Filing Flows › Mara Holdings (MARA) › Q2 2026 › vs Q2 2025
Mara Holdings (MARA) Q2 2026 vs Q2 2025 (year over year)
Mara Holdings's revenue fell $63.6M (-27%) from $238M in Q2 2025 to $175M in Q2 2026.
Mara Holdings, Q2 2026: revenue $175M (-27% year over year), operating margin -298.0%, net loss $611M, operating cash flow −$224M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $175M | $238M | −$63.6M | -27% |
| Net loss | $611M | −$808M | $1.4B | — |
| Costs & expenses | $786M | $575M | $211M | +37% |
| Operating costs | $696M | −$441M | $1.1B | — |
| Interest & other, net | $89.7M | −$337M | $427M | — |
| Income tax | $580K | $209M | −$208M | -100% |
| Operating cash sources | $611M | −$808M | $1.4B | — |
| Depreciation & amortization | $175M | $162M | $12.9M | +8% |
| Share-based compensation | $46.7M | $54.7M | −$8.0M | -15% |
| Working capital & other | $166M | −$1.2B | $1.4B | — |
| Cash used in operations | $224M | $163M | $60.3M | +37% |
| Net loss absorbed | $611M | −$808M | $1.4B | — |
Questions
How much did Mara Holdings's revenue grow year over year in Q2 2026?
Mara Holdings's revenue fell $63.6M (-27%) from $238M in Q2 2025 to $175M in Q2 2026.