Riot Platforms, Inc. (NASDAQ:RIOT) shares slipped in Monday's extended trading after the company released its fourth-quarter earnings report.
Here's a look at the key figures from the quarter.
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The Details: Riot Platforms reported quarterly losses of $2.03 per share on quarterly revenue of $152.83 million, according to data from Benzinga Pro.
Riot reported the following full-year 2025 highlights:
- Total revenue of $647.4 million, as compared to $376.7 million for the same 12-month period in 2024. The increase was primarily driven by a $255.3 million increase in Bitcoin (CRYPTO: BTC) mining revenue.
- Produced 5,686 Bitcoin, as compared to 4,828 during the same 12-month period in 2024.
The average cost to mine Bitcoin, excluding depreciation, was $49,645 in the year, as compared to $32,216 per Bitcoin in the same twelve-month period in 2024. - Bitcoin mining revenue of $576.3 million for the year, as compared to $321million for the same 12-month period in 2024, primarily driven by higher average Bitcoin prices and an increase in operational hash rate, partially offset by an increase in the average global network hash rate.
- Engineering revenue of $64.7 million for the year, as compared to $38.5 million for the same 12-month period in 2024.
“2025 marked a watershed year for Riot, defined by a strategic evolution in our business that has transformed our future trajectory,” said Jason Les, CEO of Riot.
“By unlocking our large, nearly two-gigawatt power portfolio for high-demand data center infrastructure, we are driving significant shareholder value,” Les added.
RIOT Stock Price: According to data from Benzinga Pro, Riot Platforms stock slipped 1.28% to $16.22 in Monday's extended trading.
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