Revenue segments as reported by the company.

Cryptocurrency mining revenue

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

General and administrative

Gains on digital assets

Change in fair value of derivative

Early termination expenses

Amortization of intangible assets

Research and development

Legal reserve

Impairment of deposits due to vendor bankruptcy filing

Impairment of mined cryptocurrency

Impairment of mining equipment

Realized gains on digital assets sold and unrealized losses on digital assets loan receivable

Gain on sales of equipment, net

Other operating income (expense)

Taxes other than on income

Impairment of assets

Restructuring costs

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Marathon Digital Holdings

Marathon Digital Holdings, Inc. is a digital asset technology company, which engages in mining cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets. The company was founded on February 23, 2010 and is headquartered in Las Vegas, NV.

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Earnings data Q1 2026

Earnings data Q2 2026

Marathon Digital Holdings (MARA) reports robust Q2 performance and eyes global expansion

Marathon Digital Holdings (MARA) showcased strong financial performance and operational achievements in Q2 2023. The company's strategic focus on technology integration, renewable energy, and software optimization positions it well for future growth. Challenges in M&A and technological advancements present opportunities for Marathon to further enhance its operational efficiency and global presence.

Marathon Digital Holdings reports record Q3 earnings and strategic growth plans

Marathon Digital Holdings delivered a stellar performance in Q3, with record revenue, improved margins, and a significant reduction in debt. The company's strategic focus on efficiency, cost reduction, and risk management positions them well for future growth. Despite challenges in the sector, Marathon's proactive approach and strong financial position present opportunities for expansion and sustained success.

Marathon Digital Holdings excels in hash rate growth and efficiency

Marathon Digital Holdings had a successful year in 2023, focusing on hash rate growth, operational efficiency, and strategic expansions.
The company's strong financial performance, technological advancements, and resilience position them well for future growth and industry shifts.
Challenges like hash rate fluctuations and unsustainable hosting economics are being addressed through strategic acquisitions and operational optimizations.
Marathon's emphasis on efficiency, innovation, and growth underscores their commitment to becoming a leading player in the mining industry.

Marathon Digital Holdings reports mixed Q2 performance amidst strategic advancements

Marathon Digital Holdings' Q2 2024 Earnings Call highlighted a mix of performance outcomes, strategic achievements, challenges, and opportunities in the digital asset industry.
The company showcased strengths in its long-term vision, operational efficiency, and strategic planning, while also acknowledging challenges in operational issues and market uncertainties.
With a focus on financial transparency, innovation, and growth strategies, Marathon Digital Holdings aims to navigate challenges, capitalize on opportunities, and drive long-term value for stakeholders.

Marathon Digital Holdings (MARA) reports robust Q3 performance and eyes energy policy influence

Marathon Digital Holdings (MARA) showcased strong financial performance, strategic acquisitions, and a focus on energy efficiency in Q3 2024. While facing potential regulatory challenges, the company is well-positioned to capitalize on opportunities in shaping energy policies and optimizing grid operations.

Marathon Digital achieves record earnings, eyes global expansion and innovation

Marathon Digital Holdings delivered exceptional financial performance in Q4 2024, driven by revenue growth and operational efficiency. The company's strategic focus on energy solutions, AI deployment, and regulatory collaboration positions it for future growth and innovation. While facing challenges in sustaining growth and navigating market complexities, Marathon Digital has opportunities for expansion and market leadership. Overall, Marathon Digital's strong performance, strategic strengths, and growth initiatives signal a promising outlook in the evolving digital landscape.

Marathon Digital Holdings (MARA) reports resilient Q1 performance and strategic focus on low-cost energy solutions

Marathon Digital Holdings (MARA) showcased strong financial performance and strategic initiatives in Q1 2025, despite facing market challenges. Executives emphasized a commitment to operational efficiencies, low-cost energy solutions, and long-term shareholder value.

Marathon Digital Holdings (MARA) reports record-breaking Q2 results and explores growth opportunities

Marathon Digital Holdings (MARA) delivered exceptional Q2 results, showcasing strong financial performance and strategic advancements. While facing challenges in managing energy costs and debt from convertible notes, MARA's strengths lie in strategic partnerships and infrastructure development. Opportunities abound for MARA in leveraging the Genius Act, exploring new partnerships, and optimizing bitcoin holdings for sustained growth.

Marathon Digital Holdings reports robust Q3 performance and strategic evolution

Marathon Digital Holdings (MARA) delivered strong financial results, showcasing growth in revenue, net income, and digital asset gains, bolstered by strategic partnerships and initiatives. The company's focus on energy, AI, and hash rate growth strategies positions it well for long-term value creation and market recognition, despite facing challenges in market valuation and operational optimization. MARAs evolution into a digital infrastructure company, coupled with its emphasis on energy ownership and strategic execution, highlights its potential for sustained growth and competitive advantage in the digital economy.

Marathon Digital Holdings reports Q4 revenues, navigates Bitcoin volatility

Marathon Digital Holdings (MARA) navigated Q4 2025 with strong revenues but faced a net loss due to Bitcoin price volatility, showcasing resilience amidst market challenges. Strategic partnerships and investments in AI and HPC capabilities position the company for growth and global expansion, diversifying its revenue streams and customer base. Effective management of Bitcoin holdings and debt obligations demonstrates financial prudence and adaptability, mitigating risks and ensuring long-term stability and growth. Continued focus on cost efficiency, power control, and strategic planning will be crucial for MARA to capitalize on opportunities and navigate challenges in the dynamic cryptocurrency and digital infrastructure landscape.

Marathon Digital Holdings reports record revenues but faces financial challenges

Marathon Digital Holdings (MARA) had a defining Q1 2026 with strategic moves and record revenues, but faced challenges with a substantial net loss and negative EBITDA. The company's strengths lie in acquisitions like Long Ridge and strategic partnerships like Starwood, offering growth potential and operational synergies. Challenges include financial losses, cost pressures, and high debt levels, while opportunities exist in funding plans, lease signings, and AI infrastructure conversion. Overall, MARA's performance reflects a mix of achievements and hurdles, with a strategic focus on growth and operational efficiency in the evolving digital landscape.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

MARA Holdings, Inc. is a digital asset technology company, which engages in mining cryptocurrencies with a focus on the Bitcoin ecosystem. It also deals with owning and operating bitcoin mining facilities or data centers, selling proprietary software or technology to third parties operating in the Bitcoin ecosystem, offering advisory and consulting services to support Bitcoin mining ventures in domestic and international jurisdictions, and generating electricity from renewable energy resources or methane gas capture to power Bitcoin mining projects. The company was founded on February 23, 2010 and is headquartered in Hallandale Beach, FL.