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| 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 | 36.11 Mn |
| Sep 30, 2021 | -21.11 Mn |
| Jun 30, 2021 | 4.62 Mn |