Riot Blockchain (RIOT) Revenue & Revenue Breakdown


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Riot Blockchain Revenue Highlights


Latest Revenue (Y)

$280.68M

Latest Revenue (Q)

$70.02M

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
2024-06-30$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 $70.02M in revenue during Q2 2024, up -11.70% compared to the previous quarter, and up 95.61% 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----
Other Revenue Member$97.00K$97.00K---
Revenue Net Engineering$72.83M----
Revenue Net Hosting$186.26M----
Eliminations Member$-132.71M----
Other Member-$582.00K---
Product-$74.33M---
Revenue, net - hosting--$24.55M--
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--
License fees---$97.00K$96.00K
Revenue - cryptocurrency mining---$11.98M$6.74M

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/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Other Revenue Member$10.11M$24.00K$24.00K$25.00K$24.00K$24.00K$24.00K-------------
Revenue Net Mining-$74.60M$95.16M$31.67M$33.48M$28.69M--------------
Eliminations Member-$-541.00K-$-30.46M$-32.48M$-31.28M--------------
Revenue Net Engineering-$6.56M$14.11M$20.90M$18.93M$18.89M--------------
Revenue Net Hosting--$46.81M$48.59M$44.03M$46.82M--------------
Product------$22.57M-------------
Other Member-------$25.00K------------
OtherMember--------$24.00K-----------
RevenueNetEngineeringMember--------$16.94M$15.24M----------
CostOfRevenuesMiningMember---------$23.93M----------
RevenueNetMiningMember---------$57.95M----------
RevenueNetDataCenterHostingMember---------$21.04M----------
OtherRevenueMember---------$24.00K----------
EliminationsMember---------$-13.35M----------
CostOfRevenuesEngineeringMember---------$13.55M----------
CostOfRevenuesHostingMember---------$21.49M----------
Revenue, net - hosting----------$10.48M---------
Revenue, net - mining----------$76.21M---------
Data Center Hosting----------$10.48M---------
Other----------$24.00K---------
Revenue, net - cryptocurrency mining-----------$53.59M$31.45M$23.17M$2.44M-----
Revenue, net - data center hosting-----------$11.19M$2.87M-------
Revenue - cryptocurrency mining--------------$5.27M$1.92M$2.36M$1.18M--
License fees--------------$24.00K$25.00K$24.00K$24.00K$23.48K$24.17K
Revenue - digital currency mining-------------------$1.71M

Riot Blockchain's latest quarterly revenue breakdown by segment (product or service), as of Jun 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$145.14M
RIOTRiot Blockchain$280.68M$70.02M
CLSKCleanSpark$168.41M$104.11M
HUTHut 8 Mining$150.68M$22.24M
BITFBitfarms$149.05M$50.09M
HIVEHIVE Blockchain$106.32M$37.07M
WULFTeraWulf$69.23M$35.57M
BTBTBit Digital$44.92M$30.29M

RIOT Revenue FAQ


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.

Riot Blockchain'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). The company'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). RIOT's quarterly revenue for Q4 2023 was $78.81M, a 51.88% increase from the previous quarter (Q3 2023), and a 31.03% increase year-over-year (Q4 2022).

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%.

Riot Blockchain's revenue streams in c 23 are Revenue Net Mining, Other Revenue Member, Revenue Net Engineering, Revenue Net Hosting, and Eliminations Member. Revenue Net Mining generated $189M in revenue, accounting 59.91% 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 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

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.