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 has reported FCF Margin for 13 years, with the latest figure 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.
- Over five years, FCF Margin peaked at 58.98% in Q1 2024 and troughed at 401.22% in Q4 2022.
- A 5-year average of 154.69% and a median of 118.4% in 2025 frame the typical range for FCF Margin.
- The widest YoY moves for FCF Margin: up 230048 bps in 2022, down 37000 bps in 2022.
- Over 5 years, FCF Margin stood at 401.22% in 2022, then surged by 85 bps to 59.3% in 2023, then slumped by 293 bps to 233.19% in 2024, then rose by 18 bps to 192.38% in 2025, then grew by 3 bps to 187.28% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 187.28%, 192.38%, and 112.47% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | -16.70% |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 27.55% |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 58.19% |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 54.13% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 326.90% |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 3.90% |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 67.13% |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 70.91% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | - |
| 10 | MARA Holdings | 4.28 Bn | 3.84 Bn | - | -136.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -136.41% |
| 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 | -2,701.70% |
| Sep 30, 2021 | -15.71% |