Riot Platforms (RIOT) Operating Expenses (2010 - 2026)
Riot Platforms (RIOT) posted quarterly Operating Expenses of $667.1 million for Q1 2026, up 68.77% year-over-year from $395.3 million in Q1 2025, and down 20.33% quarter-over-quarter from $837.3 million in Q4 2025.
Riot Platforms (RIOT) Operating Expenses (2010 - 2026) Analysis & Trends
Riot Platforms' Operating Expenses history runs 13 years deep, the most recent figure standing at $667.1 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 68.77% year-over-year to $667.1 million; the TTM figure through Mar 2026 stood at $1.5 billion (up 107.47% YoY), while the FY2025 annual figure was $1.3 billion, up 469.15% from the prior year.
- Operating Expenses for Q1 2026 stood at $667.1 million, down from $837.3 million in the prior quarter.
- The five-year high for Operating Expenses was $837.3 million in Q4 2025, with the low at -$124.6 million in Q1 2024.
- The 5-year median for Operating Expenses is $108.9 million (2023), against an average of $192.7 million.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses tumbled 323.13% in 2024, then soared 1934.46% in 2025.
- Riot Platforms' Operating Expenses stood at $222.6 million in 2022, then tumbled by 80.01% to $44.5 million in 2023, then sank by 202.56% to -$45.6 million in 2024, then jumped by 1934.46% to $837.3 million in 2025, then dropped by 20.33% to $667.1 million in 2026.
- Business Quant data shows RIOT's Operating Expenses at $667.1 million in Q1 2026, $837.3 million in Q4 2025, and $100.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 13.90 Bn |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 11.67 Bn |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 3.29 Bn |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | -200.78 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 734.00 Mn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | 81.75 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 381.00 Mn |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 4.67 Bn |
| 10 | Riot Platforms | 8.17 Bn | 7.89 Bn | 80.46 Mn | 667.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 667.09 Mn |
| Dec 31, 2025 | 837.32 Mn |
| Sep 30, 2025 | 100.18 Mn |
| Jun 30, 2025 | -63.16 Mn |
| Mar 31, 2025 | 395.26 Mn |
| Dec 31, 2024 | -45.64 Mn |
| Sep 30, 2024 | 206.30 Mn |
| Jun 30, 2024 | 187.06 Mn |
| Mar 31, 2024 | -124.65 Mn |
| Dec 31, 2023 | 44.50 Mn |
| Sep 30, 2023 | 134.44 Mn |
| Jun 30, 2023 | 108.92 Mn |
| Mar 31, 2023 | 55.86 Mn |
| Dec 31, 2022 | 222.59 Mn |
| Sep 30, 2022 | 82.17 Mn |
| Jun 30, 2022 | 426.19 Mn |
| Mar 31, 2022 | 40.93 Mn |
| Dec 31, 2021 | 109.45 Mn |
| Sep 30, 2021 | 75.65 Mn |
| Jun 30, 2021 | 39.80 Mn |