Revenue Breakdown
Composition ()
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Revenue Streams
Riot Platforms Inc (RIOT) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Mining, accounting for 89.2% of total sales, equivalent to $160.79M. Other significant revenue streams include Engineering and Other revenue. Understanding this composition is critical for investors evaluating how RIOT navigates market cycles within the Blockchain & Cryptocurrency industry.
Profitability & Margins
Evaluating the bottom line, Riot Platforms Inc maintains a gross margin of -6.75%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -28.48%, while the net margin is 57.97%. These profitability ratios, combined with a Return on Equity (ROE) of 5.24%, provide a clear picture of how effectively RIOT converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, RIOT competes directly with industry leaders such as APPF and KBR. With a market capitalization of $6.06B, it holds a significant position in the sector. When comparing efficiency, RIOT's gross margin of -6.75% stands against APPF's 61.46% and KBR's 15.38%. Such benchmarking helps identify whether Riot Platforms Inc is trading at a premium or discount relative to its financial performance.
