7Baggers

Riot Blockchain Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Revenue  
 Operating Profit  
 Net Income  
20200630 20200930 20201231 20210331 20210630 20210930 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240630 20240930 20241231 20250331 20250630 -366.33-282.65-198.97-115.28-31.652.09135.77219.45Milllion

Riot Blockchain Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-03-31 2015-12-31 2014-12-31 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 
                                                 
  revenue:                                               
  bitcoin mining140,889,000 142,859,000 126,351,000 67,491,000 55,764,000 74,597,000 60,009,000 31,222,000 49,742,000 48,023,000                                      
  engineering10,576,000 13,920,000 11,551,000 12,638,000 9,627,000 4,675,000 13,308,000 15,536,000 19,312,000 16,147,000 20,456,000 15,824,000 16,938,000 11,549,000                                  
  other1,523,000 4,608,000 4,656,000 4,657,000 4,627,000                                 -31,475.25 -52,241  4,000     10,783.75  
  total revenue152,988,000 161,387,000 142,558,000 84,786,000 70,018,000 79,296,000 78,812,000 51,891,000 76,739,000 73,236,000 60,147,000 46,290,000 72,947,000 79,787,000 64,808,000 34,348,000 23,197,000 5,291,000 2,462,000 1,942,000 1,430,260 1,685,403 2,366,683 2,792,794 925,554                       
  yoy118.50% 103.52% 80.88% 63.39% -8.76% 8.27% 31.03% 12.10% 5.20% -8.21% -7.19% 34.77% 214.47% 1407.98% 2532.33% 1668.69% 1521.87% 213.93% 4.03% -30.46% 54.53%                           
  qoq-5.20% 13.21% 68.14% 21.09% -11.70% 0.61% 51.88% -32.38% 4.78% 21.76% 29.94% -36.54% -8.57% 23.11% 88.68% 48.07% 338.42% 114.91% 26.78% 35.78% -15.14% -28.79% -15.26% 201.74%                        
  ​                                               
  costs and expenses:                                               
  cost of revenue                                               
  acquisition-related costs111,000 76,000 2,462,000 3,079,000           552,000 17,032,000                                
  selling, general, and administrative75,902,000 71,448,000 81,138,000 66,936,000 61,189,000 57,652,000 38,768,000 29,067,000 19,836,000 12,675,000                                      
  depreciation and amortization83,197,000 77,926,000 82,384,000 60,000,000 37,326,000 32,343,000 62,283,000 64,569,000 66,162,000 59,340,000 46,584,000 26,559,000 20,562,000 14,245,000 12,207,000 5,738,000 2,846,000 1,733,000 1,267,000 830,000 23,839 -418,292 658,338 2,870,899 2,156,427                       
  change in fair value of bitcoin-470,812,000 208,040,000 -291,178,000 -8,554,000 76,403,000 -234,080,000                                          
  change in fair value of derivative asset42,747,000 -41,894,000 -21,879,000 24,318,000 -27,484,000 -20,232,000 4,553,000 -3,943,000 -13,109,000 5,778,000 15,447,000 17,749,000 -60,931,000 -46,235,000 -9,920,000 -17,536,000                                
  power curtailment credits-8,313,000 -7,801,000 -2,240,000 -12,417,000 -13,897,000 -5,131,000 -5,069,000 -49,601,000 -13,470,000 -3,075,000 -6,017,000 -13,070,000 -5,706,000                                   
  change in fair value of contingent consideration-9,390,000 -8,252,000         -335,000   176,000 259,000 185,000                                
  loss on contract settlement158,137,000                                               
  gain on acquisition post-close dispute settlement-26,007,000                                               
  gain on sale/exchange of equipment350,000 129,000 17,361,000  68,000   5,306,000 30,000                                       
  casualty-related charges (recoveries)-119,000  -308,000  -187,000 -2,300,000    1,526,000                                      
  total costs and expenses-63,158,000 395,261,000 -45,644,000 206,299,000 187,059,000 -124,646,000 4,718,000 99,722,000 109,222,000 130,063,000 218,233,000 86,301,000 438,960,000 41,878,000 69,020,000 39,499,000 15,842,000 6,122,000 4,569,000 13,912,000 4,647,315 11,044,786 8,824,471 26,670,071 20,364,533                       
  operating income216,146,000 -233,874,000 188,202,000 -121,513,000 -117,041,000 203,942,000 74,094,000 -47,831,000 -32,483,000 -56,827,000 -158,086,000 -40,011,000 -366,013,000 37,909,000 -4,212,000 -5,151,000 7,355,000 -831,000 -2,107,000 -11,970,000        -7,499,292 -2,903,744 -3,075,504 -3,072,803 -3,133,603 -2,821,273 -2,438,737 -2,401,628 -2,247,095 -1,874,202 -2,445,513 -3,011,209 -2,746,252 -2,773,214 -3,199,854 -3,027,295 -3,387,093 -3,835,320 -5,155,139 -3,808,864 
  yoy-284.68% -214.68% 154.00% 154.05% 260.31% -458.88% -146.87% 19.54% -91.13% -249.90% 3653.23% 676.76% -5076.38% -4661.85% 99.91% -56.97%            139.32% 2.92% 26.11% 27.95% 39.45% 50.53% -0.28% -20.24% -18.18% -32.42% -23.57% -0.53% -18.92% -27.69% -37.93% -20.52%     
  qoq-192.42% -224.27% -254.88% 3.82% -157.39% 175.25% -254.91% 47.25% -42.84% -64.05% 295.11% -89.07% -1065.50% -1000.02% -18.23% -170.03% -985.08% -60.56% -82.40%         158.26% -5.58% 0.09% -1.94% 11.07% 15.69% 1.55% 6.88% 19.90% -23.36% -18.79% 9.65% -0.97% -13.33% 5.70% -10.62% -11.69% -25.60% 35.35%  
  operating margin %141.28% -144.92% 132.02% -143.32% -167.16% 257.19% 94.01% -92.18% -42.33% -77.59% -262.83% -86.44% -501.75% 47.51% -6.50% -15.00% 31.71% -15.71% -85.58% -616.37% 0% 0% 0% 0% 0%                       
  other income:                                               
  interest income3,334,000 3,397,000 6,034,000 5,175,000 8,152,000 7,805,000 4,891,000 2,318,000 4,843,000 -3,830,000 463,000 348,000   40,000 80,000 175,000 58,000 12,000 16,000                    3,112 8,247 14,088 23,451 11,848 12,309 18,187 27,616 
  interest expense-6,093,000 -2,308,000                   -68,363 -84,975 -21,836 -15,093 -1,069 -4,834  -9,197.5 -36,790           -44,152 -44,867 -50,846 -48,206 -47,005 -48,425 -50,021 -49,141 
  gain on equity method investment - marketable securities6,143,000                                               
  other income244,000 93,000 732,000 90,000 33,000 8,000 164,000 31,000 65,000    -59,000  -85,000 1,510,000  -1,000 -2,000 -12,000 78,872         41,852 713 -11,016 19,104 183,268 -58,459 -62,664 -64,069           
  total other income3,628,000 -62,056,000 -51,088,000 -32,817,000 32,647,000 7,813,000 5,055,000 2,349,000 4,908,000 -3,830,000 -603,000 490,000 -6,520,000 -1,968,000 -11,131,000 28,218,000 175,000 4,748,000 390,000 1,380,000 -10,533,372 -501,017 -69,152 -1,028,561 -275,503 21,386  3,855 -43,905           -41,040 -32,620 207,871 -24,755 -35,157 -36,116 16,065.5 -21,525 
  net income before taxes219,774,000 -295,930,000 137,114,000 -154,330,000 -84,394,000 211,755,000 79,149,000 -45,482,000 -27,575,000 -60,657,000 -158,689,000 -39,521,000 -372,533,000 35,941,000 -15,343,000                                 
  current income tax benefit-320,000 -437,000 -679,000 -32,000 -55,000 22,000 79,000 157,000 -112,000 -76,000 39,000 -89,000 -427,000                                   
  net income219,454,000 -296,367,000 136,435,000 -154,362,000 -84,449,000 211,777,000 79,228,000 -45,325,000 -27,687,000 -55,688,000 -155,779,000 -36,569,000 -366,334,000 35,629,000 -15,343,000 19,337,000 7,530,000 3,917,000 -1,717,000 -10,590,000 -13,750,427 -12,686,400 -6,526,940 -24,433,838 -16,565,350 -4,353,776  -7,495,437 -2,947,649 -3,129,777 -3,072,090 -3,144,619 -2,802,169 -2,504,098 -2,460,087 -2,309,759 -1,938,271 -1,557,225 -3,063,450 -2,787,292 -2,805,834 -2,991,983 -3,052,050 -3,422,250 -3,871,436 -5,186,973 -3,830,389 
  yoy-359.87% -239.94% 72.21% 240.57% 205.01% -480.29% -150.86% 23.94% -92.44% -256.30% 915.31% -289.11% -4964.99% 809.60% 793.59% -282.60% -154.76% -130.88% -73.69% -56.66% -16.99% 191.39%  225.98% 461.99% 39.11%  138.36% 5.19% 24.99% 24.88% 36.14% 44.57% 60.81% -19.70% -17.13% -30.92% -47.95% 0.37% -18.55% -27.52% -42.32% -20.32%     
