MARA Holdings (MARA) Intangibles (2012 - 2026)
MARA Holdings' Intangibles was $2.09 billion in Q2 2026, down 61.1% from $5.36 billion a year earlier and down 13.5% from the prior quarter.
Analysis
MARA Holdings (MARA) Intangibles (2012 - 2026) Analysis & Trends
At the end of FY2025, Intangibles at MARA Holdings came in at $4.71 billion, up 12.3% from FY2024.
- Intangibles has now increased for three consecutive years, with a five-year compound annual growth rate of 442.5% (FY2020 to FY2025).
- In earlier years, Intangibles was $4.2 billion in FY2024 (+556.1%), $639.66 million in FY2023 (+235.4%), $190.72 million in FY2022 and $931,000 in FY2021 (-7.1%).
- The Q2 2026 figure marks the lowest quarterly Intangibles since Q3 2024.
- Compared with a year earlier, Intangibles was higher in five of the last seven quarters, with growth averaging 185.0%.
- The best year-over-year quarter for Intangibles over five years was Q4 2024 (growth of 556.1%); the worst was Q2 2026 (a decline of 61.1%).
- Per Business Quant data, MARA's Intangibles in the three quarters before Q2 2026 was $2.41 billion (Q1 2026), $4.71 billion (Q4 2025) and $6.03 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.67 Bn | 7.89 Bn | - | 178.00 Mn |
| 2 | Block | 46.56 Bn | 17.86 Bn | 3.17 Bn | 1.20 Bn |
| 3 | Coinbase Global | 45.63 Bn | 2.44 Bn | - | 1.47 Bn |
| 4 | Corpay | 26.17 Bn | 16.06 Bn | - | 2.92 Bn |
| 5 | Fiserv | 25.31 Bn | 21.98 Bn | 2.90 Bn | - |
| 6 | Global Payments | 22.57 Bn | 361.32 Mn | 2.03 Bn | 19.41 Bn |
| 7 | Guidewire Software | 14.23 Bn | 10.79 Bn | 269.68 Mn | 16.41 Mn |
| 8 | Bitmine Immersion Technologies | 11.95 Bn | 9.33 Bn | 40.81 Mn | 10.87 Bn |
| 9 | Chime Financial | 11.27 Bn | 7.06 Bn | 594.87 Mn | - |
| 10 | MARA Holdings | 2.88 Bn | 572.29 Mn | - | 2.09 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.09 Bn |
| Mar 31, 2026 | 2.41 Bn |
| Dec 31, 2025 | 4.71 Bn |
| Sep 30, 2025 | 6.03 Bn |
| Jun 30, 2025 | 5.36 Bn |
| Mar 31, 2025 | 3.93 Bn |
| Dec 31, 2024 | 4.20 Bn |
| Sep 30, 2024 | 1.71 Bn |
| Jun 30, 2024 | 1.18 Bn |
| Mar 31, 2024 | 1.23 Bn |
| Dec 31, 2023 | 639.66 Mn |
| Dec 31, 2022 | 190.72 Mn |
| Dec 31, 2021 | 931,000.00 |
| Sep 30, 2021 | 1.90 Mn |
| Jun 30, 2021 | 29.00 Mn |
| Mar 31, 2021 | 984,608.00 |
| Dec 31, 2020 | 1.00 Mn |
| Sep 30, 2020 | 1.02 Mn |
| Jun 30, 2020 | 1.04 Mn |
| Mar 31, 2020 | 1.06 Mn |
API Access
MARA Holdings Intangibles 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=intangibles&ticker=MARA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=MARA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();