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