MARA
Marathon Digital Holdings Inc
NASDAQ: MARA · FINANCIAL SERVICES · CAPITAL MARKETS
$10.72
-2.72% today
Updated 2026-04-29
Market cap
$4.08B
P/E ratio
—
P/S ratio
4.49x
EPS (TTM)
$-3.69
Dividend yield
—
52W range
$7 – $23
Volume
46.8M
Marathon Digital Holdings Inc (MARA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0.00 | $147964.00 | $3.42M | $21.40M | $18.98M | $36.63M | $519622.00 | $1.56M | $1.19M | $4.36M | $159.16M | $117.75M | $387.51M | $656.38M | $907.09M |
| Revenue growth (YoY) | — | — | +2210.3% | +526.2% | -11.3% | +93.0% | -98.6% | +200.7% | -24.1% | +267.6% | +3553.0% | -26.0% | +229.1% | +69.4% | +38.2% |
| Cost of revenue | $0.00 | $2.68M | $957040.00 | $15.69M | $22.02M | $32.00M | $7.83M | $5.34M | $3.96M | $6.92M | $42.40M | $151.42M | $402.85M | $815.75M | $1.34B |
| Gross profit | $0.00 | $-2.68M | $2.46M | $5.71M | $-3.05M | $4.63M | $-7.31M | $-3.77M | $-2.77M | $-2.56M | $116.77M | $-33.67M | $-15.34M | $-159.37M | $-432.94M |
| Gross margin | — | -1808.9% | 72.0% | 26.7% | -16.0% | 12.6% | -1407.5% | -241.5% | -233.9% | -58.7% | 73.4% | -28.6% | -4.0% | -24.3% | -47.7% |
| R&D | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | $98000.00 | $2.81M | $13.23M | $30.12M |
| SG&A | $30.93M | $2.86M | $5.10M | $4.25M | $6.02M | $3.92M | $4.17M | $3.23M | $1.02M | $6.40M | $174.32M | $82.77M | $95.23M | $272.08M | $349.94M |
| Operating income | $-30928.00 | $-5.54M | $-3.68M | $-6.21M | $-25.68M | $-15.58M | $-14.18M | $-12.08M | $-4.24M | $-9.82M | $-57.59M | $-673.54M | $220.91M | $306.11M | $-822.17M |
| Operating margin | — | -3744.8% | -107.5% | -29.0% | -135.3% | -42.5% | -2729.6% | -772.9% | -357.7% | -225.3% | -36.2% | -572.0% | 57.0% | 46.6% | -90.6% |
| EBITDA | $-30928.00 | $-5.52M | $-2.63M | $-723792.00 | $-10.02M | $-6.71M | $-24.72M | $-8.30M | $-2.39M | $-7.36M | $1.95M | $-624.56M | $467.46M | $1.06B | $-49.40M |
| EBITDA margin | — | -3729.8% | -77.0% | -3.4% | -52.8% | -18.3% | -4756.6% | -531.5% | -201.5% | -168.9% | 1.2% | -530.4% | 120.6% | 160.9% | -5.4% |
| EBIT | $-30928.00 | $-5.53M | $-3.67M | $-6.25M | $-20.85M | $-14.17M | $-26.57M | $-10.37M | $-3.47M | $-10.43M | $-12.95M | $-703.27M | $287.95M | $629.50M | $-822.17M |
| Interest expense | $0.00 | $153.00 | $1075.00 | $543283.00 | $4.25M | $3.14M | $4.87M | $2.37M | $51915.00 | $20984.00 | $1.57M | $14.98M | $10.35M | $13.00M | $48.38M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-30928.00 | $-6.93M | $-3.45M | $-1.88M | $-16.94M | $-28.67M | $-31.33M | $-12.81M | $-3.52M | $-10.45M | $-37.10M | $-694.02M | $261.17M | $541.25M | $-1.31B |
| Net income growth (YoY) | — | -22299.8% | +50.2% | +45.5% | -800.0% | -69.2% | -9.3% | +59.1% | +72.6% | -197.1% | -255.1% | -1770.9% | +137.6% | +107.2% | -342.3% |
| Profit margin | — | -4682.1% | -100.9% | -8.8% | -89.3% | -78.3% | -6030.1% | -820.2% | -296.7% | -239.8% | -23.3% | -589.4% | 67.4% | 82.5% | -144.6% |