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Side-by-side financial comparison of Proficient Auto Logistics, Inc (PAL) 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 $91.5M, roughly 1.7× Proficient Auto Logistics, Inc). Proficient Auto Logistics, Inc runs the higher net margin — -1.5% vs -452.0%, a 450.5% gap on every dollar of revenue.

Proficient Auto Logistics, Inc. is a specialized automotive sector logistics provider. It offers tailored solutions including finished vehicle transport, auto parts storage and distribution, and supply chain support for automotive industry stakeholders, prioritizing reliable, efficient service delivery.

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.

PAL vs RIOT — Head-to-Head

Bigger by revenue
RIOT
RIOT
1.7× larger
RIOT
$152.8M
$91.5M
PAL
Higher net margin
PAL
PAL
450.5% more per $
PAL
-1.5%
-452.0%
RIOT

Income Statement — Q3 FY2024 vs Q4 FY2025

Metric
PAL
PAL
RIOT
RIOT
Revenue
$91.5M
$152.8M
Net Profit
$-1.4M
$-690.7M
Gross Margin
Operating Margin
-2.4%
-447.9%
Net Margin
-1.5%
-452.0%
Revenue YoY
7.2%
Net Profit YoY
-606.3%
EPS (diluted)
$-0.05
$-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.

Revenue
PAL
PAL
RIOT
RIOT
Q4 25
$152.8M
Q3 25
$180.2M
Q2 25
$153.0M
Q1 25
$161.4M
Q4 24
$142.6M
Q3 24
$91.5M
$84.8M
Q2 24
$70.0M
Q1 24
$79.3M
Net Profit
PAL
PAL
RIOT
RIOT
Q4 25
$-690.7M
Q3 25
$104.5M
Q2 25
$219.5M
Q1 25
$-296.4M
Q4 24
$136.4M
Q3 24
$-1.4M
$-154.4M
Q2 24
$-84.4M
Q1 24
$211.8M
Operating Margin
PAL
PAL
RIOT
RIOT
Q4 25
-447.9%
Q3 25
44.4%
Q2 25
Q1 25
-144.9%
Q4 24
Q3 24
-2.4%
-143.3%
Q2 24
-167.2%
Q1 24
Net Margin
PAL
PAL
RIOT
RIOT
Q4 25
-452.0%
Q3 25
58.0%
Q2 25
143.4%
Q1 25
-183.6%
Q4 24
95.7%
Q3 24
-1.5%
-182.1%
Q2 24
-120.6%
Q1 24
267.1%
EPS (diluted)
PAL
PAL
RIOT
RIOT
Q4 25
$-1.89
Q3 25
$0.26
Q2 25
$0.58
Q1 25
$-0.90
Q4 24
$0.39
Q3 24
$-0.05
$-0.54
Q2 24
$-0.32
Q1 24
$0.51

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PAL
PAL
RIOT
RIOT
Cash + ST InvestmentsLiquidity on hand
$16.8M
$233.5M
Total DebtLower is stronger
$64.0M
$840.8M
Stockholders' EquityBook value
$338.5M
$2.9B
Total Assets
$498.2M
$3.9B
Debt / EquityLower = less leverage
0.19×
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PAL
PAL
RIOT
RIOT
Q4 25
$233.5M
Q3 25
$330.7M
Q2 25
$255.4M
Q1 25
$163.7M
Q4 24
$277.9M
Q3 24
$16.8M
$355.7M
Q2 24
$481.2M
Q1 24
$688.5M
Total Debt
PAL
PAL
RIOT
RIOT
Q4 25
$840.8M
Q3 25
$5.3M
Q2 25
$5.3M
Q1 25
$5.3M
Q4 24
$584.6M
Q3 24
$64.0M
$5.7M
Q2 24
Q1 24
Stockholders' Equity
PAL
PAL
RIOT
RIOT
Q4 25
$2.9B
Q3 25
$3.5B
Q2 25
$3.3B
Q1 25
$2.9B
Q4 24
$3.1B
Q3 24
$338.5M
$2.7B
Q2 24
$2.6B
Q1 24
$2.5B
Total Assets
PAL
PAL
RIOT
RIOT
Q4 25
$3.9B
Q3 25
$4.5B
Q2 25
$4.3B
Q1 25
$3.7B
Q4 24
$3.9B
Q3 24
$498.2M
$2.9B
Q2 24
$2.7B
Q1 24
$2.6B
Debt / Equity
PAL
PAL
RIOT
RIOT
Q4 25
0.29×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.19×
Q3 24
0.19×
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
PAL
PAL
RIOT
RIOT
Operating Cash FlowLast quarter
$-572.9M
Free Cash FlowOCF − Capex
$-774.3M
FCF MarginFCF / Revenue
-506.6%
Capex IntensityCapex / Revenue
131.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PAL
PAL
RIOT
RIOT
Q4 25
$-572.9M
Q3 25
$-114.0M
Q2 25
$-231.3M
Q1 25
$-122.1M
Q4 24
$-255.1M
Q3 24
$-56.3M
Q2 24
$-42.5M
Q1 24
$-57.9M
Free Cash Flow
PAL
PAL
RIOT
RIOT
Q4 25
$-774.3M
Q3 25
$-139.7M
Q2 25
$-291.7M
Q1 25
$-154.9M
Q4 24
$-495.4M
Q3 24
$-127.6M
Q2 24
$-96.1M
Q1 24
$-115.2M
FCF Margin
PAL
PAL
RIOT
RIOT
Q4 25
-506.6%
Q3 25
-77.5%
Q2 25
-190.7%
Q1 25
-96.0%
Q4 24
-347.5%
Q3 24
-150.5%
Q2 24
-137.2%
Q1 24
-145.2%
Capex Intensity
PAL
PAL
RIOT
RIOT
Q4 25
131.8%
Q3 25
14.3%
Q2 25
39.5%
Q1 25
20.4%
Q4 24
168.6%
Q3 24
84.1%
Q2 24
76.5%
Q1 24
72.3%
Cash Conversion
PAL
PAL
RIOT
RIOT
Q4 25
Q3 25
-1.09×
Q2 25
-1.05×
Q1 25
Q4 24
-1.87×
Q3 24
Q2 24
Q1 24
-0.27×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PAL
PAL

Segment breakdown not available.

RIOT
RIOT

Bitcoin Mining Segment$131.7M86%
Engineering Segment$21.1M14%

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