Riot Platforms RIOT
NASDAQ RIOT
$21.47 +0.52 (+2.48%)
At close: Sep 11, 2026 · 4:00 PM EDT

Riot Platforms (RIOT) Operating Expenses (2010 - 2026)

Riot Platforms (RIOT) posted Operating Expenses of $413.7 million for Q2 2026, down 37.99% on a QoQ basis from $667.1 million in Q1 2026, and up 754.97% year-over-year from $48.4 million in Q2 2025.

Analysis

Riot Platforms (RIOT) Operating Expenses (2010 - 2026) Analysis & Trends

Riot Platforms has reported Operating Expenses for 13 years, with the latest figure at $413.7 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 754.97% year-over-year to $413.7 million in Q2 2026; TTM through Jun 2026 was $2.0 billion, a 309.58% increase from a year earlier, with the FY2025 full-year figure at $1.3 billion, up 469.15% from the prior year.
  • Operating Expenses was $413.7 million for Q2 2026 at Riot Platforms, down from $667.1 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.
  • Average Operating Expenses over 5 years is $204.9 million, with a median of $121.7 million recorded in 2023.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses tumbled 323.13% in 2024, then surged 1934.46% in 2025.
  • Over 5 years, 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 soared by 1934.46% to $837.3 million in 2025, then plunged by 50.6% to $413.7 million in 2026.
  • The last three Operating Expenses figures came in at $413.7 million (Q2 2026), $667.1 million (Q1 2026), and $837.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bitmine Immersion Technologies 57.18 Bn 56.84 Bn 40.81 Mn 52.67 Mn
2 Iren 33.35 Bn 25.78 Bn 103.89 Mn 128.25 Mn
3 Hut 8 12.15 Bn 5.67 Bn 48.04 Mn 78.04 Mn
4 Riot Platforms 8.12 Bn 7.57 Bn 84.97 Mn 413.67 Mn
5 Argo Blockchain 6.30 Bn 6.30 Bn - -
6 MARA Holdings 4.58 Bn 4.22 Bn - 695.95 Mn
7 Cleanspark 3.51 Bn 3.30 Bn - 370.41 Mn
8 Bitdeer Technologies 2.82 Bn 2.36 Bn -8.53 Mn -93.21 Mn
9 Keel Infrastructure 2.20 Bn 2.20 Bn -86.75 Mn 31.31 Mn
10 HIVE Digital Technologies 831.06 Mn 592.03 Mn -29.49 Mn 18.98 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 413.67 Mn
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