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

Priority Technology Holdings, Inc. is the larger business by last-quarter revenue ($247.1M vs $202.3M, roughly 1.2× MARA Holdings, Inc.). Priority Technology Holdings, Inc. runs the higher net margin — 3.6% vs -14298.3%, a 14301.9% gap on every dollar of revenue. On growth, Priority Technology Holdings, Inc. posted the faster year-over-year revenue change (8.8% vs -5.6%). Priority Technology Holdings, Inc. produced more free cash flow last quarter ($30.9M vs $-1.2B). Over the past eight quarters, MARA Holdings, Inc.'s revenue compounded faster (10.7% CAGR vs 9.6%).

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.

Information technology (IT) is the study or use of computers, telecommunication systems and other devices to create, process, store, retrieve and transmit information. While the term is commonly used to refer to computers and computer networks, it also encompasses other information distribution technologies such as television and telephones. Information technology is an application of computer science and computer engineering.

MARA vs PRTH — Head-to-Head

Bigger by revenue
PRTH
PRTH
1.2× larger
PRTH
$247.1M
$202.3M
MARA
Growing faster (revenue YoY)
PRTH
PRTH
+14.5% gap
PRTH
8.8%
-5.6%
MARA
Higher net margin
PRTH
PRTH
14301.9% more per $
PRTH
3.6%
-14298.3%
MARA
More free cash flow
PRTH
PRTH
$1.2B more FCF
PRTH
$30.9M
$-1.2B
MARA
Faster 2-yr revenue CAGR
MARA
MARA
Annualised
MARA
10.7%
9.6%
PRTH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MARA
MARA
PRTH
PRTH
Revenue
$202.3M
$247.1M
Net Profit
$-1.7B
$8.9M
Gross Margin
Operating Margin
-11795.9%
13.6%
Net Margin
-14298.3%
3.6%
Revenue YoY
-5.6%
8.8%
Net Profit YoY
-423.5%
23.9%
EPS (diluted)
$-4.25
$0.10

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
MARA
MARA
PRTH
PRTH
Q4 25
$202.3M
$247.1M
Q3 25
$252.4M
$241.4M
Q2 25
$238.5M
$239.8M
Q1 25
$213.9M
$224.6M
Q4 24
$214.4M
$227.1M
Q3 24
$131.6M
$227.0M
Q2 24
$145.1M
$219.9M
Q1 24
$165.2M
$205.7M
Net Profit
MARA
MARA
PRTH
PRTH
Q4 25
$-1.7B
$8.9M
Q3 25
$123.1M
$27.6M
Q2 25
$808.2M
$10.9M
Q1 25
$-533.4M
$8.3M
Q4 24
$528.5M
$7.2M
Q3 24
$-124.8M
$10.6M
Q2 24
$-199.7M
$994.0K
Q1 24
$337.2M
$5.2M
Gross Margin
MARA
MARA
PRTH
PRTH
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-2613.4%
Q3 24
-1065.0%
Q2 24
-587.6%
Q1 24
-289.4%
Operating Margin
MARA
MARA
PRTH
PRTH
Q4 25
-11795.9%
13.6%
Q3 25
18.9%
15.6%
Q2 25
15.6%
Q1 25
-253.0%
14.5%
Q4 24
15.0%
Q3 24
-130.8%
16.8%
Q2 24
-160.1%
15.1%
Q1 24
13.6%
Net Margin
MARA
MARA
PRTH
PRTH
Q4 25
-14298.3%
3.6%
Q3 25
48.8%
11.4%
Q2 25
338.9%
4.5%
Q1 25
-249.4%
3.7%
Q4 24
5367.4%
3.2%
Q3 24
-94.8%
4.7%
Q2 24
-137.6%
0.5%
Q1 24
204.1%
2.5%
EPS (diluted)
MARA
MARA
PRTH
PRTH
Q4 25
$-4.25
$0.10
Q3 25
$0.27
$0.34
Q2 25
$1.84
$0.14
Q1 25
$-1.55
$0.10
Q4 24
$1.60
$-0.05
Q3 24
$-0.42
$0.07
Q2 24
$-0.72
$-0.23
Q1 24
$1.26
$-0.10

