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Side-by-side financial comparison of Riot Platforms, Inc. (RIOT) and STONERIDGE INC (SRI). Click either name above to swap in a different company.
STONERIDGE INC is the larger business by last-quarter revenue ($205.2M vs $152.8M, roughly 1.3× Riot Platforms, Inc.). On growth, Riot Platforms, Inc. posted the faster year-over-year revenue change (7.2% vs -6.0%). STONERIDGE INC produced more free cash flow last quarter ($2.6M vs $-774.3M). Over the past eight quarters, Riot Platforms, Inc.'s revenue compounded faster (38.8% CAGR vs -7.4%).
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.
Stoneridge Inc is a global designer and manufacturer of advanced electrical and electronic components, integrated systems, and sensor solutions. It serves automotive, commercial vehicle, off-highway, and aerospace sectors, delivering products that boost vehicle safety, efficiency, connectivity, and environmental performance across key global markets.
RIOT vs SRI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $152.8M | $205.2M |
| Net Profit | $-690.7M | — |
| Gross Margin | — | 16.2% |
| Operating Margin | -447.9% | -14.4% |
| Net Margin | -452.0% | — |
| Revenue YoY | 7.2% | -6.0% |
| Net Profit YoY | -606.3% | — |
| EPS (diluted) | $-1.89 | $-2.76 |
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 | $152.8M | $205.2M | ||
| Q3 25 | $180.2M | $210.3M | ||
| Q2 25 | $153.0M | $228.0M | ||
| Q1 25 | $161.4M | $217.9M | ||
| Q4 24 | $142.6M | $218.2M | ||
| Q3 24 | $84.8M | $213.8M | ||
| Q2 24 | $70.0M | $237.1M | ||
| Q1 24 | $79.3M | $239.2M |
| Q4 25 | $-690.7M | — | ||
| Q3 25 | $104.5M | $-9.4M | ||
| Q2 25 | $219.5M | $-9.4M | ||
| Q1 25 | $-296.4M | $-7.2M | ||
| Q4 24 | $136.4M | — | ||
| Q3 24 | $-154.4M | $-7.1M | ||
| Q2 24 | $-84.4M | $2.8M | ||
| Q1 24 | $211.8M | $-6.1M |
| Q4 25 | — | 16.2% | ||
| Q3 25 | — | 20.3% | ||
| Q2 25 | — | 21.5% | ||
| Q1 25 | — | 21.2% | ||
| Q4 24 | — | 19.5% | ||
| Q3 24 | — | 20.8% | ||
| Q2 24 | — | 22.7% | ||
| Q1 24 | — | 20.2% |
| Q4 25 | -447.9% | -14.4% | ||
| Q3 25 | 44.4% | -1.6% | ||
| Q2 25 | — | -1.1% | ||
| Q1 25 | -144.9% | -1.5% | ||
| Q4 24 | — | -2.0% | ||
| Q3 24 | -143.3% | 0.1% | ||
| Q2 24 | -167.2% | 1.4% | ||
| Q1 24 | — | 0.1% |
| Q4 25 | -452.0% | — | ||
| Q3 25 | 58.0% | -4.5% | ||
| Q2 25 | 143.4% | -4.1% | ||
| Q1 25 | -183.6% | -3.3% | ||
| Q4 24 | 95.7% | — | ||
| Q3 24 | -182.1% | -3.3% | ||
| Q2 24 | -120.6% | 1.2% | ||
| Q1 24 | 267.1% | -2.6% |
| Q4 25 | $-1.89 | $-2.76 | ||
| Q3 25 | $0.26 | $-0.34 | ||
| Q2 25 | $0.58 | $-0.34 | ||
| Q1 25 | $-0.90 | $-0.26 | ||
| Q4 24 | $0.39 | $-0.22 | ||
| Q3 24 | $-0.54 | $-0.26 | ||
| Q2 24 | $-0.32 | $0.10 | ||
| Q1 24 | $0.51 | $-0.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $233.5M | $66.3M |
| Total DebtLower is stronger | $840.8M | $180.9M |
| Stockholders' EquityBook value | $2.9B | $179.8M |
| Total Assets | $3.9B | $551.2M |
