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 has reported Tax Rate for 10 years, with the latest figure 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.
  • Over five years, Tax Rate peaked at 28.26% in Q3 2024 and troughed at 23.03% in Q3 2023.
  • A 5-year average of 8.71% and a median of 9.57% in 2023 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2024: Tax Rate plunged 6105 bps in 2022, then jumped 5129 bps in 2024.
  • Over 5 years, Tax Rate stood at 5.35% in 2022, then soared by 79 bps to 9.57% in 2023, then jumped 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.
  • According to Business Quant data, Tax Rate over the past three periods registered 2.39%, 9.69%, and 23.43% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 23.07%
2 Goldman Sachs 316.34 Bn -660.01 Bn - 22.60%
3 Schwab Charles 220.55 Bn 135.80 Bn - 22.24%
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -16.38%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 19.18%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 2.46%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 26.43%
10 MARA Holdings 4.48 Bn 3.98 Bn - 2.39%

Historic Data

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