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

MARA Holdings (MARA) has 16 years of Operating Expenses data on file, last reported at $281.7 million in Q1 2026.

• Quarterly Operating Expenses rose 12.7% year-over-year to $281.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 644.28% YoY) and the FY2025 annual result came in at $1.1 billion, up 344.53% from the prior year.
• Operating Expenses fell to $281.7 million in Q1 2026 per MARA's latest filing, from $370.3 million in the prior quarter.
• The five-year high for Operating Expenses was $395.8 million in Q4 2022, with the low at -$393.8 million in Q4 2024.
• Average Operating Expenses over 5 years is $79.9 million, with a median of $105.2 million recorded in 2024.
• Year-over-year, Operating Expenses plunged 368.01% in 2023 and surged 4292.7% in 2024.
• MARA Holdings' Operating Expenses stood at $395.8 million in 2022, then plunged by 144.06% to -$174.4 million in 2023, then plunged by 125.86% to -$393.8 million in 2024, then jumped by 194.02% to $370.3 million in 2025, then slipped by 23.92% to $281.7 million in 2026.
• Business Quant data shows MARA's Operating Expenses at $281.7 million in Q1 2026, $370.3 million in Q4 2025, and $257.6 million in Q3 2025.