Riot Platforms annual gross margin
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2025
Riot Platforms Gross Margin Growth & History (RIOT)
Riot Platforms's gross margin was 37.93% for fiscal 2025.
View full Riot Platforms company overviewRiot Platforms annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 37.93% | +7.69 pp |
| 2024 | 2024-12-31 | 30.24% | +20.85 pp |
| 2023 | 2023-12-31 | 9.39% | −15.88 pp |
| 2022 | 2022-12-31 | 25.26% | — |
| 2020 | 2020-12-31 | 48.26% | +37.43 pp |
| 2019 | 2019-12-31 | 10.82% | −14.99 pp |
| 2018 | 2018-12-31 | 25.81% | −64.85 pp |
| 2017 | 2017-12-31 | 90.66% | +84.67 pp |
| 2016 | 2016-12-31 | 5.99% | −63.84 pp |
| 2015 | 2015-12-31 | 69.83% | +12.64 pp |
| 2014 | 2014-12-31 | 57.19% | −5.01 pp |
| 2013 | 2013-12-31 | 62.20% | −36.37 pp |
| 2012 | 2012-12-31 | 98.58% | +6.02 pp |
| 2011 | 2011-12-31 | 92.55% | +89.27 pp |
| 2010 | 2010-12-31 | 3.28% | +147.44 pp |
| 2009 | 2009-12-31 | −144.16% | — |
Riot Platforms quarterly gross margin
Q2.10
Q3.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q3.13
Q1.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q3.16
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 23.67% | −16.82 pp |
| Q1 2026 | 2026-03-31 | 18.86% | −21.91 pp |
| Q4 2025 | 2025-12-31 | 30.79% | — |
| Q3 2025 | 2025-09-30 | 39.26% | — |
| Q2 2025 | 2025-06-30 | 40.49% | — |
| Q1 2025 | 2025-03-31 | 40.77% | — |
| Q1 2021 | 2021-03-31 | 67.52% | +26.49 pp |
| Q4 2020 | 2020-12-31 | 60.25% | +90.42 pp |
| Q3 2020 | 2020-09-30 | 47.12% | +31.94 pp |
| Q2 2020 | 2020-06-30 | 25.90% | −9.73 pp |
| Q1 2020 | 2020-03-31 | 41.03% | +43.90 pp |
| Q4 2019 | 2019-12-31 | −30.17% | −18.71 pp |
| Q3 2019 | 2019-09-30 | 15.17% | +1.03 pp |
| Q2 2019 | 2019-06-30 | 35.63% | −11.46 pp |
| Q1 2019 | 2019-03-31 | −2.87% | −65.16 pp |
| Q4 2018 | 2018-12-31 | −11.45% | — |
| Q3 2018 | 2018-09-30 | 14.15% | — |
| Q2 2018 | 2018-06-30 | 47.09% | — |
| Q1 2018 | 2018-03-31 | 62.29% | — |
| Q3 2016 | 2016-09-30 | 18.51% | −56.03 pp |
| Q4 2015 | 2015-12-31 | 62.50% | −2.06 pp |
| Q3 2015 | 2015-09-30 | 74.54% | +7.88 pp |
| Q2 2015 | 2015-06-30 | 66.98% | — |
| Q1 2015 | 2015-03-31 | 64.50% | +26.04 pp |
| Q4 2014 | 2014-12-31 | 64.56% | — |
| Q3 2014 | 2014-09-30 | 66.67% | +4.17 pp |
| Q1 2014 | 2014-03-31 | 38.46% | — |
| Q3 2013 | 2013-09-30 | 62.50% | −37.50 pp |
| Q4 2012 | 2012-12-31 | 50.00% | −47.78 pp |
| Q3 2012 | 2012-09-30 | 100.00% | 0.00 pp |
| Q2 2012 | 2012-06-30 | 100.00% | +5.45 pp |
| Q1 2012 | 2012-03-31 | 100.00% | +12.37 pp |
| Q4 2011 | 2011-12-31 | 97.78% | — |
| Q3 2011 | 2011-09-30 | 100.00% | +186.83 pp |
| Q2 2011 | 2011-06-30 | 94.55% | +51.98 pp |
| Q1 2011 | 2011-03-31 | 87.63% | — |
| Q3 2010 | 2010-09-30 | −86.83% | — |
| Q2 2010 | 2010-06-30 | 42.57% | — |
Riot Platforms gross margin trends
Over the last five fiscal years, Riot Platforms's gross margin decreased from 48.26% to 37.93%, a change of −10.33 percentage points. The latest reported quarter, Q2 2026, shows 23.67%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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