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Riot Platforms (RIOT)
NASDAQ:RIOT
Earnings Data
Report Date
Aug 25, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.2Last Year’s EPS
-0.35Same Quarter Last Year
Strong Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: 13.77%
|Next Earnings Date:Aug 25, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant operational improvements and strategic acquisitions that are expected to enhance future performance. However, the company faced substantial financial losses due to market conditions and high expenses. The balance between positive operational developments and financial challenges resulted in a neutral sentiment.Company Guidance
During the first quarter of 2025, Riot Platforms provided key guidance on several performance metrics and strategic initiatives. The company achieved an average mining uptime of nearly 90%, significantly improving its operational efficiency. Riot's self-mining hash rate increased by 7% to 33.7 exahash, while Bitcoin production rose to 1,530 Bitcoin. Despite a global hash rate increase of 10%, Riot managed to enhance its Bitcoin yield to 7% year-to-date. The company reported a total revenue of $161.4 million, a 13% increase from the previous quarter, with a gross profit of $73.6 million and a gross margin of 46%. However, the net loss was $296.4 million, primarily due to mark-to-market adjustments. Riot ended the quarter with Bitcoin holdings of 19,223, an 8% increase from the end of 2024. The company also advanced its AI/HPC data center business, securing necessary easements for municipal water and acquiring additional land, while maintaining its strong financial position with limited use of its ATM program.Significant Uptime Improvement
Riot Platforms achieved an average uptime of nearly 90% in Bitcoin Mining operations, indicating enhanced operating efficiency.
Strategic Acquisition of Rhodium Assets
Riot acquired certain assets of Rhodium, including mining operations and access to 125 megawatts of contracted power, which is expected to enhance hash rate capacity and reduce operating losses.
Prudent Financial Management
Riot used limited ATM programs in 2025 and accessed alternative financing sources, including a Bitcoin collateralized credit facility with Coinbase, limiting dilution to shareholders.
AI/HPC Data Center Business Progress
Riot made significant progress in building its data center business, including land acquisitions and enhancing internal expertise, with a focus on AI/HPC data center development.
Increased Bitcoin Production and Holdings
Riot produced 1,530 Bitcoins in Q1 2025, an increase from 1,516 in the prior quarter, and increased Bitcoin holdings by 8% to 19,223.
Revenue and Gross Profit Growth
Riot's total revenue for Q1 2025 was $161.4 million, a 13% increase quarter-over-quarter, and gross profit increased to $73.6 million from $55.7 million.
Engineering Division Profitability
The Engineering division achieved a gross profit of $2.1 million, a turnaround from a gross loss of $2.4 million in the prior quarter.
RIOT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RIOT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 01, 2025 | $7.77 | $8.39 | +7.98% |
Feb 24, 2025 | $9.99 | $9.32 | -6.71% |
Oct 30, 2024 | $10.48 | $9.24 | -11.83% |
Jul 31, 2024 | $10.19 | $9.32 | -8.54% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Riot Platforms (RIOT) report earnings?
Riot Platforms (RIOT) is schdueled to report earning on Aug 25, 2025, TBA Not Confirmed.
What is Riot Platforms (RIOT) earnings time?
Riot Platforms (RIOT) earnings time is at Aug 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RIOT EPS forecast?
RIOT EPS forecast for the fiscal quarter 2025 (Q2) is -0.2.
