Riot Platforms Q2 FY26 net loss widens to $237.17 million; revenue rises 14% to $174.2 million - RIOT News | RalliesRiot Platforms Q2 FY26 net loss widens to $237.17 million; revenue rises 14% to $174.2 million
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RIOT• Quarterly results
- Riot Platforms posted Q2 revenue of $174.2 million, up 14% year over year, with data center revenue of $23.2 million.
- Net loss widened to $237.17 million under GAAP, swinging from a GAAP net profit a year earlier; bitcoin mining revenue fell to $113.7 million.
- Engineering revenue more than doubled to $37.3 million; produced 1,587 bitcoin, up from the prior year period.
Data center and AI contracts
- Executed a 20-year, 191 MW Rockdale data center lease with a frontier AI lab, targeting about $9.1 billion in initial contract revenue.
- Completed initial 25 MW delivery to AMD; the 25 MW expansion is under construction, with 10 MW due in November 2026.
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