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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |