MARA Holdings (MARA) EBITDA Margin (2014 - 2026)
MARA Holdings' EBITDA Margin came in at -198.08% for Q2 2026, down 550.94 percentage points from 352.86% a year earlier but up 300.13 percentage points from the prior quarter.
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Analysis
MARA Holdings (MARA) EBITDA Margin (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, MARA Holdings reported EBITDA Margin of -264.38%, down 373.06 percentage points year-over-year; for FY2025, it came in at -49.77%, down 165.29 percentage points from FY2024.
- EBITDA Margin carries a five-year change of +103.61 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 115.51% in FY2024 (+10.63 pp), 104.89% in FY2023 (+610.04 pp), -505.15% in FY2022 (-512.69 pp) and 7.53% in FY2021 (+160.91 pp).
- The five-year range for quarterly EBITDA Margin is -695.91% (Q2 2022) to 352.86% (Q2 2025).
- Year-over-year, EBITDA Margin has declined for three consecutive quarters, with an average year-over-year change of -188.67 percentage points over the last eight quarters.
- The fastest year-over-year change in EBITDA Margin over five years came in Q2 2023 (a gain of 734.08 percentage points), and the weakest in Q4 2025 (a drop of 780.23 percentage points).
- Business Quant data shows MARA's EBITDA Margin at -498.21% (Q1 2026), -555.94% (Q4 2025) and 85.14% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.67 Bn | 7.89 Bn | - | 19.27% |
| 2 | Block | 46.56 Bn | 17.86 Bn | 3.17 Bn | 8.19% |
| 3 | Coinbase Global | 45.63 Bn | 2.44 Bn | - | -5.44% |
| 4 | Corpay | 26.17 Bn | 16.06 Bn | - | 44.38% |
| 5 | Fiserv | 25.31 Bn | 21.98 Bn | 2.90 Bn | 35.62% |
| 6 | Global Payments | 22.57 Bn | 361.32 Mn | 2.03 Bn | 37.59% |
| 7 | Guidewire Software | 14.23 Bn | 10.79 Bn | 269.68 Mn | 19.18% |
| 8 | Bitmine Immersion Technologies | 11.95 Bn | 9.33 Bn | 40.81 Mn | -24.67% |
| 9 | Chime Financial | 11.27 Bn | 7.06 Bn | 594.87 Mn | 4.32% |
| 10 | MARA Holdings | 2.88 Bn | 572.29 Mn | - | -198.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -198.08% |
| Mar 31, 2026 | -498.21% |
| Dec 31, 2025 | -555.94% |
| Sep 30, 2025 | 85.14% |
| Jun 30, 2025 | 352.86% |
| Mar 31, 2025 | -179.15% |
| Dec 31, 2024 | 224.89% |
| Sep 30, 2024 | -53.89% |
| Jun 30, 2024 | -72.34% |
| Mar 31, 2024 | 275.25% |
| Dec 31, 2023 | 167.40% |
| Sep 30, 2023 | -26.34% |
| Jun 30, 2023 | 39.36% |
| Mar 31, 2023 | 275.33% |
| Dec 31, 2022 | 50.69% |
| Sep 30, 2022 | -131.73% |
| Jun 30, 2022 | -692.01% |
| Mar 31, 2022 | -10.38% |
| Dec 31, 2021 | 75.17% |
| Sep 30, 2021 | -35.00% |
API Access
MARA Holdings EBITDA Margin 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-margin&ticker=MARA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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-margin&ticker=MARA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();