Riot Platforms Operating Expenses Growth & History (RIOT)
Riot Platforms's operating expenses was $1.27B for fiscal 2025.
View full Riot Platforms company overviewRiot Platforms annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.27B | $1.05B | +469.15% |
| 2024 | 2024-12-31 | $223.1M | −$120.7M | −35.10% |
| 2023 | 2023-12-31 | $343.7M | −$428.1M | −55.47% |
| 2022 | 2022-12-31 | $771.9M | $528.8M | +217.50% |
| 2021 | 2021-12-31 | $243.1M | $215.5M | +780.05% |
| 2020 | 2020-12-31 | $27.6M | $11.4M | +69.96% |
| 2019 | 2019-12-31 | $16.3M | −$51.0M | −75.82% |
| 2018 | 2018-12-31 | $67.2M | $53.8M | +400.67% |
| 2017 | 2017-12-31 | $13.4M | $8.1M | +153.81% |
| 2016 | 2016-12-31 | $5.3M | −$3.6M | −40.68% |
| 2015 | 2015-12-31 | $8.9M | −$1.7M | −15.84% |
| 2014 | 2014-12-31 | $10.6M | −$1.6M | −13.32% |
| 2013 | 2013-12-31 | $12.2M | $3.2M | +35.46% |
| 2012 | 2012-12-31 | $9.0M | −$2.2M | −19.73% |
| 2011 | 2011-12-31 | $11.2M | −$2.3M | −16.92% |
| 2010 | 2010-12-31 | $13.5M | −$1.8M | −11.83% |
| 2009 | 2009-12-31 | $15.3M | — | — |
Riot Platforms quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $413.7M | $262.9M | +174.34% |
| Q1 2026 | 2026-03-31 | $667.1M | $271.8M | +68.77% |
| Q4 2025 | 2025-12-31 | $174.4M | — | — |
| Q3 2025 | 2025-09-30 | $100.2M | −$106.1M | −51.44% |
| Q2 2025 | 2025-06-30 | $150.8M | −$36.3M | −19.39% |
| Q1 2025 | 2025-03-31 | $395.3M | — | — |
| Q3 2024 | 2024-09-30 | $206.3M | $71.9M | +53.45% |
| Q2 2024 | 2024-06-30 | $187.1M | $78.1M | +71.74% |
| Q4 2023 | 2023-12-31 | $44.5M | −$178.1M | −80.01% |
| Q3 2023 | 2023-09-30 | $134.4M | $52.3M | +63.61% |
| Q2 2023 | 2023-06-30 | $108.9M | −$317.3M | −74.44% |
| Q1 2023 | 2023-03-31 | $55.9M | $14.9M | +36.49% |
| Q4 2022 | 2022-12-31 | $222.6M | $113.1M | +103.37% |
| Q3 2022 | 2022-09-30 | $82.2M | $6.5M | +8.62% |
| Q2 2022 | 2022-06-30 | $426.2M | $386.4M | +970.87% |
| Q1 2022 | 2022-03-31 | $40.9M | $22.7M | +124.69% |
| Q4 2021 | 2021-12-31 | $109.5M | $107.1M | +4557.53% |
| Q3 2021 | 2021-09-30 | $75.6M | $71.1M | +1555.66% |
| Q2 2021 | 2021-06-30 | $39.8M | $25.9M | +186.07% |
| Q1 2021 | 2021-03-31 | $18.2M | $11.4M | +168.12% |
| Q4 2020 | 2020-12-31 | $2.4M | −$1.8M | −43.18% |
| Q3 2020 | 2020-09-30 | $4.6M | $935,000 | +25.73% |
| Q2 2020 | 2020-06-30 | $13.9M | $10.1M | +262.57% |
| Q1 2020 | 2020-03-31 | $6.8M | $2.1M | +46.20% |
| Q4 2019 | 2019-12-31 | $4.1M | −$7.2M | −63.57% |
| Q3 2019 | 2019-09-30 | $3.6M | −$5.2M | −58.82% |
| Q2 2019 | 2019-06-30 | $3.8M | −$22.8M | −85.61% |
| Q1 2019 | 2019-03-31 | $4.6M | −$15.7M | −77.18% |
| Q4 2018 | 2018-12-31 | $11.4M | $685,005 | +6.42% |
| Q3 2018 | 2018-09-30 | $8.8M | $8.2M | +1335.63% |
| Q2 2018 | 2018-06-30 | $26.7M | $25.6M | +2346.35% |
| Q1 2018 | 2018-03-31 | $20.4M | $19.3M | +1835.16% |
| Q4 2017 | 2017-12-31 | $10.7M | $9.2M | +631.95% |
| Q3 2017 | 2017-09-30 | $614,676 | −$918,428 | −59.91% |
| Q2 2017 | 2017-06-30 | $1.1M | $194,278 | +21.68% |
| Q1 2017 | 2017-03-31 | $1.1M | −$350,367 | −24.98% |
| Q4 2016 | 2016-12-31 | $1.5M | −$1.5M | −51.10% |
| Q3 2016 | 2016-09-30 | $1.5M | −$124,260 | −7.50% |
| Q2 2016 | 2016-06-30 | $895,920 | −$1.1M | −55.97% |
| Q1 2016 | 2016-03-31 | $1.4M | −$840,881 | −37.48% |
| Q4 2015 | 2015-12-31 | $3.0M | $550,240 | +22.64% |
| Q3 2015 | 2015-09-30 | $1.7M | −$935,252 | −36.07% |
| Q2 2015 | 2015-06-30 | $2.0M | −$589,850 | −22.47% |
| Q1 2015 | 2015-03-31 | $2.2M | −$703,147 | −23.86% |
| Q4 2014 | 2014-12-31 | $2.4M | −$668,551 | −21.58% |
| Q3 2014 | 2014-09-30 | $2.6M | −$536,733 | −17.15% |
| Q2 2014 | 2014-06-30 | $2.6M | −$529,986 | −16.80% |
| Q1 2014 | 2014-03-31 | $2.9M | $106,812 | +3.76% |
| Q4 2013 | 2013-12-31 | $3.1M | $643,326 | +26.20% |
| Q3 2013 | 2013-09-30 | $3.1M | $716,991 | +29.72% |
| Q2 2013 | 2013-06-30 | $3.2M | $880,528 | +38.72% |
| Q1 2013 | 2013-03-31 | $2.8M | $958,635 | +50.96% |
| Q4 2012 | 2012-12-31 | $2.5M | −$43,186 | −1.73% |
| Q3 2012 | 2012-09-30 | $2.4M | −$638,616 | −20.93% |
| Q2 2012 | 2012-06-30 | $2.3M | −$542,267 | −19.25% |
| Q1 2012 | 2012-03-31 | $1.9M | −$994,175 | −34.57% |
| Q4 2011 | 2011-12-31 | $2.5M | — | — |
| Q3 2011 | 2011-09-30 | $3.1M | $75,797 | +2.55% |
| Q2 2011 | 2011-06-30 | $2.8M | −$612,550 | −17.86% |
| Q1 2011 | 2011-03-31 | $2.9M | — | — |
| Q3 2010 | 2010-09-30 | $3.0M | — | — |
| Q2 2010 | 2010-06-30 | $3.4M | — | — |
Riot Platforms operating expenses trends
Over the last five fiscal years, Riot Platforms's operating expenses increased from $27.6M to $1.27B, a change of $1.24B. The latest reported quarter, Q2 2026, shows $413.7M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Riot Platforms source filings ↗