RIOT Q2 2026 Earnings — Income Statement Breakdown

For its Q2 2026 period (ending 2026-06-30), RIOT reported revenue of $174M, gross profit of $57M (-32.5% gross margin), operating income of −$120M, and net income of −$245M (-140.9% 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%−23.4%−22.0 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−$231M132.5%
Gross Profit−$57M-32.5%
Research & Development—0.0%
Selling, General & Administrative−$36M20.4%
Other Operating Expenses−$28M16.1%
Operating Income−$120M-68.9%
Interest Expense−$3M1.5%
Other Income, net−$123M70.4%
Income Tax Expense$105,0000.1%
Net Income−$245M-140.9%

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