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

Marathon Digital Holdings, Inc. (MARA) Revenue growth

Alert me on Revenue growth

Marathon Digital Holdings, Inc.'s revenue growth over the twelve months to 30 June 2026 was 0.73%, down 37.5 percentage points from fiscal 2025 (38.2%). Over the past ten years it has ranged from −98.6% (fiscal 2017) to 3,553.0% (fiscal 2021); the current reading is higher than 45% of that period. That is below the Capital Markets industry median of 19.7% and below the Financial sector median of 7.33%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 38.2% (31.18)
FY2024 69.4% (159.71)
FY2023 229.1% 255.11
FY2022 −26.0% (3,579.06)
FY2021 3,553.0% 3,285.42
FY2020 267.6% 291.76
FY2019 −24.1% (224.83)
FY2018 200.7% 299.27
FY2017 −98.6% (191.59)
FY2016 93.0% 104.35

Quarterly newest first

Period Revenue growth Change (points)
Jun 2026 −26.7% (8.31)
Mar 2026 −18.4% (12.73)
Dec 2025 −5.63% (97.36)
Sep 2025 91.7% 27.42
42 more quarters

Against its own ten years

Low −98.6% High 3,553.0%
Ten-year median 69.4%
Current reading's percentile 45

Revenue growth against peers

Company Revenue growth
PURR Hyperliquid Strategies Inc compare 2,702.3%
MIAX Miami International Holdings, Inc. compare 18.2%
PJT PJT Partners Inc. compare 10.2%
LAZ Lazard, Inc. compare 9.18%
CLSK Cleanspark, Inc. compare 7.49%
MARA Marathon Digital Holdings, Inc. 0.73%
ETOR eToro Group Ltd. compare −9.93%
IOND Ionic Digital Inc. compare —
LCLN Lincoln International Inc. compare —
Capital Markets industry median 19.7%
Financial sector median 7.33%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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