MARA Holdings (MARA) Selling, General & Administrative (2011 - 2026)
MARA Holdings (MARA) reported Selling, General & Administrative of $114.7 million for Q2 2026, up 23.4% from $92.95 million a year earlier and up 32.1% from the prior quarter.
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Analysis
MARA Holdings (MARA) Selling, General & Administrative (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, MARA Holdings' Selling, General & Administrative came in at $372.69 million, up 20.1% year-over-year; for FY2025, it was $349.94 million, up 37.8% from FY2024.
- Selling, General & Administrative has increased for three consecutive years, with a five-year compound annual growth rate of 122.6% (FY2020 to FY2025).
- By year, Selling, General & Administrative came in at $253.96 million in FY2024 (+203.7%), $83.61 million in FY2023 (+47.6%), $56.64 million in FY2022 (-67.5%) and $174.36 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Selling, General & Administrative in data going back to Q3 2011.
- Year over year, Selling, General & Administrative has now increased in each of the last 13 quarters, with growth averaging 67.2% over the last eight quarters.
- The high point for year-over-year Selling, General & Administrative in five years was Q1 2024 (growth of 355.3%); the low point was Q3 2022 (a decline of 87.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $86.86 million (Q1 2026), $85.83 million (Q4 2025) and $85.3 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.67 Bn | 7.89 Bn | - | 503.00 Mn |
| 2 | Block | 46.56 Bn | 17.86 Bn | 3.17 Bn | 825.87 Mn |
| 3 | Coinbase Global | 45.63 Bn | 2.44 Bn | - | 356.92 Mn |
| 4 | Corpay | 26.17 Bn | 16.06 Bn | - | 223.67 Mn |
| 5 | Fiserv | 25.31 Bn | 21.98 Bn | 2.90 Bn | 1.89 Bn |
| 6 | Global Payments | 22.57 Bn | 361.32 Mn | 2.03 Bn | 1.69 Bn |
| 7 | Guidewire Software | 14.23 Bn | 10.79 Bn | 269.68 Mn | 51.77 Mn |
| 8 | Bitmine Immersion Technologies | 11.95 Bn | 9.33 Bn | 40.81 Mn | 37.27 Mn |
| 9 | Chime Financial | 11.27 Bn | 7.06 Bn | 594.87 Mn | 80.14 Mn |
| 10 | MARA Holdings | 2.88 Bn | 572.29 Mn | - | 114.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 114.70 Mn |
| Mar 31, 2026 | 86.86 Mn |
| Dec 31, 2025 | 85.83 Mn |
| Sep 30, 2025 | 85.30 Mn |
| Jun 30, 2025 | 92.95 Mn |
| Mar 31, 2025 | 85.87 Mn |
| Dec 31, 2024 | 72.82 Mn |
| Sep 30, 2024 | 58.74 Mn |
| Jun 30, 2024 | 53.49 Mn |
| Mar 31, 2024 | 68.91 Mn |
| Dec 31, 2023 | 29.21 Mn |
| Sep 30, 2023 | 19.43 Mn |
| Jun 30, 2023 | 19.84 Mn |
| Mar 31, 2023 | 15.14 Mn |
| Dec 31, 2022 | 18.61 Mn |
| Sep 30, 2022 | 12.14 Mn |
| Jun 30, 2022 | 10.47 Mn |
| Mar 31, 2022 | 15.52 Mn |
| Dec 31, 2021 | 14.94 Mn |
| Sep 30, 2021 | 99.24 Mn |
API Access
MARA Holdings Selling, General & Administrative API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=selling-general-and-administrative&ticker=MARA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "ticker": "MARA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=selling-general-and-administrative&ticker=MARA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();