MARA Holdings (MARA) Capital Expenditures (2013 - 2026)

MARA Holdings' (MARA) quarterly Capital Expenditures came in at $79.5 million in Q1 2026, up 104.66% year-on-year from $38.9 million in Q1 2025, and down 51.65% quarter-over-quarter from $164.5 million in Q4 2025.

MARA Holdings (MARA) Capital Expenditures (2013 - 2026) Analysis & Trends

MARA Holdings has disclosed Capital Expenditures across 14 years of filings, most recently posting $79.5 million for Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $79.5 million, up 104.66% year-over-year; the trailing twelve-month figure through Mar 2026 was $447.7 million (up 59.57% YoY), and the FY2025 annual result was $407.1 million, up 62.29% from the prior year.
  • Capital Expenditures came in at $79.5 million for Q1 2026 at MARA Holdings, down from $164.5 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $186.5 million in Q4 2024 to a low of $1.8 million in Q4 2023.
  • The 5-year median for Capital Expenditures is $17.3 million (2023), against an average of $47.4 million.
  • Across the five-year window, Capital Expenditures plunged 91.55% in 2023 and soared 10273.86% in 2024, its largest moves.
  • MARA Holdings' Capital Expenditures stood at $21.3 million in 2022, then slumped by 91.55% to $1.8 million in 2023, then jumped by 10273.86% to $186.5 million in 2024, then retreated by 11.82% to $164.5 million in 2025, then slumped by 51.65% to $79.5 million in 2026.
  • The last three Capital Expenditures figures came in at $79.5 million (Q1 2026), $164.5 million (Q4 2025), and $84.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 754.00 Mn
3 Goldman Sachs 317.73 Bn -619.82 Bn - 565.00 Mn
4 Schwab Charles 153.74 Bn 108.77 Bn - 140.00 Mn
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 9.00 Mn
6 Interactive Brokers 38.91 Bn 49.50 Bn - 26.00 Mn
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 165.76 Mn
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 254,000.00
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 9.36 Mn
10 MARA Holdings 5.24 Bn 4.80 Bn - 79.52 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 79.52 Mn
Mar 31, 2026 79.52 Mn
Dec 31, 2025 164.47 Mn
Dec 31, 2025 164.47 Mn
Sep 30, 2025 84.83 Mn
Sep 30, 2025 84.83 Mn
Jun 30, 2025 118.92 Mn
Jun 30, 2025 118.92 Mn
Mar 31, 2025 38.86 Mn
Mar 31, 2025 38.86 Mn
Dec 31, 2024 186.52 Mn
Dec 31, 2024 186.52 Mn
Sep 30, 2024 37.99 Mn
Sep 30, 2024 37.99 Mn
Jun 30, 2024 17.22 Mn
Jun 30, 2024 17.22 Mn
Mar 31, 2024 9.09 Mn
Mar 31, 2024 9.09 Mn
Dec 31, 2023 1.80 Mn
Dec 31, 2023 1.80 Mn