MARA Q2 2023 Earnings — Marathon Digital Holdings, Inc. Revenue & Financial Results | Market Cap Arena

MARAMarathon Digital Holdings, Inc.

$3B

Q2 2023 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$82M+228.0% YoY

Gross Profit

-$11M-13.1% margin

Operating Income

-$6M-7.4% margin

Net Income

-$9M-11.0% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+59.9%

Cash Flow

Operating Cash Flow

-$51M

Free Cash Flow

-$57M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$763M

Stockholders' Equity

$610M

Cash & Equivalents

$114M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$25M	+228.0%
Gross Profit	-$11M	-$16M	+34.8%
Operating Income	-$6M	-$198M	+96.9%
Net Income	-$9M	-$213M	+95.8%