MARA Holdings (MARA) Net Margin (2014 - 2026)
MARA Holdings' (MARA) quarterly Net Margin came in at 348.63% in Q2 2026, down 68753.0% year-over-year from N/an in Q2 2025, and up 51.67% quarter-over-quarter from 721.37% in Q1 2026.
Analysis
MARA Holdings (MARA) Net Margin (2014 - 2026) Analysis & Trends
MARA Holdings has disclosed Net Margin across 13 years of filings, most recently posting 348.63% for Q2 2026.
- In Q2 2026, Net Margin fell 68753.0% year-over-year to 348.63%; the TTM figure through Jun 2026 stood at 429.71% (down 51473.0% YoY), while the FY2025 annual figure was 144.58%, down 22704.0% from the prior year.
- Net Margin came in at 348.63% for Q2 2026 at MARA Holdings, up from 721.37% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 338.9% in Q2 2025 to a low of 1378.04% in Q4 2022.
- Average Net Margin over 5 years is 226.59%, with a median of 63.93% recorded in 2022.
- Year-over-year, Net Margin plunged 140421 bps in 2022 and surged 147489 bps in 2023.
- Over 5 years, Net Margin stood at 1378.04% in 2022, then jumped by 107 bps to 96.85% in 2023, then surged by 155 bps to 246.52% in 2024, then sank by 443 bps to 845.04% in 2025, then jumped by 59 bps to 348.63% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 348.63% in Q2 2026, 721.37% in Q1 2026, and 845.04% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | -179.60% |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | -498.44% |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | -236.35% |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | -136.12% |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | -348.63% |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | -40.33% |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | -213.59% |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | -180.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -348.63% |
| Mar 31, 2026 | -721.37% |
| Dec 31, 2025 | -845.04% |
| Sep 30, 2025 | 48.78% |
| Jun 30, 2025 | 338.90% |
| Mar 31, 2025 | -249.29% |
| Dec 31, 2024 | 246.52% |
| Sep 30, 2024 | -94.79% |
| Jun 30, 2024 | -137.56% |
| Mar 31, 2024 | 204.10% |
| Dec 31, 2023 | 96.85% |
| Sep 30, 2023 | -0.40% |
| Jun 30, 2023 | -13.56% |
| Mar 31, 2023 | 232.14% |
| Dec 31, 2022 | -1,378.04% |
| Sep 30, 2022 | -571.02% |
| Jun 30, 2022 | -853.13% |
| Mar 31, 2022 | -33.08% |
| Dec 31, 2021 | 26.17% |
| Sep 30, 2021 | -42.88% |