Riot Platforms Past Earnings Performance
Past criteria checks 2/6
Riot Platforms's earnings have been declining at an average annual rate of -19.2%, while the Software industry saw earnings growing at 19.9% annually. Revenues have been growing at an average rate of 43.9% per year. Riot Platforms's return on equity is 0.5%, and it has net margins of 4%.
Key information
-19.2%
Earnings growth rate
-1.4%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 43.9% |
| Return on equity | 0.5% |
| Net Margin | 4.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Investors Appear Satisfied With Riot Platforms, Inc.'s (NASDAQ:RIOT) Prospects As Shares Rocket 34%
Dec 01
Health Check: How Prudently Does Riot Platforms (NASDAQ:RIOT) Use Debt?
Nov 28Investors Appear Satisfied With Riot Platforms, Inc.'s (NASDAQ:RIOT) Prospects As Shares Rocket 28%
Oct 08Riot Platforms, Inc. (NASDAQ:RIOT) Stocks Pounded By 33% But Not Lagging Industry On Growth Or Pricing
Aug 21Riot Platforms' (NASDAQ:RIOT) Shareholders Should Assess Earnings With Caution
Aug 07A Look At The Fair Value Of Riot Platforms, Inc. (NASDAQ:RIOT)
Jul 16What You Can Learn From Riot Platforms, Inc.'s (NASDAQ:RIOT) P/S
Jun 21Riot Platforms: Inefficient Post Halving
Apr 23We're Not Very Worried About Riot Platforms' (NASDAQ:RIOT) Cash Burn Rate
Apr 10With A 28% Price Drop For Riot Platforms, Inc. (NASDAQ:RIOT) You'll Still Get What You Pay For
Mar 23Why We're Not Concerned Yet About Riot Platforms, Inc.'s (NASDAQ:RIOT) 29% Share Price Plunge
Feb 03Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Jan 08Riot Platforms, Inc. (NASDAQ:RIOT) Looks Just Right With A 49% Price Jump
Dec 18Is Riot Platforms, Inc. (NASDAQ:RIOT) Worth US$9.5 Based On Its Intrinsic Value?
Oct 29Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Sep 19Riot Platforms (NASDAQ:RIOT) Is In A Good Position To Deliver On Growth Plans
Jun 05Riot Platforms, Inc. (NASDAQ:RIOT) Looks Just Right With A 66% Price Jump
Apr 17Revenue & Expenses Breakdown
How Riot Platforms makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 313 | 12 | 225 | 0 |
| 30 Jun 24 | 280 | 87 | 187 | 0 |
| 31 Mar 24 | 287 | 144 | 145 | 0 |
| 31 Dec 23 | 281 | -49 | 100 | 0 |
| 30 Sep 23 | 262 | -249 | 91 | 0 |
| 30 Jun 23 | 256 | -201 | 78 | 0 |
| 31 Mar 23 | 253 | -528 | 69 | 0 |
| 31 Dec 22 | 259 | -510 | 67 | 0 |
| 30 Sep 22 | 290 | -376 | 77 | 0 |
| 30 Jun 22 | 308 | -359 | 101 | 0 |
| 31 Mar 22 | 270 | 14 | 93 | 0 |
| 31 Dec 21 | 213 | -15 | 87 | 0 |
| 30 Sep 21 | 128 | 15 | 53 | 0 |
| 30 Jun 21 | 65 | 29 | 14 | 0 |
| 31 Mar 21 | 33 | -1 | 13 | 0 |
| 31 Dec 20 | 12 | -14 | 10 | 0 |
| 30 Sep 20 | 8 | -20 | 11 | 0 |
| 30 Jun 20 | 7 | -20 | 13 | 0 |
| 31 Mar 20 | 8 | -11 | 15 | 0 |
| 31 Dec 19 | 7 | -20 | 15 | 0 |
| 30 Sep 19 | 7 | -28 | 18 | 0 |
| 30 Jun 19 | 8 | -32 | 22 | 0 |
| 31 Mar 19 | 8 | -55 | 27 | 0 |
| 31 Dec 18 | 8 | -58 | 26 | 0 |
| 30 Sep 18 | 6 | -56 | 25 | 0 |
| 30 Jun 18 | 4 | -55 | 17 | 0 |
| 31 Mar 18 | 1 | -32 | 10 | 0 |
| 31 Dec 17 | 0 | -16 | 7 | 0 |
| 30 Sep 17 | 0 | -9 | 4 | 0 |
| 30 Jun 17 | 0 | -5 | 5 | 0 |
| 31 Mar 17 | 0 | -5 | 4 | 0 |
| 31 Dec 16 | 0 | -3 | 4 | 0 |
| 30 Sep 16 | 0 | -5 | 6 | 1 |
| 30 Jun 16 | 0 | -5 | 6 | 1 |
| 31 Mar 16 | 0 | -6 | 6 | 2 |
| 31 Dec 15 | 0 | -9 | 7 | 2 |
| 30 Sep 15 | 0 | -8 | 6 | 3 |
| 30 Jun 15 | 0 | -9 | 6 | 3 |
| 31 Mar 15 | 0 | -10 | 6 | 4 |
| 31 Dec 14 | 0 | -10 | 7 | 4 |
| 30 Sep 14 | 0 | -11 | 6 | 5 |
| 30 Jun 14 | 0 | -12 | 6 | 5 |
| 31 Mar 14 | 0 | -12 | 6 | 6 |
| 31 Dec 13 | 0 | -12 | 6 | 7 |
Quality Earnings: RIOT has a high level of non-cash earnings.
Growing Profit Margin: RIOT became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RIOT has become profitable over the past 5 years, growing earnings by -19.2% per year.
Accelerating Growth: RIOT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RIOT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (27.6%).
Return on Equity
High ROE: RIOT's Return on Equity (0.5%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:38 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Riot Platforms, Inc. is covered by 27 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Raghuram Selvaraju | Aegis Capital Corporation |
| Martin Toner | ATB Capital Markets |
| Lucas Pipes | B. Riley Securities, Inc. |