Riot Platforms, Inc. (RIOT) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - Riot Platforms, Inc. reported a revenue of $161.39 million for Q1 2025, marking a year-over-year increase of 103.5$0.90, a decline from $0.81 a year ago, indicating a significant EPS surprise of -260.00$0.25 [1] Revenue Breakdown - Bitcoin mined was reported at 1,530, matching the average estimate from two analysts [4] - Revenue from Bitcoin mining reached $142.90 million, exceeding the six-analyst average estimate of$139.35 million, with a year-over-year increase of 91.6% [4] - Engineering revenue was reported at $13.90 million, below the six-analyst average estimate of$16.57 million, but still reflecting a year-over-year increase of 195.7% [4] - Other revenue amounted to $4.60 million, slightly below the four-analyst average estimate of$5.11 million, yet showing a remarkable year-over-year increase of 19066.7% [4] Stock Performance - Over the past month, shares of Riot Platforms, Inc. have returned -9.7%, compared to a -0.7% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]