MARA Holdings (MARA) Tax Rate (2014 - 2026)

MARA Holdings' (MARA) quarterly Tax Rate came in at 2.39% in Q1 2026, down 1587.0% year-on-year from 0.16% in Q1 2025, and down 75.31% quarter-over-quarter from 9.69% in Q4 2025.

MARA Holdings (MARA) Tax Rate (2014 - 2026) Analysis & Trends

MARA Holdings has disclosed Tax Rate across 10 years of filings, most recently posting 2.39% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 2.39%, down 1587.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.59% (down 2145.0% YoY), and the FY2025 annual result was 4.12%, down 813.0% from the prior year.
  • Tax Rate came in at 2.39% for Q1 2026 at MARA Holdings, down from 9.69% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 28.26% in Q3 2024 to a low of 23.03% in Q3 2023.
  • The 5-year median for Tax Rate is 9.57% (2023), against an average of 8.71%.
  • Across the five-year window, Tax Rate plunged 6127 bps in 2022 and surged 5129 bps in 2024, its largest moves.
  • MARA Holdings' Tax Rate stood at 5.35% in 2022, then jumped by 79 bps to 9.57% in 2023, then surged by 91 bps to 18.29% in 2024, then plunged by 47 bps to 9.69% in 2025, then sank by 75 bps to 2.39% in 2026.
  • The last three Tax Rate figures came in at 2.39% (Q1 2026), 9.69% (Q4 2025), and 23.43% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 19.58%
3 Goldman Sachs 317.73 Bn -619.82 Bn - 13.20%
4 Schwab Charles 153.74 Bn 108.77 Bn - 22.24%
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 15.82%
6 Interactive Brokers 38.91 Bn 49.50 Bn - 9.08%
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 26.45%
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 23.03%
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 2.47%
10 MARA Holdings 5.24 Bn 4.80 Bn - 2.39%

Historic Data

Download Data
DateValue
Mar 31, 2026 2.39%
Mar 31, 2026 2.39%
Dec 31, 2025 9.69%
Dec 31, 2025 9.69%
Sep 30, 2025 23.43%
Sep 30, 2025 23.43%
Jun 30, 2025 20.51%
Jun 30, 2025 20.51%
Mar 31, 2025 18.26%
Mar 31, 2025 18.26%
Dec 31, 2024 18.29%
Dec 31, 2024 18.29%
Sep 30, 2024 28.26%
Sep 30, 2024 28.26%
Jun 30, 2024 13.69%
Jun 30, 2024 13.69%
Mar 31, 2024 10.14%
Mar 31, 2024 10.14%
Dec 31, 2023 9.57%
Dec 31, 2023 9.57%