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
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 590,000.00
Sep 30, 2021 -64.28 Mn
Jun 30, 2021 -116.85 Mn