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MARA Holdings (MARA) Research & Development (2023 - 2025)

MARA Holdings' Research & Development history spans 4 years, with the latest figure at $3.6 million for Q4 2025.

  • For Q4 2025, Research & Development fell 11.84% year-over-year to $3.6 million; the TTM value through Dec 2025 reached $30.1 million, up 127.85%, while the annual FY2025 figure was $30.1 million, 127.66% up from the prior year.
  • Research & Development for Q4 2025 was $3.6 million at MARA Holdings, down from $8.7 million in the prior quarter.
  • Across five years, Research & Development topped out at $9.3 million in Q1 2025 and bottomed at $209000.0 in Q1 2023.
  • The 3-year median for Research & Development is $3.2 million (2024), against an average of $3.8 million.
  • The largest annual shift saw Research & Development soared 1096.17% in 2024 before it fell 11.84% in 2025.
  • A 3-year view of Research & Development shows it stood at $1.2 million in 2023, then skyrocketed by 244.96% to $4.1 million in 2024, then fell by 11.84% to $3.6 million in 2025.
  • Per Business Quant, the three most recent readings for MARA's Research & Development are $3.6 million (Q4 2025), $8.7 million (Q3 2025), and $8.5 million (Q2 2025).