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 | 333.21 Bn | 173.07 Bn | - | - |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | - |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | - |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 104.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | - |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 412.47 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 93.63 Mn |
| 10 | Riot Platforms | 6.95 Bn | 6.40 Bn | 84.97 Mn | 89.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 89.26 Mn |
| Jun 30, 2026 | 89.26 Mn |
| 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 |