Riot Platforms RIOT
NASDAQ RIOT
$21.47 +0.52 (+2.48%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Riot Platforms (RIOT) posted Cost of Revenue of $89.3 million for Q2 2026, up 2.88% on a QoQ basis from $86.8 million in Q1 2026, and up 14.18% year-over-year from $78.2 million in Q2 2025.

Analysis

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

Riot Platforms has reported Cost of Revenue for 13 years, with the latest figure at $89.3 million in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 14.18% year-over-year to $89.3 million in Q2 2026; TTM through Jun 2026 was $362.0 million, a 33.9% increase from a year earlier, with the FY2025 full-year figure at $339.0 million, up 79.16% from the prior year.
  • Cost of Revenue was $89.3 million for Q2 2026 at Riot Platforms, up from $86.8 million in the prior quarter.
  • The five-year high for Cost of Revenue was $95.8 million in Q3 2025, with the low at $35.3 million in Q2 2024.
  • Average Cost of Revenue over 5 years is $64.6 million, with a median of $63.6 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2024: Cost of Revenue soared 505.63% in 2022, then plunged 44.85% in 2024.
  • Over 5 years, Cost of Revenue stood at $57.0 million in 2022, then grew by 11.29% to $63.5 million in 2023, then climbed by 3.87% to $65.9 million in 2024, then jumped by 36.9% to $90.3 million in 2025, then slipped by 1.1% to $89.3 million in 2026.
  • The last three Cost of Revenue figures came in at $89.3 million (Q2 2026), $86.8 million (Q1 2026), and $90.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Bitmine Immersion Technologies 57.18 Bn 56.84 Bn 40.81 Mn 5.73 Mn
2 Iren 33.35 Bn 25.78 Bn 103.89 Mn 33.34 Mn
3 Hut 8 12.15 Bn 5.67 Bn 48.04 Mn 26.89 Mn
4 Riot Platforms 8.12 Bn 7.57 Bn 84.97 Mn 89.26 Mn
5 Argo Blockchain 6.30 Bn 6.30 Bn - -
6 MARA Holdings 4.58 Bn 4.22 Bn - -
7 Cleanspark 3.51 Bn 3.30 Bn - 85.48 Mn
8 Bitdeer Technologies 2.82 Bn 2.36 Bn -8.53 Mn 237.31 Mn
9 Keel Infrastructure 2.20 Bn 2.20 Bn -86.75 Mn 117.18 Mn
10 HIVE Digital Technologies 831.06 Mn 592.03 Mn -29.49 Mn 108.61 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 89.26 Mn
Mar 31, 2026 86.76 Mn
Dec 31, 2025 90.25 Mn
Sep 30, 2025 95.77 Mn
Jun 30, 2025 78.18 Mn
Mar 31, 2025 74.82 Mn
Dec 31, 2024 65.93 Mn
Sep 30, 2024 51.47 Mn
Jun 30, 2024 35.28 Mn
Mar 31, 2024 47.10 Mn
Dec 31, 2023 63.47 Mn
Sep 30, 2023 63.78 Mn
Jun 30, 2023 63.96 Mn
Mar 31, 2023 63.12 Mn
Dec 31, 2022 57.03 Mn
Sep 30, 2022 42.68 Mn
Jun 30, 2022 48.35 Mn
Mar 31, 2022 45.63 Mn
Dec 31, 2021 35.88 Mn
Sep 30, 2021 25.62 Mn