Riot Platforms vs Cipher Mining: Revenue Comparison

Riot Platforms (RIOT) and Cipher Mining (CIFR) are peers in Crypto. Riot Platforms reported revenue of $167M as of Q1 2026, compared with $35M for Cipher Mining. Riot Platforms leads on revenue.

Riot Platforms's gross margin is -39.6% versus -105.9% for Cipher Mining. Riot Platforms's net margin is -299.3% versus -328.1% for Cipher Mining.

Riot Platforms logo
Riot Platforms
Cipher Mining logo
Cipher Mining

Revenue Comparison

Chart: Revenue Comparison. Values in USD_BILLIONS. In Q1 2026: Riot Platforms 0.167, Cipher Mining 0.035.

Latest Quarter Comparison

Table: Latest Quarter Comparison. 15 rows across Metric, Riot Platforms, Cipher Mining.
MetricRiot PlatformsCipher Mining
Market Cap--
Revenue$167.00M$35.00M
Cost of Revenue$233.00M$72.00M
Gross Profit$-66.00M$-37.00M
Operating Income$-142.00M$-49.00M
Net Income$-500.00M$-114.00M
R&D Expense$0$0
Earnings Per Share-$1.44-$0.28
Gross Margin-39.6%-105.9%
Operating Margin-85.1%-139.6%
Net Profit Margin-299.3%-328.1%
Free Cash Flow$-298.00M$-285.00M
Cumulative Free Cash Flow$-4.17B$-1.50B
Operating Cash Flow$-183.00M$-54.00M
Cash & Equivalents$206.00M$3.73B

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