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
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%