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
DateValue
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%