Riot Blockchain (RIOT) Revenue & Revenue Breakdown


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Riot Blockchain Revenue Highlights


Latest Revenue (Y)

$280.68M

Latest Revenue (Q)

$84.80M

Main Segment (Y)

Revenue Net Mining

Riot Blockchain Revenue by Period


Riot Blockchain Revenue by Year

DateRevenueChange
2023-12-31$280.68M8.30%
2022-12-31$259.17M21.54%
2021-12-31$213.24M1665.11%
2020-12-31$12.08M76.70%
2019-12-31$6.84M-12.85%
2018-12-31$7.85M2809.37%
2017-12-31$269.66K154.12%
2016-12-31$106.11K-46.43%
2015-12-31$198.09K-24.58%
2014-12-31$262.65K86.69%
2013-12-31$140.69K126.45%
2012-12-31$62.13K-77.94%
2011-12-31$281.60K-23.94%
2010-12-31$370.23K-26.66%
2009-12-31$504.82K-38.54%
2008-12-31$821.44K-3.23%
2007-12-31$848.90K-25.55%
2006-12-31$1.14M32.59%
2005-12-31$859.92K6.94%
2004-12-31$804.10K23.60%
2003-12-31$650.58K-12.72%
2002-12-31$745.43K-33.64%
2001-12-31$1.12M-

Riot Blockchain generated $280.68M in revenue during NA 2023, up 8.30% compared to the previous quarter, and up 3577.64% compared to the same period a year ago.

Riot Blockchain Revenue by Quarter

DateRevenueChange
2024-09-30$84.80M21.11%
2024-06-30$70.02M-11.70%
2024-03-31$79.30M0.61%
2023-12-31$78.81M51.88%
2023-09-30$51.89M-32.38%
2023-06-30$76.74M4.78%
2023-03-31$73.24M21.76%
2022-12-31$60.15M29.94%
2022-09-30$46.29M-36.54%
2022-06-30$72.95M-8.57%
2022-03-31$79.79M-12.22%
2021-12-31$90.89M40.25%
2021-09-30$64.81M88.68%
2021-06-30$34.35M48.07%
2021-03-31$23.20M338.42%
2020-12-31$5.29M114.91%
2020-09-30$2.46M26.78%
2020-06-30$1.94M-18.61%
2020-03-31$2.39M98.75%
2019-12-31$1.20M-30.97%
2019-09-30$1.74M-29.50%
2019-06-30$2.47M72.49%
2019-03-31$1.43M-15.14%
2018-12-31$1.69M-28.79%
2018-09-30$2.37M-15.26%
2018-06-30$2.79M201.74%
2018-03-31$925.55K369.51%
2017-12-31$197.13K715.44%
2017-09-30$24.18K0.00%
2017-06-30$24.17K-0.00%
2017-03-31$24.18K-23.66%
2016-12-31$31.67K21.34%
2016-09-30$26.10K7.96%
2016-06-30$24.17K-0.00%
2016-03-31$24.18K-26.00%
2015-12-31$32.67K-59.80%
2015-09-30$81.26K66.90%
2015-06-30$48.69K37.30%
2015-03-31$35.46K-65.61%
2014-12-31$103.11K70.50%
2014-09-30$60.47K150.15%
2014-06-30$24.17K-67.73%
2014-03-31$74.90K225.55%
2013-12-31$23.01K-70.42%
2013-09-30$77.78K266.02%
2013-06-30$21.25K13.91%
2013-03-31$18.66K10.50%
2012-12-31$16.88K57.33%
2012-09-30$10.73K-60.61%
2012-06-30$27.24K274.45%
2012-03-31$7.28K-86.35%
2011-12-31$53.28K32.72%
2011-09-30$40.15K-45.07%
2011-06-30$73.09K-36.49%
2011-03-31$115.08K30.06%
2010-12-31$88.48K9.94%
2010-09-30$80.48K5.89%
2010-06-30$76.01K-51.93%
2010-03-31$158.12K-44.04%
2009-12-31$282.57K308.26%
2009-09-30$69.21K-20.33%
2009-06-30$86.88K-11.47%
2009-03-31$98.13K-17.17%
2008-12-31$118.48K-47.93%
2008-09-30$227.53K128.04%
2008-06-30$99.78K-73.44%
2008-03-31$375.66K198.66%
2007-12-31$125.78K-

Riot Blockchain generated $84.80M in revenue during Q3 2024, up 21.11% compared to the previous quarter, and up 110.50% compared to the same period a year ago.

