vs

Side-by-side financial comparison of Autohome Inc. (ATHM) and MARA Holdings, Inc. (MARA). Click either name above to swap in a different company.

Autohome Inc. is the larger business by last-quarter revenue ($249.8M vs $202.3M, roughly 1.2× MARA Holdings, Inc.). Autohome Inc. runs the higher net margin — 23.8% vs -14298.3%, a 14322.1% gap on every dollar of revenue. Over the past eight quarters, MARA Holdings, Inc.'s revenue compounded faster (10.7% CAGR vs -0.6%).

Autohome Inc. is a leading online destination for automobile consumers in China. Through its websites and mobile apps, it provides professionally produced content, user-generated content, comprehensive vehicle listings, and a suite of services for dealers, automakers, and car buyers, including new and used car listings, financing, insurance, and online transactions.

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.

ATHM vs MARA — Head-to-Head

Bigger by revenue
ATHM
ATHM
1.2× larger
ATHM
$249.8M
$202.3M
MARA
Higher net margin
ATHM
ATHM
14322.1% more per $
ATHM
23.8%
-14298.3%
MARA
Faster 2-yr revenue CAGR
MARA
MARA
Annualised
MARA
10.7%
-0.6%
ATHM

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ATHM
ATHM
MARA
MARA
Revenue
$249.8M
$202.3M
Net Profit
$59.4M
$-1.7B
Gross Margin
63.7%
Operating Margin
8.3%
-11795.9%
Net Margin
23.8%
-14298.3%
Revenue YoY
-5.6%
Net Profit YoY
-423.5%
EPS (diluted)
$-4.25

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATHM
ATHM
MARA
MARA
Q4 25
$202.3M
Q3 25
$249.8M
$252.4M
Q2 25
$245.4M
$238.5M
Q1 25
$244.3M
$213.9M
Q4 24
$214.4M
Q3 24
$252.9M
$131.6M
Q2 24
$257.7M
$145.1M
Q1 24
$222.9M
$165.2M
Net Profit
ATHM
ATHM
MARA
MARA
Q4 25
$-1.7B
Q3 25
$59.4M
$123.1M
Q2 25
$56.0M
$808.2M
Q1 25
$-533.4M
Q4 24
$528.5M
Q3 24
$61.0M
$-124.8M
Q2 24
$69.3M
$-199.7M
Q1 24
$52.4M
$337.2M
Gross Margin
ATHM
ATHM
MARA
MARA
Q4 25
Q3 25
63.7%
Q2 25
71.4%
Q1 25
Q4 24
-2613.4%
Q3 24
77.0%
-1065.0%
Q2 24
81.5%
-587.6%
Q1 24
81.3%
-289.4%
Operating Margin
ATHM
ATHM
MARA
MARA
Q4 25
-11795.9%
Q3 25
8.3%
18.9%
Q2 25
16.9%
Q1 25
13.0%
-253.0%
Q4 24
Q3 24
4.7%
-130.8%
Q2 24
22.0%
-160.1%
Q1 24
17.2%
Net Margin
ATHM
ATHM
MARA
MARA
Q4 25
-14298.3%
Q3 25
23.8%
48.8%
Q2 25
22.8%
338.9%
Q1 25
-249.4%
Q4 24
5367.4%
Q3 24
24.1%
-94.8%
Q2 24
26.9%
-137.6%
Q1 24
23.5%
204.1%
EPS (diluted)
ATHM
ATHM
MARA
MARA
Q4 25
$-4.25
Q3 25
$0.27
Q2 25
$1.84
Q1 25
$-1.55
Q4 24
$1.60
Q3 24
$-0.42
Q2 24
$-0.72
Q1 24
$1.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATHM
ATHM
MARA
MARA
Cash + ST InvestmentsLiquidity on hand
$547.1M
Total DebtLower is stronger
$3.6B
Stockholders' EquityBook value
$3.5B
Total Assets
$7.3B
Debt / EquityLower = less leverage
1.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATHM
ATHM
MARA
MARA
Q4 25
$547.1M
Q3 25
$826.4M
Q2 25
$109.5M
Q1 25
$196.2M
Q4 24
$391.8M
Q3 24
$164.3M
Q2 24
$256.0M
Q1 24
$324.3M
Total Debt
ATHM
ATHM
MARA
MARA
Q4 25
$3.6B
Q3 25
$3.2B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.4B
Q3 24
$618.7M
Q2 24
Q1 24
Stockholders' Equity
ATHM
ATHM
MARA
MARA
Q4 25
$3.5B
Q3 25
$5.2B
Q2 25
$4.8B
Q1 25
$3.7B
Q4 24
$4.1B
Q3 24
$2.9B
Q2 24
$2.6B
Q1 24
$2.5B
Total Assets
ATHM
ATHM
MARA
MARA
Q4 25
$7.3B
Q3 25
$9.2B
Q2 25
$7.7B
Q1 25
$6.4B
Q4 24
$6.8B
Q3 24
$3.6B
Q2 24
$3.1B
Q1 24
$3.0B
Debt / Equity
ATHM
ATHM
MARA
MARA
Q4 25
1.04×
Q3 25
0.63×
Q2 25
0.47×
Q1 25
0.62×
Q4 24
0.59×
Q3 24
0.22×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATHM
ATHM
MARA
MARA
Operating Cash FlowLast quarter
$-802.7M
Free Cash FlowOCF − Capex
$-1.2B
FCF MarginFCF / Revenue
-598.0%
Capex IntensityCapex / Revenue
201.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-2.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATHM
ATHM
MARA
MARA
Q4 25
$-802.7M
Q3 25
$-199.0M
Q2 25
$-163.4M
Q1 25
$-215.5M
Q4 24
$-677.0M
Q3 24
$-160.1M
Q2 24
$-115.2M
Q1 24
$-88.3M
Free Cash Flow
ATHM
ATHM
MARA
MARA
Q4 25
$-1.2B
Q3 25
$-283.9M
Q2 25
$-282.4M
Q1 25
$-254.3M
Q4 24
$-927.8M
Q3 24
$-198.1M
Q2 24
$-132.4M
Q1 24
$-97.4M
FCF Margin
ATHM
ATHM
MARA
MARA
Q4 25
-598.0%
Q3 25
-112.5%
Q2 25
-118.4%
Q1 25
-118.9%
Q4 24
-432.8%
Q3 24
-150.5%
Q2 24
-91.2%
Q1 24
-59.0%
Capex Intensity
ATHM
ATHM
MARA
MARA
Q4 25
201.2%
Q3 25
33.6%
Q2 25
49.9%
Q1 25
18.2%
Q4 24
117.0%
Q3 24
28.9%
Q2 24
11.9%
Q1 24
5.5%
Cash Conversion
ATHM
ATHM
MARA
MARA
Q4 25
Q3 25
-1.62×
Q2 25
-0.20×
Q1 25
Q4 24
-1.28×
Q3 24
Q2 24
Q1 24
-0.26×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ATHM
ATHM

Online marketplace and others$114.7M46%
Leads generation services$93.2M37%
Media services$41.9M17%

MARA
MARA

Segment breakdown not available.

Related Comparisons