MARA Holdings (MARA) Cost of Revenue (2014 - 2024)
MARA Holdings' (MARA) quarterly Cost of Revenue came in at $267.2 million in Q4 2024, up 82.92% year-over-year from $146.1 million in Q1 2024, and up 34.49% quarter-over-quarter from $198.7 million in Q3 2024.
Analysis
MARA Holdings (MARA) Cost of Revenue (2014 - 2024) Analysis & Trends
MARA Holdings has disclosed Cost of Revenue across 11 years of filings, most recently posting $267.2 million for Q4 2024.
- In Q4 2024, Cost of Revenue rose 82.92% year-over-year to $267.2 million; the TTM figure through Dec 2024 stood at $815.8 million (up 102.49% YoY), while the FY2024 annual figure was $815.8 million, up 102.49% from the prior year.
- Cost of Revenue came in at $267.2 million for Q4 2024 at MARA Holdings, up from $198.7 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $267.2 million in Q4 2024 to a low of $740483.0 in Q2 2020.
- Average Cost of Revenue over 5 years is $70.9 million, with a median of $40.7 million recorded in 2022.
- Year-over-year, Cost of Revenue jumped 48.52% in 2020 and soared 997.03% in 2022.
- Over 5 years, Cost of Revenue stood at $3.4 million in 2020, then surged by 553.07% to $22.1 million in 2021, then surged by 97.05% to $43.6 million in 2022, then soared by 235.3% to $146.1 million in 2023, then soared by 82.92% to $267.2 million in 2024.
- Per Business Quant data, the three most recent Cost of Revenue figures were $267.2 million in Q4 2024, $198.7 million in Q3 2024, and $181.7 million in Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | 5.73 Mn |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 33.34 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 26.89 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 89.26 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | - |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | 85.48 Mn |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 237.31 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 117.18 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 108.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 267.19 Mn |
| Sep 30, 2024 | 198.66 Mn |
| Jun 30, 2024 | 181.70 Mn |
| Mar 31, 2024 | 168.21 Mn |
| Dec 31, 2023 | 146.07 Mn |
| Sep 30, 2023 | 113.18 Mn |
| Jun 30, 2023 | 92.50 Mn |
| Mar 31, 2023 | 51.11 Mn |
| Dec 31, 2022 | 43.56 Mn |
| Sep 30, 2022 | 40.07 Mn |
| Jun 30, 2022 | 41.40 Mn |
| Mar 31, 2022 | 26.40 Mn |
| Dec 31, 2021 | 22.11 Mn |
| Sep 30, 2021 | 10.26 Mn |
| Jun 30, 2021 | 6.99 Mn |
| Mar 31, 2021 | 2.41 Mn |
| Dec 31, 2020 | 3.39 Mn |
| Sep 30, 2020 | 1.64 Mn |
| Jun 30, 2020 | 740,483.00 |
| Mar 31, 2020 | 1.15 Mn |