Riot Platforms RIOT
NASDAQ RIOT
$21.80 +0.66 (+3.12%)
At close: Sep 4, 2026 · 4:00 PM EDT

Riot Platforms (RIOT) EV to EBITDA (2019 - 2026)

Riot Platforms (RIOT) posted EV to EBITDA of 68.62 for Q2 2026, down 528.54% on a QoQ basis from 10.92 in Q1 2026, and down 642.43% year-over-year from 12.65 in Q2 2025.

Analysis

Riot Platforms (RIOT) EV to EBITDA (2019 - 2026) Analysis & Trends

Riot Platforms has reported EV to EBITDA for 8 years, with the latest figure at 68.62 in Q2 2026.

  • On a quarterly basis, EV to EBITDA fell 642.43% year-over-year to 68.62 in Q2 2026; TTM through Jun 2026 was 9.17, a 164.79% decrease from a year earlier, with the FY2025 full-year figure at 7.07, down 145.13% from the prior year.
  • EV to EBITDA was 68.62 for Q2 2026 at Riot Platforms, down from 10.92 in the prior quarter.
  • The five-year high for EV to EBITDA was 60.62 in Q4 2023, with the low at 94.62 in Q3 2022.
  • Average EV to EBITDA over 5 years is 3.92, with a median of 1.27 recorded in 2022.
  • The sharpest annual moves came in 2023 and 2026: EV to EBITDA surged 5595.96% in 2023, then slumped 642.43% in 2026.
  • Over 5 years, EV to EBITDA stood at 1.49 in 2022, then surged by 4163.14% to 60.62 in 2023, then slumped by 78.91% to 12.78 in 2024, then slumped by 150.27% to 6.43 in 2025, then sank by 967.99% to 68.62 in 2026.
  • The last three EV to EBITDA figures came in at 68.62 (Q2 2026), 10.92 (Q1 2026), and 6.43 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bitmine Immersion Technologies 56.87 Bn 56.53 Bn 40.81 Mn
2 Iren 34.00 Bn 26.43 Bn 103.89 Mn
3 Hut 8 11.52 Bn 5.04 Bn 48.04 Mn
4 Riot Platforms 8.24 Bn 7.69 Bn 84.97 Mn
5 Argo Blockchain 6.43 Bn 6.43 Bn -
6 MARA Holdings 4.32 Bn 3.96 Bn -
7 Cleanspark 3.26 Bn 3.05 Bn -
8 Bitdeer Technologies 2.92 Bn 2.46 Bn -8.53 Mn
9 Keel Infrastructure 2.14 Bn 2.13 Bn -86.75 Mn
10 HIVE Digital Technologies 853.00 Mn 613.97 Mn -29.49 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -68.62
Mar 31, 2026 -10.92
Dec 31, 2025 -6.43
Sep 30, 2025 41.07
Jun 30, 2025 12.65
Mar 31, 2025 -14.37
Dec 31, 2024 12.78
Sep 30, 2024 -29.52
Jun 30, 2024 -24.08
Mar 31, 2024 10.88
Dec 31, 2023 60.62
Sep 30, 2023 -79.26
Jun 30, 2023 57.35
Mar 31, 2023 19.66
Dec 31, 2022 -1.49
Sep 30, 2022 -94.62
Jun 30, 2022 -1.04
Mar 31, 2022 44.74
Dec 31, 2021 -236.36
Sep 30, 2021 -685.70