MARA Holdings (MARA) Operating Income (2011 - 2026)
MARA Holdings (MARA) posted Operating Income of -$1.1 billion for Q1 2026, up 24.75% sequentially from -$1.4 billion in Q4 2025, and down 96.19% YoY from -$27.8 billion in Q1 2025.
MARA Holdings (MARA) Operating Income (2011 - 2026) Analysis & Trends
MARA Holdings (MARA) has 16 years of Operating Income data on file, last reported at -$1.1 billion in Q1 2026.
- Quarterly Operating Income fell 96.19% year-over-year to -$1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.7 billion (down 188.54% YoY) and the FY2025 annual result came in at -$1.2 billion, down 499.94% from the prior year.
- Operating Income advanced to -$1.1 billion in Q1 2026 per MARA's latest filing, from -$1.4 billion in the prior quarter.
- The five-year high for Operating Income was $679.8 million in Q2 2025, with the low at -$1.4 billion in Q4 2025.
- Average Operating Income over 5 years is -$143.1 million, with a median of -$44.0 million recorded in 2022.
- Year-over-year, Operating Income slumped 69748.31% in 2022 and soared 703.86% in 2023.
- MARA Holdings' Operating Income stood at -$410.9 million in 2022, then surged by 145.04% to $185.1 million in 2023, then jumped by 84.28% to $341.0 million in 2024, then slumped by 513.62% to -$1.4 billion in 2025, then grew by 24.75% to -$1.1 billion in 2026.
- Business Quant data shows MARA's Operating Income at -$1.1 billion in Q1 2026, -$1.4 billion in Q4 2025, and $47.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 532.81 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 304.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 287.25 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 45.00 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -233.52 Mn |
| 10 | MARA Holdings | 5.08 Bn | 4.65 Bn | - | -1.06 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.06 Bn |
| Dec 31, 2025 | -1.41 Bn |
| Sep 30, 2025 | 47.59 Mn |
| Jun 30, 2025 | 679.78 Mn |
| Mar 31, 2025 | -541.06 Mn |
| Dec 31, 2024 | 341.03 Mn |
| Sep 30, 2024 | -172.22 Mn |
| Jun 30, 2024 | -232.40 Mn |
| Mar 31, 2024 | 369.70 Mn |
| Dec 31, 2023 | 185.06 Mn |
| Sep 30, 2023 | -80.16 Mn |
| Jun 30, 2023 | -6.07 Mn |
| Mar 31, 2023 | 122.08 Mn |
| Dec 31, 2022 | -410.93 Mn |
| Sep 30, 2022 | -44.03 Mn |
| Jun 30, 2022 | -198.15 Mn |
| Mar 31, 2022 | -20.22 Mn |
| Dec 31, 2021 | 590,000.00 |
| Sep 30, 2021 | -64.28 Mn |
| Jun 30, 2021 | -116.85 Mn |