Riot Platforms, Inc. (RIOT)
Riot Platforms is a large-scale American company that focuses on mining Bitcoin by running massive data centres filled with specialised computer hardware.
Is Riot Platforms, Inc. a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: Direct exposure to the Bitcoin ecosystem. Worth weighing: High operational costs and negative profit margins.
Is this normal for this company?
Each figure against the range this same company has produced recently. Neither end of a range is the good end.
Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.
How these ranges are built
Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.
What does Riot Platforms, Inc. do?
Running high-powered computers to solve complex puzzles that verify transactions on the Bitcoin network is the work, rewarded with newly created Bitcoin. Because their business is tied directly to the price of Bitcoin and the cost of electricity, their profits can swing wildly. How efficiently they can mine Bitcoin, set against the rising costs of the energy and hardware needed to keep their machines running, is the thing to follow.
On our factor screen it looks strongest on value and growth, and weakest on income.
- !Pays no dividend - the whole return rides on the share price
- ✓Growing - revenue up about 14% over the year
- —
- Quality screens low
- Income screens low
Does Riot Platforms, Inc. pay a dividend?
No - Riot Platforms, Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.
What do Riot Platforms, Inc.'s numbers mean?
How has it performed?
Growth of £1,000, the worst fall, and year by year
Over about 2 years to 2026-09-11. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has Riot Platforms, Inc. actually fallen?
Over the last 2 years of daily prices, Riot Platforms, Inc. fell as much as −58% from a high to a later low. Falls like this are normal when you own a share.
Past falls are not a forecast - it can fall further, or recover.
How has it done year by year?
Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.
A closer look at the numbers
Ownership, earnings history, where the money goes, and the outlook range
Does the share price tell you if it's cheap or expensive?
Who owns Riot Platforms, Inc.?
About 83% of Riot Platforms, Inc., or about 83 in every 100 shares, is held by big institutions such as pension and index funds, and company insiders hold about 7%. The rest, roughly 11%, is held by the public and smaller investors.
What this does and doesn't tell you
This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
How much money does Riot Platforms, Inc. make?
Revenue and profit by quarter, and how much of each sale turns into profit.
When does Riot Platforms, Inc. report earnings, and how did recent quarters go?
Riot Platforms, Inc. is next scheduled to report on about 2026-10-29 - dates can move, and we don't predict results; this just tells you when to look.
‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-08-10 | $-0.32 | $-0.66 | Missed -109% |
| 2026-04-30 | $-0.28 | $-0.35 | Missed -25% |
| 2026-03-02 | $-0.39 | $-1.88 | Missed -384% |
| 2025-10-30 | $-0.09 | $0.19 | Beat +310% |
| 2025-07-31 | $-0.19 | $0.99 | Beat +621% |
| 2025-05-01 | $-0.21 | $-0.90 | Missed -329% |
Across the last 6 quarters here, Riot Platforms, Inc. came in ahead of what analysts expected 2 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Where these figures come from
Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.
What are the scenarios for Riot Platforms, Inc.?
An illustrative range for the year ahead — not a prediction or a price target.
What are the pros, cons and common questions?
The case each way, and the questions people ask
Widespread adoption of Bitcoin and dominant market share for Riot.
Regulatory hurdles or a long-term decline in Bitcoin interest.
What are the pros and cons of Riot Platforms, Inc.?
A balance check, not a score or verdict.
- Direct exposure to the Bitcoin ecosystem
- Large-scale infrastructure and mining capacity
- Significant growth potential if crypto markets thrive
- High operational costs and negative profit margins
- No dividend payments to shareholders
- Extremely high volatility compared to the broader market
- Heavy reliance on the unpredictable price of Bitcoin
- Regulatory changes affecting crypto mining operations
- Rising electricity prices eating into thin margins
The write-up's own warning lights — if these start happening, the case above changes.
- A sustained period of profitability
- A significant shift in business model away from pure mining
Common questions about Riot Platforms, Inc.
Does Riot Platforms, Inc. pay a dividend?
No - Riot Platforms, Inc. does not currently pay a dividend, so the return would rest on the share price. Many growing companies reinvest profits instead of paying them out.
When does Riot Platforms, Inc. report earnings next?
Riot Platforms, Inc. is next scheduled to report results on about 2026-10-29. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.
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The Bankers Investment Trust PlcBuilt from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.