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Side-by-side financial comparison of MARA Holdings, Inc. (MARA) and SHOE CARNIVAL INC (SCVL). Click either name above to swap in a different company.
SHOE CARNIVAL INC is the larger business by last-quarter revenue ($297.2M vs $202.3M, roughly 1.5× MARA Holdings, Inc.). SHOE CARNIVAL INC runs the higher net margin — 4.9% vs -14298.3%, a 14303.2% gap on every dollar of revenue. On growth, SHOE CARNIVAL INC posted the faster year-over-year revenue change (-3.2% vs -5.6%). SHOE CARNIVAL INC produced more free cash flow last quarter ($19.7M vs $-1.2B). Over the past eight quarters, MARA Holdings, Inc.'s revenue compounded faster (10.7% CAGR vs 3.0%).
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.
SHOE CARNIVAL INCSCVLEarnings & Financial Report
Shoe Carnival Inc. is an American retailer of family footwear. The company operates 429 stores throughout the midwest, south, and southeast regions, and Puerto Rico. It was founded by David Russell in 1978 and is headquartered in Fort Mill, South Carolina as of 2025.
MARA vs SCVL — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | ||
|---|---|---|
| Revenue | $202.3M | $297.2M |
| Net Profit | $-1.7B | $14.6M |
| Gross Margin | — | 37.6% |
| Operating Margin | -11795.9% | 6.3% |
| Net Margin | -14298.3% | 4.9% |
| Revenue YoY | -5.6% | -3.2% |
| Net Profit YoY | -423.5% | -23.9% |
| EPS (diluted) | $-4.25 | $0.53 |
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 | $202.3M | $297.2M | ||
| Q3 25 | $252.4M | $306.4M | ||
| Q2 25 | $238.5M | $277.7M | ||
| Q1 25 | $213.9M | $262.9M | ||
| Q4 24 | $214.4M | $306.9M | ||
| Q3 24 | $131.6M | $332.7M | ||
| Q2 24 | $145.1M | $300.4M | ||
| Q1 24 | $165.2M | $280.2M |
| Q4 25 | $-1.7B | $14.6M | ||
| Q3 25 | $123.1M | $19.2M | ||
| Q2 25 | $808.2M | $9.3M | ||
| Q1 25 | $-533.4M | $14.7M | ||
| Q4 24 | $528.5M | $19.2M | ||
| Q3 24 | $-124.8M | $22.6M | ||
| Q2 24 | $-199.7M | $17.3M | ||
| Q1 24 | $337.2M | $15.5M |
| Q4 25 | — | 37.6% | ||
| Q3 25 | — | 38.8% | ||
| Q2 25 | — | 34.5% | ||
| Q1 25 | — | 34.9% | ||
| Q4 24 | -2613.4% | 36.0% | ||
| Q3 24 | -1065.0% | 36.1% | ||
| Q2 24 | -587.6% | 35.6% | ||
| Q1 24 | -289.4% | 35.6% |
| Q4 25 | -11795.9% | 6.3% | ||
| Q3 25 | 18.9% | 8.2% | ||
| Q2 25 | — | 4.3% | ||
| Q1 25 | -253.0% | 5.3% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | -130.8% | 9.0% | ||
| Q2 24 | -160.1% | 7.5% | ||
| Q1 24 | — | 7.1% |
| Q4 25 | -14298.3% | 4.9% | ||
| Q3 25 | 48.8% | 6.3% | ||
| Q2 25 | 338.9% | 3.4% | ||
| Q1 25 | -249.4% | 5.6% | ||
| Q4 24 | 5367.4% | 6.3% | ||
| Q3 24 | -94.8% | 6.8% | ||
| Q2 24 | -137.6% | 5.8% | ||
| Q1 24 | 204.1% | 5.5% |
| Q4 25 | $-4.25 | $0.53 | ||
| Q3 25 | $0.27 | $0.70 | ||
| Q2 25 | $1.84 | $0.34 | ||
| Q1 25 | $-1.55 | $0.53 | ||
