MARA Q3 2025 Earnings — Marathon Digital Holdings, Inc. Revenue & Financial Results | Market Cap Arena

MARAMarathon Digital Holdings, Inc.

$3B

Q3 2025 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$252M+91.7% YoY

Gross Profit

$209M82.9% margin

Operating Income

$48M18.9% margin

Net Income

$123M48.8% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

-$199M

Free Cash Flow

-$284M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$9.2B

Total Liabilities

$4.0B

Stockholders' Equity

$5.2B

Cash & Equivalents

$826M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$252M	$132M	+91.7%
Gross Profit	$209M	-$67M	+412.4%
Operating Income	$48M	-$172M	+127.6%
Net Income	$123M	-$125M	+198.7%

Revenue Segments

Hosting Services

$1M100%