MARA HOLDINGS, INC. (MARA)

10.67 -10.11% (-1.20)

Over 1M: -5.7%

2026-08-28
Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles need the day’s open, high and low. Those are being collected now — a company shows them once its history has been refreshed.

9 10 11 12
31 Jul 5 Aug 10 Aug 13 Aug 18 Aug 21 Aug 26 Aug

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Revenue: 51.7M Q3 '21 — Operating Cash Flow: -37.6M Q3 '21 — Net Income: -22.2M Q4 '21 — Revenue: 69M Q4 '21 — Net Income: 17.9M Q1 '22 — Revenue: 51.7M Q1 '22 — Operating Cash Flow: -26.1M Q1 '22 — Net Income: -17.1M Q2 '22 — Revenue: 24.9M Q2 '22 — Operating Cash Flow: -14.8M Q2 '22 — Net Income: -212.6M Q3 '22 — Revenue: 12.7M Q3 '22 — Operating Cash Flow: -42.9M Q3 '22 — Net Income: -72.5M Q4 '22 — Revenue: 28.4M Q4 '22 — Operating Cash Flow: -92.7M Q4 '22 — Net Income: -392.7M Q1 '23 — Revenue: 51.1M Q1 '23 — Operating Cash Flow: -91.5M Q1 '23 — Net Income: 118.7M Q2 '23 — Revenue: 81.8M Q2 '23 — Operating Cash Flow: -51.4M Q2 '23 — Net Income: -9M Q3 '23 — Revenue: 97.8M Q3 '23 — Operating Cash Flow: -81.6M Q3 '23 — Net Income: -390K Q4 '23 — Revenue: 156.8M Q4 '23 — Operating Cash Flow: -91.2M Q4 '23 — Net Income: 151.8M Q1 '24 — Revenue: 165.2M Q1 '24 — Operating Cash Flow: -88.3M Q1 '24 — Net Income: 337.2M Q2 '24 — Revenue: 145.1M Q2 '24 — Operating Cash Flow: -115.2M Q2 '24 — Net Income: -199.7M Q3 '24 — Revenue: 131.6M Q3 '24 — Operating Cash Flow: -160.1M Q3 '24 — Net Income: -124.8M Q4 '24 — Revenue: 214.4M Q4 '24 — Operating Cash Flow: -313.4M Q4 '24 — Net Income: 528.5M Q1 '25 — Revenue: 213.9M Q1 '25 — Operating Cash Flow: -215.5M Q1 '25 — Net Income: -533.4M Q2 '25 — Revenue: 238.5M Q2 '25 — Operating Cash Flow: -163.4M Q2 '25 — Net Income: 808.2M Q3 '25 — Revenue: 252.4M Q3 '25 — Operating Cash Flow: -199M Q3 '25 — Net Income: 123.1M Q4 '25 — Revenue: 202.3M Q4 '25 — Operating Cash Flow: -224.7M Q4 '25 — Net Income: -1.7B Q1 '26 — Revenue: 174.6M Q1 '26 — Operating Cash Flow: -247.5M Q1 '26 — Net Income: -1.3B Q2 '26 — Revenue: 174.9M Q2 '26 — Operating Cash Flow: -223.8M Q2 '26 — Net Income: -611.3M -1.2B -600M 0 600M 1.2B
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Revenue Operating Cash Flow Net Income

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

1.1
SBC / sales 18.1%
OE margin -172.1%
Oper. margin -366.3%
ROIC -59.2%
Accruals -59.0%
EBITDA margin -264.4%
FCF margin -154.0%
OCF margin -111.3%
Profit margin -430.3%
ROA -79.6%
ROCE -78.4%
ROE -208.4%
Gross margin —
OCF / EBIT —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

1.0
RPO / sales —
RPO growth —
Segment HHI —

2 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

1.2
ND/EBITDA —
Current ratio 0.89×
Interest cover -69.2×
Cash / Debt 0.22×
Quick ratio 0.89×
Debt / Eq 1.8×
F-score 2.2 pts
Cash runway —
Debt payback —
Payout —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

5.1
Sales CAGR 4Y +54.5%
Sales/sh Y/Y -11.6%
EPS Y/Y -547.9%
Sales Q/Q -26.7%
Shares change +13.9%
Div. growth —
EBIT CAGR —
EBIT Y/Y —
EPS CAGR 4Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.