MARA Q1 2024 Earnings — Marathon Digital Holdings, Inc. Revenue & Financial Results | Market Cap Arena

MARAMarathon Digital Holdings, Inc.

$3B

Q1 2024 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$165M+223.1% YoY

Gross Profit

$159M96.3% margin

Operating Income

$370M223.8% margin

Net Income

$337M204.1% margin

EPS (Diluted)

$1.26

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$56M

Free Cash Flow

$47M

Stock-Based Comp.

$52M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$480M

Stockholders' Equity

$2.5B

Cash & Equivalents

$324M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$165M	$51M	+223.1%
Gross Profit	$159M	$22,000	+723127.3%
Operating Income	$370M	$122M	+202.8%
Net Income	$337M	$119M	+184.1%

Revenue Segments

Hosting Services

$21M100%