MARA Q1 2023 Earnings — Marathon Digital Holdings, Inc. Revenue & Financial Results | Market Cap Arena

MARAMarathon Digital Holdings, Inc.

$3B

Q1 2023 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$51M-1.1% YoY

Gross Profit

$22,0000.0% margin

Operating Income

$122M238.7% margin

Net Income

$119M232.1% margin

EPS (Diluted)

$0.72

QoQ Revenue Growth

+79.9%

Cash Flow

Operating Cash Flow

-$29M

Free Cash Flow

-$46M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$758M

Stockholders' Equity

$546M

Cash & Equivalents

$125M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$51M	$52M	-1.1%
Gross Profit	$22,000	$25M	-99.9%
Operating Income	$122M	-$15M	+939.2%
Net Income	$119M	-$13M	+1023.7%