Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeDepreciation & Amortization - TotalEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Equity IncomeIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest & Investment IncomeInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax Rate
Others
Ratios

MARA Holdings (MARA) Operating Expenses (2016 - 2025)

MARA Holdings' Operating Expenses history spans 14 years, with the latest figure at $370.4 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 194.04% year-over-year to $370.4 million; the TTM value through Dec 2025 reached $1.1 billion, up 344.53%, while the annual FY2025 figure was $1.1 billion, 344.53% up from the prior year.
  • Operating Expenses for Q4 2025 was $370.4 million at MARA Holdings, up from $257.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $395.8 million in Q4 2022 and bottomed at -$393.8 million in Q4 2024.
  • The 5-year median for Operating Expenses is $57.5 million (2021), against an average of $57.7 million.
  • The largest YoY upside for Operating Expenses was 7393.69% in 2021 against a maximum downside of 3294.34% in 2021.
  • A 5-year view of Operating Expenses shows it stood at $50.1 million in 2021, then soared by 689.54% to $395.8 million in 2022, then crashed by 144.06% to -$174.4 million in 2023, then crashed by 125.86% to -$393.8 million in 2024, then soared by 194.04% to $370.4 million in 2025.
  • Per Business Quant, the three most recent readings for MARA's Operating Expenses are $370.4 million (Q4 2025), $257.6 million (Q3 2025), and $260.3 million (Q2 2025).