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| Date | Value |
|---|---|
| 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% |