MARA Holdings (MARA) Gross Profit (2014 - 2024)
MARA Holdings' (MARA) quarterly Gross Profit came in at -$52.8 million in Q4 2024, down 593.39% year-over-year from $10.7 million in Q1 2024, and up 21.22% quarter-over-quarter from -$67.0 million in Q3 2024.
Analysis
MARA Holdings (MARA) Gross Profit (2014 - 2024) Analysis & Trends
MARA Holdings has disclosed Gross Profit across 11 years of filings, most recently posting -$52.8 million for Q4 2024.
- In Q4 2024, Gross Profit fell 593.39% year-over-year to -$52.8 million; the TTM figure through Dec 2024 stood at -$159.4 million (down 938.73% YoY), while the FY2024 annual figure was -$159.4 million, down 938.73% from the prior year.
- Gross Profit came in at -$52.8 million for Q4 2024 at MARA Holdings, up from -$67.0 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $46.2 million in Q4 2021 to a low of -$67.0 million in Q3 2024.
- Average Gross Profit over 5 years is -$4.7 million, with a median of -$771462.0 recorded in 2020.
- Year-over-year, Gross Profit jumped 6332.5% in 2021 and sank 13772.73% in 2024.
- Over 5 years, Gross Profit stood at -$742062.0 in 2020, then jumped by 6332.5% to $46.2 million in 2021, then slumped by 132.75% to -$15.1 million in 2022, then surged by 170.65% to $10.7 million in 2023, then slumped by 593.39% to -$52.8 million in 2024.
- Per Business Quant data, the three most recent Gross Profit figures were -$52.8 million in Q4 2024, -$67.0 million in Q3 2024, and -$36.6 million in Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.87 Bn | 56.53 Bn | 40.81 Mn |
| 2 | Iren | 34.00 Bn | 26.43 Bn | 103.89 Mn |
| 3 | Hut 8 | 11.52 Bn | 5.04 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.24 Bn | 7.69 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 6.43 Bn | 6.43 Bn | - |
| 6 | MARA Holdings | 4.32 Bn | 3.96 Bn | - |
| 7 | Cleanspark | 3.26 Bn | 3.05 Bn | - |
| 8 | Bitdeer Technologies | 2.92 Bn | 2.46 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.14 Bn | 2.13 Bn | -86.75 Mn |
| 10 | HIVE Digital Technologies | 853.00 Mn | 613.97 Mn | -29.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -52.79 Mn |
| Sep 30, 2024 | -67.02 Mn |
| Jun 30, 2024 | -36.56 Mn |
| Mar 31, 2024 | -3.01 Mn |
| Dec 31, 2023 | 10.70 Mn |
| Sep 30, 2023 | -15.33 Mn |
| Jun 30, 2023 | -10.74 Mn |
| Mar 31, 2023 | 22,000.00 |
| Dec 31, 2022 | -15.15 Mn |
| Sep 30, 2022 | -27.38 Mn |
| Jun 30, 2022 | -16.47 Mn |
| Mar 31, 2022 | 25.32 Mn |
| Dec 31, 2021 | 46.25 Mn |
| Sep 30, 2021 | 41.44 Mn |
| Jun 30, 2021 | 22.33 Mn |
| Mar 31, 2021 | 6.75 Mn |
| Dec 31, 2020 | -742,062.00 |
| Sep 30, 2020 | -800,862.00 |
| Jun 30, 2020 | -454,322.00 |
| Mar 31, 2020 | -560,754.00 |