Riot Platforms (RIOT) Gross Margin (2010 - 2026)
Riot Platforms (RIOT) posted quarterly Gross Margin of 48.11% for Q1 2026, down 4457.0% year-over-year from 1.1% in Q1 2025, and down 58.27% on a QoQ basis from 115.31% in Q4 2025.
Riot Platforms (RIOT) Gross Margin (2010 - 2026) Analysis & Trends
Riot Platforms (RIOT) has reported Gross Margin for 13 consecutive years, with 48.11% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 4457.0% year-over-year to 48.11%; the TTM figure through Mar 2026 stood at 87.74% (up 637.0% YoY), while the FY2025 annual figure was 98.15%, up 923.0% from the prior year.
- Gross Margin came in at 48.11% for Q1 2026 at Riot Platforms, down from 115.31% in the prior quarter.
- The five-year high for Gross Margin was 224.29% in Q4 2022, with the low at 7.8% in Q3 2022.
- Average Gross Margin over 5 years is 75.59%, with a median of 88.2% recorded in 2024.
- Across the five-year window, Gross Margin soared 86621 bps in 2022 and plunged 12845 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 224.29% in 2022, then slumped by 57 bps to 95.84% in 2023, then dropped by 6 bps to 90.23% in 2024, then climbed by 28 bps to 115.31% in 2025, then plunged by 58 bps to 48.11% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 48.11%, 115.31%, and 92.39% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 206.12% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 89.97% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 84.10% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 99.97% |
| 10 | Riot Platforms | 8.33 Bn | 8.03 Bn | 80.46 Mn | 48.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.11% |
| Dec 31, 2025 | 115.31% |
| Sep 30, 2025 | 92.39% |
| Jun 30, 2025 | 98.04% |
| Mar 31, 2025 | 92.68% |
| Dec 31, 2024 | 90.23% |
| Sep 30, 2024 | 39.29% |
| Jun 30, 2024 | 88.20% |
| Mar 31, 2024 | 94.28% |
| Dec 31, 2023 | 95.84% |
| Sep 30, 2023 | 38.97% |
| Jun 30, 2023 | 69.19% |
| Mar 31, 2023 | 13.81% |
| Dec 31, 2022 | 224.29% |
| Sep 30, 2022 | 7.80% |
| Jun 30, 2022 | 33.71% |
| Mar 31, 2022 | 42.81% |
| Dec 31, 2021 | 67.88% |
| Sep 30, 2021 | 79.89% |
| Jun 30, 2021 | -832.50% |