MARA Holdings (MARA) Gross Margin (2014 - 2024)
MARA Holdings' (MARA) quarterly Gross Margin came in at 24.62% in Q4 2024, down 3145.0% year-over-year from 0.81% in Q1 2024, and up 51.63% quarter-over-quarter from 50.91% in Q3 2024.
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MARA Holdings (MARA) Gross Margin (2014 - 2024) Analysis & Trends
MARA Holdings has disclosed Gross Margin across 11 years of filings, most recently posting 24.62% for Q4 2024.
- In Q4 2024, Gross Margin fell 3145.0% year-over-year to 24.62%; the TTM figure through Dec 2024 stood at 24.28% (down 2032.0% YoY), while the FY2024 annual figure was 24.28%, down 2032.0% from the prior year.
- Gross Margin came in at 24.62% for Q4 2024 at MARA Holdings, up from 50.91% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 80.15% in Q3 2021 to a low of 215.74% in Q3 2022.
- Average Gross Margin over 5 years is 24.52%, with a median of 20.14% recorded in 2023.
- Year-over-year, Gross Margin surged 23491 bps in 2021 and sank 29590 bps in 2022.
- Over 5 years, Gross Margin stood at 28.07% in 2020, then surged by 341 bps to 67.66% in 2021, then sank by 179 bps to 53.3% in 2022, then soared by 113 bps to 6.83% in 2023, then plunged by 461 bps to 24.62% in 2024.
- Per Business Quant data, the three most recent Gross Margin figures were 24.62% in Q4 2024, 50.91% in Q3 2024, and 25.19% in Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | 87.70% |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 75.71% |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 64.11% |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 48.77% |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | - |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | -3.73% |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | -285.09% |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | -37.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -24.62% |
| Sep 30, 2024 | -50.91% |
| Jun 30, 2024 | -25.19% |
| Mar 31, 2024 | -1.82% |
| Dec 31, 2023 | 6.83% |
| Sep 30, 2023 | -15.66% |
| Jun 30, 2023 | -13.13% |
| Mar 31, 2023 | 0.04% |
| Dec 31, 2022 | -53.30% |
| Sep 30, 2022 | -215.74% |
| Jun 30, 2022 | -66.10% |
| Mar 31, 2022 | 48.96% |
| Dec 31, 2021 | 67.66% |
| Sep 30, 2021 | 80.15% |
| Jun 30, 2021 | 76.15% |
| Mar 31, 2021 | 73.71% |
| Dec 31, 2020 | -28.07% |
| Sep 30, 2020 | -95.89% |
| Jun 30, 2020 | -158.76% |
| Mar 31, 2020 | -94.64% |