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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |