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Side-by-side financial comparison of AMPCO PITTSBURGH CORP (AP) and Riot Platforms, Inc. (RIOT). Click either name above to swap in a different company.
Riot Platforms, Inc. is the larger business by last-quarter revenue ($152.8M vs $104.4M, roughly 1.5× AMPCO PITTSBURGH CORP). AMPCO PITTSBURGH CORP runs the higher net margin — -55.2% vs -452.0%, a 396.7% gap on every dollar of revenue. On growth, AMPCO PITTSBURGH CORP posted the faster year-over-year revenue change (11.5% vs 7.2%). AMPCO PITTSBURGH CORP produced more free cash flow last quarter ($-64.0K vs $-774.3M). Over the past eight quarters, Riot Platforms, Inc.'s revenue compounded faster (38.8% CAGR vs -2.6%).
Ampco-Pittsburgh Corporation is a specialty steel manufacturer headquartered in Downtown Pittsburgh, Pennsylvania. It is one of several companies to bear the Ampco name, and it should not be confused with the Milwaukee-based copper base alloy producer, Ampco Metal Inc.; the Miami-based cabinetry company; the Swiss aluminum corporation; or the Dallas-based tool company. Ampco was formed in 1929 and is a conglomerate made up of several previously established small steel makers. Five small compa...
Riot Platforms, Inc. is a leading U.S.-based enterprise focused on Bitcoin mining, operating multiple large-scale, energy-efficient data centers across North America. It also invests in blockchain infrastructure development and holds Bitcoin as a core long-term reserve asset, centering its business strategy around the digital asset ecosystem.
AP vs RIOT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $104.4M | $152.8M |
| Net Profit | $-57.7M | $-690.7M |
| Gross Margin | — | — |
| Operating Margin | -54.0% | -447.9% |
| Net Margin | -55.2% | -452.0% |
| Revenue YoY | 11.5% | 7.2% |
| Net Profit YoY | -1958.9% | -606.3% |
| EPS (diluted) | $-2.87 | $-1.89 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $104.4M | $152.8M | ||
| Q3 25 | $103.7M | $180.2M | ||
| Q2 25 | $108.9M | $153.0M | ||
| Q1 25 | $99.2M | $161.4M | ||
| Q4 24 | $93.6M | $142.6M | ||
| Q3 24 | $92.1M | $84.8M | ||
| Q2 24 | $107.1M | $70.0M | ||
| Q1 24 | $110.0M | $79.3M |
| Q4 25 | $-57.7M | $-690.7M | ||
| Q3 25 | $-2.2M | $104.5M | ||
| Q2 25 | $-7.3M | $219.5M | ||
| Q1 25 | $1.1M | $-296.4M | ||
| Q4 24 | $3.1M | $136.4M | ||
| Q3 24 | $-2.0M | $-154.4M | ||
| Q2 24 | $2.0M | $-84.4M | ||
| Q1 24 | $-2.7M | $211.8M |
| Q4 25 | -54.0% | -447.9% | ||
| Q3 25 | 1.1% | 44.4% | ||
| Q2 25 | -2.8% | — | ||
| Q1 25 | 3.9% | -144.9% | ||
| Q4 24 | 5.5% | — | ||
| Q3 24 | 2.0% | -143.3% | ||
| Q2 24 | 4.7% | -167.2% | ||
| Q1 24 | 0.1% | — |
| Q4 25 | -55.2% | -452.0% | ||
| Q3 25 | -2.1% | 58.0% | ||
| Q2 25 | -6.7% | 143.4% | ||
| Q1 25 | 1.2% | -183.6% | ||
| Q4 24 | 3.3% | 95.7% | ||
| Q3 24 | -2.1% | -182.1% | ||
| Q2 24 | 1.9% | -120.6% | ||
| Q1 24 | -2.5% | 267.1% |
| Q4 25 | $-2.87 | $-1.89 | ||
| Q3 25 | $-0.11 | $0.26 | ||
| Q2 25 | $-0.36 | $0.58 | ||
| Q1 25 | $0.06 | $-0.90 | ||
| Q4 24 | $0.16 | $0.39 | ||
| Q3 24 | $-0.10 | $-0.54 | ||
| Q2 24 | $0.10 | $-0.32 | ||
| Q1 24 | $-0.14 | $0.51 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.7M | $233.5M |
| Total DebtLower is stronger | $117.9M | $840.8M |