| Q4 24 | $1.60 | $0.70 | ||
| Q3 24 | $-0.42 | $0.82 | ||
| Q2 24 | $-0.72 | $0.63 | ||
| Q1 24 | $1.26 | $0.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $547.1M | $107.7M |
| Total DebtLower is stronger | $3.6B | — |
| Stockholders' EquityBook value | $3.5B | $683.2M |
| Total Assets | $7.3B | $1.2B |
| Debt / EquityLower = less leverage | 1.04× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $547.1M | $107.7M | ||
| Q3 25 | $826.4M | $91.9M | ||
| Q2 25 | $109.5M | $93.0M | ||
| Q1 25 | $196.2M | $123.1M | ||
| Q4 24 | $391.8M | $91.1M | ||
| Q3 24 | $164.3M | $84.5M | ||
| Q2 24 | $256.0M | $69.5M | ||
| Q1 24 | $324.3M | $111.2M |
| 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 | — | — |
| Q4 25 | $3.5B | $683.2M | ||
| Q3 25 | $5.2B | $670.7M | ||
| Q2 25 | $4.8B | $653.6M | ||
| Q1 25 | $3.7B | $649.0M | ||
| Q4 24 | $4.1B | $635.7M | ||
| Q3 24 | $2.9B | $618.5M | ||
| Q2 24 | $2.6B | $597.8M | ||
| Q1 24 | $2.5B | $583.4M |
| Q4 25 | $7.3B | $1.2B | ||
| Q3 25 | $9.2B | $1.2B | ||
| Q2 25 | $7.7B | $1.1B | ||
| Q1 25 | $6.4B | $1.1B | ||
| Q4 24 | $6.8B | $1.1B | ||
| Q3 24 | $3.6B | $1.1B | ||
| Q2 24 | $3.1B | $1.1B | ||
| Q1 24 | $3.0B | $1.0B |
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-802.7M | $33.6M |
| Free Cash FlowOCF − Capex | $-1.2B | $19.7M |
| FCF MarginFCF / Revenue | -598.0% | 6.6% |
| Capex IntensityCapex / Revenue | 201.2% | 4.7% |
| Cash ConversionOCF / Net Profit | — | 2.30× |
| TTM Free Cash FlowTrailing 4 quarters | $-2.0B | $35.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-802.7M | $33.6M | ||
| Q3 25 | $-199.0M | $13.3M | ||
| Q2 25 | $-163.4M | $-9.6M | ||
| Q1 25 | $-215.5M | $44.5M | ||
| Q4 24 | $-677.0M | $17.3M | ||
| Q3 24 | $-160.1M | $23.7M | ||
| Q2 24 | $-115.2M | $17.1M | ||
| Q1 24 | $-88.3M | $53.4M |
| Q4 25 | $-1.2B | $19.7M | ||
| Q3 25 | $-283.9M | $2.2M | ||
| Q2 25 | $-282.4M | $-23.0M | ||
| Q1 25 | $-254.3M | $36.2M | ||
| Q4 24 | $-927.8M | $8.3M | ||
| Q3 24 | $-198.1M | $18.2M | ||
| Q2 24 | $-132.4M | $6.9M | ||
| Q1 24 | $-97.4M | $40.7M |
| Q4 25 | -598.0% | 6.6% | ||
| Q3 25 | -112.5% | 0.7% | ||
| Q2 25 | -118.4% | -8.3% | ||
| Q1 25 | -118.9% | 13.8% | ||
| Q4 24 | -432.8% | 2.7% | ||
| Q3 24 | -150.5% | 5.5% | ||
| Q2 24 | -91.2% | 2.3% | ||
| Q1 24 | -59.0% | 14.5% |
| Q4 25 | 201.2% | 4.7% | ||
| Q3 25 | 33.6% | 3.6% | ||
| Q2 25 | 49.9% | 4.8% | ||
| Q1 25 | 18.2% | 3.2% | ||
| Q4 24 | 117.0% | 3.0% | ||
| Q3 24 | 28.9% | 1.7% | ||
| Q2 24 | 11.9% | 3.4% | ||
| Q1 24 | 5.5% | 4.5% |
| Q4 25 | — | 2.30× | ||
| Q3 25 | -1.62× | 0.69× | ||
| Q2 25 | -0.20× | -1.03× | ||
| Q1 25 | — | 3.04× | ||
| Q4 24 | -1.28× | 0.90× | ||
| Q3 24 | — | 1.05× | ||
| Q2 24 | — | 0.99× | ||
| Q1 24 | -0.26× | 3.44× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.