Riot Platforms (RIOT) EV to FCF (2016 - 2026)
Riot Platforms (RIOT) posted EV to FCF of 64.97 for Q2 2026, down 340.01% on a QoQ basis from 14.76 in Q1 2026, and down 402.11% year-over-year from 21.5 in Q2 2025.
Analysis
Riot Platforms (RIOT) EV to FCF (2016 - 2026) Analysis & Trends
Riot Platforms has reported EV to FCF for 9 years, with the latest figure at 64.97 in Q2 2026.
- On a quarterly basis, EV to FCF fell 402.11% year-over-year to 64.97 in Q2 2026; TTM through Jun 2026 was 12.62, a 257.08% decrease from a year earlier, with the FY2025 full-year figure at 5.68, down 96.58% from the prior year.
- EV to FCF was 64.97 for Q2 2026 at Riot Platforms, down from 14.76 in the prior quarter.
- The five-year high for EV to FCF was 4.87 in Q4 2024, with the low at 4521.09 in Q4 2023.
- Average EV to FCF over 5 years is 277.6, with a median of 22.8 recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: EV to FCF tumbled 32072.41% in 2023, then jumped 99.89% in 2024.
- Over 5 years, EV to FCF stood at 14.05 in 2022, then sank by 32072.41% to 4521.09 in 2023, then surged by 99.89% to 4.87 in 2024, then plunged by 380.16% to 23.4 in 2025, then sank by 177.69% to 64.97 in 2026.
- The last three EV to FCF figures came in at 64.97 (Q2 2026), 14.76 (Q1 2026), and 23.4 (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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -64.97 |
| Mar 31, 2026 | -14.76 |
| Dec 31, 2025 | -23.40 |
| Sep 30, 2025 | -47.64 |
| Jun 30, 2025 | -12.94 |
| Mar 31, 2025 | -14.56 |
| Dec 31, 2024 | -4.87 |
| Sep 30, 2024 | -14.58 |
| Jun 30, 2024 | -20.34 |
| Mar 31, 2024 | -22.20 |
| Dec 31, 2023 | -4,521.09 |
| Sep 30, 2023 | -32.83 |
| Jun 30, 2023 | -19.71 |
| Mar 31, 2023 | -79.62 |
| Dec 31, 2022 | -14.05 |
| Sep 30, 2022 | -23.57 |
| Jun 30, 2022 | -36.98 |
| Mar 31, 2022 | -28.65 |
| Dec 31, 2021 | -18.87 |
| Sep 30, 2021 | -23.01 |