MARA Holdings MARA
NASDAQ MARA
$11.98 +0.55 (+4.81%)
At close: Sep 11, 2026 · 4:00 PM EDT

MARA Holdings (MARA) Share-based Compensation (2012 - 2026)

MARA Holdings' (MARA) quarterly Share-based Compensation came in at $46.7 million in Q2 2026, down 14.59% year-over-year from $54.7 million in Q2 2025, and up 53.03% quarter-over-quarter from $30.5 million in Q1 2026.

Analysis

MARA Holdings (MARA) Share-based Compensation (2012 - 2026) Analysis & Trends

MARA Holdings has disclosed Share-based Compensation across 15 years of filings, most recently posting $46.7 million for Q2 2026.

  • In Q2 2026, Share-based Compensation fell 14.59% year-over-year to $46.7 million; the TTM figure through Jun 2026 stood at $145.7 million (down 19.57% YoY), while the FY2025 annual figure was $172.3 million, up 9.3% from the prior year.
  • Share-based Compensation came in at $46.7 million for Q2 2026 at MARA Holdings, up from $30.5 million in the prior quarter.
  • In the past five years, Share-based Compensation ranged from a high of $54.7 million in Q2 2025 to a low of $3.4 million in Q3 2022.
  • Average Share-based Compensation over 5 years is $25.8 million, with a median of $25.8 million recorded in 2024.
  • Year-over-year, Share-based Compensation tumbled 96.43% in 2022 and surged 1215.92% in 2024.
  • Over 5 years, Share-based Compensation stood at $5.7 million in 2022, then surged by 227.63% to $18.7 million in 2023, then soared by 188.5% to $54.1 million in 2024, then plunged by 44.4% to $30.1 million in 2025, then surged by 55.31% to $46.7 million in 2026.
  • Per Business Quant data, the three most recent Share-based Compensation figures were $46.7 million in Q2 2026, $30.5 million in Q1 2026, and $30.1 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Bitmine Immersion Technologies 57.18 Bn 56.84 Bn 40.81 Mn 13.25 Mn
2 Iren 33.35 Bn 25.78 Bn 103.89 Mn -
3 Hut 8 12.15 Bn 5.67 Bn 48.04 Mn 51.75 Mn
4 Riot Platforms 8.12 Bn 7.57 Bn 84.97 Mn 35.58 Mn
5 Argo Blockchain 6.30 Bn 6.30 Bn - -
6 MARA Holdings 4.58 Bn 4.22 Bn - 46.68 Mn
7 Cleanspark 3.51 Bn 3.30 Bn - 1.60 Mn
8 Bitdeer Technologies 2.82 Bn 2.36 Bn -8.53 Mn 5.63 Mn
9 Keel Infrastructure 2.20 Bn 2.20 Bn -86.75 Mn -15.57 Mn
10 HIVE Digital Technologies 831.06 Mn 592.03 Mn -29.49 Mn 7.08 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 46.68 Mn
Mar 31, 2026 30.51 Mn
Dec 31, 2025 30.06 Mn
Sep 30, 2025 38.47 Mn
Jun 30, 2025 54.66 Mn
Mar 31, 2025 49.12 Mn
Dec 31, 2024 54.06 Mn
Sep 30, 2024 23.34 Mn
Jun 30, 2024 28.33 Mn
Mar 31, 2024 51.91 Mn
Dec 31, 2023 18.74 Mn
Sep 30, 2023 5.60 Mn
Jun 30, 2023 4.34 Mn
Mar 31, 2023 3.95 Mn
Dec 31, 2022 5.72 Mn
Sep 30, 2022 3.42 Mn
Jun 30, 2022 6.13 Mn
Mar 31, 2022 9.28 Mn
Dec 31, 2021 8.45 Mn
Sep 30, 2021 95.74 Mn