MARA Holdings, Inc.MARAEarnings & Financial Report
MARA Holdings, Inc. is an American digital asset technology and cryptocurrency mining company headquartered in Fort Lauderdale, Florida. Founded in 2010, the company initially operated as a patent holding company before pivoting in the late 2010s to focus on blockchain infrastructure and digital assets.
Revenue
$214.4M
Gross Profit
$-257.3M
Operating Profit
N/A
Net Profit
$528.5M
Gross Margin
-2613.4%
Operating Margin
N/A
Net Margin
5367.4%
YoY Growth
36.8%
EPS
$1.60
MARA Holdings, Inc. Q4 FY2024 Financial Summary
MARA Holdings, Inc. reported revenue of $214.4M (up 36.8% YoY) for Q4 FY2024, with a net profit of $528.5M (up 136.6% YoY) (5367.4% margin). Cost of goods sold was $471.7M.
Key Financial Metrics
| Total Revenue | $214.4M |
|---|---|
| Net Profit | $528.5M |
| Gross Margin | -2613.4% |
| Operating Margin | N/A |
| Report Period | Q4 FY2024 |
MARA Holdings, Inc. Annual Revenue by Year
MARA Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $907.1M).
| Year | Annual Revenue |
|---|---|
| 2025 | $907.1M |
| 2024 | $656.4M |
| 2022 | $9.9M |
MARA Holdings, Inc. Quarterly Revenue & Net Profit History
MARA Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $202.3M | -5.6% | $-1.7B | -14298.3% |
| Q3 FY2025 | $252.4M | +91.7% | $123.1M | 48.8% |
| Q2 FY2025 | $238.5M | +64.3% | $808.2M | 338.9% |
| Q1 FY2025 | $213.9M | +29.5% | $-533.4M | -249.4% |
| Q4 FY2024 | $214.4M | +36.8% | $528.5M | 5367.4% |
| Q3 FY2024 | $131.6M | +34.5% | $-124.8M | -94.8% |
| Q2 FY2024 | $145.1M | +77.5% | $-199.7M | -137.6% |
| Q1 FY2024 | $165.2M | +223.1% | $337.2M | 204.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $165.2M | $145.1M | $131.6M | $214.4M | $213.9M | $238.5M | $252.4M | $202.3M |
| YoY Growth | 223.1% | 77.5% | 34.5% | 36.8% | 29.5% | 64.3% | 91.7% | -5.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.96B | $3.12B | $3.58B | $6.80B | $6.44B | $7.72B | $9.15B | $7.29B |
| Liabilities | $480.1M | $474.5M | $724.6M | $2.67B | $2.72B | $2.93B | $4.00B | $3.82B |
| Equity | $2.48B | $2.64B | $2.86B | $4.13B | $3.72B | $4.79B | $5.16B | $3.47B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-88.3M | $-115.2M | $-160.1M | $-677.0M | $-215.5M | $-163.4M | $-199.0M | $-802.7M |