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MARA · MARA Holdings, Inc.

$11.67 +0.98 (+9.17%) At close · Jul 20
Market Cap
$4.45B
Shares
381.27M

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue
$907.09M +38.2%
FY2025 Revenue FY2012–FY2025
Net Income
-$1.31B -342.3%
FY2025 Net Income FY2011–FY2025
Gross Margin
-28.59% -102pp
FY2022 Gross Margin FY2021–FY2022
Operating Margin
-134.96% -181.6pp
FY2025 Operating Margin FY2012–FY2025
Diluted EPS
-$3.69 -314.5%
FY2025 Diluted EPS FY2014–FY2025
Operating Cash Flow
-$802.73M -18.6%
FY2025 Operating Cash Flow FY2011–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
$867.82M $907.09M $656.38M $387.51M $117.75M $159.16M $4.36M $1.19M $1.56M $519.62K $36.63M $18.98M $21.4M $3.42M $724.09K
$815.75M $402.85M $151.42M $42.4M $7M $2.48M $3.35M $3.47M $26.52M $16.6M $11.79M $957.04K
-$33.67M $116.77M
-28.59% 73.36%
$29.07M $30.12M $13.23M $2.81M $98K
$350.93M $349.94M $253.96M $83.61M $56.64M $174.36M $6.4M $465.78K $1.37M $831K $840.18K $1.14M $545.48K $544.34K $303.47K $32.9K
$900K $22.9M $0 $0 $71.18K $71.18K $71.18K $66.02K $1.82M $7.45M $10.83M $5.52M $1.04M $8773
$772.77M $429.19M $185.54M $78.71M $14.9M $3.06M $10.83M $5.53M $1.04M $8773
-$465.48M -$236.25M $639.87M $119.76M $7.26M $5.42M $13.64M $14.7M $52.21M $44.66M $27.61M $7.09M $5.54M $32.9K
-$111.35K -$1.56M
-$1.74B -$1.22B $306.11M $220.91M -$673.54M -$2.99M -$9.82M -$4.24M -$12.08M -$14.18M -$15.58M -$25.68M -$6.21M -$3.68M -$5.54M -$32.9K
-134.96% 46.64% 57.01% -572% -1.88% -225.34% -357.66% -772.95% -2729.58% -42.54% -135.32% -29% -107.52% -765.23%
-$451.48M $735.3M $406.45M -$594.83M $11.92M -$6.75M -$14.86M -$678.45K -$2.64M -$5.53M
$49.16M $48.38M $13M $10.35M $14.98M $1.57M $21K $51.92K $81.48K $1.31M $3.14M $4.25M $543.28K $1075 $153
$54.39M $55.86M $16.71M $2.81M $1.02M $677.42K $18.34K $33.65K $14.23K $2793 $4353 $1068 $634 $1552 $978
-$264.3M -$144.02M $310.39M $56.69M $262K $71.93M -$612.27K $722.05K -$668.85K -$3.17M -$1.73M $584.13K -$588.63K -$38.34K $13.33K
-$6.86M -$4.7M -$1.51M -$617K $0 $0
$12.62M $4.24M $0 $0
-$2.01B -$1.37B $616.5M $277.6M -$718.25M -$4.85M -$10.45M -$3.52M -$12.75M -$31.44M -$17.31M -$25.1M -$6.8M -$3.71M -$5.53M -$32.9K
$31.86M -$56.38M $75.5M $16.43M -$24.23M $24.97M $2000 $69.13K -$103.95K $11.52M -$8.16M -$4.91M
-$2.04B -$1.31B $541.25M $261.17M -$694.02M -$29.81M -$10.45M -$3.52M -$12.81M -$31.33M -$28.67M -$16.94M -$3.15M -$3.45M -$6.93M -$32.9K
-144.58% 82.46% 67.4% -589.39% -18.73% -239.8% -296.74% -820.18% -6030.07% -78.26% -89.26% -14.73% -100.94% -956.76%
-$2.95M -$412K -$245K $0 $0 -$163.85K $10.5K
-$2.04B -$1.31B $541.25M $259.05M -$694.02M -$29.81M -$10.45M
$261.17M -$694.02M -$30.26M -$10.45M -$3.52M -$12.81M -$30.72M -$28.46M -$17.82M -$3.54M -$3.46M -$6.93M
USD/shares -$3.69 $1.87 $1.41 -$6.12 -$0.30 -$0.13 -$0.53 -$1.89 -$1.19 -$0.27
USD/shares -$3.69 $1.72 $1.06 -$6.12 -$0.30 -$0.13 -$0.53 -$1.89 -$1.19 -$0.27
shares 355.17M 289.96M 183.86M 113.47M 99.34M 81.41M 6.66M 5.32M 6.52M 15.18M 14.21M 11.66M 9.21M 2.79M
shares 355.17M 311.84M 192.29M 113.47M 99.34M 81.41M 6.66M 5.32M 6.52M 15.18M 14.21M 11.66M 9.21M 2.79M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2022–FY2025: $84.71M in buybacks.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
7.32×
Capital Markets median 9.90×
EV/EBIT
P/E (TTM)
Capital Markets median 19.15×

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Product & Service (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021
Participant $44,831,000 $32,002,000 $25,101,000 $4,652,000 $20,903,000
Operator Transaction Fees $9,205,000 $32,884,000 $32,598,000 $5,231,000 $3,317,000
Hosting Services $4,668,000 $31,638,000 $0 $0
Key facts CIK 1507605 CUSIP 565788106 13F (30d) 58 filings 58 filers Visit website Investor relations