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Riot Platforms, Inc.（RIOT）与SoFi Technologies, Inc.（SOFI）财务数据对比。点击上方公司名可切换其他公司
SoFi Technologies, Inc.的季度营收约是Riot Platforms, Inc.的1.1倍（$170.3M vs $152.8M）。SoFi Technologies, Inc.净利率更高（101.9% vs -452.0%，领先553.9%）。SoFi Technologies, Inc.同比增速更快（25.7% vs 7.2%）。Riot Platforms, Inc.自由现金流更多（$-188.0M vs $-1.1B）。过去两年Riot Platforms, Inc.的营收复合增速更高（38.8% vs 21.4%）
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。
SoFi Technologies是美国金融科技企业，2011年由斯坦福大学学生创立，持有全国性特许牌照运营线上银行，同时为其他金融机构提供技术解决方案，是美国规模最大的线上贷款机构，截至2025年累计服务客户达1370万。
RIOT vs SOFI — 直观对比
营收规模更大
SOFI
是对方的1.1倍
$152.8M
营收增速更快
SOFI
高出18.5%
7.2%
净利率更高
SOFI
高出553.9%
-452.0%
自由现金流更多
RIOT
多$869.6M
$-1.1B
两年增速更快
RIOT
近两年复合增速
21.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $152.8M | $170.3M |
| 净利润 | $-690.7M | $173.5M |
| 毛利率 | — | 5.1% |
| 营业利润率 | -447.9% | — |
| 净利率 | -452.0% | 101.9% |
| 营收同比 | 7.2% | 25.7% |
| 净利润同比 | -606.3% | -47.8% |
| 每股收益（稀释后） | $-1.89 | $0.14 |
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RIOTSOFI
| Q4 25 | $152.8M | $170.3M | ||
| Q3 25 | $180.2M | $156.8M | ||
| Q2 25 | $153.0M | $151.9M | ||
| Q1 25 | $161.4M | $140.4M | ||
| Q4 24 | $142.6M | $135.5M | ||
| Q3 24 | $84.8M | $131.2M | ||
| Q2 24 | $70.0M | $120.8M | ||
| Q1 24 | $79.3M | $115.6M |
净利润RIOTSOFI
| Q4 25 | $-690.7M | $173.5M | ||
| Q3 25 | $104.5M | $139.4M | ||
| Q2 25 | $219.5M | $97.3M | ||
| Q1 25 | $-296.4M | $71.1M | ||
| Q4 24 | $136.4M | $332.5M | ||
| Q3 24 | $-154.4M | $60.7M | ||
| Q2 24 | $-84.4M | $17.4M | ||
| Q1 24 | $211.8M | $88.0M |
毛利率RIOTSOFI
| Q4 25 | — | 5.1% | ||
| Q3 25 | — | -3.0% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 3.5% | ||
| Q4 24 | — | 5.4% | ||
| Q3 24 | — | 5.7% | ||
| Q2 24 | — | 9.2% | ||
| Q1 24 | — | 13.4% |
营业利润率RIOTSOFI
| Q4 25 | -447.9% | — | ||
| Q3 25 | 44.4% | 94.7% | ||
| Q2 25 | — | 73.9% | ||
| Q1 25 | -144.9% | 56.8% | ||
| Q4 24 | — | 44.2% | ||
| Q3 24 | -143.3% | 48.7% | ||
| Q2 24 | -167.2% | 12.7% | ||
| Q1 24 | — | 81.5% |
净利率RIOTSOFI
| Q4 25 | -452.0% | 101.9% | ||
| Q3 25 | 58.0% | 88.9% | ||
| Q2 25 | 143.4% | 64.0% | ||
| Q1 25 | -183.6% | 50.7% | ||
| Q4 24 | 95.7% | 245.4% | ||
| Q3 24 | -182.1% | 46.3% | ||
| Q2 24 | -120.6% | 14.4% | ||
| Q1 24 | 267.1% | 76.2% |
每股收益（稀释后）RIOTSOFI
| Q4 25 | $-1.89 | $0.14 | ||
| Q3 25 | $0.26 | $0.11 | ||
| Q2 25 | $0.58 | $0.08 | ||
| Q1 25 | $-0.90 | $0.06 | ||
| Q4 24 | $0.39 | $0.31 | ||
| Q3 24 | $-0.54 | $0.05 | ||
| Q2 24 | $-0.32 | $0.01 | ||
| Q1 24 | $0.81 | $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 | $4.9B |
| 总债务越低越好 | $840.8M | — |
| 股东权益账面价值 | $2.9B | $10.5B |
| 总资产 | $3.9B | $50.7B |
| 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RIOTSOFI
| Q4 25 | $233.5M | $4.9B | ||
| Q3 25 | $330.7M | $3.2B | ||
| Q2 25 | $255.4M | $2.1B | ||
