Event-Driven Stocks

Riot Platforms, Inc.

RIOTNasdaq

Financials · Finance Services · NV · SEC filings ↗ · Compare ⊕

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Signs3 good3 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$647.4M$376.7M$280.7M$259.2M$213.2M$12.1M
Operating income−$622.2M$153.6M−$63.0M−$512.7M−$29.9M−$15.5M
Net income−$663.2M$109.4M−$49.5M−$509.6M−$15.4M−$14.1M
Total assets$3.94B$3.94B$2.05B$1.32B$372.1M$280.1M
Total liabilities$1.08B$791.6M$163.1M$168.5M$8.1M$3.1M
Equity$2.86B$3.14B$1.89B$1.15B$1.35B$275.6M
EPS (diluted)$-1.95$0.34$-0.28$-3.65$-0.17$-0.33
Shares out.350.2M253.5M167.0M117.3M84.1M31.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−96.1%
Net margin
−102.4%
Return on equity
−23.2%
Return on assets
−16.8%
Return on capital (ROCE)
−17.9%
Liabilities / assets
27.4%
Debt / equity
0.38×
Book value / share
$8.16
Revenue growth (YoY)
71.9%
Net income growth (YoY)
−706.2%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
0.57distress
Accruals / assets
2.3%clean
Piotroski F-Score
2/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
40
/ 100
Profitability 0Growth 50Catalyst 33Earnings quality 67Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

2 severe3 warning3 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Negative operating cash flow
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 202664.5M3.1+4.7%
Apr 30, 202661.6M3.3+16.3%
Apr 15, 202653.0M3.0+0.7%
Mar 31, 202652.6M3.3+3.9%
Mar 13, 202650.7M2.7+1.5%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)

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