Riot Reports $181.4M in Q3 Revenue, Has Sold 20,264 Bitcoin Year-to-Date

Nov. 4 — According to an SEC filing, Riot Platforms released its third-quarter 2026 financial results: revenue of $181.4 million, up 1% year over year; net income of $4.03 million, compared with $104.5 million in the same period last year. Bitcoin mining revenue was $116 million, down 28% year over year; data center revenue was $18.4 million. It produced 1,637 bitcoin during the quarter. The company also announced that it has signed a 15-year lease with a frontier AI lab, leasing out all 910MW of IT capacity at its Corsicana campus, with a total contract value of approximately $28 billion. As of the end of the quarter, the company held cash and bitcoin totaling $950.2 million, and has sold 20,264 bitcoin year-to-date.