  qoq-174.05% -317.22% -188.39% 82.79% -139.88% 167.30% -274.80% 63.70% -50.28% -64.25% 325.99% -90.02% -1128.19% -332.22% -179.35% 156.80% 92.24% -328.13% -83.79% -22.98% 8.39% 94.37% -73.29% 47.50% 280.48%   154.29% -5.82% 1.88% -2.31% 12.22% 11.90% 1.79% 6.51% 19.17% 24.47% -49.17% 9.91% -0.66% -6.22% -1.97% -10.82% -11.60% -25.36% 35.42%  
  net income margin %143.45% -183.64% 95.70% -182.06% -120.61% 267.07% 100.53% -87.35% -36.08% -76.04% -259.00% -79.00% -502.19% 44.66% -23.67% 56.30% 32.46% 74.03% -69.74% -545.31% -961.39% -752.72% -275.78% -874.89% -1789.78%                       
  basic net income per share0.65 -0.9    0.82     -0.66 -0.24 -2.81 0.3 -0.16 0.22 0.09                               
  diluted net income per share0.58 -0.9    0.81     -0.66 -0.24 -2.81 0.3 -0.16 0.22 0.09                               
  basic weighted-average number of shares outstanding336,278,380 329,508,458 275,980,010   259,506,242      153,895,123 130,405,502 117,042,347 96,064,036 88,681,338 83,163,400                               
  diluted weighted-average number of shares outstanding382,677,364 329,508,458 318,925,961   262,358,332      153,895,123 130,405,502 117,042,347 96,064,036 89,241,044 83,712,151                               
  unrealized gain on equity method investment - marketable securities -63,238,000 -55,869,000 -38,082,000                                            
  deferred income tax benefit         5,045,000 2,871,000 3,041,000 6,626,000         -2,826,000  472,000 3,053,000                       
  total income tax benefit  -679,000 -32,000 -55,000 22,000 79,000 157,000 -112,000 4,969,000 2,910,000 2,952,000 6,199,000                                   
  basic and diluted net income per share  -0.025 -0.54 -0.32  0.48 -0.25 -0.17 -0.33                  -0.22 -0.14 -0.14 -0.14 -0.21 -0.28 -0.06 -0.32 -1.19 -0.2 -0.19 -0.38 -0.35 -0.07 -0.07 -0.08 -0.09 -0.1 -0.15 -0.12 
  basic and diluted weighted-average number of shares outstanding   286,243,674 264,625,308  175,026,051 180,952,689 167,342,813 167,342,500 139,433,901       41,976,704 44,773,870 34,528,836 14,449,628 13,403,846 14,197,763 13,511,427 12,289,785 4,599,184                      
  cost of revenue:                                               
  unrealized gain on marketable equity securities    24,462,000      -1,576,500 142,000 -4,837,000   339,000                                
  data center hosting      5,471,000 5,108,000 7,661,000 9,042,000 8,963,000 8,371,000 9,834,000                                   
  other revenue     24,000 24,000 25,000 24,000 24,000 24,000 25,000 24,000 24,000 25,000 24,000                                
  realized gain on sale of bitcoin      -11,774,500 -13,495,000 -19,828,000 -13,775,000                                      
  casualty-related charges      381,500                                         
  impairment of bitcoin      3,537,750 4,041,000 5,638,000 4,472,000 15,288,000 5,900,000                                    
  impairment of goodwill            349,148,000                                   
  realized loss on sale of marketable equity securities          -7,372,000  -1,624,000                                   
  unrealized loss on marketable equity securities             -1,611,000 -11,151,000                                 
  revenue, net:                                               
  mining          31,541,500 22,070,000 46,151,000 19,094,000                                  
  cost of revenues                7,534,000 2,102,000 1,302,000 1,439,000 1,471,338 1,886,544 2,031,885 1,477,587 349,011                       
  selling, general and administrative          9,387,250 16,004,000 10,713,000 10,910,000 40,307,000 3,512,000 5,462,000 2,287,000 2,000,000 2,230,000 3,152,138 4,557,587 5,970,411 6,422,883 3,906,197 1,034,653  4,665,198 1,894,442 1,411,243 1,322,976 1,354,330 1,427,955 1,240,043 1,346,391 1,393,714 1,204,675 1,205,513 1,405,979 1,360,256 1,603,473    1,883,677 1,107,008.75 1,602,242 
  realized gain on sale/exchange of bitcoin          -4,903,000 -1,854,000                                    
  gain on exchange of equipment           -7,667,000 -8,614,000                                   
