Riot Platforms (FRA:AP4N) EBITDA Margin %: -239.11% (As of Mar. 2026)


FRA:AP4N Riot Platforms Inc FRA:AP4N
64 GF Score
Price €24.26
GF Value €11.75
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Riot Platforms EBITDA Margin %?

Riot Platforms FRA:AP4N +1.10% 64 EBITDA Margin % is -239.11% as of Mar. 2026. GuruFocus rates FRA:AP4N with a GF Score™ of 64/100 and a GF Value™ of €11.75 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 666 Capital Markets companies, Riot Platforms ranks worse than 87.39% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Riot Platforms's EBITDA for the three months ended in Mar. 2026 was €-345.9 Mil. Riot Platforms's Revenue for the three months ended in Mar. 2026 was €144.6 Mil. Therefore, Riot Platforms's EBITDA margin for the quarter that ended in Mar. 2026 was -239.11%.


Riot Platforms  (FRA:AP4N) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Riot Platforms EBITDA Margin % Related Terms


Riot Platforms EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Riot Platforms's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Riot Platforms EBITDA Margin % Chart

Riot Platforms Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.36 -158.99 71.49 86.07 -45.16

Riot Platforms Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -133.65 202.02 109.39 -381.39 -239.11

FRA:AP4N vs HLI, SF, JEF: EBITDA Margin % Comparison

For the Capital Markets subindustry, Riot Platforms's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Riot Platforms EBITDA Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Riot Platforms's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Riot Platforms's EBITDA Margin % falls into.


FRA:AP4N
64GF Score
Riot Platforms Inc FRA:AP4N
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Riot Platforms EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Riot Platforms's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-249.689/552.909
=-45.16 %

Riot Platforms's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-345.856/144.644
=-239.11 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of -239.11% mean?
Riot Platforms (FRA:AP4N) has a EBITDA Margin % of -239.11% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Riot Platforms and its competitors. According to the industry distribution chart, Riot Platforms ranks #582 out of 666 companies in the Capital Markets industry, placing it in the top 87.4%.
Is Riot Platforms' EBITDA Margin % too high?
Riot Platforms' current EBITDA Margin % is -239.11%. Based on the distribution chart, Riot Platforms ranks #582 out of 666 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Riot Platforms has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riot Platforms' EBITDA Margin % compare to HLI and SF?
According to the Capital Markets industry distribution chart, Riot Platforms ranks #582 out of 666 companies for EBITDA Margin %. This places Riot Platforms in the lower half of its industry. The industry median EBITDA Margin % is 20.73. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Capital Markets company?
The median EBITDA Margin % among Capital Markets companies is 20.73, based on 666 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Riot Platforms and its competitors. For the Capital Markets industry, the median EBITDA Margin % is 20.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riot Platforms's current EBITDA Margin % is -239.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riot Platforms stock overvalued right now?
Based on GuruFocus' analysis, Riot Platforms (FRA:AP4N) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.75, compared to a current price of €24.26 — trading 106.5% above its estimated fair value. The current EBITDA Margin % is -239.11%. Riot Platforms' overall GF Score™ is 64/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Riot Platforms (FRA:AP4N), the current EBITDA Margin % is -239.11% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Riot Platforms (FRA:AP4N) Overvalued in 2026?

Based on GuruFocus' analysis, Riot Platforms stock appears to be overvalued. The current stock price of €24.26 is trading 106.5% above its estimated GF Value™ of €11.75. GuruFocus considers Riot Platforms to be Significantly Overvalued.

Key valuation signals for FRA:AP4N:

  • EBITDA Margin %: -239.11%
  • GF Value™: €11.75 vs. price of €24.26 (106.5% above fair value)
  • GF Score™: 64/100 with 8 warning signs

No single metric tells the full story. See the FRA:AP4N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riot Platforms Business Description

Address 3855 Ambrosia Street, Suite 301, Castle Rock, CO, USA, 80109
Riot Platforms Inc is a vertically integrated digital infrastructure company principally engaged in developing and optimizing its large-scale power assets. The Company's business centers on enhancing its electrical infrastructure and deploying it across two complementary platforms: (i) Bitcoin Mining and (ii) scalable data center solutions designed to support non-mining workloads. The company's segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.
64GF Score

Get the complete analysis for FRA:AP4N

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€24.26
Price
€11.75
GF Value