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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 $485M
LTM EBITDA $335M
$3.3B
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 (LTM) of $485M and a last 12-month EBITDA of $335M.
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| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $485M | XXX | $377M | XXX | XXX | XXX |
| Gross Profit | $189M | XXX | $114M | XXX | XXX | XXX |
| Gross Margin | 39% | XXX | 30% | XXX | XXX | XXX |
| EBITDA | $335M | XXX | $324M | XXX | XXX | XXX |
| EBITDA Margin | 69% | XXX | 86% | XXX | XXX | XXX |
| EBIT | -$62.0M | XXX | -$331M | XXX | XXX | XXX |
| EBIT Margin | -13% | XXX | -88% | XXX | XXX | XXX |
| Net Profit | -$127M | XXX | $109M | XXX | XXX | XXX |
| Net Margin | -26% | XXX | 29% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $307M | XXX | XXX | XXX |
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As of May 30, 2025, Riot Platforms's stock price is $8.
Riot Platforms has current market cap of $2.9B, and EV of $3.3B.
See Riot Platforms trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $3.3B | $2.9B | XXX | XXX | XXX | XXX | $-0.32 |
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Start Free TrialAs of May 30, 2025, Riot Platforms has market cap of $2.9B and EV of $3.3B.
Riot Platforms's trades at 8.7x EV/Revenue multiple, and 10.1x EV/EBITDA.
Equity research analysts estimate Riot Platforms's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Riot Platforms has a P/E ratio of -22.7x.
See valuation multiples for Riot Platforms and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2.9B | XXX | $2.9B | XXX | XXX | XXX |
| EV (current) | $3.3B | XXX | $3.3B | XXX | XXX | XXX |
| EV/Revenue | 6.7x | XXX | 8.7x | XXX | XXX | XXX |
| EV/EBITDA | 9.8x | XXX | 10.1x | XXX | XXX | XXX |
| EV/EBIT | -52.7x | XXX | -9.9x | XXX | XXX | XXX |
| EV/Gross Profit | 17.2x | XXX | n/a | XXX | XXX | XXX |
| P/E | -22.7x | XXX | 26.4x | XXX | XXX | XXX |
| EV/FCF | -5.9x | XXX | -2.1x | 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.
Start Free TrialRiot Platforms's last 12 month revenue growth is 38%
Riot Platforms's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.6M for the same period.
Riot Platforms's rule of 40 is 37% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Riot Platforms's rule of X is 163% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Riot Platforms and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 38% | XXX | 37% | XXX | XXX | XXX |
| EBITDA Margin | 69% | XXX | 86% | XXX | XXX | XXX |
| EBITDA Growth | -50% | XXX | n/a | XXX | XXX | XXX |
| Rule of 40 | 37% | XXX | 124% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 163% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.6M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 118% | 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 |
| More Impact | 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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Start Free Trial| 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 $2.9B |
| What is the current revenue of Riot Platforms? | Riot Platforms's last 12 months revenue is $485M. |
| What is the current revenue growth of Riot Platforms? | Riot Platforms revenue growth (NTM/LTM) is 38%. |
| What is the current EV/Revenue multiple of Riot Platforms? | Current revenue multiple of Riot Platforms is 6.7x. |
| Is Riot Platforms profitable? | Yes, Riot Platforms is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Riot Platforms? | Riot Platforms's last 12 months EBITDA is $335M. |
| What is Riot Platforms's EBITDA margin? | Riot Platforms's last 12 months EBITDA margin is 69%. |
| What is the current EV/EBITDA multiple of Riot Platforms? | Current EBITDA multiple of Riot Platforms is 9.8x. |
| What is the current FCF of Riot Platforms? | Riot Platforms's last 12 months FCF is -$556M. |
| What is Riot Platforms's FCF margin? | Riot Platforms's last 12 months FCF margin is -115%. |
| What is the current EV/FCF multiple of Riot Platforms? | Current FCF multiple of Riot Platforms is -5.9x. |
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