| Q1 25 | $163.7M | $2.1B | ||
| Q4 24 | $277.9M | $2.5B | ||
| Q3 24 | $355.7M | $2.4B | ||
| Q2 24 | $481.2M | $2.3B | ||
| Q1 24 | $688.5M | $3.7B |
总债务RIOTSOFI
| Q4 25 | $840.8M | — | ||
| Q3 25 | $5.3M | — | ||
| Q2 25 | $5.3M | — | ||
| Q1 25 | $5.3M | — | ||
| Q4 24 | $5.3M | — | ||
| Q3 24 | $5.7M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益RIOTSOFI
| Q4 25 | $2.9B | $10.5B | ||
| Q3 25 | $3.5B | $8.8B | ||
| Q2 25 | $3.3B | $6.9B | ||
| Q1 25 | $2.9B | $6.7B | ||
| Q4 24 | $3.1B | $6.5B | ||
| Q3 24 | $2.7B | $6.1B | ||
| Q2 24 | $2.6B | $5.9B | ||
| Q1 24 | $2.5B | $5.8B |
总资产RIOTSOFI
| Q4 25 | $3.9B | $50.7B | ||
| Q3 25 | $4.5B | $45.3B | ||
| Q2 25 | $4.3B | $41.1B | ||
| Q1 25 | $3.7B | $37.7B | ||
| Q4 24 | $3.9B | $36.3B | ||
| Q3 24 | $2.9B | $34.4B | ||
| Q2 24 | $2.7B | $32.6B | ||
| Q1 24 | $2.6B | $31.3B |
负债/权益比RIOTSOFI
| Q4 25 | 0.29× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | — | ||
| 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 | $-105.5M | $-991.2M |
| 自由现金流经营现金流 - 资本支出 | $-188.0M | $-1.1B |
| 自由现金流率自由现金流/营收 | -123.0% | -621.0% |
| 资本支出强度资本支出/营收 | 54.0% | 39.0% |
| 现金转化率经营现金流/净利润 | — | -5.71× |
| 过去12个月自由现金流最近4个季度 | $-774.3M | $-4.0B |
8季度趋势，按日历期对齐
经营现金流RIOTSOFI
| Q4 25 | $-105.5M | $-991.2M | ||
| Q3 25 | $-114.0M | $-1.3B | ||
| Q2 25 | $-231.3M | $-1.5B | ||
| Q1 25 | $-122.1M | $21.5M | ||
| Q4 24 | $-98.4M | $-200.1M | ||
| Q3 24 | $-56.3M | $-1.2B | ||
| Q2 24 | $-42.5M | $-484.4M | ||
| Q1 24 | $-57.9M | $738.2M |
自由现金流RIOTSOFI
| Q4 25 | $-188.0M | $-1.1B | ||
| Q3 25 | $-139.7M | $-1.4B | ||
| Q2 25 | $-291.7M | $-1.5B | ||
| Q1 25 | $-154.9M | $-31.1M | ||
| Q4 24 | $-156.6M | $-242.4M | ||
| Q3 24 | $-127.6M | $-1.2B | ||
| Q2 24 | $-96.1M | $-521.1M | ||
| Q1 24 | $-115.2M | $706.3M |
自由现金流率RIOTSOFI
| Q4 25 | -123.0% | -621.0% | ||
| Q3 25 | -77.5% | -871.1% | ||
| Q2 25 | -190.7% | -1007.6% | ||
| Q1 25 | -96.0% | -22.2% | ||
| Q4 24 | -109.8% | -178.9% | ||
| Q3 24 | -150.5% | -927.3% | ||
| Q2 24 | -137.2% | -431.4% | ||
| Q1 24 | -145.2% | 610.9% |
资本支出强度RIOTSOFI
| Q4 25 | 54.0% | 39.0% | ||
| Q3 25 | 14.3% | 38.3% | ||
| Q2 25 | 39.5% | 41.8% | ||
| Q1 25 | 20.4% | 37.5% | ||
| Q4 24 | 40.8% | 31.2% | ||
| Q3 24 | 84.1% | 33.0% | ||
| Q2 24 | 76.5% | 30.4% | ||
| Q1 24 | 72.3% | 27.7% |
现金转化率RIOTSOFI
| Q4 25 | — | -5.71× | ||
| Q3 25 | -1.09× | -9.37× | ||
| Q2 25 | -1.05× | -15.08× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | -0.72× | -0.60× | ||
| Q3 24 | — | -19.32× | ||
| Q2 24 | — | -27.83× | ||
| Q1 24 | -0.27× | 8.39× |
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% |
SOFI
| Technology Platform Segment | $94.0M | 55% |
| Interchange | $35.9M | 21% |
| Referrals Loan Platform | $19.7M | 12% |
| Brokerage | $12.9M | 8% |
| Financial Service Other | $4.1M | 2% |
| Other | $3.6M | 2% |
