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Side-by-side financial comparison of Loar Holdings Inc. (LOAR) and MARA Holdings, Inc. (MARA). Click either name above to swap in a different company.
MARA Holdings, Inc. is the larger business by last-quarter revenue ($202.3M vs $131.8M, roughly 1.5× Loar Holdings Inc.). Loar Holdings Inc. runs the higher net margin — 9.5% vs -14298.3%, a 14307.8% gap on every dollar of revenue. On growth, Loar Holdings Inc. posted the faster year-over-year revenue change (19.3% vs -5.6%). Over the past eight quarters, Loar Holdings Inc.'s revenue compounded faster (19.8% CAGR vs 10.7%).
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.
LOAR vs MARA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $131.8M | $202.3M |
| Net Profit | $12.5M | $-1.7B |
| Gross Margin | 52.1% | — |
| Operating Margin | 18.0% | -11795.9% |
| Net Margin | 9.5% | -14298.3% |
| Revenue YoY | 19.3% | -5.6% |
| Net Profit YoY | 239.5% | -423.5% |
| EPS (diluted) | $0.13 | $-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.
| Q4 25 | $131.8M | $202.3M | ||
| Q3 25 | $126.8M | $252.4M | ||
| Q2 25 | $123.1M | $238.5M | ||
| Q1 25 | $114.7M | $213.9M | ||
| Q4 24 | $110.4M | $214.4M | ||
| Q3 24 | $103.5M | $131.6M | ||
| Q2 24 | $97.0M | $145.1M | ||
| Q1 24 | $91.8M | $165.2M |
| Q4 25 | $12.5M | $-1.7B | ||
| Q3 25 | $27.6M | $123.1M | ||
| Q2 25 | $16.7M | $808.2M | ||
| Q1 25 | $15.3M | $-533.4M | ||
| Q4 24 | $3.7M | $528.5M | ||
| Q3 24 | $8.7M | $-124.8M | ||
| Q2 24 | $7.6M | $-199.7M | ||
| Q1 24 | $2.2M | $337.2M |
| Q4 25 | 52.1% | — | ||
| Q3 25 | 52.7% | — | ||
| Q2 25 | 53.8% | — | ||
| Q1 25 | 52.1% | — | ||
| Q4 24 | 48.9% | -2613.4% | ||
| Q3 24 | 51.1% | -1065.0% | ||
| Q2 24 | 49.0% | -587.6% | ||
| Q1 24 | 48.4% | -289.4% |
| Q4 25 | 18.0% | -11795.9% | ||
| Q3 25 | 22.9% | 18.9% | ||
| Q2 25 | 22.2% | — | ||
| Q1 25 | 22.8% | -253.0% | ||
| Q4 24 | 19.2% | — | ||
| Q3 24 | 22.1% | -130.8% | ||
| Q2 24 | 22.9% | -160.1% | ||
| Q1 24 | 23.3% | — |
| Q4 25 | 9.5% | -14298.3% | ||
| Q3 25 | 21.8% | 48.8% | ||
| Q2 25 | 13.6% | 338.9% | ||
| Q1 25 | 13.4% | -249.4% | ||
| Q4 24 | 3.3% | 5367.4% | ||
| Q3 24 | 8.4% | -94.8% | ||
| Q2 24 | 7.9% | -137.6% | ||
| Q1 24 | 2.4% | 204.1% |
| Q4 25 | $0.13 | $-4.25 | ||
| Q3 25 | $0.29 | $0.27 | ||
| Q2 25 | $0.17 | $1.84 | ||
| Q1 25 | $0.16 | $-1.55 | ||
| Q4 24 | $-11023.48 | $1.60 | ||
| Q3 24 | $0.09 | $-0.42 | ||
| Q2 24 | $0.09 | $-0.72 | ||
| Q1 24 | $11023.54 | $1.26 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $84.8M | $547.1M |
| Total DebtLower is stronger | $715.7M | $3.6B |
