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
DateValue
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