Marathon Digital Holdings (MARA) Financials
Income statement, balance sheet, and financial data
Annual Financials
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | 907.1M | 656.4M | 387.5M | 230.7M | 132.9M |
| Cost of Revenue | — | — | — | — | — |
| Gross Profit | — | — | — | -26M | -10.7M |
| Operating Income | -1.2B | 306.1M | 220.9M | 35.8M | 116M |
| Net Income | -1.3B | 541.3M | 261.2M | 109.3M | 109.7M |
| EPS (Basic) | $-3.69 | $1.87 | $1.41 | $0.63 | $0.66 |
| EPS (Diluted) | $-3.69 | $1.72 | $1.06 | $0.27 | $0.66 |
| Balance Sheet | |||||
| Total Assets | 7.3B | 6.8B | 2B | — | — |
| Total Liabilities | — | — | — | — | — |
| Stockholders' Equity | 3.5B | 4.1B | 1.6B | — | — |
| Cash & Equivalents | 547.1M | 391.8M | 357.3M | — | — |
| Total Debt | 3.6B | 2.4B | 325.7M | — | — |
Quarterly Financials
| Metric | Q1 2026 | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q1 2025 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 174.6M | — | 704.8M | 452.4M | 213.9M | — | 442M | 310.3M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Operating Income | -1.1B | — | 186.3M | 138.7M | -541.1M | — | -34.9M | 137.3M |
| Net Income | — | — | — | — | — | — | 12.7M | 137.5M |
| EPS (Basic) | $-3.31 | — | $1.13 | $0.79 | $-1.55 | — | $0.05 | $0.51 |
| EPS (Diluted) | $-3.31 | — | $0.90 | $0.64 | $-1.55 | — | $0.05 | $0.50 |
| Balance Sheet | ||||||||
| Total Assets | 4.9B | 7.3B | 9.2B | 7.7B | 6.4B | 6.8B | 3.6B | 3.1B |
| Total Liabilities | — | — | — | — | — | — | — | — |
| Stockholders' Equity | 2.2B | 3.5B | 5.2B | 4.8B | 3.7B | 4.1B | 2.9B | 2.6B |
| Cash & Equivalents | 513.7M | 547.1M | 826.4M | 109.5M | 196.2M | 391.8M | 164.3M | 256M |
| Total Debt | 2.4B | 3.6B | 3.2B | 2.3B | 2.3B | 2.4B | 618.7M | — |