Bitcoin Mining was Riot Platforms’s largest product and service line in fiscal 2025, bringing in $576.28M of $647.44M (89%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Bitcoin Mining | $156.87M | $189.00M | $321.00M | $576.28M | |||||
| Mining | — | — | — | — | |||||
| Engineering | $65.34M | $64.30M | $38.49M | $64.69M | |||||
| Data Center Hosting | — | — | — | — | |||||
| Other | $36.96M | $27.38M | $17.17M | $6.47M | |||||
| Other Revenue | — | — | — | — | |||||
| Revenue, Net - Mining | — | — | — | — | |||||
| Revenue - Cryptocurrency Mining | — | — | — | — | |||||
| Revenue - Digital Currency Mining | — | — | — | — | |||||
| License Fees | — | — | — | — | |||||
| Total | $259.17M | $280.68M | $376.66M | $647.44M |
Riot Platforms brought in $647.44M from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 71.9% from $376.66M in fiscal 2024. Bitcoin Mining was the largest at $576.28M (89.0%), ahead of Engineering at $64.69M (10.0%) and Other at $6.47M (1.0%).
Compared with fiscal 2024, Bitcoin Mining grew 79.5% to $576.28M and Engineering grew 68.1% to $64.69M. From fiscal 2022 to 2025, combined revenue from these lines grew from $259.17M to $647.44M, a compound annual growth rate of 35.7%. Bitcoin Mining's share of the total rose from 60.5% to 89.0%.
Bitcoin Mining was Riot Platforms’s largest segment in fiscal 2025, bringing in $576.28M of $647.44M (89%).
| Segment | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Bitcoin Mining | $156.87M | $189.00M | $321.00M | $576.28M |
| Engineering | $85.36M | $72.83M | $46.47M | $94.44M |
| Other Revenue | $36.96M | $27.38M | $17.17M | $6.47M |
| Intersegment Eliminations | -$20.02M | -$8.52M | -$7.98M | -$29.75M |
| Total | $259.17M | $280.68M | $376.66M | $647.44M |
Riot Platforms brought in $647.44M from its four segments in fiscal 2025, the year ended December 31, 2025. That was up 71.9% from $376.66M in fiscal 2024. Bitcoin Mining was the largest at $576.28M (89.0%), ahead of Engineering at $94.44M (14.6%) and Other Revenue at $6.47M (1.0%).
Compared with fiscal 2024, Engineering grew 103.2% to $94.44M and Bitcoin Mining grew 79.5% to $576.28M. From fiscal 2022 to 2025, combined revenue from these segments grew from $259.17M to $647.44M, a compound annual growth rate of 35.7%. Bitcoin Mining's share of the total rose from 60.5% to 89.0%.
The total is net of Intersegment Eliminations, which took $29.75M off revenue in fiscal 2025.
Riot Platforms (RIOT) reports its revenue by product and service and by segment. In fiscal 2025, Bitcoin Mining was its largest product and service line, bringing in $576.28M (89.0% of the total), followed by Engineering at $64.69M (10.0%).
Bitcoin Mining was Riot Platforms' largest product and service line in fiscal 2025, bringing in $576.28M, or 89.0% of the $647.44M total across its three product and service lines.
Bitcoin Mining was Riot Platforms' largest segment in fiscal 2025, bringing in $576.28M, or 89.0% of the $647.44M total across its four segments.
Bitcoin Mining grew faster than Engineering in fiscal 2025, up 79.5% from $321.00M to $576.28M. Engineering grew 68.1% to $64.69M.
Every figure comes from Riot Platforms' annual financial filings, as reported. Each line keeps the name Riot Platforms gives it, and years follow its fiscal calendar.
Riot Platforms' revenue by product and service goes back to fiscal 2017, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.