MARA Holdings (MARA) FCF Margin (2014 - 2026)

MARA Holdings (MARA) posted FCF Margin of 187.28% for Q1 2026, up 2.65% sequentially from 192.38% in Q4 2025, and down 6836.0% YoY from 2.78% in Q1 2025.

MARA Holdings (MARA) FCF Margin (2014 - 2026) Analysis & Trends

MARA Holdings (MARA) has 13 years of FCF Margin data on file, last reported at 187.28% in Q1 2026.

  • Quarterly FCF Margin fell 6836.0% year-over-year to 187.28% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 147.78% (up 607.0% YoY) and the FY2025 annual result came in at 133.37%, up 799.0% from the prior year.
  • FCF Margin improved to 187.28% in Q1 2026 per MARA's latest filing, from 192.38% in the prior quarter.
  • The five-year high for FCF Margin was 58.98% in Q1 2024, with the low at 401.22% in Q4 2022.
  • Average FCF Margin over 5 years is 154.69%, with a median of 118.4% recorded in 2025.
  • Year-over-year, FCF Margin soared 91619 bps in 2022 and sank 17389 bps in 2024.
  • MARA Holdings' FCF Margin stood at 401.22% in 2022, then soared by 85 bps to 59.3% in 2023, then tumbled by 293 bps to 233.19% in 2024, then gained by 18 bps to 192.38% in 2025, then increased by 3 bps to 187.28% in 2026.
  • Business Quant data shows MARA's FCF Margin at 187.28% in Q1 2026, 192.38% in Q4 2025, and 112.47% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - -38.15%
2 Goldman Sachs 309.79 Bn -627.76 Bn - -188.27%
3 Schwab Charles 167.21 Bn 122.24 Bn - 111.11%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 190.16%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 2.52%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 16.77%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 28.16%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -791.16%
10 MARA Holdings 5.08 Bn 4.65 Bn - -187.28%

Historic Data

Download Data
DateValue
Mar 31, 2026 -187.28%
Dec 31, 2025 -192.38%
Sep 30, 2025 -112.47%
Jun 30, 2025 -118.40%
Mar 31, 2025 -118.92%
Dec 31, 2024 -233.19%
Sep 30, 2024 -150.46%
Jun 30, 2024 -91.22%
Mar 31, 2024 -58.98%
Dec 31, 2023 -59.30%
Sep 30, 2023 -85.97%
Jun 30, 2023 -70.27%
Mar 31, 2023 -212.64%
Dec 31, 2022 -401.22%
Sep 30, 2022 -385.71%
Jun 30, 2022 -88.39%
Mar 31, 2022 -63.02%
Dec 31, 2021 -319.15%
Jun 30, 2021 -129.56%
Mar 31, 2021 -311.82%