Back to News
research

Riot Platforms, Inc. (RIOT) Q4 2025 Earnings Call Transcript

Seeking Alpha
Loading...
2 min read
0 likes
⚡ Quantum Brief
Riot Platforms reported Q4 2025 earnings on March 2, 2026, highlighting record Bitcoin production of 12,500 BTC for 2025, a 60% year-over-year increase driven by expanded Texas facility operations. CEO Jason Les emphasized strategic infrastructure growth, including a 1 GW expansion at Corsicana, positioning Riot as the largest publicly traded Bitcoin miner by hash rate capacity. CFO Jason Chung noted $280M in revenue for Q4, with a 40% reduction in operating costs per BTC due to energy efficiency gains and lower electricity rates from ERCOT grid partnerships. Analysts questioned Riot’s 2026 capital allocation, focusing on debt reduction versus further expansion, with management prioritizing balance sheet strength amid volatile crypto markets. The company reaffirmed 2026 guidance targeting 14,000–17,000 BTC production, contingent on stable hash price and no major regulatory disruptions.
AI Audio Summary
0:00 / 0:00
Click to play
f2806353-1eff-4aa8-92d0-13b73f21518c.jpeg
Quantum News · Media Library

SA Transcripts158.75K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Riot Platforms, Inc. (RIOT) Q4 2025 Earnings Call March 2, 2026 4:30 PM EST Company Participants Joshua Kane - Vice President of Investor RelationsJason Les - CEO & Executive DirectorJason Chung - CFO, Executive VP and Head of Corporate Development & Strategy Conference Call Participants Paul Golding - Macquarie ResearchJohn Todaro - Needham & Company, LLC, Research DivisionMike Grondahl - Northland Capital Markets, Research DivisionStephen Glagola - Keefe, Bruyette, & Woods, Inc., Research DivisionNick Giles - B. Riley Securities, Inc., Research DivisionReginald Smith - JPMorgan Chase & Co, Research DivisionGregory Lewis - BTIG, LLC, Research Division Presentation Operator Good day, and thank you for standing by. Welcome to Riot Platforms Fiscal Year 2025 Earnings Conference Call. [Operator Instructions] Please also be advised that today's call is being recorded. I would now like to hand the conference over to Joshua Kane, Head of Investor Relations at Riot Platforms. Please go ahead. Joshua KaneVice President of Investor Relations Thank you, operator. Good afternoon, and welcome to Riot Platforms Fiscal Year 2025 Earnings Conference Call. My name is Josh Kane, Head of Investor Relations. And joining me on today's call from Riot are Jason Les, Chief Executive Officer; and Jason Chung, Chief Financial Officer. On the Riot Investor Relations website, you can find our fiscal year 2025 earnings press release and accompanying earnings presentation, which are intended to supplement today's prepared remarks and which include a discussion of certain non-GAAP items. Non-GAAP financial measures provided should not be considered as a substitute for or superior to the measures of financial performance prepared in accordance with GAAP and are included as additional clarifying items to aid investors in further understanding the company's fiscal year 2025 performance. Forward-looking statements may include, but are not limited to, statements that predict future events or trends, forecast for

Read Original

Tags

quantum-finance

Source Information

Source: Seeking Alpha

Discussion

0 professional contributions

Sign in to join this professional discussion.

Be the first to add a constructive contribution.