MARA Holdings, Inc. (MARA)

MARA Holdings Revenue

MARA Holdings had revenue of $164.23M in the quarter ending September 30, 2026, a decrease of -34.93%. This brings the company's total for the last twelve months to $716.04M, down -22.10% year-over-year. In the year 2025, MARA Holdings had annual revenue of $907.09M with 38.20% growth. That makes MARA Holdings the 9,304th largest company in the world by revenue and 2,054th in the United States.

• Revenue (ttm): $716.04M
• Revenue Growth: -22.10%
• P/S Ratio: 3.76
• Revenue / Employee: $2,691,887
• Employees: 266
• Market Cap: 2.71B

Revenue Chart

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Revenue by Segment

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• Operator - Block Rewards and Other 848.39M 93.5%
• Participant 44.83M 4.9%
• Operator - Transaction Fees 9.21M 1.0%
• Hosting Services 4.67M 0.5%

Fiscal year ended Dec 31, 2025 See the full MARA Holdings breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	907.09M	250.72M	38.20%
Dec 31, 2024	656.38M	268.87M	69.38%
Dec 31, 2023	387.51M	269.76M	229.09%
Dec 31, 2022	117.75M	-41.41M	-26.02%
Dec 31, 2021	159.16M	154.81M	3,553.04%
Dec 31, 2020	4.36M	3.17M	267.61%
Dec 31, 2019	1.19M	-377.15K	-24.14%
Dec 31, 2018	1.56M	1.04M	200.67%
Dec 31, 2017	519.62K	-36.11M	-98.58%
Dec 31, 2016	36.63M	17.65M	93.01%
Dec 31, 2015	18.98M	-2.43M	-11.34%
Dec 31, 2014	21.40M	17.99M	526.16%
Dec 31, 2013	3.42M	-	-
Dec 31, 2012	-	-	-
Oct 31, 2011	-	-	-

Data Source: Fiscal.ai Last updated: Nov 9, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 13, 2026

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