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

MARA Holdings (MARA) has 14 years of Capital Expenditures data on file, last reported 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.
  • The five-year high for Capital Expenditures was $186.5 million in Q4 2024, with the low at $1.8 million in Q4 2023.
  • Average Capital Expenditures over 5 years is $47.4 million, with a median of $17.3 million recorded in 2023.
  • Year-over-year, Capital Expenditures slumped 91.55% in 2023 and jumped 10273.86% in 2024.
  • MARA Holdings' Capital Expenditures stood at $21.3 million in 2022, then tumbled by 91.55% to $1.8 million in 2023, then jumped by 10273.86% to $186.5 million in 2024, then dropped by 11.82% to $164.5 million in 2025, then tumbled by 51.65% to $79.5 million in 2026.
  • Business Quant data shows MARA's Capital Expenditures at $79.5 million in Q1 2026, $164.5 million in Q4 2025, and $84.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 754.00 Mn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 565.00 Mn
3 Schwab Charles 167.21 Bn 122.24 Bn - 140.00 Mn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 9.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 165.76 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 254,000.00
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 9.36 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 1.22 Bn
10 MARA Holdings 5.08 Bn 4.65 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