MARA Holdings (MARA) Research & Development (2012 - 2026)
MARA Holdings (MARA) posted Research & Development of $8.2 million for Q1 2026, up 132.99% sequentially from $3.5 million in Q4 2025, and down 11.29% YoY from $9.3 million in Q1 2025.
MARA Holdings (MARA) Research & Development (2012 - 2026) Analysis & Trends
MARA Holdings has reported Research & Development for 5 years, with the latest figure at $8.2 million in Q1 2026.
- Quarterly Research & Development fell 11.29% year-over-year to $8.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $29.0 million (up 45.13% YoY) and the FY2025 annual result came in at $30.1 million, up 128.03% from the prior year.
- Research & Development climbed to $8.2 million in Q1 2026 per MARA's latest filing, from $3.5 million in the prior quarter.
- Over five years, Research & Development peaked at $9.3 million in Q1 2025 and troughed at $209000.0 in Q1 2023.
- A 4-year average of $4.2 million and a median of $3.5 million in 2025 frame the typical range for Research & Development.
- The sharpest annual moves came in 2024 and 2025: Research & Development jumped 1096.17% in 2024, then declined 13.15% in 2025.
- Over 4 years, Research & Development stood at $1.2 million in 2023, then soared by 232.19% to $4.1 million in 2024, then slipped by 13.15% to $3.5 million in 2025, then jumped by 132.99% to $8.2 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $8.2 million, $3.5 million, and $8.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 1.20 Bn |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 635.00 Mn |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | - |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | -65.09 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 256.00 Mn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 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 | - | 26.20 Mn |
| 10 | MARA Holdings | 4.48 Bn | 3.98 Bn | - | 8.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.25 Mn |
| Dec 31, 2025 | 3.54 Mn |
| Sep 30, 2025 | 8.70 Mn |
| Jun 30, 2025 | 8.50 Mn |
| Mar 31, 2025 | 9.30 Mn |
| Dec 31, 2024 | 4.08 Mn |
| Sep 30, 2024 | 2.80 Mn |
| Jun 30, 2024 | 3.80 Mn |
| Mar 31, 2024 | 2.50 Mn |
| Dec 31, 2023 | 1.23 Mn |
| Sep 30, 2023 | 713,000.00 |
| Jun 30, 2023 | 651,000.00 |
| Mar 31, 2023 | 209,000.00 |
| Mar 31, 2012 | 27,305.00 |