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Riot Platforms's gross profit for the
three
months ended in Jun. 2026 was $41.2 Mil. Riot Platforms's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $190.6 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Riot Platforms's gross profit for the
three
months ended in Jun. 2026 was $41.2 Mil. Riot Platforms's Revenue for the
three
months ended in Jun. 2026 was $174.2 Mil. Therefore, Riot Platforms's Gross Margin % for the quarter that ended in Jun. 2026 was 23.67%.
Riot Platforms had a gross margin of 23.67% for the quarter that ended in Jun. 2026 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Riot Platforms was 106.19%. The lowest was 9.39%. And the median was 34.09%.
Warning Sign:
Riot Platforms Inc gross margin has been in long-term decline. The average rate of decline per year is -11.6%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Riot Platforms had a gross margin of 23.67% for the quarter that ended in Jun. 2026 => Competition eroding margins
Riot Platforms Gross Profit Related Terms
Riot Platforms Gross Profit Historical Data
* Premium members only.
The historical data trend for Riot Platforms's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Capital Markets subindustry, Riot Platforms's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Riot Platforms Gross Profit vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Riot Platforms's Gross Profit distribution charts can be found below:
* The bar in red indicates where Riot Platforms's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $190.6 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Riot Platforms (RIOT) has a Gross Profit of $190.6 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Riot Platforms and its competitors.
Is Riot Platforms' Gross Profit too high?
Riot Platforms' current Gross Profit is $190.6 Mil. Overall, Riot Platforms has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riot Platforms' Gross Profit compare to XP and SNEX?
Riot Platforms' Gross Profit of $190.6 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Capital Markets company?
A good Gross Profit depends on the Capital Markets industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Riot Platforms and its competitors. Riot Platforms's current Gross Profit is $190.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riot Platforms stock overvalued right now?
Based on GuruFocus' analysis, Riot Platforms (RIOT) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.38, compared to a current price of $18.92 — trading 31.5% above its estimated fair value. The current Gross Profit is $190.6 Mil. Riot Platforms' overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Riot Platforms (RIOT), the current Gross Profit is $190.6 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Riot Platforms (RIOT) Overvalued in 2026?
Based on GuruFocus' analysis, Riot Platforms stock appears to be overvalued.
The current stock price of $18.92 is trading 31.5% above its estimated GF Value™ of $14.38.
GuruFocus considers Riot Platforms to be Significantly Overvalued.
Key valuation signals for RIOT:
Gross Profit: $190.6 Mil
GF Value™: $14.38 vs. price of $18.92 (31.5% above fair value)
No single metric tells the full story. See the RIOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Riot Platforms Inc is a vertically integrated digital infrastructure company principally engaged in developing and optimizing its large-scale power assets. The Company's business centers on enhancing its electrical infrastructure and deploying it across two complementary platforms: (i) Bitcoin Mining and (ii) scalable data center solutions designed to support non-mining workloads. The company's segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.
74GF Score
Get the complete analysis for RIOT
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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