MARA Holdings (MARA) EBITDA (2013 - 2026)
MARA Holdings' EBITDA was -$346.41 million in Q2 2026, compared with $841.52 million a year earlier.
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Analysis
MARA Holdings (MARA) EBITDA (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, MARA Holdings' EBITDA was -$2.13 billion through Jun 30, 2026; for FY2025, it was -$451.48 million.
- In earlier years, EBITDA was $758.22 million in FY2024 (+86.5%), $406.45 million in FY2023, -$594.83 million in FY2022 and $11.99 million in FY2021.
- Quarterly EBITDA has moved between -$1.12 billion (Q4 2025) and $841.52 million (Q2 2025) over five years.
- Per Business Quant data, MARA's EBITDA in the three quarters before Q2 2026 was -$869.94 million (Q1 2026), -$1.12 billion (Q4 2025) and $214.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.67 Bn | 7.89 Bn | - | 1.67 Bn |
| 2 | Block | 46.56 Bn | 17.86 Bn | 3.17 Bn | 541.92 Mn |
| 3 | Coinbase Global | 45.63 Bn | 2.44 Bn | - | -66.41 Mn |
| 4 | Corpay | 26.17 Bn | 16.06 Bn | - | 594.13 Mn |
| 5 | Fiserv | 25.31 Bn | 21.98 Bn | 2.90 Bn | 1.89 Bn |
| 6 | Global Payments | 22.57 Bn | 361.32 Mn | 2.03 Bn | 1.25 Bn |
| 7 | Guidewire Software | 14.23 Bn | 10.79 Bn | 269.68 Mn | 78.84 Mn |
| 8 | Bitmine Immersion Technologies | 11.95 Bn | 9.33 Bn | 40.81 Mn | -11.48 Mn |
| 9 | Chime Financial | 11.27 Bn | 7.06 Bn | 594.87 Mn | 28.91 Mn |
| 10 | MARA Holdings | 2.88 Bn | 572.29 Mn | - | -346.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -346.41 Mn |
| Mar 31, 2026 | -869.94 Mn |
| Dec 31, 2025 | -1.12 Bn |
| Sep 30, 2025 | 214.90 Mn |
| Jun 30, 2025 | 841.52 Mn |
| Mar 31, 2025 | -383.17 Mn |
| Dec 31, 2024 | 482.16 Mn |
| Sep 30, 2024 | -70.94 Mn |
| Jun 30, 2024 | -104.99 Mn |
| Mar 31, 2024 | 454.70 Mn |
| Dec 31, 2023 | 262.43 Mn |
| Sep 30, 2023 | -25.77 Mn |
| Jun 30, 2023 | 32.18 Mn |
| Mar 31, 2023 | 140.78 Mn |
| Dec 31, 2022 | 14.41 Mn |
| Sep 30, 2022 | -16.72 Mn |
| Jun 30, 2022 | -172.47 Mn |
| Mar 31, 2022 | -5.37 Mn |
| Dec 31, 2021 | 51.86 Mn |
| Sep 30, 2021 | -18.10 Mn |
API Access
MARA Holdings EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=MARA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "MARA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=MARA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();