MARA Holdings annual operating expenses
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MARA Holdings Operating Expenses Growth & History (MARA)
MARA Holdings's operating expenses was $1.55B for fiscal 2025.
View full MARA Holdings company overviewMARA Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.55B | $1.08B | +233.03% |
| 2024 | 2024-12-31 | $465.5M | $229.2M | +97.03% |
| 2023 | 2023-12-31 | $236.3M | −$403.6M | −63.08% |
| 2022 | 2022-12-31 | $639.9M | $520.1M | +434.32% |
| 2021 | 2021-12-31 | $119.8M | $112.5M | +1549.52% |
| 2020 | 2020-12-31 | $7.3M | $1.8M | +33.84% |
| 2019 | 2019-12-31 | $5.4M | −$8.2M | −60.23% |
| 2018 | 2018-12-31 | $13.6M | −$1.1M | −7.24% |
| 2017 | 2017-12-31 | $14.7M | −$37.5M | −71.84% |
| 2016 | 2016-12-31 | $52.2M | $7.6M | +16.92% |
| 2015 | 2015-12-31 | $44.7M | $17.0M | +61.74% |
| 2014 | 2014-12-31 | $27.6M | $20.5M | +289.23% |
| 2013 | 2013-12-31 | $7.1M | $1.6M | +28.03% |
| 2012 | 2012-12-31 | $5.5M | — | — |
| 2011 | 2011-10-31 | $30,928 | — | — |
MARA Holdings quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $394.1M | $37.1M | +10.38% |
| Q1 2026 | 2026-03-31 | $388.0M | — | — |
| Q4 2025 | 2025-12-31 | $483.4M | — | — |
| Q3 2025 | 2025-09-30 | $365.7M | $260.4M | +247.55% |
| Q2 2025 | 2025-06-30 | $357.1M | $161.2M | +82.32% |
| Q3 2024 | 2024-09-30 | $105.2M | $40.4M | +62.27% |
| Q2 2024 | 2024-06-30 | $195.8M | $191.2M | +4092.70% |
| Q1 2024 | 2024-03-31 | $372.7M | $250.7M | +205.37% |
| Q4 2023 | 2023-12-31 | $44.7M | −$351.1M | −88.71% |
| Q3 2023 | 2023-09-30 | $64.8M | $48.2M | +289.46% |
| Q2 2023 | 2023-06-30 | $4.7M | −$177.0M | −97.43% |
| Q1 2023 | 2023-03-31 | $122.1M | $76.5M | +168.01% |
| Q4 2022 | 2022-12-31 | $395.8M | — | — |
| Q3 2022 | 2022-09-30 | $16.6M | −$47.2M | −73.94% |
| Q2 2022 | 2022-06-30 | $181.7M | $163.8M | +914.41% |
| Q1 2022 | 2022-03-31 | $45.5M | −$8.3M | −15.36% |
| Q3 2021 | 2021-09-30 | $63.9M | $61.1M | +2157.77% |
| Q2 2021 | 2021-06-30 | $17.9M | $15.8M | +762.12% |
| Q1 2021 | 2021-03-31 | $53.8M | $52.1M | +3094.33% |
| Q4 2020 | 2020-12-31 | $668,936 | −$1.3M | −66.26% |
| Q3 2020 | 2020-09-30 | $2.8M | $1.7M | +150.48% |
| Q2 2020 | 2020-06-30 | $2.1M | $981,032 | +89.48% |
| Q1 2020 | 2020-03-31 | $1.7M | $468,686 | +38.56% |
| Q4 2019 | 2019-12-31 | $2.0M | −$2.7M | −57.91% |
| Q3 2019 | 2019-09-30 | $1.1M | −$704,138 | −38.40% |
| Q2 2019 | 2019-06-30 | $1.1M | −$3.9M | −78.11% |
| Q1 2019 | 2019-03-31 | $1.2M | −$871,429 | −41.75% |
| Q4 2018 | 2018-12-31 | $4.7M | $272,406 | +6.14% |
| Q3 2018 | 2018-09-30 | $1.8M | −$2.2M | −55.05% |
| Q2 2018 | 2018-06-30 | $5.0M | $1.7M | +51.86% |
| Q1 2018 | 2018-03-31 | $2.1M | −$800,793 | −27.73% |
| Q4 2017 | 2017-12-31 | $4.4M | −$9.7M | −68.56% |
| Q3 2017 | 2017-09-30 | $4.1M | −$6.7M | −62.17% |
| Q2 2017 | 2017-06-30 | $3.3M | −$17.0M | −83.79% |
| Q1 2017 | 2017-03-31 | $2.9M | −$4.1M | −58.60% |
| Q4 2016 | 2016-12-31 | $14.1M | −$721,423 | −4.86% |
| Q3 2016 | 2016-09-30 | $10.8M | $1.3M | +13.58% |
| Q2 2016 | 2016-06-30 | $20.3M | $10.4M | +104.72% |
| Q1 2016 | 2016-03-31 | $7.0M | −$3.4M | −32.88% |
| Q4 2015 | 2015-12-31 | $14.8M | $5.8M | +64.56% |
| Q3 2015 | 2015-09-30 | $9.5M | −$1.9M | −16.68% |
| Q2 2015 | 2015-06-30 | $9.9M | $5.8M | +139.98% |
| Q1 2015 | 2015-03-31 | $10.4M | $7.3M | +239.45% |
| Q4 2014 | 2014-12-31 | $9.0M | $6.0M | +203.60% |
| Q3 2014 | 2014-09-30 | $11.4M | $10.0M | +744.33% |
| Q2 2014 | 2014-06-30 | $4.1M | $2.1M | +100.94% |
| Q1 2014 | 2014-03-31 | $3.1M | $2.3M | +328.60% |
| Q4 2013 | 2013-12-31 | $3.0M | $2.6M | +661.22% |
| Q3 2013 | 2013-09-30 | $1.3M | −$459,700 | −25.41% |
| Q2 2013 | 2013-06-30 | $2.1M | $1.8M | +625.12% |
| Q1 2013 | 2013-03-31 | $714,377 | −$2.3M | −76.64% |
| Q4 2012 | 2012-12-31 | $390,109 | — | — |
| Q3 2012 · Sep 30 | 2012-09-30 | $1.8M | $1.8M | +73651.57% |
| Q3 2012 · Jun 30 | 2012-06-30 | $284,153 | $282,616 | +18387.51% |
| Q2 2012 | 2012-03-31 | $3.1M | — | — |
| Q3 2012 · Sep 30 | 2011-09-30 | $2,453 | — | — |
| Q3 2011 · Jul 31 | 2011-07-31 | $3,588 | $3,578 | +35780.00% |
| Q3 2011 · Jun 30 | 2011-06-30 | $1,537 | — | — |
| Q3 2011 · Jul 31 | 2010-07-31 | $10 | — | — |
MARA Holdings operating expenses trends
Over the last five fiscal years, MARA Holdings's operating expenses increased from $7.3M to $1.55B, a change of $1.54B. The latest reported quarter, Q2 2026, shows $394.1M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review MARA Holdings source filings ↗