MARA Holdings (MARA) Operating Expenses (2011 - 2026)

MARA Holdings has disclosed Operating Expenses across 16 years of filings, most recently posting $696.0 million for Q2 2026.

• In Q2 2026, Operating Expenses rose 257.71% year-over-year to $696.0 million; the TTM figure through Jun 2026 stood at $3.7 billion (up 663.86% YoY), while the FY2025 annual figure was $2.1 billion, up 508.49% from the prior year.
• Operating Expenses came in at $696.0 million for Q2 2026 at MARA Holdings, down from $1.2 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $1.6 billion in Q4 2025 to a low of -$441.3 million in Q2 2025.
• Average Operating Expenses over 5 years is $290.0 million, with a median of $193.2 million recorded in 2022.
• Year-over-year, Operating Expenses sank 368.01% in 2023 and surged 8182.55% in 2024.
• Over 5 years, Operating Expenses stood at $395.8 million in 2022, then slumped by 42.27% to $228.5 million in 2023, then slumped by 155.42% to -$126.6 million in 2024, then soared by 1373.66% to $1.6 billion in 2025, then tumbled by 56.85% to $696.0 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $696.0 million in Q2 2026, $1.2 billion in Q1 2026, and $1.6 billion in Q4 2025.