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Friday 6 November 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.

Revenue
−26.7%
EPS
−169.9%
Free cash flow
+85.6%
Total debt
−19.9%

Quarter to June 2026, against a year earlier

6.03 0.84 −12.23%
Market cap
$2.3B
P/E
0.0×
Fwd P/E
−1.3×
Dividend yield
—
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Marathon Digital Holdings, Inc. (MARA) Current ratio

Alert me on Current ratio

Marathon Digital Holdings, Inc.'s current ratio at the end of the quarter to 30 June 2026 was 0.9×, down 0.4× from fiscal 2025 (1.3×). Over the past ten years it has ranged from 0.3× (fiscal 2016) to 198× (fiscal 2020); the current reading is higher than 36% of that period. That is below the Capital Markets industry median of 1.5× and below the Financial sector median of 1.0×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 1.3× (74.24%)
FY2024 4.9× (83.80%)
FY2023 30.5× 187.03%
FY2022 10.6× (82.53%)
FY2021 60.8× (69.34%)
FY2020 198× 24,499.68%
FY2019 0.8× (39.19%)
FY2018 1.3× (32.40%)
FY2017 2.0× 627.17%
FY2016 0.3× (4.29%)

Quarterly newest first

Period Current ratio Change
Jun 2026 0.9× (51.68%)
Mar 2026 1.8× 44.85%
Dec 2025 1.3× (39.22%)
Sep 2025 2.1× 290.53%
42 more quarters

Against its own ten years

Low 0.3× High 198×
Ten-year median 2.0×
Current reading's percentile 36

Current ratio against peers

Company Current ratio
IOND Ionic Digital Inc. compare 24.4×
PURR Hyperliquid Strategies Inc compare 18.2×
CLSK Cleanspark, Inc. compare 5.9×
ETOR eToro Group Ltd. compare 4.0×
MIAX Miami International Holdings, Inc. compare 3.1×
LAZ Lazard, Inc. compare 2.7×
PJT PJT Partners Inc. compare 2.1×
LCLN Lincoln International Inc. compare 1.8×
MARA Marathon Digital Holdings, Inc. 0.9×
Capital Markets industry median 1.5×
Financial sector median 1.0×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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