Riot Platforms (RIOT) EBITDA (2010 - 2026)
Riot Platforms (RIOT) posted quarterly EBITDA of -$403.5 million for Q1 2026, down 157.04% year-over-year from $707.4 million in Q1 2025, and down 138.49% on a QoQ basis from -$169.2 million in Q4 2025.
Riot Platforms (RIOT) EBITDA (2010 - 2026) Analysis & Trends
Riot Platforms (RIOT) has reported EBITDA for 13 consecutive years, with -$403.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA fell 157.04% year-over-year to -$403.5 million; the TTM figure through Mar 2026 stood at -$112.3 million (up 28.2% YoY), while the FY2025 annual figure was -$139.2 million, down 226.36% from the prior year.
- EBITDA came in at -$403.5 million for Q1 2026 at Riot Platforms, down from -$169.2 million in the prior quarter.
- The five-year high for EBITDA was $298.3 million in Q2 2025, with the low at -$403.5 million in Q1 2026.
- Average EBITDA over 5 years is $2.2 million, with a median of $30.9 million recorded in 2023.
- The largest YoY upside for EBITDA was 1078.0% in 2022 against a maximum downside of 1293.99% in 2022.
- Year by year, EBITDA stood at $240.9 million in 2022, then plunged by 87.18% to $30.9 million in 2023, then jumped by 368.76% to $144.8 million in 2024, then slumped by 216.87% to -$169.2 million in 2025, then slumped by 138.49% to -$403.5 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered -$403.5 million, -$169.2 million, and $162.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 19.58 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 23.57 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 4.01 Bn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 441.58 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 304.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 584.88 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 294.45 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 46.00 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -254.94 Mn |
| 10 | Riot Platforms | 8.33 Bn | 8.03 Bn | 80.46 Mn | -403.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -403.49 Mn |
| Dec 31, 2025 | -169.18 Mn |
| Sep 30, 2025 | 162.05 Mn |
| Jun 30, 2025 | 298.35 Mn |
| Mar 31, 2025 | -156.97 Mn |
| Dec 31, 2024 | 144.76 Mn |
| Sep 30, 2024 | -63.01 Mn |
| Jun 30, 2024 | -81.14 Mn |
| Mar 31, 2024 | 234.84 Mn |
| Dec 31, 2023 | 30.88 Mn |
| Sep 30, 2023 | -17.10 Mn |
| Jun 30, 2023 | 37.43 Mn |
| Mar 31, 2023 | 75.27 Mn |
| Dec 31, 2022 | 240.88 Mn |
| Sep 30, 2022 | -9.68 Mn |
| Jun 30, 2022 | -339.56 Mn |
| Mar 31, 2022 | 52.76 Mn |
| Dec 31, 2021 | -24.63 Mn |
| Sep 30, 2021 | -3.54 Mn |
| Jun 30, 2021 | 28.44 Mn |