earnings
confidence high
sentiment neutral
materiality 0.70
Riot Q1 revenue $167.2M; Data Center revenue $33.2M; AMD expands to 50 MW
Riot Platforms, Inc.
2026-Q1 EPS reported
-$1.44
revenue$167,219,000
- Total revenue $167.2M vs $161.4M YoY; Bitcoin mining revenue $111.9M (down from $142.9M).
- Produced 1,473 Bitcoin; average cost to mine $44,629 per BTC.
- Data Center revenue of $33.2M, largely from tenant fit-out services for AMD.
- AMD exercised option for additional 25 MW, total contracted to 50 MW.
- Ended quarter with 15,679 BTC and $282.5M cash ($76.9M restricted).