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 has reported Operating Income for 16 years, with the latest figure 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.
  • Over five years, Operating Income peaked at $679.8 million in Q2 2025 and troughed at -$1.4 billion in Q4 2025.
  • A 5-year average of -$143.1 million and a median of -$44.0 million in 2022 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2022 and 2023: Operating Income tumbled 4387.13% in 2022, then jumped 703.86% in 2023.
  • Over 5 years, Operating Income stood at -$410.9 million in 2022, then jumped by 145.04% to $185.1 million in 2023, then soared by 84.28% to $341.0 million in 2024, then sank by 513.62% to -$1.4 billion in 2025, then climbed by 24.75% to -$1.1 billion in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered -$1.1 billion, -$1.4 billion, and $47.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -
2 Goldman Sachs 316.34 Bn -660.01 Bn - -
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 532.81 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 470.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -233.52 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 MARA Holdings 4.48 Bn 3.98 Bn - -1.06 Bn

Historic Data

Download Data
DateValue
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 36.11 Mn
Sep 30, 2021 -21.11 Mn
Jun 30, 2021 4.62 Mn