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-on-year from $146.1 million in Q1 2024, and up 34.49% quarter-over-quarter from $198.7 million in Q3 2024.

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.

  • Cost of Revenue for Q4 2024 came in at $267.2 million, up 82.92% year-over-year; the trailing twelve-month figure through Dec 2024 was $815.8 million (up 102.49% YoY), and the FY2024 annual result 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.
  • The 5-year median for Cost of Revenue is $40.7 million (2022), against an average of $70.3 million.
  • Across the five-year window, Cost of Revenue soared 48.52% in 2020 and surged 997.22% in 2022, its largest moves.
  • MARA Holdings' Cost of Revenue stood at $3.4 million in 2020, then soared by 138.54% to $8.1 million in 2021, then surged by 439.48% 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.
  • The last three Cost of Revenue figures came in at $267.2 million (Q4 2024), $198.7 million (Q3 2024), and $181.7 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 SOL Strategies 95,219.34 Bn 95,219.34 Bn - -
2 Morgan Stanley 323.01 Bn 189.48 Bn - -
3 Goldman Sachs 303.95 Bn -633.60 Bn - -
4 Schwab Charles 155.80 Bn 110.82 Bn - -
5 Robinhood Markets 77.67 Bn 73.03 Bn 960.00 Mn 107.00 Mn
6 Interactive Brokers 38.08 Bn 48.67 Bn - -
7 LPL Financial Holdings 23.19 Bn 22.17 Bn - -
8 Tradeweb Markets 21.40 Bn 20.15 Bn - -
9 Circle Internet 19.36 Bn 17.84 Bn 35.01 Mn 6.62 Mn
10 MARA Holdings 4.81 Bn 4.37 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 267.19 Mn
Dec 31, 2024 267.19 Mn
Sep 30, 2024 198.66 Mn
Sep 30, 2024 198.66 Mn
Jun 30, 2024 181.70 Mn
Jun 30, 2024 181.70 Mn
Mar 31, 2024 168.21 Mn
Mar 31, 2024 168.21 Mn
Dec 31, 2023 146.07 Mn
Dec 31, 2023 146.07 Mn
Sep 30, 2023 113.18 Mn
Sep 30, 2023 113.18 Mn
Jun 30, 2023 92.50 Mn
Jun 30, 2023 92.50 Mn
Mar 31, 2023 51.11 Mn
Mar 31, 2023 51.11 Mn
Dec 31, 2022 43.56 Mn
Dec 31, 2022 43.56 Mn
Sep 30, 2022 40.07 Mn
Sep 30, 2022 40.07 Mn