Q2 FY2026 EarningsQ2 FY26 results beat consensus on the top line, with revenue reaching $174.2M vs. $152.9M expected, driven by a 252% YoY surge in Engineering revenue. Despite the revenue beat, the company reported a significant GAAP net loss of -$237.2M, primarily weighed down by non-cash impairments and fair value adjustments. However, the landmark 20-year, 191 MW AI data center lease signed post-quarter, expected to generate $9.1B in contract revenue, provides a transformative growth catalyst for the Data Center segment.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Riot Platforms(RIOT) the Revenue is 174.24 M (+13.89%), Beat estimate;the EBIT is -239.43 M (-210.8%), Miss estimate;the EPS is -0.68 (-219.3%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.17B13.89%
0.15B0.07%
+0.02B13.96%
EBITMiss expectations
-0.24B210.77%
-0.11B152.33%
-0.13B58.44%
EPSMiss expectations
-0.68219.30%
-0.2862150.21%
-0.393869.09%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf