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Riot Platforms, Inc.（RIOT）与Rapid7, Inc.（RPD）财务数据对比。点击上方公司名可切换其他公司
Rapid7, Inc.的季度营收约是Riot Platforms, Inc.的1.4倍（$217.4M vs $152.8M），Rapid7, Inc.净利率更高（1.4% vs -452.0%，领先453.4%），Riot Platforms, Inc.同比增速更快（7.2% vs 0.5%），Rapid7, Inc.自由现金流更多（$36.4M vs $-774.3M），过去两年Riot Platforms, Inc.的营收复合增速更高（38.8% vs 3.0%）
Riot Platforms是美国领先的比特币挖矿企业，在北美地区运营多座大规模高能效的加密货币矿场，同时布局区块链相关基础设施业务，长期持有比特币作为核心储备资产，专注于数字资产生态相关业务的长期发展。
Rapid7是全球领先的网络安全企业，提供漏洞管理、威胁检测与响应、云安全、安全分析等全系列安全解决方案，服务全球科技、医疗、金融、制造等行业的各类规模企业及公共部门客户，助力客户高效识别、应对和缓解网络安全风险。
RIOT vs RPD — 直观对比
营收规模更大
RPD
是对方的1.4倍
$152.8M
营收增速更快
RIOT
高出6.7%
0.5%
净利率更高
RPD
高出453.4%
-452.0%
自由现金流更多
RPD
多$810.7M
$-774.3M
两年增速更快
RIOT
近两年复合增速
3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $152.8M | $217.4M |
| 净利润 | $-690.7M | $3.1M |
| 毛利率 | — | 68.9% |
| 营业利润率 | -447.9% | 1.0% |
| 净利率 | -452.0% | 1.4% |
| 营收同比 | 7.2% | 0.5% |
| 净利润同比 | -606.3% | 44.1% |
| 每股收益（稀释后） | $-1.89 | $0.05 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收RIOTRPD
| Q4 25 | $152.8M | $217.4M | ||
| Q3 25 | $180.2M | $218.0M | ||
| Q2 25 | $153.0M | $214.2M | ||
| Q1 25 | $161.4M | $210.3M | ||
| Q4 24 | $142.6M | $216.3M | ||
| Q3 24 | $84.8M | $214.7M | ||
| Q2 24 | $70.0M | $208.0M | ||
| Q1 24 | $79.3M | $205.1M |
净利润RIOTRPD
| Q4 25 | $-690.7M | $3.1M | ||
| Q3 25 | $104.5M | $9.8M | ||
| Q2 25 | $219.5M | $8.3M | ||
| Q1 25 | $-296.4M | $2.1M | ||
| Q4 24 | $136.4M | $2.2M | ||
| Q3 24 | $-154.4M | $15.4M | ||
| Q2 24 | $-84.4M | $6.5M | ||
| Q1 24 | $211.8M | $1.4M |
毛利率RIOTRPD
| Q4 25 | — | 68.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 70.6% | ||
| Q1 25 | — | 71.7% | ||
| Q4 24 | — | 69.5% | ||
| Q3 24 | — | 70.6% | ||
| Q2 24 | — | 70.7% | ||
| Q1 24 | — | 70.3% |
营业利润率RIOTRPD
| Q4 25 | -447.9% | 1.0% | ||
| Q3 25 | 44.4% | 2.7% | ||
| Q2 25 | — | 1.6% | ||
| Q1 25 | -144.9% | -0.0% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | -143.3% | 6.0% | ||
| Q2 24 | -167.2% | 2.5% | ||
| Q1 24 | — | 4.7% |
净利率RIOTRPD
| Q4 25 | -452.0% | 1.4% | ||
| Q3 25 | 58.0% | 4.5% | ||
| Q2 25 | 143.4% | 3.9% | ||
| Q1 25 | -183.6% | 1.0% | ||
| Q4 24 | 95.7% | 1.0% | ||
| Q3 24 | -182.1% | 7.2% | ||
| Q2 24 | -120.6% | 3.1% | ||
| Q1 24 | 267.1% | 0.7% |
每股收益（稀释后）RIOTRPD
| Q4 25 | $-1.89 | $0.05 | ||
| Q3 25 | $0.26 | $0.15 | ||
| Q2 25 | $0.58 | $0.13 | ||
| Q1 25 | $-0.90 | $0.03 | ||
| Q4 24 | $0.39 | $0.08 | ||
| Q3 24 | $-0.54 | $0.21 | ||
| Q2 24 | $-0.32 | $0.09 | ||
| Q1 24 | $0.51 | $0.02 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $233.5M | $474.7M |
| 总债务越低越好 | $840.8M | — |
| 股东权益账面价值 | $2.9B | $154.7M |
| 总资产 | $3.9B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.29× | — |
8季度趋势，按日历期对齐
现金及短期投资RIOTRPD
| Q4 25 | $233.5M | $474.7M | ||
