MARA Q2 2025 Earnings — Marathon Digital Holdings, Inc. Revenue & Financial Results | Market Cap Arena

MARAMarathon Digital Holdings, Inc.

$3B

Q2 2025 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$238M+64.3% YoY

Gross Profit

$197M82.5% margin

Operating Income

$680M285.0% margin

Net Income

$808M338.9% margin

EPS (Diluted)

$1.84

QoQ Revenue Growth

+11.5%

Cash Flow

Operating Cash Flow

-$163M

Free Cash Flow

-$282M

Stock-Based Comp.

$55M

Balance Sheet

Total Assets

$7.7B

Total Liabilities

$2.9B

Stockholders' Equity

$4.8B

Cash & Equivalents

$109M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$238M	$145M	+64.3%
Gross Profit	$197M	$51M	+283.9%
Operating Income	$680M	-$232M	+392.5%
Net Income	$808M	-$200M	+504.8%

Revenue Segments

Hosting Services

$1M100%