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Riot Platforms 3Q 2026: Revenue $181.4M, Net income $4M, EPS $0.01— 10-Q Summary
Riot Platforms reported third-quarter 2026 revenue of $181.4M, up 0.7% from a year earlier, as growth in Data Center and Engineering offset lower Bitcoin Mining revenue. Net income fell to $4M from $104.5M, and diluted earnings per share was $0.01 compared with $0.26.
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What happened
Riot Platforms reported third-quarter 2026 revenue of $181.4M, up 0.7% from a year earlier, as growth in Data Center and Engineering offset lower Bitcoin Mining revenue. Net income fell to $4M from $104.5M, and diluted earnings per share was $0.01 compared with $0.26.
Confirmed
Global impact / market context
Revenue was nearly flat, but the sharp decline in net income means Riot kept much less profit from its sales than a year earlier. Data Center and Engineering growth may help offset weaker Bitcoin Mining revenue, but the quarter shows that growth did not prevent lower overall earnings.
Analyst inference
The supplied figures show a business with revenue coming from different activities, while Bitcoin Mining revenue was lower and Data Center and Engineering growth provided an offset. The net income decline was much steeper than the small revenue increase, highlighting pressure on profit per sale.
Analyst inference
What to watch
- Watch whether later results show Data Center and Engineering revenue continuing to offset lower Bitcoin Mining revenue; the article provides no segment figures for this quarter. Analyst inference
- Track net income and diluted earnings per share in future quarters to see whether they recover from $4M and $0.01, respectively, or remain weak. Analyst inference
- The article says AMD leased 50 MW at Rockdale after exercising an option and cites another 191 MW lease planned for phased delivery in 2027–28. Confirmed
Affected assets
- BTC — Bitcoin
Evidence
- Original source link unavailable