MARA Holdings (MARA) Operating Leases (2019 - 2026)

MARA Holdings (MARA) posted Operating Leases of $43.8 million for Q1 2026, down 3.58% sequentially from $45.4 million in Q4 2025, and up 28.19% YoY from $34.2 million in Q1 2025.

MARA Holdings (MARA) Operating Leases (2019 - 2026) Analysis & Trends

MARA Holdings (MARA) has 7 years of Operating Leases data on file, last reported at $43.8 million in Q1 2026.

  • Quarterly Operating Leases rose 28.19% year-over-year to $43.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $43.8 million (up 28.19% YoY) and the FY2025 annual result came in at $45.4 million, up 67.67% from the prior year.
  • Operating Leases eased to $43.8 million in Q1 2026 per MARA's latest filing, from $45.4 million in the prior quarter.
  • The five-year high for Operating Leases was $45.4 million in Q4 2025, with the low at $354000.0 in Q4 2023.
  • Average Operating Leases over 5 years is $18.4 million, with a median of $16.7 million recorded in 2024.
  • Year-over-year, Operating Leases plunged 65.72% in 2023 and soared 7553.39% in 2024.
  • MARA Holdings' Operating Leases stood at $1.0 million in 2022, then sank by 65.19% to $354000.0 in 2023, then soared by 7553.39% to $27.1 million in 2024, then soared by 67.67% to $45.4 million in 2025, then slipped by 3.58% to $43.8 million in 2026.
  • Business Quant data shows MARA's Operating Leases at $43.8 million in Q1 2026, $45.4 million in Q4 2025, and $44.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn -
7 Tradeweb Markets 21.59 Bn 20.34 Bn -
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn
10 MARA Holdings 5.08 Bn 4.65 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 43.80 Mn
Dec 31, 2025 45.43 Mn
Sep 30, 2025 44.91 Mn
Jun 30, 2025 39.72 Mn
Mar 31, 2025 34.17 Mn
Dec 31, 2024 27.09 Mn
Sep 30, 2024 20.39 Mn
Jun 30, 2024 20.44 Mn
Mar 31, 2024 13.06 Mn
Dec 31, 2023 354,000.00
Sep 30, 2023 388,000.00
Jun 30, 2023 423,000.00
Dec 31, 2022 1.02 Mn
Sep 30, 2022 1.13 Mn
Jun 30, 2022 1.07 Mn
Mar 31, 2022 1.07 Mn
Sep 30, 2020 44,361.00
Jun 30, 2020 67,255.00
Mar 31, 2020 95,018.00
Dec 31, 2019 120,479.00