Earnings ·
Riot Platforms reported Q2 2026 total revenue of $174.2 million, a 14% year-over-year increase, driven by its new data…
RIOTRiot Platforms, Inc.
Riot Platforms reported Q2 2026 total revenue of $174.2 million, a 14% year-over-year increase, driven by its new data center segment which generated $23.2 million in revenue following the delivery of 25 MW to AMD. The company executed a landmark 20-year lease with a leading frontier AI lab for 191 MW of critical IT capacity at its Rockdale campus, expected to generate approximately $9.1 billion in initial contract revenue and up to $16.1 billion if extension options are exercised. Riot also secured interim financing from Morgan Stanley for the project and maintains over $1.2 billion in liquid assets. The company operates digital infrastructure and Bitcoin mining facilities.