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.

Compensation and related taxes

General and administrative

Gains on digital assets

Change in fair value of derivative

Early termination expenses

Amortization of intangible assets

Research and development

Consulting fees

Professional fees

Legal reserve

Impairment of deposits due to vendor bankruptcy filing

Impairment of mined cryptocurrency

Impairment of patents

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)

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 Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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

Marathon Digital Holdings excels in Q1, eyes global expansion

Marathon Digital Holdings reported strong operational performance and financial results in Q1 2023, driven by increased hash rate and Bitcoin production.
The company's focus on innovation, vertical integration, and strategic partnerships positions them for growth and efficiency in the competitive Bitcoin mining industry.
While facing regulatory challenges and operational hurdles, Marathon's international diversification and focus on renewable energy sources offer promising opportunities for future expansion and sustainability.

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

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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 Fort Lauderdale, FL.

Coinbase

Grayscale Bitcoin Trust

MicroStrategy Incorporated

Shares of Marathon Digital, Coinbase, MicroStrategy and the Grayscale Bitcoin Trust all jumped more than 300% in 2023, double the gains in bitcoin

Bitcoin's 2023 rally drove some of the stock market's biggest gains this year

Apple

AMC Entertainment

Alibaba

Coherus BioSciences

GameStop

HUYA Inc - ADR

Mullen Automotive

NetEase

NVIDIA

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Tesla

The S&P 500 index SPX has three days left this year to try for a fresh record high, which in theory, shouldn't be so hard with a Santa Rally all but teed up.

2024 could turn into a ‘trader's market.' Here's how this strategist says you can make the most of that.

Riot Blockchain

While the cryptocurrency industry has been evolving over the years, it has given rise to many companies oriented on cryptocurrencies and their related blockchain technology. At the same time, their shares have become equal participants in the stock market, some performing better than others in 2023.

These crypto stocks dominated in 2023

Shares of Marathon Digital Holdings Inc. MARA, +8.60% shot up 8.4% toward a 20-month high in midday trading Friday, to put them on track to extend their win streak to a record nine sessions. The cryptocurrency miner's stock was rallying again, even as bitcoin BTCUSD, -0.64% fell 0.2%, as Marathon's stock and bitcoin continue to decorrelate.

Marathon Digital's stock rallies toward a record win streak, even as bitcoin falls

NIKE

Spotify

Here's our daily look at three charts tied to recent news-driven price moves, with key technical levels to eye.

3 Charts For Investors to Watch Friday: Nike, Spotify, Marathon Digital

Fort Lauderdale, FL, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has added Anchorage Digital Bank National Association (“Anchorage Digital Bank”), a leading secure custodian and the only federally chartered crypto bank, as a bitcoin custodian, increasing the number of Marathon's bitcoin custodians from two to three.

Marathon Digital Holdings Adds Anchorage Digital Bank as a Bitcoin Custodian

IonQ

Nvidia's dominance in AI chip technology is a double-edged sword amid stiffening competition. IonQ's foray into quantum computing promises disruptive innovation but also comes with massive financial risk.

3 Overvalued Stocks That Could Plunge if the Market Crashes

Shares of Marathon Digital Holdings Inc. MARA, +3.62% rallied 3.4% in midday trading Wednesday, putting them on track for the highest close since April 2022, as bitcoin's BTCUSD, +2.90% 3.5% surge provided a boost. The cryptocurrency miner's stock has soared 55% amid a seven-day win streak, which would be the longest win streak since the seven-session streak that ended April 5, 2021.

Marathon Digital's stock rallies toward longest daily win streak in 2 1/2 years, and record weekly win streak

Cipher Mining

China Rapid Finance

Terawulf

The prominent digital excavator announced a buyout. It is purchasing two Bitcoin mining facilities for just under $180 million.

Why Marathon Digital and Other Crypto Mining Stocks Surged Today

Bit Digital, Inc

Hut 8 Mining Corp

The last few years were marked by a rising institutional interest in Bitcoin (BTC). Publicly traded Bitcoin mining companies surged in numbers and capitalization, attracting giants like BlackRock.