| Debt / EquityLower = less leverage | 0.29× | 1.01× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $233.5M | $66.3M | ||
| Q3 25 | $330.7M | $54.0M | ||
| Q2 25 | $255.4M | $49.8M | ||
| Q1 25 | $163.7M | $79.1M | ||
| Q4 24 | $277.9M | $71.8M | ||
| Q3 24 | $355.7M | $54.1M | ||
| Q2 24 | $481.2M | $42.1M | ||
| Q1 24 | $688.5M | $48.4M |
| Q4 25 | $840.8M | $180.9M | ||
| Q3 25 | $5.3M | — | ||
| Q2 25 | $5.3M | — | ||
| Q1 25 | $5.3M | — | ||
| Q4 24 | $584.6M | $201.6M | ||
| Q3 24 | $5.7M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.9B | $179.8M | ||
| Q3 25 | $3.5B | $251.2M | ||
| Q2 25 | $3.3B | $260.5M | ||
| Q1 25 | $2.9B | $253.1M | ||
| Q4 24 | $3.1B | $245.3M | ||
| Q3 24 | $2.7B | $271.4M | ||
| Q2 24 | $2.6B | $270.5M | ||
| Q1 24 | $2.5B | $277.3M |
| Q4 25 | $3.9B | $551.2M | ||
| Q3 25 | $4.5B | $632.1M | ||
| Q2 25 | $4.3B | $639.4M | ||
| Q1 25 | $3.7B | $657.4M | ||
| Q4 24 | $3.9B | $621.6M | ||
| Q3 24 | $2.9B | $662.5M | ||
| Q2 24 | $2.7B | $666.7M | ||
| Q1 24 | $2.6B | $675.4M |
| Q4 25 | 0.29× | 1.01× | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.19× | 0.82× | ||
| 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 | $-572.9M | $8.8M |
| Free Cash FlowOCF − Capex | $-774.3M | $2.6M |
| FCF MarginFCF / Revenue | -506.6% | 1.3% |
| Capex IntensityCapex / Revenue | 131.8% | 3.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-1.4B | $12.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-572.9M | $8.8M | ||
| Q3 25 | $-114.0M | $3.6M | ||
| Q2 25 | $-231.3M | $10.7M | ||
| Q1 25 | $-122.1M | $10.9M | ||
| Q4 24 | $-255.1M | $19.2M | ||
| Q3 24 | $-56.3M | $10.8M | ||
| Q2 24 | $-42.5M | $8.7M | ||
| Q1 24 | $-57.9M | $9.1M |
| Q4 25 | $-774.3M | $2.6M | ||
| Q3 25 | $-139.7M | $-2.7M | ||
| Q2 25 | $-291.7M | $7.4M | ||
| Q1 25 | $-154.9M | $4.8M | ||
| Q4 24 | $-495.4M | $14.0M | ||
| Q3 24 | $-127.6M | $4.6M | ||
| Q2 24 | $-96.1M | $1.5M | ||
| Q1 24 | $-115.2M | $3.3M |
| Q4 25 | -506.6% | 1.3% | ||
| Q3 25 | -77.5% | -1.3% | ||
| Q2 25 | -190.7% | 3.3% | ||
| Q1 25 | -96.0% | 2.2% | ||
| Q4 24 | -347.5% | 6.4% | ||
| Q3 24 | -150.5% | 2.2% | ||
| Q2 24 | -137.2% | 0.6% | ||
| Q1 24 | -145.2% | 1.4% |
| Q4 25 | 131.8% | 3.0% | ||
| Q3 25 | 14.3% | 3.0% | ||
| Q2 25 | 39.5% | 1.4% | ||
| Q1 25 | 20.4% | 2.8% | ||
| Q4 24 | 168.6% | 2.4% | ||
| Q3 24 | 84.1% | 2.9% | ||
| Q2 24 | 76.5% | 3.0% | ||
| Q1 24 | 72.3% | 2.4% |
| Q4 25 | — | — | ||
| Q3 25 | -1.09× | — | ||
| Q2 25 | -1.05× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -1.87× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.11× | ||
| Q1 24 | -0.27× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RIOT
| Bitcoin Mining Segment | $131.7M | 86% |
| Engineering Segment | $21.1M | 14% |
SRI
| Control Devices | $51.7M | 25% |
| Electronics | $38.0M | 19% |
| EE | $34.2M | 17% |
| SE | $28.6M | 14% |
| NL | $24.5M | 12% |
| Stoneridge Brazil | $14.1M | 7% |
| Asia Pacific | $13.1M | 6% |
