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

MARA Holdings (MARA) posted Capital Expenditures of $79.5 million for Q1 2026, down 51.65% sequentially from $164.5 million in Q4 2025, and up 104.66% YoY from $38.9 million in Q1 2025.

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

MARA Holdings has reported Capital Expenditures for 15 years, with the latest figure at $79.5 million in Q1 2026.

  • Quarterly Capital Expenditures rose 104.66% year-over-year to $79.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $447.7 million (up 59.57% YoY) and the FY2025 annual result came in at $407.1 million, up 62.29% from the prior year.
  • Capital Expenditures eased to $79.5 million in Q1 2026 per MARA's latest filing, from $164.5 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $186.5 million in Q4 2024 and troughed at $1.8 million in Q4 2023.
  • A 5-year average of $47.4 million and a median of $17.3 million in 2023 frame the typical range for Capital Expenditures.
  • The sharpest annual moves came in 2023 and 2024: Capital Expenditures plunged 91.55% in 2023, then surged 10273.86% in 2024.
  • Over 5 years, Capital Expenditures stood at $21.3 million in 2022, then slumped by 91.55% to $1.8 million in 2023, then soared by 10273.86% to $186.5 million in 2024, then slipped by 11.82% to $164.5 million in 2025, then slumped by 51.65% to $79.5 million in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $79.5 million, $164.5 million, and $84.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 819.00 Mn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 502.00 Mn
3 Schwab Charles 220.55 Bn 135.80 Bn - 140.00 Mn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 12.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 949.16 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 26.00 Mn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 199.45 Mn
10 MARA Holdings 4.48 Bn 3.98 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