MARA Holdings (MARA) Net Margin (2014 - 2026)
MARA Holdings' Net Margin was -348.63% in Q2 2026, down 687.53 percentage points from 338.90% a year earlier but up 372.74 percentage points from the prior quarter.
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Analysis
MARA Holdings (MARA) Net Margin (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, MARA Holdings' Net Margin was -429.71% through Jun 30, 2026, down 514.73 percentage points year-over-year; for FY2025, it was -144.58%, down 227.04 percentage points from FY2024.
- Net Margin shows a five-year change of +95.22 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 82.46% in FY2024 (+15.61 pp), 66.85% in FY2023 (+656.24 pp), -589.39% in FY2022 (-570.66 pp) and -18.73% in FY2021 (+221.07 pp).
- Quarterly Net Margin has moved between -1378.04% (Q4 2022) and 338.90% (Q2 2025) over five years.
- Compared with a year earlier, Net Margin has declined for three straight quarters, with an average year-over-year change of -253.66 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q4 2023 (a gain of 1474.89 percentage points); the worst was Q4 2022 (a drop of 1403.97 percentage points).
- Per Business Quant data, MARA's Net Margin in the three quarters before Q2 2026 was -721.37% (Q1 2026), -845.04% (Q4 2025) and 48.78% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.67 Bn | 7.89 Bn | - | 12.72% |
| 2 | Block | 46.56 Bn | 17.86 Bn | 3.17 Bn | 1.34% |
| 3 | Coinbase Global | 45.63 Bn | 2.44 Bn | - | -29.46% |
| 4 | Corpay | 26.17 Bn | 16.06 Bn | - | 18.55% |
| 5 | Fiserv | 25.31 Bn | 21.98 Bn | 2.90 Bn | 11.85% |
| 6 | Global Payments | 22.57 Bn | 361.32 Mn | 2.03 Bn | 0.39% |
| 7 | Guidewire Software | 14.23 Bn | 10.79 Bn | 269.68 Mn | 7.64% |
| 8 | Bitmine Immersion Technologies | 11.95 Bn | 9.33 Bn | 40.81 Mn | -179.60% |
| 9 | Chime Financial | 11.27 Bn | 7.06 Bn | 594.87 Mn | 4.16% |
| 10 | MARA Holdings | 2.88 Bn | 572.29 Mn | - | -348.63% |
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 | 25.93% |
| Sep 30, 2021 | -42.88% |
API Access
MARA Holdings Net 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=net-margin&ticker=MARA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MARA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();