stockrowMarathon 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
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Marathon Digital Holdings, Inc. (MARA) EBITDA
Marathon Digital Holdings, Inc.'s EBITDA for fiscal 2025 was −$342.5M, compared with $735.3M in fiscal 2024. Over the twelve months to 30 June 2026 it was −$2.0B. Over the past ten years it has ranged from −$568.1M (fiscal 2022) to $735.3M (fiscal 2024); the current reading is higher than 18% of that period. Marathon Digital Holdings, Inc. ranks 82nd of 83 Capital Markets companies by EBITDA.
EBITDA, annual
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Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2025 | −$342.5M | — |
| FY2024 | $735.3M | 80.91% |
| FY2023 | $406.5M | — |
| FY2022 | −$568.1M | — |
| FY2021 | $11.9M | — |
| FY2020 | −$6.8M | — |
| FY2019 | −$3.2M | — |
| FY2018 | −$7.7M | — |
| FY2017 | −$6.1M | — |
| FY2016 | $8.2M | — |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Jun 2026 | −$346.4M | — |
| Mar 2026 | −$869.9M | — |
| Dec 2025 | −$1.0B | — |
| Sep 2025 | $188.7M | (78.26%) |
| 42 more quarters | Free account |
Against its own ten years
EBITDA against peers
| Company | EBITDA |
|---|---|
| LAZ Lazard, Inc. compare | $806.0M |
| PJT PJT Partners Inc. compare | $430.1M |
| ETOR eToro Group Ltd. compare | $370.7M |
| MIAX Miami International Holdings, Inc. compare | $198.1M |
| IOND Ionic Digital Inc. compare | $18.8M |
| PURR Hyperliquid Strategies Inc compare | −$98.1M |
| CLSK Cleanspark, Inc. compare | −$452.2M |
| MARA Marathon Digital Holdings, Inc. | −$2.0B |
| LCLN Lincoln International Inc. compare | — |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement