Riot Platforms (RIOT) Gross Margin (2010 - 2026)
Riot Platforms (RIOT) recorded quarterly Gross Margin of 48.11% in Q1 2026, down 58.27% quarter-over-quarter from 115.31% in Q4 2025, and down 4457.0% on a YoY basis from 1.1% in Q1 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 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 was 48.11% for Q1 2026 at Riot Platforms, down from 115.31% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 224.29% in Q4 2022 to a low of 7.8% in Q3 2022.
- Historically, Gross Margin has averaged 75.59% across 5 years, with a median of 88.2% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin soared 86621 bps in 2022, then tumbled 12845 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 224.29% in 2022, then sank by 57 bps to 95.84% in 2023, then retreated by 6 bps to 90.23% in 2024, then rose by 28 bps to 115.31% in 2025, then tumbled by 58 bps to 48.11% in 2026.
- The last three Gross Margin figures came in at 48.11% (Q1 2026), 115.31% (Q4 2025), and 92.39% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | - |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | - |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | - |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 89.97% |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | - |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | - |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | - |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 84.10% |
| 10 | Riot Platforms | 8.94 Bn | 8.64 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% |