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 Income Statement
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 | 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 |
Operating Revenue | 716.04 | 907.09 | 656.38 | 387.51 | 117.75 | 159.16 |
| 716.04 | 907.09 | 656.38 | 387.51 | 117.75 | 159.16 | |
Revenue Growth | -22.10% | 38.20% | 69.38% | 229.08% | -26.02% | 3553.04% |
Cost of Revenue | 482.44 | 471.28 | 355.44 | 212.32 | 72.72 | 27.49 |
Gross Profit | 233.6 | 435.81 | 300.94 | 175.19 | 45.04 | 131.67 |
Selling, General & Admin | 430.6 | 443.92 | 317.79 | 97.93 | 56.64 | 174.36 |
Research & Development | 21.47 | 30.12 | 13.23 | 2.81 | 0.1 | - |
Other Operating Expenses | 1,540 | 313.8 | -805.48 | -326.04 | 282.37 | -54.6 |
Operating Expenses | 2,636 | 1,450 | -45.27 | -45.73 | 417.82 | 134.66 |
Operating Income | -2,402 | -1,014 | 346.22 | 220.91 | -372.78 | -2.99 |
Interest Expense | -43.3 | -48.38 | -13 | -10.35 | -14.98 | -1.57 |
Interest & Investment Income | 46.6 | 55.86 | 16.71 | 2.81 | 1.02 | - |
Earnings From Equity Investments | -9.92 | -4.7 | -1.51 | -0.62 | - | - |
Other Non Operating Income (Expenses) | -462.73 | -104.97 | 288.78 | -17.42 | 0.26 | -0.29 |
EBT Excluding Unusual Items | -2,872 | -1,116 | 637.21 | 195.33 | -386.48 | -4.85 |
Merger & Restructuring Charges | -98.45 | -25.8 | - | - | - | - |
Impairment of Goodwill | -82.8 | -82.8 | - | - | - | - |
Gain (Loss) on Sale of Investments | 0.19 | 12.62 | 4.24 | - | - | - |
Gain (Loss) on Sale of Assets | - | - | - | - | 83.88 | - |
Asset Writedown | -158.68 | -136.73 | - | - | -333.85 | - |
Legal Settlements | -10.2 | - | - | - | -26.13 | - |
Other Unusual Items | 55.46 | -19.07 | -24.94 | 82.27 | -55.67 | - |
Pretax Income | -3,166 | -1,368 | 616.5 | 277.6 | -718.25 | -4.85 |
Income Tax Expense | -214.74 | -56.38 | 75.5 | 16.43 | -24.23 | 24.97 |
Earnings From Continuing Operations | -2,951 | -1,312 | 541.01 | 261.17 | -694.02 | -29.81 |
Minority Interest in Earnings | 6.84 | 0.41 | 0.25 | - | - | - |
Net Income | -2,945 | -1,311 | 541.25 | 261.17 | -694.02 | -29.81 |
Preferred Dividends & Other Adjustments | - | - | - | 2.12 | - | - |
Net Income to Common | -2,945 | -1,311 | 541.25 | 259.05 | -694.02 | -29.81 |
Net Income Growth | - | - | 108.94% | - | - | - |
Shares Outstanding (Basic) | 378 | 355 | 290 | 184 | 113 | 99 |
Shares Outstanding (Diluted) | 378 | 355 | 312 | 192 | 113 | 99 |
Shares Change | -13.63% | 13.89% | 62.17% | 69.47% | 14.22% | 22.02% |
EPS (Basic) | -7.79 | -3.69 | 1.87 | 1.41 | -6.12 | -0.30 |
EPS (Diluted) | -7.81 | -3.69 | 1.72 | 1.06 | -6.12 | -0.30 |
EPS Growth | - | - | 62.77% | - | - | - |
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 |
Free Cash Flow | -1,185 | -1,363 | -1,745 | -502.2 | -701.43 | -727.88 |
Free Cash Flow Per Share | -3.13 | -3.84 | -5.60 | -2.61 | -6.18 | -7.33 |
Gross Margin | 32.62% | 48.05% | 45.85% | 45.21% | 38.25% | 82.73% |
Operating Margin | -335.50% | -111.82% | 52.75% | 57.01% | -316.58% | -1.88% |
Profit Margin | -411.23% | -144.58% | 82.46% | 66.85% | -589.39% | -18.73% |
Free Cash Flow Margin | -165.43% | -150.26% | -265.88% | -129.60% | -595.68% | -457.32% |
EBITDA | -1,758 | -352.03 | 775.4 | 406.45 | -294.07 | 11.92 |
EBITDA Margin | -245.54% | -38.81% | 118.13% | 104.89% | -249.73% | 7.49% |
D&A For EBITDA | 644.18 | 662.26 | 429.19 | 185.54 | 78.71 | 14.9 |
EBIT | -2,402 | -1,014 | 346.22 | 220.91 | -372.78 | -2.99 |
EBIT Margin | - | -111.82% | 52.75% | 57.01% | - | -1.88% |
Effective Tax Rate | - | - | 12.25% | 5.92% | - | - |