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How Riot Platforms (RIOT) makes money
Riot Platforms (RIOT) made $181M of revenue in the third quarter 2026 (Q3 2026), +0.9% from a year earlier. Bitcoin Mining brought in $116M (64%); Engineering brought in $47.0M (26%); Data Center brought in $18.4M (10%). Of every dollar of revenue, 1¢ was left as operating profit, 2¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Bitcoin Mining | $116M | 63.9% | +2% | -28% |
| Engineering | $47.0M | 25.9% | +26% | +146% |
| Data Center | $18.4M | 10.2% | -21% | — |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $181M | 100.0% |
| Operating profit | $1.2M | 0.7% |
| Net earnings | $4.0M | 2.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $181M | +0.7% |
| Q2 2026 | $174M | +14% |
| Q1 2026 | $167M | +4% |
| Q4 2025 | $153M | +7% |
| Q3 2025 | $180M | +113% |
| Q1 2025 | $161M | +104% |
From Riot Platforms' 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Riot Platforms make money?
Riot Platforms (RIOT) made $181M of revenue in the third quarter 2026 (Q3 2026), +0.9% from a year earlier. Bitcoin Mining brought in $116M (64%); Engineering brought in $47.0M (26%); Data Center brought in $18.4M (10%). Of every dollar of revenue, 1¢ was left as operating profit, 2¢ was left as net earnings.
What is Riot Platforms' biggest business?
Bitcoin Mining: $116M in the third quarter 2026, 64% of revenue, -28% from a year earlier.
What is Riot Platforms' profit margin?
Net earnings were $4.0M, 2.2% of revenue, in the third quarter 2026; the operating margin was 0.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.