Riot Platforms, Inc.
RIOT Financial Capital Markets
Riot Platforms, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $647.4 million, up 71.9% from fiscal 2024. In the quarter to June 2026, revenue grew 13.9%, EPS fell 204.6%, free cash flow grew 49.2% and total debt was flat, each against the same quarter a year earlier. Revenue growth for five consecutive years.
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Riot Platforms, Inc. (RIOT) P/E ratio
Riot Platforms, Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 461× (March 2022) — the current reading is the lowest in ten years.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 0.0× | — |
| FY2024 | 25.5× | — |
| FY2023 | 0.0× | — |
| FY2022 | 0.0× | — |
| FY2021 | 0.0× | — |
| FY2020 | 0.0× | — |
| FY2019 | 0.0× | — |
| FY2018 | 0.0× | — |
| FY2017 | 0.0× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 0.0× | — |
| Mar 2026 | 0.0× | — |
| Dec 2025 | 0.0× | — |
| Sep 2025 | 38.8× | — |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| WULF TeraWulf Inc. compare | n/m |
| RIOT Riot Platforms, Inc. | n/m |
| GLXY Galaxy Digital Inc. compare | n/m |
| SNEX StoneX Group Inc. compare | 12.8× |
| PIPR Piper Sandler Companies compare | 14.2× |
| MRX Marex Group PLC compare | 16.7× |
| FIGR Figure Technology Solutions, Inc. compare | 17.7× |
| MKTX MarketAxess Holdings Inc. compare | 19.4× |
| BGC BGC Group, Inc. compare | 28.3× |
| Capital Markets industry median | 14.2× |
| Financial sector median | 12.4× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)