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

MARA Holdings (MARA) posted Tax Rate of 2.39% for Q1 2026, down 75.31% sequentially from 9.69% in Q4 2025, and down 1587.0% YoY from 0.16% in Q1 2025.

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

MARA Holdings (MARA) has 10 years of Tax Rate data on file, last reported at 2.39% in Q1 2026.

  • Quarterly Tax Rate fell 1587.0% year-over-year to 2.39% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.59% (down 2145.0% YoY) and the FY2025 annual result came in at 4.12%, down 813.0% from the prior year.
  • Tax Rate declined to 2.39% in Q1 2026 per MARA's latest filing, from 9.69% in the prior quarter.
  • The five-year high for Tax Rate was 28.26% in Q3 2024, with the low at 23.03% in Q3 2023.
  • Average Tax Rate over 5 years is 8.71%, with a median of 9.57% recorded in 2023.
  • Year-over-year, Tax Rate slumped 6127 bps in 2022 and soared 5129 bps in 2024.
  • 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 sank by 47 bps to 9.69% in 2025, then slumped by 75 bps to 2.39% in 2026.
  • Business Quant data shows MARA's Tax Rate at 2.39% in Q1 2026, 9.69% in Q4 2025, and 23.43% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 19.58%
2 Goldman Sachs 309.79 Bn -627.76 Bn - 13.20%
3 Schwab Charles 167.21 Bn 122.24 Bn - 22.24%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -16.38%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 15.82%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 26.45%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 23.03%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 2.47%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 2.46%
10 MARA Holdings 5.08 Bn 4.65 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%