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Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. The company's segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.
2000
783
LTM Revenue $459M
LTM EBITDA $397M
$2.7B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Riot Platforms has a last 12-month revenue of $459M and a last 12-month EBITDA of $397M.
In the most recent fiscal year, Riot Platforms achieved revenue of $377M and an EBITDA of $324M.
Riot Platforms expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Riot Platforms valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $281M | $377M | XXX | XXX | XXX |
| Gross Profit | $65.5M | $26.3M | XXX | XXX | XXX |
| Gross Margin | 23% | 7% | XXX | XXX | XXX |
| EBITDA | -$2.8M | $324M | XXX | XXX | XXX |
| EBITDA Margin | -1% | 86% | XXX | XXX | XXX |
| Net Profit | -$510M | -$49.5M | XXX | XXX | XXX |
| Net Margin | -182% | -13% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
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As of April 15, 2025, Riot Platforms's stock price is $7.
Riot Platforms has current market cap of $2.5B, and EV of $2.7B.
See Riot Platforms trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2.7B | $2.5B | XXX | XXX | XXX | XXX | $0.01 |
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Sign UpAs of April 15, 2025, Riot Platforms has market cap of $2.5B and EV of $2.7B.
Riot Platforms's trades at 5.8x LTM EV/Revenue multiple, and 6.7x LTM EBITDA.
Analysts estimate Riot Platforms's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Riot Platforms and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $2.7B | XXX | XXX | XXX |
| EV/Revenue | 7.1x | XXX | XXX | XXX |
| EV/EBITDA | 8.2x | XXX | XXX | XXX |
| P/E | 22.4x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | -1.7x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpRiot Platforms's NTM/LTM revenue growth is 51%
Riot Platforms's revenue per employee for the last fiscal year averaged $0.5M, while opex per employee averaged $0.6M for the same period.
Over next 12 months, Riot Platforms's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Riot Platforms's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Riot Platforms and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 34% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 86% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -11736% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 137% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.5M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.6M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 118% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Phoenix Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Jasmine Technology Solution | XXX | XXX | XXX | XXX | XXX | XXX |
| Advanced Blockchain | XXX | XXX | XXX | XXX | XXX | XXX |
| Bitcoin Group | XXX | XXX | XXX | XXX | XXX | XXX |
| AEE Gold | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Riot Platforms acquired XXX companies to date.
Last acquisition by Riot Platforms was XXXXXXXX, XXXXX XXXXX XXXXXX . Riot Platforms acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Riot Platforms founded? | Riot Platforms was founded in 2000. |
| Where is Riot Platforms headquartered? | Riot Platforms is headquartered in United States of America. |
| How many employees does Riot Platforms have? | As of today, Riot Platforms has 783 employees. |
| Who is the CEO of Riot Platforms? | Riot Platforms's CEO is Mr. Jason Les. |
| Is Riot Platforms publicy listed? | Yes, Riot Platforms is a public company listed on NAS. |
| What is the stock symbol of Riot Platforms? | Riot Platforms trades under RIOT ticker. |
| When did Riot Platforms go public? | Riot Platforms went public in 2003. |
| Who are competitors of Riot Platforms? | Similar companies to Riot Platforms include e.g. Phoenix Group, Jasmine Technology Solution, Advanced Blockchain, Bitcoin Group. |
| What is the current market cap of Riot Platforms? | Riot Platforms's current market cap is $2.5B |
| What is the current revenue of Riot Platforms? | Riot Platforms's last 12-month revenue is $459M. |
| What is the current EBITDA of Riot Platforms? | Riot Platforms's last 12-month EBITDA is $397M. |
| What is the current EV/Revenue multiple of Riot Platforms? | Current revenue multiple of Riot Platforms is 5.8x. |
| What is the current EV/EBITDA multiple of Riot Platforms? | Current EBITDA multiple of Riot Platforms is 6.7x. |
| What is the current revenue growth of Riot Platforms? | Riot Platforms revenue growth between 2023 and 2024 was 34%. |
| Is Riot Platforms profitable? | Yes, Riot Platforms is EBITDA-positive (as of the last 12 months). |
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