Riot Platforms (RIOT) Cost of Revenue (2010 - 2026)

Riot Platforms (RIOT) posted quarterly Cost of Revenue of $86.8 million for Q1 2026, up 15.96% year-over-year from $74.8 million in Q1 2025, and up 470.78% quarter-over-quarter from -$23.4 million in Q4 2025.

Riot Platforms (RIOT) Cost of Revenue (2010 - 2026) Analysis & Trends

Riot Platforms' Cost of Revenue history runs 13 years deep, the most recent figure standing at $86.8 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 15.96% year-over-year to $86.8 million; the TTM figure through Mar 2026 stood at $237.3 million (up 451.16% YoY), while the FY2025 annual figure was $12.0 million, down 62.36% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $86.8 million, up from -$23.4 million in the prior quarter.
  • The five-year high for Cost of Revenue was $95.8 million in Q3 2025, with the low at -$91.5 million in Q4 2024.
  • The 5-year median for Cost of Revenue is $42.7 million (2022), against an average of $31.9 million.
  • The sharpest annual moves came in 2022 and 2025: Cost of Revenue sank 2107.31% in 2022, then jumped 846.31% in 2025.
  • Riot Platforms' Cost of Revenue stood at -$62.3 million in 2022, then surged by 136.37% to $22.7 million in 2023, then plunged by 503.64% to -$91.5 million in 2024, then soared by 74.43% to -$23.4 million in 2025, then soared by 470.78% to $86.8 million in 2026.
  • Business Quant data shows RIOT's Cost of Revenue at $86.8 million in Q1 2026, -$23.4 million in Q4 2025, and $95.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -
2 Goldman Sachs 316.34 Bn -660.01 Bn - -
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 19.32 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 104.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 39.93 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 Riot Platforms 8.17 Bn 7.89 Bn 80.46 Mn 86.76 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 86.76 Mn
Mar 31, 2026 86.76 Mn
Dec 31, 2025 -23.40 Mn
Dec 31, 2025 -23.40 Mn
Sep 30, 2025 95.77 Mn
Sep 30, 2025 95.77 Mn
Jun 30, 2025 78.18 Mn
Jun 30, 2025 78.18 Mn
Mar 31, 2025 74.82 Mn
Mar 31, 2025 74.82 Mn
Dec 31, 2024 -91.50 Mn
Dec 31, 2024 -91.50 Mn
Sep 30, 2024 51.47 Mn
Sep 30, 2024 51.47 Mn
Jun 30, 2024 8.26 Mn
Jun 30, 2024 8.26 Mn
Mar 31, 2024 36.55 Mn
Mar 31, 2024 36.55 Mn
Dec 31, 2023 22.67 Mn
Dec 31, 2023 22.67 Mn