MARA Holdings (MARA) Tax Rate (2016 - 2025)
MARA Holdings' Tax Rate came in at -0.09% for Q2 2026, down 20.60 percentage points from 20.51% a year earlier and down 2.49 percentage points from the prior quarter.
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Analysis
MARA Holdings (MARA) Tax Rate (2016 - 2025) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, MARA Holdings reported Tax Rate of 4.84%, down 14.09 percentage points year-over-year; for FY2025, it was 4.12%, down 8.13 percentage points from FY2024.
- Tax Rate carries a five-year change of +4.14 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 12.25% in FY2024 (+6.33 pp), 5.92% in FY2023 (+2.54 pp), 3.37% in FY2022 (+519.37 pp) and -516.00% in FY2021 (-515.98 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q3 2023.
- Year-over-year, Tax Rate has declined for four consecutive quarters, with an average year-over-year change of +3.13 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2024 (a gain of 51.29 percentage points), and the weakest in Q4 2022 (a drop of 52.99 percentage points).
- Business Quant data shows MARA's Tax Rate at 2.39% (Q1 2026), 9.69% (Q4 2025) and 23.43% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.67 Bn | 7.89 Bn | - | 15.73% |
| 2 | Block | 46.56 Bn | 17.86 Bn | 3.17 Bn | 71.11% |
| 3 | Coinbase Global | 45.63 Bn | 2.44 Bn | - | - |
| 4 | Corpay | 26.17 Bn | 16.06 Bn | - | 26.96% |
| 5 | Fiserv | 25.31 Bn | 21.98 Bn | 2.90 Bn | 20.13% |
| 6 | Global Payments | 22.57 Bn | 361.32 Mn | 2.03 Bn | - |
| 7 | Guidewire Software | 14.23 Bn | 10.79 Bn | 269.68 Mn | 30.70% |
| 8 | Bitmine Immersion Technologies | 11.95 Bn | 9.33 Bn | 40.81 Mn | - |
| 9 | Chime Financial | 11.27 Bn | 7.06 Bn | 594.87 Mn | 0.76% |
| 10 | MARA Holdings | 2.88 Bn | 572.29 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 23.43% |
| Jun 30, 2025 | 20.51% |
| Dec 31, 2024 | 18.29% |
| Mar 31, 2024 | 10.14% |
| Dec 31, 2023 | 9.57% |
| Mar 31, 2023 | 0.06% |
| Dec 31, 2021 | 58.34% |
| Jun 30, 2016 | 40.35% |
API Access
MARA Holdings Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MARA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MARA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MARA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();