stockrowRiot Platforms, Inc.
RIOT Financial Capital Markets
Riot Platforms, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $647.4 million, up 71.9% from fiscal 2024.
- Revenue
- +0.66%
- EPS
- −96.7%
- Free cash flow
- −276.7%
- Total debt
- −29.8%
Quarter to September 2026, against a year earlier
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Riot Platforms, Inc. (RIOT) Gross margin
Riot Platforms, Inc.'s gross margin over the twelve months to 30 September 2026 was 0.00%, down 37.9 percentage points from fiscal 2025 (37.9%). Over the past ten years it has ranged from 9.39% (fiscal 2023) to 100.0% (fiscal 2016); the current reading is higher than 55% of that period. That is below the Capital Markets industry median of 68.2% and below the Financial sector median of 70.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 37.9% | 7.69 |
| FY2024 | 30.2% | 20.85 |
| FY2023 | 9.39% | (15.87) |
| FY2022 | 25.3% | (36.24) |
| FY2021 | 61.5% | 13.24 |
| FY2020 | 48.3% | 37.44 |
| FY2019 | 10.8% | (14.99) |
| FY2018 | 25.8% | (64.85) |
| FY2017 | 90.7% | (9.34) |
| FY2016 | 100.0% | 15.45 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 0.00% | (23.67) |
| Jun 2026 | 23.7% | 4.81 |
| Mar 2026 | 18.9% | (11.93) |
| Dec 2025 | 30.8% | (8.47) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| MC Moelis & Company compare | 100.0% |
| MKTX MarketAxess Holdings Inc. compare | 100.0% |
| MRX Marex Group PLC compare | 100.0% |
| BGC BGC Group, Inc. compare | 97.6% |
| FIGR Figure Technology Solutions, Inc. compare | 87.5% |
| WULF TeraWulf Inc. compare | 69.3% |
| GLXY Galaxy Digital Inc. compare | 0.40% |
| RIOT Riot Platforms, Inc. | 0.00% |
| HUT Hut 8 Corp. compare | 0.00% |
| Capital Markets industry median | 68.2% |
| Financial sector median | 70.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on RIOT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement