MARA
Marathon Digital Holdings, Inc.
NASDAQ · Financial Services · Financial - Capital Markets · US
$11.26
−2.97%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 804.2M | 907.1M | 656.4M | 387.5M | 117.8M |
| Cost of Revenue | 872.3M | 1.3B | 815.8M | 402.9M | 151.4M |
| Gross Profit | (68.0M) | (432.9M) | (159.4M) | (15.3M) | (33.7M) |
| Operating Expenses | |||||
| R&D Expense | 27.7M | 30.1M | 13.2M | 2.8M | 98.0K |
| SG&A Expense | 372.7M | 349.9M | 272.1M | 95.2M | 82.8M |
| General & Admin Expense | 372.7M | 349.9M | 272.1M | 95.2M | 82.8M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 332.7M | 9.2M | (750.8M) | (334.3M) | 557.0M |
| Total Operating Expenses | 733.0M | 389.2M | (465.5M) | (236.3M) | 639.9M |
| Cost and Expenses | 1.6B | 1.7B | 350.3M | 166.6M | 791.3M |
| Operating Income (EBIT) | (801.1M) | (822.2M) | 306.1M | 220.9M | (673.5M) |
| Non-Operating | |||||
| Interest Income | 55.0M | 55.9M | 16.7M | 2.8M | 1.0M |
| Interest Expense | 42.6M | 48.4M | 13.0M | 10.3M | 15.0M |
| Net Interest Income | 12.4M | 7.5M | 3.7M | (7.5M) | (14.0M) |
| Other Non-Op Income/Expense | (2.8B) | (546.1M) | 310.4M | 56.7M | (44.7M) |
| Non-Operating Income (excl Interest) | 1.8B | 497.7M | (323.4M) | (67.0M) | 29.7M |
| EBT (Pre-Tax Income) | (3.6B) | (1.4B) | 616.5M | 277.6M | (718.3M) |
| Income Tax Expense | (176.1M) | (56.4M) | 75.5M | 16.4M | (24.2M) |
| Bottom Line | |||||
| Net Income | (3.5B) | (1.3B) | 541.3M | 261.2M | (694.0M) |
| Earnings from Cont. Ops | (3.5B) | (1.3B) | 541.0M | 261.2M | (694.0M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (3.5B) | (1.3B) | 541.3M | 259.1M | (694.0M) |
| Per Share | |||||
| Basic EPS | ($9.39) | ($3.69) | $1.87 | $1.41 | ($6.12) |
| Diluted EPS | ($9.45) | ($3.69) | $1.72 | $1.06 | ($6.12) |
| Revenue Per Share | $2.11 | $2.55 | $2.26 | $2.11 | $1.04 |
| Shares | |||||
| Basic Shares Outstanding | 381.6M | 355.2M | 290.0M | 183.9M | 113.5M |
| Diluted Shares Outstanding | 381.6M | 355.2M | 311.8M | 192.3M | 113.5M |
| Profitability Metrics | |||||
| EBITDA | (1.7B) | (547.1M) | 1.1B | 467.5M | (624.6M) |
| D&A | 819.4M | 772.8M | 426.6M | 179.5M | 78.7M |
| EBIT | (2.6B) | (1.3B) | 629.5M | 287.9M | (703.3M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026