Cash Flow Statement
Growth Metrics

MARA Holdings (MARA) Operating Expenses (2016 - 2026)

MARA Holdings' Operating Expenses history spans 15 years, with the latest figure at $281.7 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 12.7% to $281.7 million in Q1 2026 year-over-year; TTM through Mar 2026 was $1.2 billion, a 644.28% increase, with the full-year FY2025 number at $1.1 billion, up 344.53% from a year prior.
  • Operating Expenses hit $281.7 million in Q1 2026 for MARA Holdings, down from $370.3 million in the prior quarter.
  • Over the last five years, Operating Expenses for MARA hit a ceiling of $395.8 million in Q4 2022 and a floor of -$393.8 million in Q4 2024.
  • Historically, Operating Expenses has averaged $79.9 million across 5 years, with a median of $105.2 million in 2024.
  • Biggest five-year swings in Operating Expenses: crashed 368.01% in 2023 and later soared 4292.7% in 2024.
  • Tracing MARA's Operating Expenses over 5 years: stood at $395.8 million in 2022, then plummeted by 144.06% to -$174.4 million in 2023, then crashed by 125.86% to -$393.8 million in 2024, then surged by 194.02% to $370.3 million in 2025, then dropped by 23.92% to $281.7 million in 2026.
  • Business Quant data shows Operating Expenses for MARA at $281.7 million in Q1 2026, $370.3 million in Q4 2025, and $257.6 million in Q3 2025.