As of June 13, 2025, Riot Platforms Inc (RIOT) reports a Gross Margin of 30.24%.
Gross Margin indicates the portion of sales revenue remaining after covering production costs, highlighting operational efficiency.
Historical Trend of Riot Platforms Inc's Gross Margin
Over recent years, Riot Platforms Inc's Gross Margin has shown significant volatility. The table below summarizes the historical values:
| Date | Gross Margin |
|---|---|
| 2024-12-31 | 30.24% |
| 2023-12-31 | 9.39% |
| 2022-12-31 | 25.27% |
| 2021-12-31 | 61.49% |
| 2020-12-31 | 47.93% |
This slight downward trend highlights how Riot Platforms Inc manages its operational efficiency and pricing power over time.
Comparing Riot Platforms Inc's Gross Margin to Peers
To better understand Riot Platforms Inc's position, it's useful to compare its Gross Margin against industry peers. Below are selected comparisons:
| Company | Gross Margin |
|---|---|
| Riot Platforms Inc (RIOT) | 30.24% |
| VirnetX Holding Corp (VHC) | 100.00% |
| Skkynet Cloud Systems Inc (SKKY) | 97.59% |
| Autodesk Inc (ADSK) | 90.57% |
| Adobe Inc (ADBE) | 89.04% |
| Investview Inc (INVU) | 88.44% |
Compared to its competitors, Riot Platforms Inc's Gross Margin is among the lowest compared to peers, suggesting potential challenges in production costs or pricing strategy.