10-Q quarterly report · filed Apr 30, 2026

Riot Platforms, Inc. (RIOT) Q1 2026 10-Q Quarterly Report

Short answer

Riot Platforms, Inc. (RIOT) filed its Q1 2026 10-Q quarterly report on Apr 30, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $167M (up 3.6% year over year) with net income of −$500M.

Q1 2026 key financials · XBRL

Revenue
$167M
+3.6% YoY
Net income
−$500M
−68.9% YoY
Operating margin
-298.9%
EPS (diluted)
−$1.44
−60.0% YoY

Source: XBRL data from the Riot Platforms, Inc. (RIOT) Q1 2026 10-Q on SEC EDGAR. USD.

Riot Platforms, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $167.3M in Q1 2026, including Bitcoin Mining $111.9M, Data Center $33.2M, and Engineering $22.2M
  • Bitcoin Mining revenue $111.9M vs $142.9M YoY, down $31.0M amid lower bitcoin prices and production
  • Best-performing segment Bitcoin Mining at $111.9M revenue; Data Center generated $33.2M from initial AMD leasing activity
  • Bitcoin mined 1,473 vs 1,530 YoY; cost per bitcoin including depreciation $96,283 vs $81,109
  • Bitcoin holdings $1.070B at March 31 vs $1.575B at January 1, after $289.5M sales and $326.7M fair-value decline; rising network hash rate remained a headwind

Risk Factors

  • No risk-factors section provided; supplied text covers Items 2, 5, and 6 only
  • Equity dilution risk from 156,373 shares surrendered for employee tax obligations at average $12.92 per share
  • Governance documentation change: amended and restated bylaws effective March 26, 2026
  • Executive retention risk from amended employment agreements effective January 1, 2026
  • No disclosed regulatory, legal, operational, competitive, liquidity, debt, currency, or concentration risk changes

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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