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Side-by-side financial comparison of Great Lakes Dredge & Dock CORP (GLDD) and Riot Platforms, Inc. (RIOT). Click either name above to swap in a different company.
Great Lakes Dredge & Dock CORP is the larger business by last-quarter revenue ($256.5M vs $152.8M, roughly 1.7× Riot Platforms, Inc.). Great Lakes Dredge & Dock CORP runs the higher net margin — 4.9% vs -452.0%, a 456.9% gap on every dollar of revenue. On growth, Great Lakes Dredge & Dock CORP posted the faster year-over-year revenue change (26.5% vs 7.2%). Great Lakes Dredge & Dock CORP produced more free cash flow last quarter ($50.3M vs $-774.3M). Over the past eight quarters, Riot Platforms, Inc.'s revenue compounded faster (38.8% CAGR vs 13.6%).
Great Lakes Dredge and Dock Company is an American company providing construction services in dredging and land reclamation, currently the largest such provider in the United States. GLD&D operates primarily in the United States but conducts one-quarter of its business overseas. The company was based in Oak Brook, Illinois, but in October 2020 relocated its corporate headquarters to Houston, Texas.
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.
GLDD vs RIOT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $256.5M | $152.8M |
| Net Profit | $12.6M | $-690.7M |
| Gross Margin | 20.9% | — |
| Operating Margin | 12.7% | -447.9% |
| Net Margin | 4.9% | -452.0% |
| Revenue YoY | 26.5% | 7.2% |
| Net Profit YoY | -35.9% | -606.3% |
| EPS (diluted) | $0.19 | $-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 | $256.5M | $152.8M | ||
| Q3 25 | $195.2M | $180.2M | ||
| Q2 25 | $193.8M | $153.0M | ||
| Q1 25 | $242.9M | $161.4M | ||
| Q4 24 | $202.8M | $142.6M | ||
| Q3 24 | $191.2M | $84.8M | ||
| Q2 24 | $170.1M | $70.0M | ||
| Q1 24 | $198.7M | $79.3M |
| Q4 25 | $12.6M | $-690.7M | ||
| Q3 25 | $17.7M | $104.5M | ||
| Q2 25 | $9.7M | $219.5M | ||
| Q1 25 | $33.4M | $-296.4M | ||
| Q4 24 | $19.7M | $136.4M | ||
| Q3 24 | $8.9M | $-154.4M | ||
| Q2 24 | $7.7M | $-84.4M | ||
| Q1 24 | $21.0M | $211.8M |
| Q4 25 | 20.9% | — | ||
| Q3 25 | 22.4% | — | ||
| Q2 25 | 18.9% | — | ||
| Q1 25 | 28.6% | — | ||
| Q4 24 | 24.1% | — | ||
| Q3 24 | 19.0% | — | ||
| Q2 24 | 17.5% | — | ||
| Q1 24 | 22.9% | — |
| Q4 25 | 12.7% | -447.9% | ||
| Q3 25 | 14.4% | 44.4% | ||
| Q2 25 | 8.8% | — | ||
| Q1 25 | 20.6% | -144.9% | ||
| Q4 24 | 14.8% | — | ||
| Q3 24 | 8.7% | -143.3% | ||
| Q2 24 | 8.6% | -167.2% | ||
| Q1 24 | 15.8% | — |
| Q4 25 | 4.9% | -452.0% | ||
| Q3 25 | 9.1% | 58.0% | ||
| Q2 25 | 5.0% | 143.4% | ||
| Q1 25 | 13.8% | -183.6% | ||
| Q4 24 | 9.7% | 95.7% | ||
| Q3 24 | 4.6% | -182.1% | ||
| Q2 24 | 4.5% | -120.6% | ||
| Q1 24 | 10.6% | 267.1% |
| Q4 25 | $0.19 | $-1.89 | ||
| Q3 25 | $0.26 | $0.26 | ||
| Q2 25 | $0.14 | $0.58 | ||
| Q1 25 | $0.49 | $-0.90 | ||
| Q4 24 | $0.29 | $0.39 | ||
| Q3 24 | $0.13 | $-0.54 | ||
| Q2 24 | $0.11 | $-0.32 | ||
| Q1 24 | $0.31 | $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 | $13.4M | $233.5M |
