Riot Platforms (RIOT) Operating Margin (2010 - 2026)
Riot Platforms (RIOT) posted Operating Margin of -137.42% for Q2 2026, down 278.70 percentage points from 141.28% a year earlier but up 161.51 percentage points from the prior quarter.
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Analysis
Riot Platforms (RIOT) Operating Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Riot Platforms was -199.22%, down 208.25 percentage points year-over-year; for FY2025, it was -96.10%, down 136.87 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of +32.57 percentage points (FY2020 to FY2025).
- In prior years, Riot Platforms' Operating Margin was 40.78% in FY2024 (+63.24 pp), -22.46% in FY2023 (+175.36 pp), -197.82% in FY2022 (-183.82 pp) and -14.01% in FY2021 (+114.66 pp).
- Quarterly Operating Margin has run from a low of -484.24% in Q2 2022 to a high of 257.19% in Q1 2024 over five years.
- On a year-over-year basis, Operating Margin has declined in each of the last three quarters, with an average year-over-year change of -101.79 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q2 2023, with a gain of 442.30 percentage points; the weakest was Q4 2025, with a drop of 579.89 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was -298.93% (Q1 2026), -447.87% (Q4 2025) and 44.42% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 48.23 Bn | 6.45 Bn | - | 16.44% |
| 2 | Coinbase Global | 45.81 Bn | 2.61 Bn | - | -9.30% |
| 3 | Block | 44.79 Bn | 16.09 Bn | 3.17 Bn | 6.75% |
| 4 | Corpay | 26.32 Bn | 16.21 Bn | - | 35.28% |
| 5 | Fiserv | 24.44 Bn | 21.12 Bn | 2.90 Bn | 19.18% |
| 6 | Global Payments | 22.32 Bn | 110.29 Mn | 2.03 Bn | 10.15% |
| 7 | Guidewire Software | 13.88 Bn | 10.45 Bn | 269.68 Mn | 15.16% |
| 8 | Bitmine Immersion Technologies | 13.31 Bn | 10.69 Bn | 40.81 Mn | -25.50% |
| 9 | Iren | 11.27 Bn | -1.13 Bn | 103.89 Mn | -452.09% |
| 10 | Riot Platforms | 5.89 Bn | 4.65 Bn | 41.24 Mn | -137.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -137.42% |
| Mar 31, 2026 | -298.93% |
| Dec 31, 2025 | -447.87% |
| Sep 30, 2025 | 44.42% |
| Jun 30, 2025 | 141.28% |
| Mar 31, 2025 | -144.92% |
| Dec 31, 2024 | 132.02% |
| Sep 30, 2024 | -143.32% |
| Jun 30, 2024 | -167.16% |
| Mar 31, 2024 | 257.19% |
| Dec 31, 2023 | 43.53% |
| Sep 30, 2023 | -159.08% |
| Jun 30, 2023 | -41.94% |
| Mar 31, 2023 | 23.72% |
| Dec 31, 2022 | -270.08% |
| Sep 30, 2022 | -77.50% |
| Jun 30, 2022 | -484.24% |
| Mar 31, 2022 | 48.70% |
| Dec 31, 2021 | -20.42% |
| Sep 30, 2021 | -16.72% |
API Access
Riot Platforms Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=RIOT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "RIOT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=RIOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();