MARA Q3 2024 Earnings — Marathon Digital Holdings, Inc. Revenue & Financial Results | Market Cap Arena

MARAMarathon Digital Holdings, Inc.

$3B

Q3 2024 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$132M+34.5% YoY

Gross Profit

-$67M-50.9% margin

Operating Income

-$172M-130.8% margin

Net Income

-$125M-94.8% margin

EPS (Diluted)

$-0.42

QoQ Revenue Growth

-9.3%

Cash Flow

Operating Cash Flow

-$441M

Free Cash Flow

-$479M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$725M

Stockholders' Equity

$2.9B

Cash & Equivalents

$164M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$132M	$98M	+34.5%
Gross Profit	-$67M	-$15M	-337.2%
Operating Income	-$172M	-$80M	-114.8%
Net Income	-$125M	-$390,000	-31897.2%

Revenue Segments

Hosting Services

$341,000100%