Riot Platforms (RIOT) EBITDA Margin (2011 - 2026)
Riot Platforms' EBITDA Margin was -81.30% in Q2 2026, down 276.96 percentage points from 195.66% a year earlier but up 159.19 percentage points from the prior quarter.
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Analysis
Riot Platforms (RIOT) EBITDA Margin (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Riot Platforms' EBITDA Margin was -142.70% through Jun 30, 2026, down 207.76 percentage points year-over-year; for FY2025, it was -42.53%, down 139.61 percentage points from FY2024.
- EBITDA Margin shows a five-year change of -131.76 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 97.08% in FY2024 (+29.63 pp), 67.45% in FY2023 (+223.62 pp), -156.17% in FY2022 (-154.51 pp) and -1.66% in FY2021 (-90.89 pp).
- Quarterly EBITDA Margin has moved between -456.05% (Q2 2022) and 297.98% (Q1 2024) over five years.
- Compared with a year earlier, EBITDA Margin has declined for three straight quarters, with an average year-over-year change of -110.50 percentage points over the last eight quarters.
- The best year-over-year quarter for EBITDA Margin over five years was Q2 2023 (a gain of 500.33 percentage points); the worst was Q4 2025 (a drop of 570.44 percentage points).
- Per Business Quant data, RIOT's EBITDA Margin in the three quarters before Q2 2026 was -240.48% (Q1 2026), -380.64% (Q4 2025) and 90.43% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 48.23 Bn | 6.45 Bn | - | 19.27% |
| 2 | Coinbase Global | 45.81 Bn | 2.61 Bn | - | -5.44% |
| 3 | Block | 44.79 Bn | 16.09 Bn | 3.17 Bn | 8.19% |
| 4 | Corpay | 26.32 Bn | 16.21 Bn | - | 44.11% |
| 5 | Fiserv | 24.44 Bn | 21.12 Bn | 2.90 Bn | 35.37% |
| 6 | Global Payments | 22.32 Bn | 110.29 Mn | 2.03 Bn | 37.59% |
| 7 | Guidewire Software | 13.88 Bn | 10.45 Bn | 269.68 Mn | 19.18% |
| 8 | Bitmine Immersion Technologies | 13.31 Bn | 10.69 Bn | 40.81 Mn | -24.67% |
| 9 | Iren | 11.27 Bn | -1.13 Bn | 103.89 Mn | -370.41% |
| 10 | Riot Platforms | 5.89 Bn | 4.65 Bn | 41.24 Mn | -81.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -81.30% |
| Mar 31, 2026 | -240.48% |
| Dec 31, 2025 | -380.64% |
| Sep 30, 2025 | 90.43% |
| Jun 30, 2025 | 195.66% |
| Mar 31, 2025 | -96.63% |
| Dec 31, 2024 | 189.81% |
| Sep 30, 2024 | -72.55% |
| Jun 30, 2024 | -113.85% |
| Mar 31, 2024 | 297.98% |
| Dec 31, 2023 | 122.56% |
| Sep 30, 2023 | -34.64% |
| Jun 30, 2023 | 44.28% |
| Mar 31, 2023 | 104.75% |
| Dec 31, 2022 | -192.63% |
| Sep 30, 2022 | -20.13% |
| Jun 30, 2022 | -456.05% |
| Mar 31, 2022 | 66.56% |
| Dec 31, 2021 | -14.33% |
| Sep 30, 2021 | 2.11% |
API Access
Riot Platforms EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=RIOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "RIOT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=RIOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();