MARA Q4 2025 Earnings — Marathon Digital Holdings, Inc. Revenue & Financial Results | Market Cap Arena

MARAMarathon Digital Holdings, Inc.

$3B

Q4 2025 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$202M-5.6% YoY

Gross Profit

-$241M-119.2% margin

Operating Income

-$332M-164.0% margin

Net Income

-$1.7B-845.0% margin

EPS (Diluted)

$-4.81

QoQ Revenue Growth

-19.8%

Cash Flow

Operating Cash Flow

$673M

Free Cash Flow

$508M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6.6B

Total Liabilities

$3.9B

Stockholders' Equity

$3.5B

Cash & Equivalents

$547M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$202M	$214M	-5.6%
Gross Profit	-$241M	-$53M	-356.8%
Operating Income	-$332M	$341M	-197.3%
Net Income	-$1.7B	$529M	-423.5%

Revenue Segments

Hosting Services

$1M100%