Riot Platforms (RIOT) Change in Taxes (2021 - 2023)
Riot Platforms (RIOT) posted quarterly Change in Taxes of -$5.0 million for Q1 2023, down 142.32% on a QoQ basis from -$2.1 million in Q4 2022.
Riot Platforms (RIOT) Change in Taxes (2021 - 2023) Analysis & Trends
Riot Platforms (RIOT) has reported Change in Taxes for 3 consecutive years, with -$5.0 million the latest figure, recorded in Q1 2023.
- In Q1 2023, Change in Taxes changed N/A year-over-year to -$5.0 million; the TTM figure through Dec 2023 stood at -$5.0 million (up 41.33% YoY), while the FY2023 annual figure was -$5.0 million, up 57.06% from the prior year.
- Change in Taxes came in at -$5.0 million for Q1 2023 at Riot Platforms, down from -$2.1 million in the prior quarter.
- The five-year high for Change in Taxes was -$2.1 million in Q4 2022, with the low at -$5.0 million in Q1 2023.
- Average Change in Taxes over 3 years is -$3.4 million, with a median of -$3.3 million recorded in 2021.
- The largest YoY upside for Change in Taxes was 40.1% in 2022 against a maximum downside of 40.1% in 2022.
- Year by year, Change in Taxes stood at -$3.5 million in 2021, then surged by 40.1% to -$2.1 million in 2022, then slumped by 142.32% to -$5.0 million in 2023.
- According to Business Quant data, Change in Taxes over the past three periods registered -$5.0 million, -$2.1 million, and -$3.0 million for Q1 2023, Q4 2022, and Q3 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | - |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | - |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -7.43 Mn |
| 10 | Riot Platforms | 8.33 Bn | 8.03 Bn | 80.46 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | -5.05 Mn |
| Mar 31, 2023 | -5.05 Mn |
| Dec 31, 2022 | -2.08 Mn |
| Dec 31, 2022 | -2.08 Mn |
| Sep 30, 2022 | -3.04 Mn |
| Sep 30, 2022 | -3.04 Mn |
| Dec 31, 2021 | -3.48 Mn |
| Dec 31, 2021 | -3.48 Mn |