Riot Blockchain Revenue Breakdown


Riot Blockchain Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Revenue Net Mining$189.00M----
Revenue Net Hosting$186.26M----
Eliminations Member$-132.71M----
Other Revenue Member$97.00K$97.00K---
Revenue Net Engineering$72.83M----
Product-$74.33M---
Other Member-$582.00K---
Revenue, net - mining--$184.42M--
Engineering--$5.26M--
Hosting--$8.30M--
Eliminations--$-1.09M--
Other--$97.00K--
Data Center Hosting--$24.55M--
Other Revenue--$97.00K--
Revenue, net - engineering--$4.35M--
Revenue, net - hosting--$24.55M--
Revenue - cryptocurrency mining---$11.98M$6.74M
License fees---$97.00K$96.00K

Riot Blockchain's latest annual revenue breakdown by segment (product or service), as of Dec 23: Revenue Net Mining (59.91%), Revenue Net Hosting (59.04%), Revenue Net Engineering (23.09%), Other Revenue Member (0.03%), and Eliminations Member (-42.07%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Other Revenue Member$7.95M$10.11M$24.00K$24.00K$25.00K$24.00K$24.00K$24.00K------------
Eliminations Member--$-541.00K-$-30.46M$-32.48M$-31.28M-------------
Revenue Net Engineering--$6.56M$14.11M$20.90M$18.93M$18.89M-------------
Revenue Net Mining--$74.60M$95.16M$31.67M$33.48M$28.69M-------------
Revenue Net Hosting---$46.81M$48.59M$44.03M$46.82M-------------
Product-------$22.57M------------
Other Member--------$25.00K-----------
RevenueNetEngineeringMember---------$16.94M$15.24M---------
OtherMember---------$24.00K----------
CostOfRevenuesMiningMember----------$23.93M---------
RevenueNetMiningMember----------$57.95M---------
EliminationsMember----------$-13.35M---------
CostOfRevenuesEngineeringMember----------$13.55M---------
CostOfRevenuesHostingMember----------$21.49M---------
RevenueNetDataCenterHostingMember----------$21.04M---------
OtherRevenueMember----------$24.00K---------
Data Center Hosting-----------$10.48M--------
Revenue, net - mining-----------$76.21M--------
Revenue, net - hosting-----------$10.48M--------
Other-----------$24.00K--------
Revenue, net - data center hosting------------$11.19M$2.87M------
Revenue, net - cryptocurrency mining------------$53.59M$31.45M$23.17M$2.44M----
Revenue - cryptocurrency mining---------------$5.27M$1.92M$2.36M$1.18M-
License fees---------------$24.00K$25.00K$24.00K$24.00K$23.48K

Riot Blockchain's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Other Revenue Member (100.00%).

Riot Blockchain Revenue Breakdown by Country

Quarterly Revenue by Country

CountryJun 22Mar 22
OtherRevenueMember$24.00K$24.00K

Riot Blockchain's latest quarterly revenue breakdown by geography, as of Jun 22: OtherRevenueMember (100.00%).

Riot Blockchain Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
MARAMarathon Digital$387.51M$131.65M
RIOTRiot Blockchain$280.68M$84.80M
CLSKCleanSpark$168.41M$104.11M
HUTHut 8 Mining$150.68M$48.18M
BITFBitfarms$149.05M$50.09M
HIVEHIVE Blockchain$106.32M$37.07M
WULFTeraWulf$69.23M$27.06M
BTBTBit Digital$44.92M$30.29M

RIOT Revenue FAQ


What is Riot Blockchain’s yearly revenue?

Riot Blockchain's yearly revenue for 2023 was $280.68M, representing an increase of 8.30% compared to 2022. The company's yearly revenue for 2022 was $259.17M, representing an increase of 21.54% compared to 2021. RIOT's yearly revenue for 2021 was $213.24M, representing an increase of 1665.11% compared to 2020.

What is Riot Blockchain’s quarterly revenue?

Riot Blockchain's quarterly revenue for Q3 2024 was $84.8M, a 21.11% increase from the previous quarter (Q2 2024), and a 63.42% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $70.02M, a -11.70% decrease from the previous quarter (Q1 2024), and a -8.76% decrease year-over-year (Q2 2023). RIOT's quarterly revenue for Q1 2024 was $79.3M, a 0.61% increase from the previous quarter (Q4 2023), and a 8.27% increase year-over-year (Q1 2023).

What is Riot Blockchain’s revenue growth rate?

Riot Blockchain's revenue growth rate for the last 3 years (2021-2023) was 31.62%, and for the last 5 years (2019-2023) was 4005.28%.

What are Riot Blockchain’s revenue streams?

Riot Blockchain's revenue streams in c 23 are Revenue Net Mining, Revenue Net Hosting, Eliminations Member, Other Revenue Member, and Revenue Net Engineering. Revenue Net Mining generated $189M in revenue, accounting 59.91% of the company's total revenue Revenue Net Hosting generated $186.26M in revenue, accounting 59.04% of the company's total revenue Eliminations Member generated $-133M in revenue, accounting -42.07% of the company's total revenue Other Revenue Member generated $97K in revenue, accounting 0.03% of the company's total revenue Revenue Net Engineering generated $72.83M in revenue, accounting 23.09% of the company's total revenue

What is Riot Blockchain’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Riot Blockchain was Revenue Net Mining. This segment made a revenue of $189M, representing 59.91% of the company's total revenue.