Riot Platforms, Inc. (RIOT) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
RIOT Revenue Growth
Revenue Breakdown (FY 2025)
RIOT's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
RIOT Revenue Analysis (2014–2025)
As of May 6, 2026, Riot Platforms, Inc. (RIOT) generated trailing twelve-month (TTM) revenue of $653.3 million, reflecting modest growth of +3.6% year-over-year. The most recent quarter (Q1 2026) recorded $167.2 million in revenue, up 9.4% sequentially.
Looking at the longer-term picture, RIOT's 5-year compound annual growth rate (CAGR) stands at +121.7%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $647.4 million in 2025, representing a new all-time high.
Revenue diversification analysis shows RIOT's business is primarily driven by Bitcoin Mining Segment (86%), and Engineering Segment (14%). With over half of revenue concentrated in Bitcoin Mining Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including MARA, CLSK (+68.0% YoY), and CIFR, RIOT has underperformed the peer group in terms of revenue growth. Compare RIOT vs MARA →
RIOT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| RIOTCurrent | $653M | +3.6% | +121.7% | -61.8% | |
 MARA | $907M | - | - | -90.6% | |
 CLSK | $766M | +68.0% | +138.0% | 41.6% | |
 CIFR | $224M | - | - | -76.7% | |
 IREN | $501M | - | - | 3.5% | |
 HUT | $235M | - | - | -136.9% |
RIOT Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $647.4M | - | $-101,251,000 | -15.6% | $-400,027,000 | -61.8% |
| 2024 | $376.7M | - | $113.9M | 30.2% | $153.6M | 40.8% |
| 2023 | $280.7M | - | $26.3M | 9.4% | $-63,047,000 | -22.5% |
| 2022 | $259.2M | - | $65.5M | 25.3% | $-512,701,000 | -197.8% |
| 2021 | $213.2M | - | $131.2M | 61.5% | $-29,870,000 | -14.0% |
| 2020 | $12.1M | - | $5.8M | 48.3% | $-15,544,000 | -128.7% |
| 2019 | $6.8M | - | $740K | 10.8% | $-9,417,000 | -137.7% |
| 2018 | $7.8M | - | $2.0M | 25.8% | $-59,366,000 | -756.7% |
| 2017 | $270K | - | $244K | 90.7% | $-13,154,482 | -4878.2% |
| 2016 | $106K | - | $103K | 97.1% | $-6,307,133 | -5943.7% |
See RIOT's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs RIOT Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare RIOT vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonRIOT — Frequently Asked Questions
Quick answers to the most common questions about buying RIOT stock.
Is RIOT's revenue growth accelerating or slowing?
RIOT revenue growth slowed to +3.6%, below the 5-year CAGR of +121.7%. TTM revenue is $653M. The deceleration marks a shift from historical growth rates.
What is RIOT's long-term revenue growth rate?
Riot Platforms, Inc.'s 5-year revenue CAGR of +121.7% reflects the variable expansion pattern. Current YoY growth of +3.6% is near this long-term average.
How is RIOT's revenue distributed by segment?
RIOT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.