For the quarter ended March 2026, Riot Platforms, Inc. (RIOT) reported revenue of $167.22 million, up 3.6% over the same period last year. EPS came in at -$1.44, compared to -$0.90 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $132.24 million, representing a surprise of +26.45%. The company delivered an EPS surprise of -343.08%, with the consensus EPS estimate being -$0.33.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Riot Platforms, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Quantity of Bitcoin mined: 1,473 compared to the 1,399 average estimate based on two analysts. Revenue- Engineering: $22.17 million compared to the $21.16 million average estimate based on seven analysts. The reported number represents a change of +59.5% year over year. Revenue- Bitcoin Mining: $111.9 million versus $113.95 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a -21.7% change. Gross Profit- Bitcoin Mining: $25.13 million versus the four-analyst average estimate of $36.51 million. Gross Profit- Engineering: $7.45 million versus the three-analyst average estimate of $2.36 million.View all Key Company Metrics for Riot Platforms, Inc. here>>>
Shares of Riot Platforms, Inc. have returned +27.3% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Radical New Technology Could Hand Investors Huge Gains
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Riot Platforms, Inc. (RIOT): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).