| Total DebtLower is stronger | $378.2M | $840.8M |
| Stockholders' EquityBook value | $517.1M | $2.9B |
| Total Assets | $1.3B | $3.9B |
| Debt / EquityLower = less leverage | 0.73× | 0.29× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.4M | $233.5M | ||
| Q3 25 | $12.7M | $330.7M | ||
| Q2 25 | $2.9M | $255.4M | ||
| Q1 25 | $11.3M | $163.7M | ||
| Q4 24 | $10.2M | $277.9M | ||
| Q3 24 | $12.0M | $355.7M | ||
| Q2 24 | $23.1M | $481.2M | ||
| Q1 24 | $22.8M | $688.5M |
| Q4 25 | $378.2M | $840.8M | ||
| Q3 25 | — | $5.3M | ||
| Q2 25 | — | $5.3M | ||
| Q1 25 | — | $5.3M | ||
| Q4 24 | $448.2M | $584.6M | ||
| Q3 24 | — | $5.7M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $517.1M | $2.9B | ||
| Q3 25 | $502.1M | $3.5B | ||
| Q2 25 | $481.9M | $3.3B | ||
| Q1 25 | $479.9M | $2.9B | ||
| Q4 24 | $448.9M | $3.1B | ||
| Q3 24 | $425.4M | $2.7B | ||
| Q2 24 | $418.0M | $2.6B | ||
| Q1 24 | $409.0M | $2.5B |
| Q4 25 | $1.3B | $3.9B | ||
| Q3 25 | $1.3B | $4.5B | ||
| Q2 25 | $1.2B | $4.3B | ||
| Q1 25 | $1.2B | $3.7B | ||
| Q4 24 | $1.3B | $3.9B | ||
| Q3 24 | $1.1B | $2.9B | ||
| Q2 24 | $1.1B | $2.7B | ||
| Q1 24 | $1.1B | $2.6B |
| Q4 25 | 0.73× | 0.29× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | 1.00× | 0.19× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $79.7M | $-572.9M |
| Free Cash FlowOCF − Capex | $50.3M | $-774.3M |
| FCF MarginFCF / Revenue | 19.6% | -506.6% |
| Capex IntensityCapex / Revenue | 11.5% | 131.8% |
| Cash ConversionOCF / Net Profit | 6.31× | — |
| TTM Free Cash FlowTrailing 4 quarters | $99.5M | $-1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $79.7M | $-572.9M | ||
| Q3 25 | $49.2M | $-114.0M | ||
| Q2 25 | $56.9M | $-231.3M | ||
| Q1 25 | $60.9M | $-122.1M | ||
| Q4 24 | $-13.5M | $-255.1M | ||
| Q3 24 | $26.8M | $-56.3M | ||
| Q2 24 | $18.4M | $-42.5M | ||
| Q1 24 | $38.4M | $-57.9M |
| Q4 25 | $50.3M | $-774.3M | ||
| Q3 25 | $13.2M | $-139.7M | ||
| Q2 25 | $-3.7M | $-291.7M | ||
| Q1 25 | $39.6M | $-154.9M | ||
| Q4 24 | $-36.1M | $-495.4M | ||
| Q3 24 | $-11.5M | $-127.6M | ||
| Q2 24 | $-34.0M | $-96.1M | ||
| Q1 24 | $26.5M | $-115.2M |
| Q4 25 | 19.6% | -506.6% | ||
| Q3 25 | 6.8% | -77.5% | ||
| Q2 25 | -1.9% | -190.7% | ||
| Q1 25 | 16.3% | -96.0% | ||
| Q4 24 | -17.8% | -347.5% | ||
| Q3 24 | -6.0% | -150.5% | ||
| Q2 24 | -20.0% | -137.2% | ||
| Q1 24 | 13.4% | -145.2% |
| Q4 25 | 11.5% | 131.8% | ||
| Q3 25 | 18.4% | 14.3% | ||
| Q2 25 | 31.3% | 39.5% | ||
| Q1 25 | 8.7% | 20.4% | ||
| Q4 24 | 11.2% | 168.6% | ||
| Q3 24 | 20.0% | 84.1% | ||
| Q2 24 | 30.8% | 76.5% | ||
| Q1 24 | 6.0% | 72.3% |
| Q4 25 | 6.31× | — | ||
| Q3 25 | 2.77× | -1.09× | ||
| Q2 25 | 5.87× | -1.05× | ||
| Q1 25 | 1.82× | — | ||
| Q4 24 | -0.69× | -1.87× | ||
| Q3 24 | 3.02× | — | ||
| Q2 24 | 2.39× | — | ||
| Q1 24 | 1.83× | -0.27× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GLDD
Segment breakdown not available.
RIOT
| Bitcoin Mining Segment | $131.7M | 86% |
| Engineering Segment | $21.1M | 14% |
