Riot Platforms (RIOT) Tax Rate (2021 - 2026)
Riot Platforms (RIOT) posted Tax Rate of 0.04% for Q2 2026, up 176.06% on a QoQ basis from 0.06% in Q1 2026, and down 10.0% year-over-year from 0.05% in Q2 2025.
Analysis
Riot Platforms (RIOT) Tax Rate (2021 - 2026) Analysis & Trends
Riot Platforms has reported Tax Rate for 6 years, with the latest figure at 0.04% in Q2 2026.
- On a quarterly basis, Tax Rate fell 10.0% year-over-year to 0.04% in Q2 2026; TTM through Jun 2026 was 10.55%, a 3640.0% increase from a year earlier, with the FY2025 full-year figure at 20.98%, down 27.0% from the prior year.
- Tax Rate was 0.04% for Q2 2026 at Riot Platforms, up from 0.06% in the prior quarter.
- The five-year high for Tax Rate was 61.66% in Q4 2022, with the low at 36.69% in Q1 2023.
- Average Tax Rate over 5 years is 3.23%, with a median of 0.09% recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: Tax Rate surged 4514 bps in 2022, then slumped 7803 bps in 2023.
- Over 5 years, Tax Rate stood at 61.66% in 2022, then slumped by 127 bps to 16.37% in 2023, then jumped by 204 bps to 17.03% in 2024, then climbed by 20 bps to 20.43% in 2025, then plunged by 100 bps to 0.04% in 2026.
- The last three Tax Rate figures came in at 0.04% (Q2 2026), 0.06% (Q1 2026), and 20.43% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | - |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 1.16% |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 15.10% |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 0.04% |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | -0.09% |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | 1.22% |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | -11.44% |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | -0.03% |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | -1.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.04% |
| Mar 31, 2026 | -0.06% |
| Dec 31, 2025 | 20.43% |
| Sep 30, 2025 | 1.59% |
| Jun 30, 2025 | 0.15% |
| Mar 31, 2025 | -0.15% |
| Dec 31, 2024 | 17.03% |
| Sep 30, 2024 | -0.02% |
| Jun 30, 2024 | -0.07% |
| Mar 31, 2024 | -0.01% |
| Dec 31, 2023 | -16.37% |
| Sep 30, 2023 | 0.20% |
| Jun 30, 2023 | -0.41% |
| Mar 31, 2023 | -36.69% |
| Dec 31, 2022 | 61.66% |
| Sep 30, 2022 | 8.34% |
| Jun 30, 2022 | 1.72% |
| Mar 31, 2022 | 0.85% |
| Dec 31, 2021 | 16.52% |
| Jun 30, 2021 | 16.40% |