Filing Flows › Riot Platforms (RIOT) › Q2 2026
Riot Platforms (RIOT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Riot Platforms (RIOT) reported revenue of $174M for the second quarter 2026 (Q2 2026), +14% from a year earlier and +4% from the quarter before. Operating margin was -137.4%, net loss $237M (136.2% of revenue).
Riot Platforms, Q2 2026: revenue $174M (+14% year over year), operating margin -137.4%, net loss $237M, operating cash flow −$90.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $174M | +4% | +14% |
| Operating profit | −$239M | — | — |
| Net earnings | −$237M | — | — |
| Operating cash flow | −$90.1M | — | — |
What changed
Revenue was $174.2M in Q2 2026, up 14% year over year and up 4% from the previous quarter. Bitcoin Mining was the largest line at 65% of revenue. Engineering added $26.7M year over year (up 253%), 126% of the total change. Bitcoin Mining declined 19%.
Operating costs exceeded revenue by $239.4M, an operating margin of -137.4%. The quarter ended with a net loss of $237.3M, narrower than the previous quarter's $500.2M loss.
Operating cash flow was −$90.1M. Non-cash charges added back $97.8M of depreciation and amortization and $35.6M of share-based compensation. Working capital and other items added $13.8M. Capital expenditures of $60.7M exceeded it, leaving free cash flow of −$150.9M.
Questions
What was Riot Platforms' revenue in the second quarter 2026?
Riot Platforms (RIOT) reported revenue of $174M for the second quarter 2026 (Q2 2026), +14% from a year earlier and +4% from the quarter before.
Was Riot Platforms profitable in the second quarter 2026?
Operating loss was $239M (-137.4% of revenue) and net loss $237M.
Source: Riot Platforms 10-Q on SEC EDGAR.