+199.7%
Operating Income	-$122M	-$83M	-47.2%
Net Income	-$154M	-$80M	-92.9%

Revenue Segments

Bitcoin Mining Segment

$90M85%

Engineering Segment

$16M15%