MARA Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	525.65	559.13	403.77	357.31	112.51	268.56
Cash & Short-Term Investments	525.65	559.13	403.77	357.31	112.51	268.56
Cash Growth	152.46%	38.48%	13.00%	217.60%	-58.11%	90.03%
Other Receivables	25.64	18.54	6.35	-	0.02	26.93
Total Trade Receivables	25.64	18.54	6.35	-	0.02	26.93
Other Current Assets	59.81	86.6	60.26	672.49	165.03	388.75
Total Current Assets	611.11	664.27	470.37	1,030	277.55	684.24
Net Property, Plant & Equipment	1,440	1,523	1,566	672.22	274.3	276.24
Other Intangible Assets	43.12	0.99	2.71	-	-	0.93
Goodwill	90.49	-	82.75	-	-	-
Long-Term Investments	131.83	133.81	111.49	106.29	37	3
Other Long-Term Assets	2,632	4,965	4,568	182.66	606.39	1,240
Total Assets	4,949	7,287	6,801	1,991	1,195	1,444
Accounts Payable	7.84	12.55	12.56	11.34	1.31	7.77
Accrued Expenses	105.03	86.99	76.89	22.29	23.31	3.48
Short-Term Debt	150	350	-	-	-	-
Current Portion of Long-Term Debt	47.91	47.85	-	-	-	-
Current Portion of Leases	2.79	1.9	0.41	0.12	0.33	-
Other Current Liabilities	17.89	22.6	5.35	-	1.17	-
Total Current Liabilities	331.47	521.88	95.2	33.76	26.12	11.25
Long-Term Debt	2,218	3,202	2,447	325.65	782.17	728.41
Long-Term Leases	45	43.53	26.69	0.35	1.02	-
Other Long-Term Liabilities	21.3	42.32	96.91	15.29	-	22.58
Total Long-Term Liabilities	2,285	3,288	2,570	341.29	783.19	750.98
Total Liabilities	2,616	3,810	2,665	375.05	809.3	762.23
Common Stock	0.04	0.04	0.03	0.02	0.02	0.01
Additional Paid-in Capital	4,834	4,810	4,155	2,184	1,226	835.69
Accumulated Other Comprehensive Income	-4.54	-	-	-	-	-
Retained Earnings	-2,597	-1,338	-26.39	-567.64	-840.34	-153.6
Total Common Shareholders' Equity	2,232	3,472	4,129	1,616	385.94	682.1
Minority Interest	101.27	-	-	-	-	-
Shareholders' Equity	2,333	3,472	4,129	1,616	385.94	682.1
Total Liabilities & Equity	4,949	7,282	6,794	1,991	1,195	1,444
Total Debt	2,464	3,645	2,474	326.13	783.51	728.41
Net Cash (Debt)	-1,938	-3,086	-2,070	31.18	-671.01	-459.85
Net Cash Per Share	-4.64	-8.69	-6.64	0.16	-5.91	-4.63
Book Value	2,232	3,472	4,129	1,616	385.94	682.1
Book Value Per Share	5.35	9.77	13.24	8.40	3.40	6.87
Tangible Book Value	2,098	3,471	4,044	1,616	385.94	681.17
Tangible Book Value Per Share	5.03	9.77	12.97	8.40	3.40	6.86

Updated May 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q