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| 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% |