MARA Holdings (MARA) Gross Margin (2014 - 2024)
MARA Holdings (MARA) recorded Gross Margin of -24.62% in Q4 2024, down 31.45 percentage points from 6.83% a year earlier but up 26.28 percentage points from the prior quarter.
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Analysis
MARA Holdings (MARA) Gross Margin (2014 - 2024) Analysis & Trends
For FY2024, MARA Holdings reported Gross Margin of -24.28%, down 20.32 percentage points from FY2023.
- Annual Gross Margin has a five-year change of +85.15 percentage points (FY2019 to FY2024).
- Across earlier years, Gross Margin came in at -3.96% in FY2023 (+24.64 pp), -28.59% in FY2022 (-101.96 pp), 73.36% in FY2021 (+132.07 pp) and -58.71% in FY2020 (+50.72 pp).
- Quarterly Gross Margin has ranged from -215.74% in Q3 2022 to 80.15% in Q3 2021 over the past five years.
- On a year-over-year basis, Gross Margin has declined for four consecutive quarters, with an average year-over-year change of +22.96 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 234.91 percentage points in Q2 2021, against a drop of 295.90 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -50.91% (Q3 2024), -25.19% (Q2 2024) and -1.82% (Q1 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn | 48.15% |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - | - |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - | - |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn | 53.06% |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - | - |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn | 60.78% |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn | 65.60% |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn | 42.52% |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn | 89.98% |
| 10 | MARA Holdings | 2.43 Bn | 125.78 Mn | - | - |
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 | 67.04% |
| 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% |
API Access
MARA Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MARA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MARA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MARA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();