MARA Holdings (MARA) EBITDA Margin (2014 - 2026)
MARA Holdings' (MARA) quarterly EBITDA Margin came in at 201.32% in Q2 2026, down 55299.0% year-over-year from N/an in Q2 2025, and up 59.82% quarter-over-quarter from 501.05% in Q1 2026.
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MARA Holdings (MARA) EBITDA Margin (2014 - 2026) Analysis & Trends
MARA Holdings has disclosed EBITDA Margin across 13 years of filings, most recently posting 201.32% for Q2 2026.
- In Q2 2026, EBITDA Margin fell 55299.0% year-over-year to 201.32%; the TTM figure through Jun 2026 stood at 266.77% (down 37438.0% YoY), while the FY2025 annual figure was 51.38%, down 15952.0% from the prior year.
- EBITDA Margin came in at 201.32% for Q2 2026 at MARA Holdings, up from 501.05% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 351.67% in Q2 2025 to a low of 695.91% in Q2 2022.
- Average EBITDA Margin over 5 years is 56.6%, with a median of 19.75% recorded in 2023.
- Year-over-year, EBITDA Margin jumped 73411 bps in 2023 and slumped 78124 bps in 2025.
- Over 5 years, EBITDA Margin stood at 47.18% in 2022, then jumped by 246 bps to 163.28% in 2023, then soared by 37 bps to 222.87% in 2024, then plunged by 351 bps to 558.37% in 2025, then surged by 64 bps to 201.32% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 201.32% in Q2 2026, 501.05% in Q1 2026, and 558.37% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | -25.50% |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | -452.09% |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | -275.36% |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | -81.98% |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | -201.32% |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 13.60% |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | -462.62% |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 6.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -201.32% |
| Mar 31, 2026 | -501.05% |
| Dec 31, 2025 | -558.37% |
| Sep 30, 2025 | 83.67% |
| Jun 30, 2025 | 351.67% |
| Mar 31, 2025 | -180.59% |
| Dec 31, 2024 | 222.87% |
| Sep 30, 2024 | -54.03% |
| Jun 30, 2024 | -99.63% |
| Mar 31, 2024 | 271.01% |
| Dec 31, 2023 | 163.28% |
| Sep 30, 2023 | -27.25% |
| Jun 30, 2023 | 38.20% |
| Mar 31, 2023 | 273.36% |
| Dec 31, 2022 | 47.18% |
| Sep 30, 2022 | -139.72% |
| Jun 30, 2022 | -695.91% |
| Mar 31, 2022 | -12.26% |
| Dec 31, 2021 | 62.92% |
| Sep 30, 2021 | -35.08% |