MARA Holdings MARA
NASDAQ MARA
$11.98 +0.55 (+4.81%)
At close: Sep 11, 2026 · 4:00 PM EDT

MARA Holdings (MARA) Invested Capital (2011 - 2026)

MARA Holdings' (MARA) quarterly Invested Capital came in at $4.1 billion in Q2 2026, down 44.64% year-over-year from $7.4 billion in Q2 2025, and down 12.21% quarter-over-quarter from $4.7 billion in Q1 2026.

Analysis

MARA Holdings (MARA) Invested Capital (2011 - 2026) Analysis & Trends

MARA Holdings has disclosed Invested Capital across 15 years of filings, most recently posting $4.1 billion for Q2 2026.

  • In Q2 2026, Invested Capital fell 44.64% year-over-year to $4.1 billion; the TTM figure through Jun 2026 stood at $4.1 billion (down 44.64% YoY), while the FY2025 annual figure was $7.1 billion, up 10.88% from the prior year.
  • Invested Capital came in at $4.1 billion for Q2 2026 at MARA Holdings, down from $4.7 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $8.8 billion in Q3 2025 to a low of $658.9 million in Q3 2022.
  • Average Invested Capital over 5 years is $3.7 billion, with a median of $3.0 billion recorded in 2024.
  • Year-over-year, Invested Capital surged 228.73% in 2024 and plunged 44.64% in 2026.
  • Over 5 years, Invested Capital stood at $1.1 billion in 2022, then soared by 73.63% to $1.9 billion in 2023, then surged by 228.73% to $6.4 billion in 2024, then advanced by 10.88% to $7.1 billion in 2025, then slumped by 42.14% to $4.1 billion in 2026.
  • Per Business Quant data, the three most recent Invested Capital figures were $4.1 billion in Q2 2026, $4.7 billion in Q1 2026, and $7.1 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Bitmine Immersion Technologies 57.18 Bn 56.84 Bn 40.81 Mn -
2 Iren 33.35 Bn 25.78 Bn 103.89 Mn 11.95 Bn
3 Hut 8 12.15 Bn 5.67 Bn 48.04 Mn 9.39 Bn
4 Riot Platforms 8.12 Bn 7.57 Bn 84.97 Mn 3.04 Bn
5 Argo Blockchain 6.30 Bn 6.30 Bn - 14.50 Mn
6 MARA Holdings 4.58 Bn 4.22 Bn - 4.09 Bn
7 Cleanspark 3.51 Bn 3.30 Bn - 2.58 Bn
8 Bitdeer Technologies 2.82 Bn 2.36 Bn -8.53 Mn 2.31 Bn
9 Keel Infrastructure 2.20 Bn 2.20 Bn -86.75 Mn 1.36 Bn
10 HIVE Digital Technologies 831.06 Mn 592.03 Mn -29.49 Mn 435.36 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.09 Bn
Mar 31, 2026 4.66 Bn
Dec 31, 2025 7.08 Bn
Sep 30, 2025 8.77 Bn
Jun 30, 2025 7.40 Bn
Mar 31, 2025 6.28 Bn
Dec 31, 2024 6.38 Bn
Sep 30, 2024 3.48 Bn
Jun 30, 2024 2.97 Bn
Mar 31, 2024 2.81 Bn
Dec 31, 2023 1.94 Bn
Sep 30, 2023 1.35 Bn
Jun 30, 2023 1.33 Bn
Dec 31, 2022 1.12 Bn
Sep 30, 2022 658.93 Mn
Jun 30, 2022 727.65 Mn
Mar 31, 2022 1.51 Bn
Dec 31, 2021 1.42 Bn
Mar 31, 2021 683.79 Mn
Dec 31, 2020 311.81 Mn