  realized gain on sale/exchange of long-term investment               26,260,000                                
  realized gain on sale/exchange of cryptocurrencies            -14,353,000 -9,236,000 65,000 29,000                                
  impairment of cryptocurrencies            99,787,000 26,390,000  17,507,000                                
  revenue, net - mining             57,945,000                                  
  revenue, net - hosting             9,694,000                                  
  revenue, net - engineering             12,124,000                                  
  hosting             14,985,000                                  
  interest and other income             -357,000                                  
  current income tax expense             -312,000                                  
  revenue, net - cryptocurrency mining              53,590,000 31,450,000 23,173,000 5,267,000 2,437,000                             
  revenue, net - data center hosting              11,193,000 2,874,000                                
  cost of revenues, cryptocurrency mining              13,034,000 9,325,000                                
  cost of revenues, data center hosting              12,581,000 3,736,000                                
  impairment of long-term investment                   9,413,000                            
  reversal of registration rights penalty                   1,358,000                            
  gain on sale of equipment                 -2,000 -5,000 18,000                            
  deferred income tax expense               -3,730,000                                
  license fees                24,000 24,000 25,000 24,000 24,175                           
  loss on issuance of convertible notes, common stock and warrants                    -6,154,660                           
  change in fair value of warrant liability                    -2,753,228                           
  change in fair value of convertible notes                    -1,644,582                           
  gain on deconsolidation of tess                                               
  realized gain on exchange of cryptocurrencies                 122,750 385,000                             
  net income attributable to non-controlling interest                    221,422 1,275,597 296,982 416,918 215,258                       
  net income attributable to riot blockchain                 3,910,000 -1,717,000 -10,590,000 -13,529,005 -11,410,803 -6,229,958 -24,016,920 -16,350,092                       
  basic and diluted net income per share:                 0.16 -0.04 -0.31                            
  revenue - cryptocurrency mining                   1,918,000  1,521,851.25 2,342,508 2,768,619 901,380                       
  revenue - digital currency mining                    1,406,085                           
  impairment of property and equipment                                               
  impairment of digital currencies                     126,274 163,837                         
  operating income from continuing operations                    -3,217,055 -9,359,383 -6,457,788 -23,877,277 -19,438,979 -1,028,170                      
  non-compliance penalty for sec registration requirement                                               
  investment income                    16,842 322 683 6,690 62,586 26,220  49,245 -7,115                   
  realized gain on sale of digital currencies                    4,788 -424,898 219,247                         
  income from continuing operations before income taxes                    -13,750,427 -9,860,400 -6,526,940 -24,905,838 -19,714,482                       
  income from continuing operations                    -13,750,427 -12,686,400 -6,526,940 -24,433,838 -16,661,482 -1,006,784                      
  discontinued operations                         -0.73                      
  income from operations                        96,132 -642,636                      
