MARA Holdings (MARA) Revenue (2014 - 2026)
MARA Holdings' (MARA) quarterly Revenue came in at $174.9 million in Q2 2026, down 26.67% year-over-year from $238.5 million in Q2 2025, and little changed quarter-over-quarter from $174.6 million in Q1 2026.
Analysis
MARA Holdings (MARA) Revenue (2014 - 2026) Analysis & Trends
MARA Holdings has disclosed Revenue across 13 years of filings, most recently posting $174.9 million for Q2 2026.
- In Q2 2026, Revenue fell 26.67% year-over-year to $174.9 million; the TTM figure through Jun 2026 stood at $804.2 million (up 0.73% YoY), while the FY2025 annual figure was $907.1 million, up 38.2% from the prior year.
- Revenue came in at $174.9 million for Q2 2026 at MARA Holdings, roughly flat from $174.6 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $252.4 million in Q3 2025 to a low of $12.7 million in Q3 2022.
- Average Revenue over 5 years is $134.3 million, with a median of $151.0 million recorded in 2023.
- Year-over-year, Revenue slumped 75.46% in 2022 and jumped 671.07% in 2023.
- Over 5 years, Revenue stood at $28.4 million in 2022, then surged by 451.67% to $156.8 million in 2023, then jumped by 36.76% to $214.4 million in 2024, then fell by 5.63% to $202.3 million in 2025, then retreated by 13.56% to $174.9 million in 2026.
- Per Business Quant data, the three most recent Revenue figures were $174.9 million in Q2 2026, $174.6 million in Q1 2026, and $202.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | 46.54 Mn |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 137.23 Mn |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 74.93 Mn |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 174.24 Mn |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | 174.88 Mn |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 228.78 Mn |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 30.43 Mn |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 79.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 174.88 Mn |
| Mar 31, 2026 | 174.61 Mn |
| Dec 31, 2025 | 202.31 Mn |
| Sep 30, 2025 | 252.41 Mn |
| Jun 30, 2025 | 238.49 Mn |
| Mar 31, 2025 | 213.88 Mn |
| Dec 31, 2024 | 214.39 Mn |
| Sep 30, 2024 | 131.65 Mn |
| Jun 30, 2024 | 145.14 Mn |
| Mar 31, 2024 | 165.20 Mn |
| Dec 31, 2023 | 156.77 Mn |
| Sep 30, 2023 | 97.85 Mn |
| Jun 30, 2023 | 81.76 Mn |
| Mar 31, 2023 | 51.13 Mn |
| Dec 31, 2022 | 28.42 Mn |
| Sep 30, 2022 | 12.69 Mn |
| Jun 30, 2022 | 24.92 Mn |
| Mar 31, 2022 | 51.72 Mn |
| Dec 31, 2021 | 68.36 Mn |
| Sep 30, 2021 | 51.71 Mn |