Saturday 17 October 2026
Export MARA’s income statement to Excel — free account
Marathon Digital Holdings, Inc.
MARA Financial Capital Markets
Marathon Digital Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $907.1 million, up 38.2% from fiscal 2024. In the quarter to June 2026, revenue fell 26.7%, EPS fell 169.9%, free cash flow grew 85.6% and total debt fell 19.9%, each against the same quarter a year earlier. Revenue growth for three consecutive years.
7.53
0.80
−9.60%
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| Older periods | Sep '25 | Dec '25 | Mar '26 | Jun '26 | |
|---|---|---|---|---|---|
P/E ratio |
+8 more quarters Free account |
6.58 | 0.00 | 0.00 | 0.00 |
P/S ratio |
7.39 | 3.52 | 3.57 | 6.59 | |
P/FCF ratio |
0.00 | 0.00 | 0.00 | 0.00 | |
P/Operating CF |
(34.13) | (14.19) | (12.53) | (23.68) | |
P/B ratio |
1.31 | 0.92 | 1.38 | 3.16 | |
Price to Tangible BV |
1.33 | 0.92 | 1.47 | 3.43 | |
EV/Sales |
10.39 | 6.82 | 5.70 | 8.64 | |
EV/EBITDA |
8.28 | 0.00 | 0.00 | 0.00 | |
EV/Operating CF |
(10.72) | (7.70) | (5.93) | (7.77) | |
EV/FCF |
(6.66) | (4.66) | (3.21) | (5.45) | |
Quick Ratio |
1.91 | 1.11 | 1.67 | 0.78 | |
Current Ratio |
2.09 | 1.27 | 1.84 | 0.89 | |
Net Debt/EBITDA |
14.63 | (2.95) | (2.12) | (4.77) | |
Debt/Assets |
39.34% | 48.80% | 47.93% | 47.97% | |
Debt/Equity |
0.70 | 1.02 | 1.06 | 1.24 | |
Asset Turnover |
0.14 | 0.13 | 0.15 | 0.13 | |
Operating CF/Net income |
(1.62) | 0.13 | 0.20 | 0.37 | |
Capex/Depreciation |
(0.60) | (0.42) | (1.44) | 1.05 | |
Interest Coverage |
3.73 | (109.81) | (99.02) | (83.18) | |
Research and Development Expense of Revenue |
3.45% | 1.76% | 4.72% | 4.10% | |
Selling, General and Administrative Expense of Revenue |
33.79% | 42.43% | 49.74% | 65.59% | |
Intangible Assets out of Total Assets |
0.01 | 0.00 | 0.03 | 0.03 | |
Share Based Compensation of Revenue |
15.24% | 14.86% | 17.47% | 26.69% | |
Graham Net Nets |
(0.44) | (0.99) | (0.67) | (0.40) | |
Graham Number |
29.46 | 0.00 | 0.00 | 0.00 | |
Earnings Yield |
15.19% | (38.42%) | (63.85%) | (65.51%) | |
Free Cash Flow Yield |
(21.13%) | (41.58%) | (49.74%) | (24.08%) | |
Revenue per Share |
0.68 | 0.57 | 0.46 | 0.46 | |
Operating CF per Share |
(0.53) | (0.63) | (0.65) | (0.59) | |
Capex per Share |
(0.23) | (0.46) | (0.73) | 0.48 | |
Free Cash Flow per Share |
(0.76) | (1.10) | (1.38) | (0.11) | |
Cash per Share |
2.26 | 1.58 | 1.39 | 1.14 | |
Shareholders Equity per Share |
13.91 | 9.79 | 5.91 | 4.39 | |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | |
Book value per Share |
13.91 | 9.79 | 5.91 | 4.39 | |
Free Cash Flow |
(283.90) | (389.22) | (523.71) | (40.63) | |
Working Capital |
502.55 | 142.39 | 279.64 | (64.63) | |
Capital Expenditures |
(84.85) | (164.47) | (276.22) | 183.14 | |
Net Current Asset Value |
(3,016.44) | (3,145.54) | (2,089.94) | (2,144.76) | |
EV/EBIT |
18.12 | 0.00 | 0.00 | 0.00 | |
Capex to Sales |
0.34 | 0.81 | 1.58 | (1.05) | |
Price to Operating Income |
12.88 | 0.00 | 0.00 | 0.00 | |
| Other line items | |||||
Average Receivables |
17.96 | 12.44 | 17.14 | 29.26 | |
Average Payables |
12.00 | 12.55 | 7.17 | 10.16 | |
Average Assets |
6,366.76 | 7,044.11 | 5,696.86 | 6,035.17 | |
Average Common Equity |
4,015.30 | 3,806.52 | 2,988.45 | 3,236.58 |
Columns are period end dates