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Riot Platforms, Inc. (RIOT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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Riot Platforms, Inc. (RIOT - Free Report) reported $181.43 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 0.7%. EPS of $0.01 for the same period compares to $0.26 a year ago.
The reported revenue represents a surprise of +12.37% over the Zacks Consensus Estimate of $161.46 million. With the consensus EPS estimate being -$0.34, the EPS surprise was +102.94%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Riot Platforms, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Quantity of Bitcoin mined: 1,637 versus 1,628 estimated by four analysts on average.
Revenue- Bitcoin Mining: $115.99 million compared to the $112.85 million average estimate based on seven analysts. The reported number represents a change of -27.9% year over year.
Revenue- Engineering: $47.01 million compared to the $29.63 million average estimate based on seven analysts. The reported number represents a change of +146.2% year over year.
Revenue- Data Center: $18.43 million compared to the $16.68 million average estimate based on five analysts.
Gross Profit- Bitcoin Mining: $27.05 million versus $40.19 million estimated by five analysts on average.
Gross Profit- Engineering: $7.06 million compared to the $7.66 million average estimate based on five analysts.
Gross Profit- Data Center: $7.25 million versus $5.17 million estimated by four analysts on average.
Shares of Riot Platforms, Inc. have returned -25.9% over the past month versus the Zacks S&P 500 composite's -2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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Riot Platforms, Inc. (RIOT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Riot Platforms, Inc. (RIOT - Free Report) reported $181.43 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 0.7%. EPS of $0.01 for the same period compares to $0.26 a year ago.
The reported revenue represents a surprise of +12.37% over the Zacks Consensus Estimate of $161.46 million. With the consensus EPS estimate being -$0.34, the EPS surprise was +102.94%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Riot Platforms, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Riot Platforms, Inc. here>>>
Shares of Riot Platforms, Inc. have returned -25.9% over the past month versus the Zacks S&P 500 composite's -2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.