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MARA Revenue

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The latest data point for MARA's revenue in Q4'25 shows $202.3M USD, reflecting a slight year-over-year decline of -5.6% compared to the prior year, amid a broader quarterly pattern of stabilization after earlier peaks. From Q1'23 to Q4'25, MARA's revenue exhibited robust overall growth, surging from $51.1M to a peak of $252.4M in Q3'25 before the recent dip, with YoY growth rates accelerating sharply in 2023 (up to 671% in Q3'23) and moderating to low-single digits in 2024-2025. Key inflection points include a rapid expansion in 2023 driven by high growth momentum, followed by volatility in 2024 with a mid-year decline to $131.6M in Q3'24, and a partial recovery in late 2024-2025 peaking in Q3'25. This bar and line chart highlights a transition from hyper-growth to more mature, albeit uneven, revenue trajectories, suggesting potential sector-specific pressures in the final quarter.