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
DateValue
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