| Stockholders' EquityBook value | $32.6M | $2.9B |
| Total Assets | $495.4M | $3.9B |
| Debt / EquityLower = less leverage | 3.61× | 0.29× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.7M | $233.5M | ||
| Q3 25 | $15.0M | $330.7M | ||
| Q2 25 | $9.9M | $255.4M | ||
| Q1 25 | $7.1M | $163.7M | ||
| Q4 24 | $15.4M | $277.9M | ||
| Q3 24 | $11.8M | $355.7M | ||
| Q2 24 | $7.9M | $481.2M | ||
| Q1 24 | $10.8M | $688.5M |
| Q4 25 | $117.9M | $840.8M | ||
| Q3 25 | $119.0M | $5.3M | ||
| Q2 25 | $115.9M | $5.3M | ||
| Q1 25 | $115.0M | $5.3M | ||
| Q4 24 | $116.4M | $584.6M | ||
| Q3 24 | $116.0M | $5.7M | ||
| Q2 24 | $119.4M | — | ||
| Q1 24 | $116.2M | — |
| Q4 25 | $32.6M | $2.9B | ||
| Q3 25 | $60.1M | $3.5B | ||
| Q2 25 | $62.7M | $3.3B | ||
| Q1 25 | $64.6M | $2.9B | ||
| Q4 24 | $58.9M | $3.1B | ||
| Q3 24 | $61.3M | $2.7B | ||
| Q2 24 | $58.0M | $2.6B | ||
| Q1 24 | $56.3M | $2.5B |
| Q4 25 | $495.4M | $3.9B | ||
| Q3 25 | $524.4M | $4.5B | ||
| Q2 25 | $537.2M | $4.3B | ||
| Q1 25 | $536.2M | $3.7B | ||
| Q4 24 | $530.9M | $3.9B | ||
| Q3 24 | $547.4M | $2.9B | ||
| Q2 24 | $560.8M | $2.7B | ||
| Q1 24 | $565.8M | $2.6B |
| Q4 25 | 3.61× | 0.29× | ||
| Q3 25 | 1.98× | 0.00× | ||
| Q2 25 | 1.85× | 0.00× | ||
| Q1 25 | 1.78× | 0.00× | ||
| Q4 24 | 1.98× | 0.19× | ||
| Q3 24 | 1.89× | 0.00× | ||
| Q2 24 | 2.06× | — | ||
| Q1 24 | 2.06× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.7M | $-572.9M |
| Free Cash FlowOCF − Capex | $-64.0K | $-774.3M |
| FCF MarginFCF / Revenue | -0.1% | -506.6% |
| Capex IntensityCapex / Revenue | 2.7% | 131.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-8.1M | $-1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.7M | $-572.9M | ||
| Q3 25 | $6.3M | $-114.0M | ||
| Q2 25 | $-2.3M | $-231.3M | ||
| Q1 25 | $-5.3M | $-122.1M | ||
| Q4 24 | $7.5M | $-255.1M | ||
| Q3 24 | $11.4M | $-56.3M | ||
| Q2 24 | $-5.3M | $-42.5M | ||
| Q1 24 | $4.5M | $-57.9M |
| Q4 25 | $-64.0K | $-774.3M | ||
| Q3 25 | $3.3M | $-139.7M | ||
| Q2 25 | $-3.8M | $-291.7M | ||
| Q1 25 | $-7.5M | $-154.9M | ||
| Q4 24 | $3.7M | $-495.4M | ||
| Q3 24 | $8.4M | $-127.6M | ||
| Q2 24 | $-8.0M | $-96.1M | ||
| Q1 24 | $1.7M | $-115.2M |
| Q4 25 | -0.1% | -506.6% | ||
| Q3 25 | 3.2% | -77.5% | ||
| Q2 25 | -3.5% | -190.7% | ||
| Q1 25 | -7.5% | -96.0% | ||
| Q4 24 | 4.0% | -347.5% | ||
| Q3 24 | 9.1% | -150.5% | ||
| Q2 24 | -7.5% | -137.2% | ||
| Q1 24 | 1.5% | -145.2% |
| Q4 25 | 2.7% | 131.8% | ||
| Q3 25 | 2.9% | 14.3% | ||
| Q2 25 | 1.3% | 39.5% | ||
| Q1 25 | 2.2% | 20.4% | ||
| Q4 24 | 4.0% | 168.6% | ||
| Q3 24 | 3.2% | 84.1% | ||
| Q2 24 | 2.5% | 76.5% | ||
| Q1 24 | 2.6% | 72.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | -1.09× | ||
| Q2 25 | — | -1.05× | ||
| Q1 25 | -4.62× | — | ||
| Q4 24 | 2.40× | -1.87× | ||
| Q3 24 | — | — | ||
| Q2 24 | -2.64× | — | ||
| Q1 24 | — | -0.27× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AP
| Forged And Cast Mill Rolls | $67.0M | 64% |
| Air Handling Systems | $14.3M | 14% |
| Heat Exchange Coils | $13.1M | 13% |
| Centrifugal Pumps | $10.3M | 10% |
| Forged Engineered Products | $4.0M | 4% |
RIOT
| Bitcoin Mining Segment | $131.7M | 86% |
| Engineering Segment | $21.1M | 14% |
