Filing Flows › Riot Platforms (RIOT) › Q3 2026 › vs Q2 2026
Riot Platforms (RIOT) Q3 2026 vs Q2 2026 (quarter over quarter)
Riot Platforms's revenue rose $7.2M (+4%) from $174M in Q2 2026 to $181M in Q3 2026. The biggest changes: Engineering +$9.7M (+26%); Data Center −$4.8M (-21%); Bitcoin Mining +$2.3M (+2%). Operating margin 0.7% against -137.4% (+138.1 pts).
Riot Platforms, Q3 2026: revenue $181M (+0.7% year over year), operating margin 0.7%, net earnings $4.0M, operating cash flow −$214M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 0.7% | -137.4% | +138.1 pts |
| Net margin | 2.2% | -136.1% | +138.3 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Bitcoin Mining | $116M | $114M | $2.3M | +2% |
| Engineering | $47.0M | $37.3M | $9.7M | +26% |
| Data Center | $18.4M | $23.2M | −$4.8M | -21% |
| Revenue | $181M | $174M | $7.2M | +4% |
| Other income, net | $2.9M | $2.2M | $726K | +34% |
| Operating profit | $1.2M | −$239M | $241M | — |
| Costs & expenses | $180M | $414M | −$233M | -56% |
| Pre-tax earnings | $4.1M | −$237M | $241M | — |
| SG&A | $68.0M | $82.0M | −$14.0M | -17% |
| Other operating costs | $112M | $332M | −$220M | -66% |
| Net earnings | $4.0M | −$237M | $241M | — |
| Minority interests | $73K | −$105K | $178K | — |
| Operating cash sources | $363M | −$13.7M | $377M | — |
| Depreciation & amortization | $124M | $97.8M | $26.1M | +27% |
| Share-based compensation | $21.1M | $35.6M | −$14.5M | -41% |
| Cash used in operations | $214M | $90.1M | $124M | +138% |
| Working capital & other | $363M | −$13.7M | $377M | — |
Questions
How much did Riot Platforms's revenue grow quarter over quarter in Q3 2026?
Riot Platforms's revenue rose $7.2M (+4%) from $174M in Q2 2026 to $181M in Q3 2026.
What drove Riot Platforms's revenue change in Q3 2026?
Engineering +$9.7M (+26%); Data Center −$4.8M (-21%); Bitcoin Mining +$2.3M (+2%).