MARA Holdings (MARA) Total Debt (2010 - 2026)
MARA Holdings' Total Debt came in at $2.42 billion for Q2 2026, down 7.0% from $2.6 billion a year earlier but up 0.1% from the prior quarter.
Analysis
MARA Holdings (MARA) Total Debt (2010 - 2026) Analysis & Trends
At the end of FY2025, MARA Holdings' Total Debt was $3.6 billion, up 60.2% from FY2024.
- Total Debt carries a five-year compound annual growth rate of 795.5% (FY2020 to FY2025).
- Going back by year, Total Debt was $2.25 billion in FY2024 (+589.9%), $325.65 million in FY2023 (-55.5%), $732.29 million in FY2022 (+0.5%) and $728.41 million in FY2021.
- The five-year range for quarterly Total Debt is $49.86 million (Q3 2022) to $3.6 billion (Q4 2025).
- Year-over-year, Total Debt increased in six of the last eight quarters, with growth averaging 323.5%.
- The fastest year-over-year change in Total Debt over five years came in Q2 2025 (growth of 696.5%), and the weakest in Q2 2024 (a decline of 55.5%).
- Business Quant data shows MARA's Total Debt at $2.42 billion (Q1 2026), $3.6 billion (Q4 2025) and $3.6 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.67 Bn | 7.89 Bn | - | 13.40 Bn |
| 2 | Block | 46.56 Bn | 17.86 Bn | 3.17 Bn | 6.88 Bn |
| 3 | Coinbase Global | 45.63 Bn | 2.44 Bn | - | 6.48 Bn |
| 4 | Corpay | 26.17 Bn | 16.06 Bn | - | 10.62 Bn |
| 5 | Fiserv | 25.31 Bn | 21.98 Bn | 2.90 Bn | 27.89 Bn |
| 6 | Global Payments | 22.57 Bn | 361.32 Mn | 2.03 Bn | 23.56 Bn |
| 7 | Guidewire Software | 14.23 Bn | 10.79 Bn | 269.68 Mn | 678.09 Mn |
| 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 | 50.00 Mn |
| 10 | MARA Holdings | 2.88 Bn | 572.29 Mn | - | 2.42 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.42 Bn |
| Mar 31, 2026 | 2.42 Bn |
| Dec 31, 2025 | 3.60 Bn |
| Sep 30, 2025 | 3.60 Bn |
| Jun 30, 2025 | 2.60 Bn |
| Mar 31, 2025 | 2.60 Bn |
| Dec 31, 2024 | 2.45 Bn |
| Sep 30, 2024 | 618.68 Mn |
| Jun 30, 2024 | 326.51 Mn |
| Mar 31, 2024 | 326.08 Mn |
| Dec 31, 2023 | 325.65 Mn |
| Sep 30, 2023 | 325.27 Mn |
| Jun 30, 2023 | 734.23 Mn |
| Mar 31, 2023 | 733.26 Mn |
| Dec 31, 2022 | 732.29 Mn |
| Sep 30, 2022 | 49.86 Mn |
| Jun 30, 2022 | 87.20 Mn |
| Mar 31, 2022 | 729.38 Mn |
| Dec 31, 2021 | 728.41 Mn |
| Mar 31, 2021 | 62,500.00 |
API Access
MARA Holdings Total Debt 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=total-debt&ticker=MARA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=MARA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();