MARA Holdings MARA
NASDAQ MARA
$11.98 +0.55 (+4.81%)
At close: Sep 11, 2026 · 4:00 PM EDT

MARA Holdings (MARA) EBT (2011 - 2026)

MARA Holdings' (MARA) quarterly EBT came in at -$610.7 million in Q2 2026, down 160.07% year-over-year from $1.0 billion in Q2 2025, and up 52.78% quarter-over-quarter from -$1.3 billion in Q1 2026.

Analysis

MARA Holdings (MARA) EBT (2011 - 2026) Analysis & Trends

MARA Holdings has disclosed EBT across 16 years of filings, most recently posting -$610.7 million for Q2 2026.

  • In Q2 2026, EBT fell 160.07% year-over-year to -$610.7 million; the TTM figure through Jun 2026 stood at -$3.6 billion (down 534.62% YoY), while the FY2025 annual figure was -$1.4 billion, down 321.94% from the prior year.
  • EBT came in at -$610.7 million for Q2 2026 at MARA Holdings, up from -$1.3 billion in the prior quarter.
  • In the past five years, EBT ranged from a high of $1.0 billion in Q2 2025 to a low of -$1.9 billion in Q4 2025.
  • Average EBT over 5 years is -$172.0 million, with a median of -$50.7 million recorded in 2022.
  • Year-over-year, EBT soared 621.33% in 2023 and tumbled 54773.82% in 2024.
  • Over 5 years, EBT stood at -$414.9 million in 2022, then jumped by 140.47% to $167.9 million in 2023, then soared by 285.08% to $646.5 million in 2024, then sank by 392.81% to -$1.9 billion in 2025, then jumped by 67.74% to -$610.7 million in 2026.
  • Per Business Quant data, the three most recent EBT figures were -$610.7 million in Q2 2026, -$1.3 billion in Q1 2026, and -$1.9 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Bitmine Immersion Technologies 57.18 Bn 56.84 Bn 40.81 Mn -83.60 Mn
2 Iren 33.35 Bn 25.78 Bn 103.89 Mn -691.99 Mn
3 Hut 8 12.15 Bn 5.67 Bn 48.04 Mn -208.60 Mn
4 Riot Platforms 8.12 Bn 7.57 Bn 84.97 Mn -237.28 Mn
5 Argo Blockchain 6.30 Bn 6.30 Bn - -
6 MARA Holdings 4.58 Bn 4.22 Bn - -610.74 Mn
7 Cleanspark 3.51 Bn 3.30 Bn - -242.81 Mn
8 Bitdeer Technologies 2.82 Bn 2.36 Bn -8.53 Mn -102.36 Mn
9 Keel Infrastructure 2.20 Bn 2.20 Bn -86.75 Mn -63.93 Mn
10 HIVE Digital Technologies 831.06 Mn 592.03 Mn -29.49 Mn -141.33 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -610.74 Mn
Mar 31, 2026 -1.29 Bn
Dec 31, 2025 -1.89 Bn
Sep 30, 2025 160.81 Mn
Jun 30, 2025 1.02 Bn
Mar 31, 2025 -652.62 Mn
Dec 31, 2024 646.55 Mn
Sep 30, 2024 -173.95 Mn
Jun 30, 2024 -231.32 Mn
Mar 31, 2024 375.22 Mn
Dec 31, 2023 167.90 Mn
Sep 30, 2023 -317,000.00
Jun 30, 2023 -8.76 Mn
Mar 31, 2023 118.77 Mn
Dec 31, 2022 -414.93 Mn
Sep 30, 2022 -78.55 Mn
Jun 30, 2022 -201.76 Mn
Mar 31, 2022 -22.78 Mn
Dec 31, 2021 34.53 Mn
Sep 30, 2021 -22.18 Mn