MARA Holdings, Inc. (MARA)
NASDAQ: MARA · Real-Time Price · USD
6.99
-0.21 (-2.92%)
At close: Nov 13, 2026, 4:00 PM EST
6.86
-0.13 (-1.91%)
After-hours: Nov 13, 2026, 7:59 PM EST
MARA Holdings Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 | 946.55 | 547.13 | 391.77 | 357.31 | 103.71 | 268.56 |
Cash & Short-Term Investments | 946.55 | 547.13 | 391.77 | 357.31 | 103.71 | 268.56 |
Cash Growth | 14.54% | 39.66% | 9.64% | 244.55% | -61.38% | 90.03% |
Other Receivables | 29.47 | 18.54 | 6.35 | - | 0.02 | 26.93 |
Receivables | 29.47 | 18.54 | 6.35 | - | 0.02 | 26.93 |
Prepaid Expenses | 44 | 44.33 | 35.61 | 25.59 | 40.83 | 35.15 |
Restricted Cash | 12 | 12 | 12 | - | 8.8 | - |
Other Current Assets | 40.7 | 42.27 | 24.65 | 646.9 | 124.19 | 353.6 |
Total Current Assets | 1,073 | 664.27 | 470.37 | 1,030 | 277.55 | 684.24 |
Property, Plant & Equipment | 1,168 | 1,512 | 1,558 | 672.22 | 274.3 | 276.24 |
Long-Term Investments | 149.91 | 133.81 | 111.49 | 106.29 | 37 | 3 |
Goodwill | 88.89 | - | 82.75 | - | - | - |
Other Intangible Assets | 38.78 | 0.99 | 2.71 | - | - | 0.93 |
Other Long-Term Assets | 3,158 | 4,976 | 4,576 | 182.66 | 606.39 | 479.92 |
Total Assets | 5,677 | 7,287 | 6,801 | 1,991 | 1,195 | 1,444 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Accounts Payable | 14.79 | 12.55 | 12.56 | 11.34 | 1.31 | 7.77 |
Accrued Expenses | 79.81 | 86.99 | 76.89 | 22.29 | 23.31 | 3.48 |
Current Portion of Long-Term Debt | 335.67 | 397.85 | - | - | - | - |
Current Portion of Leases | 4.53 | 1.9 | 0.41 | 0.12 | 0.33 | - |
Other Current Liabilities | 29.28 | 22.6 | 5.35 | - | 1.17 | - |
Total Current Liabilities | 464.07 | 521.88 | 95.2 | 33.76 | 26.12 | 11.25 |
Long-Term Debt | 2,684 | 3,202 | 2,447 | 325.65 | 782.17 | 728.41 |
Long-Term Leases | 55.96 | 43.53 | 26.69 | 0.35 | 1.02 | - |
Long-Term Deferred Tax Liabilities | 5.89 | 29.86 | 88.5 | 15.29 | - | 22.58 |
Other Long-Term Liabilities | 16.4 | 12.46 | 8.41 | - | - | - |
Total Liabilities | 3,226 | 3,810 | 2,665 | 375.05 | 809.3 | 762.23 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Common Stock | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.01 |
Additional Paid-In Capital | 4,934 | 4,810 | 4,155 | 2,184 | 1,226 | 835.69 |
Retained Earnings | -2,573 | -1,338 | -26.39 | -567.64 | -840.34 | -153.6 |
Comprehensive Income & Other | -6.4 | - | - | - | - | - |
Total Common Equity | 2,354 | 3,472 | 4,129 | 1,616 | 385.94 | 682.1 |
Minority Interest | 96.23 | 5.37 | 6.91 | - | - | - |
Shareholders' Equity | 2,451 | 3,477 | 4,136 | 1,616 | 385.94 | 682.1 |
Total Liabilities & Equity | 5,677 | 7,287 | 6,801 | 1,991 | 1,195 | 1,444 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Total Debt | 3,080 | 3,645 | 2,474 | 326.13 | 783.51 | 728.41 |
Net Cash (Debt) | -2,133 | -3,098 | -2,082 | 31.18 | -679.81 | -459.85 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -5.65 | -8.72 | -6.68 | 0.16 | -5.99 | -4.63 |
Filing Date Shares Outstanding | 387.41 | 380.23 | 345.82 | 267.64 | 167.25 | 103.05 |
Total Common Shares Outstanding | 386.88 | 379.46 | 340.26 | 242.83 | 145.57 | 102.73 |
Working Capital | 608.64 | 142.39 | 375.18 | 996.05 | 251.43 | 672.99 |
Book Value Per Share | 6.09 | 9.15 | 12.13 | 6.65 | 2.65 | 6.64 |
Tangible Book Value | 2,227 | 3,471 | 4,044 | 1,616 | 385.94 | 681.17 |
Tangible Book Value Per Share | 5.76 | 9.15 | 11.88 | 6.65 | 2.65 | 6.63 |
Land | 0.86 | 0.66 | 0.63 | - | - | - |
Buildings | 92.4 | 91.49 | 86.88 | - | - | - |
Machinery | 2,209 | 2,350 | 1,831 | 862.06 | 116.63 | 163.87 |
Construction In Progress | 26.91 | 75.65 | 71.4 | - | 171.19 | 133.57 |