| Q3 25 | $330.7M | $407.1M | ||
| Q2 25 | $255.4M | $511.7M | ||
| Q1 25 | $163.7M | $493.5M | ||
| Q4 24 | $277.9M | $521.7M | ||
| Q3 24 | $355.7M | $443.7M | ||
| Q2 24 | $481.2M | $442.6M | ||
| Q1 24 | $688.5M | $411.7M |
总债务RIOTRPD
| Q4 25 | $840.8M | — | ||
| Q3 25 | $5.3M | — | ||
| Q2 25 | $5.3M | — | ||
| Q1 25 | $5.3M | — | ||
| Q4 24 | $584.6M | — | ||
| Q3 24 | $5.7M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益RIOTRPD
| Q4 25 | $2.9B | $154.7M | ||
| Q3 25 | $3.5B | $127.2M | ||
| Q2 25 | $3.3B | $90.4M | ||
| Q1 25 | $2.9B | $52.7M | ||
| Q4 24 | $3.1B | $17.7M | ||
| Q3 24 | $2.7B | $-5.1M | ||
| Q2 24 | $2.6B | $-52.6M | ||
| Q1 24 | $2.5B | $-86.4M |
总资产RIOTRPD
| Q4 25 | $3.9B | $1.7B | ||
| Q3 25 | $4.5B | $1.7B | ||
| Q2 25 | $4.3B | $1.6B | ||
| Q1 25 | $3.7B | $1.6B | ||
| Q4 24 | $3.9B | $1.7B | ||
| Q3 24 | $2.9B | $1.6B | ||
| Q2 24 | $2.7B | $1.5B | ||
| Q1 24 | $2.6B | $1.5B |
负债/权益比RIOTRPD
| Q4 25 | 0.29× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.19× | — | ||
| Q3 24 | 0.00× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-572.9M | $37.6M |
| 自由现金流经营现金流 - 资本支出 | $-774.3M | $36.4M |
| 自由现金流率自由现金流/营收 | -506.6% | 16.8% |
| 资本支出强度资本支出/营收 | 131.8% | 0.5% |
| 现金转化率经营现金流/净利润 | — | 12.01× |
| 过去12个月自由现金流最近4个季度 | $-1.4B | $146.2M |
8季度趋势，按日历期对齐
经营现金流RIOTRPD
| Q4 25 | $-572.9M | $37.6M | ||
| Q3 25 | $-114.0M | $39.0M | ||
| Q2 25 | $-231.3M | $47.5M | ||
| Q1 25 | $-122.1M | $29.8M | ||
| Q4 24 | $-255.1M | $63.8M | ||
| Q3 24 | $-56.3M | $44.0M | ||
| Q2 24 | $-42.5M | $32.9M | ||
| Q1 24 | $-57.9M | $31.1M |
自由现金流RIOTRPD
| Q4 25 | $-774.3M | $36.4M | ||
| Q3 25 | $-139.7M | $34.8M | ||
| Q2 25 | $-291.7M | $46.6M | ||
| Q1 25 | $-154.9M | $28.4M | ||
| Q4 24 | $-495.4M | $62.6M | ||
| Q3 24 | $-127.6M | $42.6M | ||
| Q2 24 | $-96.1M | $32.6M | ||
| Q1 24 | $-115.2M | $30.4M |
自由现金流率RIOTRPD
| Q4 25 | -506.6% | 16.8% | ||
| Q3 25 | -77.5% | 16.0% | ||
| Q2 25 | -190.7% | 21.8% | ||
| Q1 25 | -96.0% | 13.5% | ||
| Q4 24 | -347.5% | 28.9% | ||
| Q3 24 | -150.5% | 19.9% | ||
| Q2 24 | -137.2% | 15.7% | ||
| Q1 24 | -145.2% | 14.8% |
资本支出强度RIOTRPD
| Q4 25 | 131.8% | 0.5% | ||
| Q3 25 | 14.3% | 1.9% | ||
| Q2 25 | 39.5% | 0.4% | ||
| Q1 25 | 20.4% | 0.6% | ||
| Q4 24 | 168.6% | 0.5% | ||
| Q3 24 | 84.1% | 0.6% | ||
| Q2 24 | 76.5% | 0.1% | ||
| Q1 24 | 72.3% | 0.3% |
现金转化率RIOTRPD
| Q4 25 | — | 12.01× | ||
| Q3 25 | -1.09× | 3.97× | ||
| Q2 25 | -1.05× | 5.70× | ||
| Q1 25 | — | 14.14× | ||
| Q4 24 | -1.87× | 29.36× | ||
| Q3 24 | — | 2.85× | ||
| Q2 24 | — | 5.03× | ||
| Q1 24 | -0.27× | 22.10× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
RIOT
| Bitcoin Mining Segment | $131.7M | 86% |
| Engineering Segment | $21.1M | 14% |
RPD
| Products | $209.1M | 96% |
| Services | $8.2M | 4% |
