RIOT Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2026-03-31), RIOT reported revenue of $167M, gross profit of $32M (18.9% gross margin), operating income of −$146M, and net income of −$199M (-118.9% net margin). The flow of revenue into costs and profit is visualized below.
What changed
RIOT reported a net loss; revenue grew 9.4% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +9.4% | +71.2% | +333.1 pp |
Consensus estimate data is not available for this report.
RIOT Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $167M | 100% |
| Cost of Revenue | −$136M | 81.1% |
| Gross Profit | $32M | 18.9% |
| Research & Development | −$1M | 0.8% |
| Selling, General & Administrative | −$79M | 47.2% |
| Other Operating Expenses | −$98M | 58.4% |
| Operating Income | −$146M | -87.5% |
| Interest Expense | −$3M | 1.6% |
| Other Income, net | −$52M | 31.2% |
| Income Tax Expense | −$291,000 | 0.2% |
| Net Income | −$199M | -118.9% |
Source: RIOT filings on SEC EDGAR (period ended 2026-03-31). Data normalized by EarningsFyi.