Riot Platforms (RIOT) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- -$0.66
- Estimate
- -$0.32
- Surprise
- -108.8%
- Revenue (period 2026-06-30)
- $174.2M
- Score today
- 5.6/10
Revenue source: xbrl.
How the report landed
Riot Platforms (RIOT) reported a wider loss than forecast — adjusted EPS of -$0.66 against the -$0.32 estimate (a 108.8% shortfall).
Where TrendMatrix's rating stands now
TrendMatrix currently rates RIOT Sell at 5.6/10; no pre/post engine snapshot brackets this report.
1 of the last 4 quarters beat the estimate; this quarter's -108.8% surprise compares with a -52.2% four-quarter average. Next scheduled report: 2026-11-04.
What argues against it
- Quality below floor (2.4 < 4.0)
- Value-trap signals (2/5): Margin compression (op margin 2.3%), High leverage (D/E 8.8)
- EARNINGS_PROXIMITY:0d<=7d
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $15.37
- Price target
- $25.50
- Stop
- $14.29
- Upside to target
- +65.9%
- Reward-to-risk
- 4.4:1
Risk check: trading volume is running 3.6× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-11-05 — shown for context, not personalized investment advice.
RIOT at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Capital Markets
- Market cap
- $5.26B
- P/E (fwd)
- -14.7
- 52-week range
- $11.50–$30.32
- Off 52-week high
- 49.3%
- RSI (14)
- 49
- Volume vs avg
- 3.63×
- Score today
- 5.6/10