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 margin
Marathon Digital Holdings, Inc.'s operating margin over the twelve months to 30 June 2026 was −366.3%, down 231.3 percentage points from fiscal 2025 (−135.0%). Over the past ten years it has ranged from −2,729.7% (fiscal 2017) to 57.0% (fiscal 2023); the current reading is higher than 64% of that period. That is below the Capital Markets industry median of 0.00% and below the Financial sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | −135.0% | (181.60) |
| FY2024 | 46.6% | (10.37) |
| FY2023 | 57.0% | 629.01 |
| FY2022 | −572.0% | (570.12) |
| FY2021 | −1.88% | 223.46 |
| FY2020 | −225.3% | 132.33 |
| FY2019 | −357.7% | 415.26 |
| FY2018 | −772.9% | 1,956.77 |
| FY2017 | −2,729.7% | (2,687.16) |
| FY2016 | −42.5% | 92.78 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | −298.0% | 309.95 |
| Mar 2026 | −607.9% | 89.30 |
| Dec 2025 | −697.2% | (716.06) |
| Sep 2025 | 18.9% | (266.19) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| PJT PJT Partners Inc. compare | 20.5% |
| MIAX Miami International Holdings, Inc. compare | 10.9% |
| LAZ Lazard, Inc. compare | 8.12% |
| ETOR eToro Group Ltd. compare | 3.00% |
| IOND Ionic Digital Inc. compare | −14.1% |
| CLSK Cleanspark, Inc. compare | −131.6% |
| MARA Marathon Digital Holdings, Inc. | −366.3% |
| PURR Hyperliquid Strategies Inc compare | −2,473.0% |
| LCLN Lincoln International Inc. compare | — |
| Capital Markets industry median | 0.00% |
| Financial sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on MARA
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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