Here's how much the most profitable Bitcoin mining company lost in a year

MARA stock is on an impressive nine-week rally as Marathon Digital benefits from the bitcoin rebound.

MARA Stock Perched At Buy Point After 178% Rally

- First Fully Owned Sites Provide Immediate Expansion Opportunities, Operational Efficiencies, and Increase Marathon's Bitcoin Mining Portfolio 56% to 910 Megawatts of Capacity

Marathon Digital Holdings Enters Definitive Agreement To Acquire Multiple Bitcoin Mining Sites for $179 Million

One piece of good news for crypto investors is the Federal Reserve's indication that it will begin cutting interest rates in 2024. Higher interest rates can chase investors away from investments such as crypto, which they perceive as more risky.

Will the rally in crypto stocks continue into the new year?

Hive Blockchain Technologies Ltd

A crypto bull market could be on the horizon, and history shows certain stocks tend to dramatically outperform major cryptocurrencies when prices are surging. Despite Bitcoin's ( BTC-USD ) recent spike, many related equities remain far below previous highs.

3 Stocks Primed to Deliver 10X Gains in a Crypto Bull Market

Archer Aviation

Robinhood

For any year, the basic target of an investor is to beat inflation and to outperform the index. Beyond this, the returns are a bonus.

3 Speculative Stocks to Buy to Start the New Year With a Bang

The price of Bitcoin fell about 5% late on Sunday and that made its way to mining stocks on Monday. As leveraged bets on the price of Bitcoin, miners are down much more than 5% today.

Bitcoin Miners Tumble on Bitcoin's Late Night Crash

While  Bitcoin's (BTC) latest rally  saw the cryptocurrency surge to 19-month highs, its now retreating back to the $42,000 level.

Bitcoin Surge Puts Marathon Digital Stock on Notice

Hecla Mining

Looking back, 2021 was a golden year for growth stocks. But it didn't take much time for sentiments to reverse when tight monetary policies translated into a big correction in 2022.

Hidden Growth: 3 Stocks Set to Surge in 2024

Marathon Digital is a mining stock that has experienced significant volatility but is currently in an uptrend. The stock is heavily correlated with Bitcoin and has the potential to increase in value as Bitcoin continues to rally. While the stock has high volatility and unpredictable earnings, it also presents an opportunity for significant rewards for those willing to take on the risk.

Marathon Digital's Explosive Run Higher May Not Be Done

- Garden City Fully Energized; Grew Hash Rate to 23.7 EH/s - Produced 1,187 BTC in November 2023 and 10,999 BTC Year-to-Date - Combined Unrestricted Cash and Bitcoin Was $ 802.3 Million as of November 30, 2023 Fort Lauderdale, FL, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for November 2023. Management Commentary “In November, we increased our domestic energized hash rate 20% to 23.1 exahashes as energization of the facility in Garden City, Texas is complete,” said Fred Thiel, Marathon's chairman and CEO.

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for November 2023

Marathon Digital has increased its mining capabilities for Bitcoin. Bitcoin's price could increase greatly in 2024 thanks to an infrequent disruption to its supply.

Here's Why Marathon Digital Stock Jumped 36% Last Month

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Jabil

Here are the stocks making moves on Monday.

Uber, Coinbase, Spotify, and More Market Movers

An analyst price target bump was the spark that lit the fire of the stock's rally. Investors continue to pile into cryptocurrencies and assets related to them.

Why Marathon Digital Holdings Stock Surged Today

CleanSpark

Iris Energy Ltd

As the anticipation intensifies surrounding the possible approval of the first spot Bitcoin (BTC) exchange-traded fund (ETF) by the United States Securities and Exchange Commission (SEC) and the approaching halving event, there is one trade that seems to have gone under the radar – Bitcoin mining stocks.

Bitcoin mining stocks an opportunity ‘everybody seems to be missing'

Coinbase and Marathon have both soared this year as Bitcoin recovered. Coinbase's near-term growth could remain sluggish.

Better Bitcoin Stock: Coinbase Global vs. Marathon Digital

News for Marathon Digital Holdings Stock (MARA)