MARA Holdings (MARA) Operating Margin (2014 - 2026)

MARA Holdings' (MARA) quarterly Operating Margin came in at 607.91% in Q1 2026, down 35494.0% year-on-year from N/an in Q1 2025, and up 12.81% quarter-over-quarter from 697.21% in Q4 2025.

MARA Holdings (MARA) Operating Margin (2014 - 2026) Analysis & Trends

MARA Holdings has disclosed Operating Margin across 13 years of filings, most recently posting 607.91% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 607.91%, down 35494.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 201.04% (down 11528.0% YoY), and the FY2025 annual result was 134.96%, down 18160.0% from the prior year.
  • Operating Margin came in at 607.91% for Q1 2026 at MARA Holdings, up from 697.21% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 285.04% in Q2 2025 to a low of 1446.05% in Q4 2022.
  • The 5-year median for Operating Margin is 81.92% (2023), against an average of 207.17%.
  • Peak annual rise in Operating Margin reached 995420 bps in 2022, while the deepest fall reached 144692 bps in 2022.
  • MARA Holdings' Operating Margin stood at 1446.05% in 2022, then jumped by 108 bps to 118.05% in 2023, then jumped by 35 bps to 159.07% in 2024, then tumbled by 538 bps to 697.21% in 2025, then rose by 13 bps to 607.91% in 2026.
  • The last three Operating Margin figures came in at 607.91% (Q1 2026), 697.21% (Q4 2025), and 18.85% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - -
3 Goldman Sachs 317.73 Bn -619.82 Bn - -
4 Schwab Charles 153.74 Bn 108.77 Bn - -
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 28.49%
6 Interactive Brokers 38.91 Bn 49.50 Bn - -
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - -
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 46.50%
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 108.11%
10 MARA Holdings 5.24 Bn 4.80 Bn - -607.91%

Historic Data

Download Data
DateValue
Mar 31, 2026 -607.91%
Dec 31, 2025 -697.21%
Sep 30, 2025 18.85%
Jun 30, 2025 285.04%
Mar 31, 2025 -252.97%
Dec 31, 2024 159.07%
Sep 30, 2024 -130.82%
Jun 30, 2024 -160.12%
Mar 31, 2024 223.79%
Dec 31, 2023 118.05%
Sep 30, 2023 -81.92%
Jun 30, 2023 -7.42%
Mar 31, 2023 238.75%
Dec 31, 2022 -1,446.05%
Sep 30, 2022 -346.93%
Jun 30, 2022 -795.05%
Mar 31, 2022 -39.09%
Dec 31, 2021 0.86%
Sep 30, 2021 -10,301.12%
Jun 30, 2021 -398.51%