Riot Platforms — Third Quarter 2026 Earnings Summary

Riot Platforms signed a 15-year triple-net powered land lease with a leading Frontier AI Lab for its Corsicana campus, securing 910 megawatts of critical IT capacity with a total contract value of approximately $28 billion. The company now has 1,151 megawatts of critical IT capacity under long-term contracts, representing roughly $38 billion in contracted revenue across its Corsicana, Rockdale, and AMD sites. For the third quarter of 2026, Riot reported total revenue of $181.4 million, including $18.4 million from data center operations and $116.0 million from Bitcoin mining, while producing 1,637 Bitcoin. The company ended the quarter with $950.2 million in combined cash and Bitcoin holdings and sold 20,264 Bitcoin year-to-date to fund data center development without raising new equity.