Riot Platforms (RIOT) vs TeraWulf (WULF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
TeraWulf (WULF) has outperformed Riot Platforms (RIOT) over the past year, gaining 11.0% versus a loss of 23.4%. Over five years, RIOT leads with a -39.5% price change compared with -54.6% for WULF. TeraWulf is the larger company by market cap ($6.83 billion vs $6.34 billion), about 1.1 times the size, while Riot Platforms is growing revenue faster (+71.9% vs +20.3%).
Riot Platforms converts more of its revenue into profit, with a net margin of -102.4% versus -392.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | RIOT | WULF |
|---|---|---|
| Share price | $16.91 | $13.70 |
| Market cap | $6.34B | $6.83B |
| 1-day change | +0.39% | +0.33% |
| YTD return | +32.91% | +18.80% |
| 1-year return | -23.42% | +10.98% |
| 5-year return | -39.53% | -54.58% |
| EPS (TTM) | $-3.89 | $-4.43 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $647.43M | $168.46M |
| Revenue growth (YoY) | +71.89% | +20.28% |
| Net income (latest FY) | $-663.18M | $-661.42M |
| Gross margin | — | 39.21% |
| Operating margin | -96.10% | -110.54% |
| Net margin | -102.43% | -392.64% |
| 52-week high | $30.32 | $29.84 |
| 52-week low | $11.50 | $10.47 |
| Distance from 52-week high | -44.24% | -54.11% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | +86.57% | +144.47% |
| Average volume | 18.71M | 31.02M |
| Shares outstanding | 375.26M | 498.97M |
| Employees | 816 | 141 |
| Sector | Finance | Finance |
| Industry | Finance: Consumer Services | Finance: Consumer Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- WULF has outperformed RIOT by 34.4 percentage points over the past year.
- Riot Platforms is more profitable, keeping -102.4 cents of every revenue dollar as net income versus -392.6 cents for TeraWulf.
- Riot Platforms grew revenue faster in its latest fiscal year (+71.89% vs +20.28%).
About Riot Platforms
RIOT stock →Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. It operates in two segments, Bitcoin Mining and Engineering.
Finance · Finance: Consumer Services · 816 employees
About TeraWulf
WULF stock →TeraWulf Inc., together with its subsidiaries, owns, develops, operates digital infrastructure in the United States. It also develops and operates bitcoin mining facilities for bitcoin mining and high-performance computing workloads, leveraging clean, cost-effective, and reliable energy.
Finance · Finance: Consumer Services · 141 employees
RIOT vs WULF FAQ
Which is bigger, Riot Platforms or TeraWulf?
TeraWulf (WULF) is larger, with a market capitalization of $6.83B compared with $6.34B for Riot Platforms (RIOT).
Which stock has performed better over the past year, RIOT or WULF?
WULF returned +10.98% over the past 12 months, compared with -23.42% for RIOT (price return, excluding dividends). Past performance does not predict future results.
Are Riot Platforms and TeraWulf in the same industry?
Yes. Both are classified in the Finance: Consumer Services industry within the Finance sector.