| Stockholders' EquityBook value | $1.2B | $3.5B |
| Total Assets | $2.0B | $7.3B |
| Debt / EquityLower = less leverage | 0.61× | 1.04× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $84.8M | $547.1M | ||
| Q3 25 | $99.0M | $826.4M | ||
| Q2 25 | $103.3M | $109.5M | ||
| Q1 25 | $80.5M | $196.2M | ||
| Q4 24 | $54.1M | $391.8M | ||
| Q3 24 | $55.2M | $164.3M | ||
| Q2 24 | $73.2M | $256.0M | ||
| Q1 24 | $28.2M | $324.3M |
| Q4 25 | $715.7M | $3.6B | ||
| Q3 25 | $279.4M | $3.2B | ||
| Q2 25 | $277.7M | $2.3B | ||
| Q1 25 | $277.5M | $2.3B | ||
| Q4 24 | $277.3M | $2.4B | ||
| Q3 24 | $602.1M | $618.7M | ||
| Q2 24 | $250.7M | — | ||
| Q1 24 | $534.2M | — |
| Q4 25 | $1.2B | $3.5B | ||
| Q3 25 | $1.2B | $5.2B | ||
| Q2 25 | $1.1B | $4.8B | ||
| Q1 25 | $1.1B | $3.7B | ||
| Q4 24 | $1.1B | $4.1B | ||
| Q3 24 | $769.8M | $2.9B | ||
| Q2 24 | $758.4M | $2.6B | ||
| Q1 24 | $420.6M | $2.5B |
| Q4 25 | $2.0B | $7.3B | ||
| Q3 25 | $1.5B | $9.2B | ||
| Q2 25 | $1.5B | $7.7B | ||
| Q1 25 | $1.5B | $6.4B | ||
| Q4 24 | $1.5B | $6.8B | ||
| Q3 24 | $1.5B | $3.6B | ||
| Q2 24 | $1.1B | $3.1B | ||
| Q1 24 | $1.1B | $3.0B |
| Q4 25 | 0.61× | 1.04× | ||
| Q3 25 | 0.24× | 0.63× | ||
| Q2 25 | 0.25× | 0.47× | ||
| Q1 25 | 0.25× | 0.62× | ||
| Q4 24 | 0.25× | 0.59× | ||
| Q3 24 | 0.78× | 0.22× | ||
| Q2 24 | 0.33× | — | ||
| Q1 24 | 1.27× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $30.4M | $-802.7M |
| Free Cash FlowOCF − Capex | — | $-1.2B |
| FCF MarginFCF / Revenue | — | -598.0% |
| Capex IntensityCapex / Revenue | — | 201.2% |
| Cash ConversionOCF / Net Profit | 2.43× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-2.0B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $30.4M | $-802.7M | ||
| Q3 25 | $29.7M | $-199.0M | ||
| Q2 25 | $23.8M | $-163.4M | ||
| Q1 25 | $28.4M | $-215.5M | ||
| Q4 24 | $20.7M | $-677.0M | ||
| Q3 24 | $16.3M | $-160.1M | ||
| Q2 24 | $7.1M | $-115.2M | ||
| Q1 24 | $10.8M | $-88.3M |
| 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 |
| 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% |
| 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% |
| Q4 25 | 2.43× | — | ||
| Q3 25 | 1.08× | -1.62× | ||
| Q2 25 | 1.42× | -0.20× | ||
| Q1 25 | 1.85× | — | ||
| Q4 24 | 5.62× | -1.28× | ||
| Q3 24 | 1.89× | — | ||
| Q2 24 | 0.93× | — | ||
| Q1 24 | 4.81× | -0.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LOAR
| Other | $76.8M | 58% |
| Commercial Aerospace | $21.2M | 16% |
| Business Jet And General Aviation | $17.6M | 13% |
| Defense | $16.2M | 12% |
MARA
Segment breakdown not available.
