Company / SG&A Expense
MARA Holdings, Inc. SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$349.9M
FY2025
5-year range
$6.4M / $349.9M
FY2021-FY2025
Trend
+37.8%
vs FY2024
Sector context
#98 of 307
Information Technology
What the data says
At $350M, MARA Holdings, Inc.'s sg&a expense ranks #210 of 307 in the Information Technology sector. SG&A Expense has increased for 3 consecutive years, from $6M in FY2022 to $350M in FY2025.
Based on SEC 10-K filings.
$350M in FY2025 with a 5-year CAGR of +122.6%.
Increased from $84M to $350M over the past 2 years.
Information Technology sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +279.5%
- 5-Year CAGR
- +122.6%
- 10-Year CAGR
- -
Sector benchmark
#210 of 307 in Information TechnologyTop 68% of 307This company $349.9M Sector average $695.9M
▼
-49.7% below sector average
Key checks
Key Insights
- MARA Holdings, Inc.'s sg&a expense has grown for 3 consecutive years.
- 5-year CAGR of +122.6%, indicating consistent growth.
- In FY2025, sg&a expense increased 37.8% year-over-year.
- Ranks #98 out of 307 companies in the Information Technology sector.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -0.16 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $349.9M | +37.8% |
| FY2024 | $254.0M | +203.7% |
| FY2023 | $83.6M | +1205.6% |
| FY2022 | $6.4M | -96.3% |
| FY2021 | $174.4M | +2622.6% |
| FY2020 | $6.4M | +1274.9% |
| FY2019 | $465.8K | -43.9% |
| FY2018 | $831.0K | +0.0% |
| FY2017 | $831.0K | -1.1% |
| FY2016 | $840.2K | +54.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026