Riot Platforms, Inc.

Finance Services·CASTLE ROCK, CO·FY end 12/31·CIK 1167419

CEO Pay Ratio

1,419:1

Jason M. Les

CEO Total Comp

$83.5M

Jason M. Les

Median Employee

$58,875

Revenue

$647.4M

FY 2025

Net Income

-$663.2M

FY 2025

Free Cash Flow

-$774.3M

FY 2025

Net Margin

-102.4%

Insider Net (180d)

0 buys / 0 sales

CEO Pay Accountability

CEO comp as % of net income

76.35%

For every $1,000 of profit, $763.54 flows to the CEO.

CEO comp as % of buybacks

722.47%

CEO comp equals 7224.7‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$647.4M	$376.7M	$280.7M	$46.3M	$213.2M
Gross Profit	—	—	—	—	—	—
Operating Income	-$622.2M	$153.6M	-$63.0M	-$35.9M	-$22.4M
Net Income	-$663.2M	$109.4M	-$49.5M	-$32.4M	-$7.9M
Operating CF	-$572.9M	-$255.1M	$33.1M	$530.0K	-$86.4M
Capex	$201.4M	$240.3M	$193.7M	$148.4M	$147.1M
Free Cash Flow	-$774.3M	-$495.4M	-$160.6M	-$147.9M	-$233.5M
Buybacks	$4.3M	$11.6M	$14.0M	$10.1M	$5.1M
Dividends	—	—	—	—	—	—

Gross Margin	—	—	—	—	—	—
Operating Margin	-96.1%	40.8%	-22.5%	-77.5%	-10.5%
Net Margin	-102.4%	29.0%	-17.6%	-70.1%	-3.7%
FCF Margin	-119.6%	-131.5%	-57.2%	-319.5%	-109.5%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	0.0%	0.7%	9.3%	0.6%	-3.3%
Debt / Equity	0.50	0.19	—	—	—
Buybacks / FCF	-0.6%	-2.3%	-8.7%	-6.9%	-2.2%

FY 2024

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Jason M. LesCEO	$1.3M	$79.3M	—	$2.9M	$41.1K	$83.5M
Benjamin YiExecutive Chairman	$1.4M	$79.3M	—	$2.9M	$9.6K	$83.5M
William JackmanEVP, General Counsel	$500.0K	$19.8M	—	$915.0K	$16.0K	$21.2M
Jason ChungEVP, Head of Corporate Development & Strategy	$475.0K	$19.8M	—	$858.8K	$18.2K	$21.1M
Colin YeeEVP, CFO	$475.0K	$19.8M	—	$863.8K	$8.0K	$21.1M