MARA Holdings (MARA) EBT (2011 - 2026)

MARA Holdings (MARA) posted EBT of -$1.3 billion for Q1 2026, up 31.68% sequentially from -$1.9 billion in Q4 2025, and down 98.18% YoY from -$70.9 billion in Q1 2025.

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

MARA Holdings (MARA) has 16 years of EBT data on file, last reported at -$1.3 billion in Q1 2026.

  • Quarterly EBT fell 98.18% year-over-year to -$1.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.0 billion (down 388.4% YoY) and the FY2025 annual result came in at -$1.4 billion, down 321.94% from the prior year.
  • EBT improved to -$1.3 billion in Q1 2026 per MARA's latest filing, from -$1.9 billion in the prior quarter.
  • The five-year high for EBT was $1.0 billion in Q2 2025, with the low at -$1.9 billion in Q4 2025.
  • Average EBT over 5 years is -$146.2 million, with a median of -$22.8 million recorded in 2022.
  • Year-over-year, EBT soared 621.33% in 2023 and slumped 54773.82% in 2024.
  • MARA Holdings' 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 plunged by 392.81% to -$1.9 billion in 2025, then surged by 31.68% to -$1.3 billion in 2026.
  • Business Quant data shows MARA's EBT at -$1.3 billion in Q1 2026, -$1.9 billion in Q4 2025, and $160.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 7.01 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 6.49 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 3.19 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 514.30 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 411.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 484.58 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 302.92 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 56.69 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -254.09 Mn
10 MARA Holdings 5.08 Bn 4.65 Bn - -1.29 Bn

Historic Data

Download Data
DateValue
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 773,000.00
Jun 30, 2021 -1.94 Mn