Riot Platforms (RIOT) Gross Margin (2010 - 2026)
Riot Platforms (RIOT) posted quarterly Gross Margin of 48.11% for Q1 2026, down 553.0% year-over-year from 10.62% in Q1 2025, and down 58.27% quarter-over-quarter from 115.31% in Q4 2025.
Riot Platforms (RIOT) Gross Margin (2010 - 2026) Analysis & Trends
Riot Platforms' Gross Margin history runs 13 years deep, the most recent figure standing at 48.11% for Q1 2026.
- In Q1 2026, Gross Margin fell 553.0% year-over-year to 48.11%; the TTM figure through Mar 2026 stood at 63.67% (down 2694.0% YoY), while the FY2025 annual figure was 98.15%, up 659.0% from the prior year.
- Gross Margin for Q1 2026 stood at 48.11%, down from 115.31% in the prior quarter.
- The five-year high for Gross Margin was 203.62% in Q4 2022, with the low at 7.8% in Q3 2022.
- The 5-year median for Gross Margin is 48.9% (2025), against an average of 66.28%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin soared 10704 bps in 2022, then slumped 13239 bps in 2023.
- Riot Platforms' Gross Margin stood at 203.62% in 2022, then sank by 65 bps to 71.24% in 2023, then soared by 130 bps to 164.18% in 2024, then slipped by 30 bps to 115.31% in 2025, then slumped by 58 bps to 48.11% in 2026.
- Business Quant data shows RIOT's Gross Margin at 48.11% in Q1 2026, 115.31% in Q4 2025, and 46.86% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | - |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | - |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | - |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | 206.12% |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 92.05% |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | 72.42% |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | - |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | - |
| 10 | Riot Platforms | 8.17 Bn | 7.89 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 | 46.86% |
| Jun 30, 2025 | 48.90% |
| Mar 31, 2025 | 53.64% |
| Dec 31, 2024 | 164.18% |
| Sep 30, 2024 | 39.29% |
| Jun 30, 2024 | 88.20% |
| Mar 31, 2024 | 53.91% |
| Dec 31, 2023 | 71.24% |
| Sep 30, 2023 | 38.97% |
| Jun 30, 2023 | 56.37% |
| Mar 31, 2023 | 13.81% |
| Dec 31, 2022 | 203.62% |
| Sep 30, 2022 | 7.80% |
| Jun 30, 2022 | 33.71% |
| Mar 31, 2022 | 42.81% |
| Dec 31, 2021 | 96.58% |
| Sep 30, 2021 | 80.59% |
| Jun 30, 2021 | 72.85% |