RIOT Q2 2026 Earnings — Income Statement Breakdown

For its Q2 2026 period (ending 2026-06-30), RIOT reported revenue of $174M, gross profit of $41M (23.7% gross margin), operating income of −$169M, and net income of −$237M (-136.1% net margin). The flow of revenue into costs and profit is visualized below.

What changed

RIOT reported a net loss; revenue grew 4.2% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+4.2%−19.3%−17.2 pp

Consensus estimate data is not available for this report.

RIOT Q2 2026 Income Statement

RIOT Q2 2026 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$174M100%
Cost of Revenue−$133M76.3%
Gross Profit$41M23.7%
Research & Development−$1M0.8%
Selling, General & Administrative−$73M41.8%
Other Operating Expenses−$136M77.9%
Operating Income−$169M-96.8%
Interest Expense−$3M1.5%
Other Income, net−$66M37.7%
Income Tax Expense$105,0000.1%
Net Income−$237M-136.1%

Source: RIOT filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.