MARA Holdings (MARA) Enterprise Value (2011 - 2026)

MARA Holdings (MARA) posted Enterprise Value of -$436.9 million for Q1 2026, up 22.9% sequentially from -$566.7 million in Q4 2025, and down 91.6% YoY from -$5.2 billion in Q1 2025.

MARA Holdings (MARA) Enterprise Value (2011 - 2026) Analysis & Trends

MARA Holdings (MARA) has 16 years of Enterprise Value data on file, last reported at -$436.9 million in Q1 2026.

  • Quarterly Enterprise Value fell 91.6% year-over-year to -$436.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$436.9 million (down 91.6% YoY) and the FY2025 annual result came in at -$566.7 million, down 43.89% from the prior year.
  • Enterprise Value grew to -$436.9 million in Q1 2026 per MARA's latest filing, from -$566.7 million in the prior quarter.
  • The five-year high for Enterprise Value was -$86.7 million in Q3 2022, with the low at -$861.4 million in Q3 2025.
  • Average Enterprise Value over 5 years is -$287.9 million, with a median of -$228.0 million recorded in 2025.
  • Year-over-year, Enterprise Value soared 65.0% in 2022 and tumbled 351.59% in 2025.
  • MARA Holdings' Enterprise Value stood at -$106.1 million in 2022, then sank by 236.91% to -$357.3 million in 2023, then slipped by 10.21% to -$393.8 million in 2024, then tumbled by 43.89% to -$566.7 million in 2025, then grew by 22.9% to -$436.9 million in 2026.
  • Business Quant data shows MARA's Enterprise Value at -$436.9 million in Q1 2026, -$566.7 million in Q4 2025, and -$861.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -133.53 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - -937.55 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - -44.98 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -2.16 Bn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn -4.64 Bn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - -1.02 Bn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - -1.25 Bn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn -1.52 Bn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -2.21 Bn
10 MARA Holdings 5.08 Bn 4.65 Bn - -436.91 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -436.91 Mn
Dec 31, 2025 -566.67 Mn
Sep 30, 2025 -861.42 Mn
Jun 30, 2025 -125.96 Mn
Mar 31, 2025 -228.04 Mn
Dec 31, 2024 -393.81 Mn
Sep 30, 2024 -190.75 Mn
Jun 30, 2024 -269.74 Mn
Mar 31, 2024 -365.12 Mn
Dec 31, 2023 -357.31 Mn
Sep 30, 2023 -372.31 Mn
Jun 30, 2023 -121.18 Mn
Mar 31, 2023 -124.73 Mn
Dec 31, 2022 -106.06 Mn
Sep 30, 2022 -86.67 Mn
Jun 30, 2022 -129.17 Mn
Mar 31, 2022 -158.73 Mn
Dec 31, 2021 -303.01 Mn
Sep 30, 2021 -236.11 Mn
Mar 31, 2021 -340.80 Mn