MARA Holdings MARA
NASDAQ MARA
$11.98 +0.55 (+4.81%)
At close: Sep 11, 2026 · 4:00 PM EDT

MARA Holdings (MARA) Capital Expenditures (2012 - 2026)

MARA Holdings' (MARA) quarterly Capital Expenditures came in at $14.8 million in Q2 2026, down 87.57% year-over-year from $118.9 million in Q2 2025, and down 81.41% quarter-over-quarter from $79.5 million in Q1 2026.

Analysis

MARA Holdings (MARA) Capital Expenditures (2012 - 2026) Analysis & Trends

MARA Holdings has disclosed Capital Expenditures across 15 years of filings, most recently posting $14.8 million for Q2 2026.

  • In Q2 2026, Capital Expenditures fell 87.57% year-over-year to $14.8 million; the TTM figure through Jun 2026 stood at $343.6 million (down 10.12% YoY), while the FY2025 annual figure was $407.1 million, up 62.29% from the prior year.
  • Capital Expenditures came in at $14.8 million for Q2 2026 at MARA Holdings, down from $79.5 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.
  • Average Capital Expenditures over 5 years is $45.6 million, with a median of $17.2 million recorded in 2023.
  • Year-over-year, Capital Expenditures tumbled 91.55% in 2023 and jumped 10273.86% in 2024.
  • Over 5 years, Capital Expenditures stood at $21.3 million in 2022, then plunged 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 91.01% to $14.8 million in 2026.
  • Per Business Quant data, the three most recent Capital Expenditures figures were $14.8 million in Q2 2026, $79.5 million in Q1 2026, and $164.5 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Bitmine Immersion Technologies 57.18 Bn 56.84 Bn 40.81 Mn 2.15 Bn
2 Iren 33.35 Bn 25.78 Bn 103.89 Mn 1.33 Bn
3 Hut 8 12.15 Bn 5.67 Bn 48.04 Mn 4.00 Mn
4 Riot Platforms 8.12 Bn 7.57 Bn 84.97 Mn 60.73 Mn
5 Argo Blockchain 6.30 Bn 6.30 Bn - -
6 MARA Holdings 4.58 Bn 4.22 Bn - 14.78 Mn
7 Cleanspark 3.51 Bn 3.30 Bn - 6.10 Mn
8 Bitdeer Technologies 2.82 Bn 2.36 Bn -8.53 Mn -265.99 Mn
9 Keel Infrastructure 2.20 Bn 2.20 Bn -86.75 Mn 43.09 Mn
10 HIVE Digital Technologies 831.06 Mn 592.03 Mn -29.49 Mn 14.75 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 14.78 Mn
Mar 31, 2026 79.52 Mn
Dec 31, 2025 164.47 Mn
Sep 30, 2025 84.83 Mn
Jun 30, 2025 118.92 Mn
Mar 31, 2025 38.86 Mn
Dec 31, 2024 186.52 Mn
Sep 30, 2024 37.99 Mn
Jun 30, 2024 17.22 Mn
Mar 31, 2024 9.09 Mn
Dec 31, 2023 1.80 Mn
Sep 30, 2023 2.50 Mn
Jun 30, 2023 6.05 Mn
Mar 31, 2023 17.27 Mn
Dec 31, 2022 21.28 Mn
Sep 30, 2022 6.08 Mn
Jun 30, 2022 7.22 Mn
Mar 31, 2022 6.53 Mn
Dec 31, 2021 243.11 Mn
Sep 30, 2021 -35.83 Mn