  income from discontinued operations                        96,132                       
  continuing operations attributable to riot blockchain                    -0.94 -0.77 -0.46 -1.81 -1.36                       
  discontinued operations attributable to riot blockchain                        0.01                       
  net income per share                    -0.94 -0.77 -0.46 -1.81                        
  other revenue - fee                     18,131 24,175 24,175 24,174     23,008 21,708 21,249      8,882 17,766 17,766 17,765 12,657.25 17,766 16,876 15,987 11,990 15,987 
  research and development                     3,633  10,000 4,532 17,692  2,982,282 1,052,298 1,687,306 1,806,373 1,800,522 1,411,973 1,215,180 1,065,967 880,610 676,618 1,292,896 1,644,995 1,456,335 1,271,995 1,620,785 1,043,156 1,311,235 2,044,197 2,780,202 2,275,175 
  impairment of property, plant & equipment                     6,714,505.75                          
  other incomes                     -339,731 -1,746 -1,020,158 -337,020                       
  loss on extinguishment of bmss payable                      -265,500                         
  escrow forfeiture gain                                               
  impairment loss                         -2,704,356                      
  impairment expense                       15,377,532 11,480,491                       
  change in fair value of digital currencies                       511,170 2,467,875                       
  other revenue – fee                         24,175  5,793.75 23,175    18,655 1,122.5 4,490             
  operating expenses:                                               
  total operating expenses                         1,052,345  7,647,480 2,946,740 3,098,549 3,129,349 3,154,852 2,839,928 2,455,223 2,412,358 2,274,324 1,881,293 2,498,409 3,050,974 2,816,591 2,875,468 3,197,899 2,975,177 3,429,141 3,927,874 4,983,075 3,877,417 
  gain on sale of property and equipment                                               
  total income from discontinued operations                         -3,346,992                      
  continuing operations                         -0.22                      
  sales                           115,227 51,728  56,068   801 6,240 27,241 7,275 44,401 22,381 55,322 97,316 88,481 80,483 59,132 142,133 68,621 69,212 
  cost of sales                           39,563 31,907 -37 21,230   396  12 184 387 382 2,749 12,827 108,201 150,367 33,960 65,566 406,672 16,646 
  gross profit                           75,664 19,821 37 34,838   405 6,240 27,229 7,091 44,014 21,999 52,573 84,489 -19,720 -69,884 25,172 76,567 -338,051 52,566 
  yoy                             -90.86% 458.30%   -99.08% -71.64% -48.21% -91.61% -323.19% -131.48% 108.86% 10.35% -94.17% -232.95%     
  qoq                           281.74% 53470.27% -99.89%    -93.51% -77.08% 283.99% -83.89% 100.07% -58.16% -37.78% -528.44% -71.78% -377.63% -67.12% -122.65% -743.10%  
  gross margin %0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%                       
  basic and diluted weighted-average number                                               
  of shares outstanding                           5,409,762.25 21,639,049 3,857,642.5 21,454,380 14,756,578 9,954,380 943,057 7,716,480 1,948,717 9,633,321 2,007,080.25 8,028,321 8,027,665 40,138,324 9,736,858.75 40,138,324 39,174,507 37,500,486 7,958,475 32,158,512 
  (includes non-cash compensation                                               
  of 724,924; 417,870; 1,319,676                                               
  and 805,997)                                           2,117,906    

We provide you with 20 years income statements for Riot Blockchain stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Riot Blockchain stock. Explore the full financial landscape of Riot Blockchain stock with our expertly curated income statements.

The information provided in this report about Riot Blockchain stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.