Balance Sheet & Financial Strength

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

Metric
MARA
MARA
PRTH
PRTH
Cash + ST InvestmentsLiquidity on hand
$547.1M
$77.2M
Total DebtLower is stronger
$3.6B
$1.0B
Stockholders' EquityBook value
$3.5B
$-100.4M
Total Assets
$7.3B
$2.4B
Debt / EquityLower = less leverage
1.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MARA
MARA
PRTH
PRTH
Q4 25
$547.1M
$77.2M
Q3 25
$826.4M
$57.0M
Q2 25
$109.5M
$50.6M
Q1 25
$196.2M
$47.6M
Q4 24
$391.8M
$58.6M
Q3 24
$164.3M
$41.1M
Q2 24
$256.0M
$34.6M
Q1 24
$324.3M
$34.3M
Total Debt
MARA
MARA
PRTH
PRTH
Q4 25
$3.6B
$1.0B
Q3 25
$3.2B
$997.5M
Q2 25
$2.3B
$917.0M
Q1 25
$2.3B
$918.9M
Q4 24
$2.4B
$920.9M
Q3 24
$618.7M
$808.1M
Q2 24
$809.0M
Q1 24
$631.4M
Stockholders' Equity
MARA
MARA
PRTH
PRTH
Q4 25
$3.5B
$-100.4M
Q3 25
$5.2B
$-110.3M
Q2 25
$4.8B
$-146.1M
Q1 25
$3.7B
$-158.3M
Q4 24
$4.1B
$-166.8M
Q3 24
$2.9B
$-165.8M
Q2 24
$2.6B
$-172.1M
Q1 24
$2.5B
$-159.9M
Total Assets
MARA
MARA
PRTH
PRTH
Q4 25
$7.3B
$2.4B
Q3 25
$9.2B
$2.2B
Q2 25
$7.7B
$2.0B
Q1 25
$6.4B
$1.9B
Q4 24
$6.8B
$1.8B
Q3 24
$3.6B
$1.8B
Q2 24
$3.1B
$1.7B
Q1 24
$3.0B
$1.6B
Debt / Equity
MARA
MARA
PRTH
PRTH
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
MARA
MARA
PRTH
PRTH
Operating Cash FlowLast quarter
$-802.7M
$36.8M
Free Cash FlowOCF − Capex
$-1.2B
$30.9M
FCF MarginFCF / Revenue
-598.0%
12.5%
Capex IntensityCapex / Revenue
201.2%
2.4%
Cash ConversionOCF / Net Profit
4.12×
TTM Free Cash FlowTrailing 4 quarters
$-2.0B
$75.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MARA
MARA
PRTH
PRTH
Q4 25
$-802.7M
$36.8M
Q3 25
$-199.0M
$36.1M
Q2 25
$-163.4M
$17.1M
Q1 25
$-215.5M
$10.0M
Q4 24
$-677.0M
$23.8M
Q3 24
$-160.1M
$19.8M
Q2 24
$-115.2M
$28.7M
Q1 24
$-88.3M
$13.3M
Free Cash Flow
MARA
MARA
PRTH
PRTH
Q4 25
$-1.2B
$30.9M
Q3 25
$-283.9M
$30.1M
Q2 25
$-282.4M
$9.2M
Q1 25
$-254.3M
$4.9M
Q4 24
$-927.8M
$19.1M
Q3 24
$-198.1M
$14.5M
Q2 24
$-132.4M
$23.6M
Q1 24
$-97.4M
$6.7M
FCF Margin
MARA
MARA
PRTH
PRTH
Q4 25
-598.0%
12.5%
Q3 25
-112.5%
12.5%
Q2 25
-118.4%
3.8%
Q1 25
-118.9%
2.2%
Q4 24
-432.8%
8.4%
Q3 24
-150.5%
6.4%
Q2 24
-91.2%
10.7%
Q1 24
-59.0%
3.3%
Capex Intensity
MARA
MARA
PRTH
PRTH
Q4 25
201.2%
2.4%
Q3 25
33.6%
2.5%
Q2 25
49.9%
3.3%
Q1 25
18.2%
2.3%
Q4 24
117.0%
2.0%
Q3 24
28.9%
2.3%
Q2 24
11.9%
2.3%
Q1 24
5.5%
3.2%
Cash Conversion
MARA
MARA
PRTH
PRTH
Q4 25
4.12×
Q3 25
-1.62×
1.31×
Q2 25
-0.20×
1.57×
Q1 25
1.20×
Q4 24
-1.28×
3.29×
Q3 24
1.87×
Q2 24
28.87×
Q1 24
-0.26×
2.56×

Financial Flow Comparison

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

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