Riot Platforms (RIOT) FCF Margin (2011 - 2026)
Riot Platforms' FCF Margin was -86.59% in Q2 2026, up 104.08 percentage points from -190.67% a year earlier and up 91.69 percentage points from the prior quarter.
Riot Platforms (RIOT) FCF Margin (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Riot Platforms' FCF Margin was -115.15% through Jun 30, 2026, up 19.76 percentage points year-over-year; for FY2025, it was -119.60%, up 11.93 percentage points from FY2024.
- FCF Margin shows a five-year change of -28.64 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was -131.52% in FY2024 (-74.30 pp), -57.23% in FY2023 (-0.17 pp), -57.06% in FY2022 (+52.30 pp) and -109.36% in FY2021 (-18.41 pp).
- Quarterly FCF Margin has moved between -190.67% (Q2 2025) and -0.58% (Q4 2023) over five years.
- Compared with a year earlier, FCF Margin was higher in three of the last eight quarters, with an average year-over-year change of -11.49 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q3 2021 (a gain of 176.53 percentage points); the worst was Q4 2021 (a drop of 180.31 percentage points).
- Per Business Quant data, RIOT's FCF Margin in the three quarters before Q2 2026 was -178.28% (Q1 2026), -123.00% (Q4 2025) and -77.51% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 47.33 Bn | 6.03 Bn | - | 16.67% |
| 2 | Block | 45.18 Bn | 16.44 Bn | 3.17 Bn | 14.61% |
| 3 | Coinbase Global | 42.82 Bn | -377.68 Mn | - | 16.17% |
| 4 | Corpay | 25.99 Bn | 16.19 Bn | - | 105.74% |
| 5 | Fiserv | 25.45 Bn | 22.15 Bn | 2.90 Bn | 18.61% |
| 6 | Global Payments | 22.22 Bn | 660.33 Mn | 2.03 Bn | 12.86% |
| 7 | Iren | 21.94 Bn | 9.54 Bn | 103.89 Mn | 351.43% |
| 8 | Guidewire Software | 13.70 Bn | 10.26 Bn | 269.68 Mn | 68.54% |
| 9 | Bitmine Immersion Technologies | 12.80 Bn | 10.19 Bn | 40.81 Mn | 62.27% |
| 10 | Riot Platforms | 5.46 Bn | 4.22 Bn | 41.24 Mn | -86.59% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -86.59% |
| Mar 31, 2026 | -178.28% |
| Dec 31, 2025 | -123.00% |
| Sep 30, 2025 | -79.51% |
| Jun 30, 2025 | -190.67% |
| Mar 31, 2025 | -95.99% |
| Dec 31, 2024 | -109.82% |
| Sep 30, 2024 | -150.52% |
| Jun 30, 2024 | -137.18% |
| Mar 31, 2024 | -145.23% |
| Dec 31, 2023 | -0.58% |
| Sep 30, 2023 | -90.48% |
| Jun 30, 2023 | -93.32% |
| Mar 31, 2023 | -56.79% |
| Dec 31, 2022 | -25.90% |
| Sep 30, 2022 | -94.21% |
| Jun 30, 2022 | -13.86% |
| Mar 31, 2022 | -103.27% |
| Dec 31, 2021 | -102.83% |
| Sep 30, 2021 | -162.71% |
Riot Platforms FCF 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=fcf-margin&ticker=RIOT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=RIOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();