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) Operating cash flow
Marathon Digital Holdings, Inc.'s operating cash flow for fiscal 2025 was −$802.7M, compared with −$677.0M in fiscal 2024. Over the twelve months to 30 June 2026 it was −$895.1M. Over the past ten years it has ranged from −$802.7M (fiscal 2025) to $10.2M (fiscal 2016) — the current reading is the lowest in ten years. Operating cash flow has fallen for 6 consecutive fiscal years. Marathon Digital Holdings, Inc. ranks 90th of 92 Capital Markets companies by operating cash flow.
Operating cash flow, annual
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Annual newest first
| Period | Operating cash flow | Change |
|---|---|---|
| FY2025 | −$802.7M | — |
| FY2024 | −$677.0M | — |
| FY2023 | −$315.7M | — |
| FY2022 | −$176.5M | — |
| FY2021 | −$19.0M | — |
| FY2020 | −$7.8M | — |
| FY2019 | −$3.3M | — |
| FY2018 | −$8.2M | — |
| FY2017 | −$10.8M | — |
| FY2016 | $10.2M | — |
Quarterly newest first
| Period | Operating cash flow | Change |
|---|---|---|
| Jun 2026 | −$223.8M | — |
| Mar 2026 | −$247.5M | — |
| Dec 2025 | −$224.7M | — |
| Sep 2025 | −$199.0M | — |
| 42 more quarters | Free account |
Against its own ten years
Operating cash flow against peers
| Company | Operating cash flow |
|---|---|
| PJT PJT Partners Inc. compare | $713.0M |
| LAZ Lazard, Inc. compare | $700.3M |
| ETOR eToro Group Ltd. compare | $310.7M |
| MIAX Miami International Holdings, Inc. compare | $253.7M |
| PURR Hyperliquid Strategies Inc compare | −$18.5M |
| IOND Ionic Digital Inc. compare | −$97.2M |
| CLSK Cleanspark, Inc. compare | −$528.7M |
| MARA Marathon Digital Holdings, Inc. | −$895.1M |
| LCLN Lincoln International Inc. compare | — |
What Operating cash flow is
Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free 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
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