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Marathon Digital Holdings, Inc.

$11.98 +$2.07 (+20.89%)
NASDAQ · 11 Sep 2026 20:00 UTC
Previous Close
$11.43
Day Range
$11.54$12.38
Year Range
$6.66$23.45
Market Cap
4.57B
AVG Volume
45.29M
Trailing/Forward PE
-1.28/-
PEG ratio
0.02
Dividend Yield
-
Next Earnings Date
2026-11-03
Primary Exchange
NASDAQUS
Revenue (USD)
0100M200M300M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MARA Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q2174.88M
26 Q1174.61M
25 Q4202.31M
25 Q3252.41M
25 Q2238.49M
25 Q1213.88M
24 Q4214.39M
24 Q3131.65M
24 Q2145.14M
24 Q1165.2M
Net Income (USD)
-2B-1B01B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MARA Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q2-609.68M
26 Q1-1.26B
25 Q4-1.71B
25 Q3123.13M
25 Q2808.24M
25 Q1-533.2M
24 Q4528.53M
24 Q3-124.79M
24 Q2-199.66M
24 Q1337.17M
Operating Income (USD)
-1B-500M0500M1B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MARA Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q2-267.99M
26 Q1-248.87M
25 Q4-331.81M
25 Q347.59M
25 Q2679.78M
25 Q1-541.06M
24 Q4341.03M
24 Q3-172.22M
24 Q2-232.4M
24 Q1369.7M
EBITDA (USD)
-2B-1B01B2B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MARA EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q2-429.81M
26 Q1-57.31M
25 Q4-1.59B
25 Q3340.88M
25 Q21.19B
25 Q1-484.78M
24 Q4791.6M
24 Q3-70.25M
24 Q2-122.67M
24 Q1458.08M
Cash Flows (USD)
-600M-400M-200M0200M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MARA Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q2-565.56M
26 Q1-327.01M
25 Q4-389.22M
25 Q3-283.88M
25 Q2-282.36M
25 Q1-254.34M
24 Q4-502.58M
24 Q3-478.81M
24 Q23.92M
24 Q146.99M
EPS (USD)
-6-4-20224 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MARA EPS (USD) by quarter
PeriodEPS (USD)
26 Q2-1.6
26 Q1-3.31
25 Q4-4.81
25 Q30.27
25 Q21.84
25 Q1-1.55
24 Q41.25
24 Q3-0.42
24 Q2-0.72
24 Q11.26
Expenses (USD)
0100M200M300MR&DSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MARA Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q2216.18M
26 Q1174.63M
25 Q4253.86M
25 Q3178.84M
25 Q2220.41M
25 Q1134.02M
24 Q4271.18M
24 Q3104.53M
24 Q278.18M
24 Q180.46M
Cash & Debt (USD)
01B2B3B4BCashLong Term DebtShort Term Debt24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MARA Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q2423.36M
26 Q1527.56M
25 Q4547.13M
25 Q3826.39M
25 Q2109.47M
25 Q1196.22M
24 Q4391.77M
24 Q3164.26M
24 Q2256.03M
24 Q1324.27M
Debt ratios
-20-10010203024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MARA Debt ratios by quarter
PeriodDebt ratios
26 Q2-1.17
26 Q1-16.18
25 Q4-5.66
25 Q31.53
25 Q21.78
25 Q121.43
24 Q41.97
24 Q30.82
24 Q20.13
24 Q10.02
Margins
-200%-100%0%100%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MARA Margins by quarter
PeriodMargins
26 Q272.12%
26 Q1-92.98%
25 Q4-119.19%
25 Q382.93%
25 Q282.5%
25 Q179.67%
24 Q4-24.62%
24 Q3-50.91%
24 Q235.31%
24 Q196.31%
Return on Capital
-60%-40%-20%0%20%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MARA Return on Capital by quarter
PeriodReturn on Capital
26 Q2-34.65%
26 Q1-53.99%
25 Q4-49.17%
25 Q32.38%
25 Q216.85%
25 Q1-14.3%
24 Q412.78%
24 Q3-4.37%
24 Q2-7.56%
24 Q113.61%
Shares Outstanding
0100M200M300M400M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MARA Shares Outstanding by quarter
PeriodShares Outstanding
26 Q2381.57M
26 Q1380.16M
25 Q4355.17M
25 Q3372.07M
25 Q2352.9M
25 Q1344.1M
24 Q4388.69M
24 Q3294.94M
24 Q2278.67M
24 Q1259.1M
Book Value Per Share (USD)
05101524 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MARA Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q24.61
26 Q16.14
25 Q49.79
25 Q313.91
25 Q213.59
25 Q110.84
24 Q410.64
24 Q39.68
24 Q29.48
24 Q19.56
Total Assets (USD)
02.5B5B7.5B10B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MARA Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q24.35B
26 Q14.95B
25 Q47.29B
25 Q39.15B
25 Q27.72B
25 Q16.44B
24 Q46.8B
24 Q33.58B
24 Q23.12B
24 Q12.96B
Employee Count
01002003002016201720182019202020212022202320242025
MARA Employee Count by quarter
PeriodEmployee Count
2025266
2024152
202360
202230
202110
20203
20193
20183
20173
201615
PE Ratio
0204060med 10.37Mar 24Jun 24Oct 24Jan 25Aug 25Nov 25Feb 26
MARA PE Ratio by quarter
PeriodPE Ratio
Feb 263.59
Feb 263.2
Feb 263.18
Feb 263.31
Jan 263.81
Jan 264.22
Jan 264.56
Jan 264.1
Jan 263.98
Dec 253.85
Dec 254.09
Dec 254.63
Dec 254.71
Nov 254.74
Nov 254.04
Nov 254.81
Nov 256.37
Oct 259.5
Oct 2510.16
Oct 2510.17
Oct 259.7
Oct 259.78
Sep 258.39
Sep 259.51
Sep 258.48
Sep 257.9
Aug 258.31
Aug 258.47
Aug 258.15
Aug 258
Aug 258.06
May 2510.4
Apr 2510.27
Apr 259.09
Apr 258.98
Apr 258.11
Mar 258.96
Mar 258.89
Mar 259.46
Mar 2511.5
Feb 2517.39
Feb 2518.31
Feb 2521.11
Feb 2520.95
Jan 2522.91
Jan 2524.97
Jan 2524.87
Jan 2522.31
Jan 2524.53
Dec 2423.03
Dec 2424.93
Dec 2428.39
Dec 2433.01
Nov 2434.25
Nov 2432.51
Nov 2426.32
Nov 2414.88
Nov 2412.45
Oct 2413.19
Oct 2414.59
Oct 2412.43
Oct 2412.61
Sep 2413.36
Sep 2412.01
Sep 2412.46
Sep 2410.33
Aug 2412.91
Aug 2414.45
Aug 2412.55
Aug 2413.16
Aug 2413.29
Jul 2410.14
Jul 2411.62
Jul 249.76
Jul 249.48
Jun 249.33
Jun 249.03
Jun 249.15
Jun 249.06
May 249.18
May 249.97
May 249.14
May 248.07
May 2411.98
Apr 2413.28
Apr 2411.28
Apr 2411.01
Apr 2412.6
Mar 2415.43
Mar 2414.27
Mar 2413.21
Mar 2416.05
Mar 2418.46
Aug 2143.69
Jul 2135.24
Jul 2131.43
Jul 2129.76
Jul 2135.32
Jul 2138.64
Jun 2135.96
Free Cash Flow Yield
-60%-40%-20%0%20%med -24.37%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
MARA Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 26-34.25%
Sep 26-36.28%
Aug 26-38.46%
Aug 26-36.44%
Aug 26-44.6%
Aug 26-40.67%
Jul 26-29.8%
Jul 26-27.83%
Jul 26-31.56%
Jul 26-26.77%
Jul 26-27.21%
Jun 26-23.2%
Jun 26-23.72%
Jun 26-23.96%
Jun 26-27.38%
May 26-23.46%
May 26-24.43%
May 26-27.12%
May 26-26.32%
May 26-29.72%
Apr 26-29.26%
Apr 26-29.36%
Apr 26-35.71%
Apr 26-39.11%
Mar 26-42.47%
Mar 26-40.26%
Mar 26-36.55%
Mar 26-42.53%
Feb 26-39.78%
Feb 26-44.62%
Feb 26-44.9%
Feb 26-43.16%
Jan 26-37.43%
Jan 26-33.87%
Jan 26-31.3%
Jan 26-34.8%
Jan 26-35.88%
Dec 25-37.08%
Dec 25-34.93%
Dec 25-30.87%
Dec 25-30.29%
Nov 25-30.11%
Nov 25-35.31%
Nov 25-29.66%
Nov 25-22.41%
Oct 25-23.55%
Oct 25-22.02%
Oct 25-21.98%
Oct 25-23.07%
Oct 25-22.86%
Sep 25-26.67%
Sep 25-23.52%
Sep 25-26.37%
Sep 25-28.32%
Aug 25-26.92%
Aug 25-26.41%
Aug 25-27.45%
Aug 25-27.97%
Aug 25-27.75%
Jul 25-20.75%
Jul 25-18.35%
Jul 25-18.7%
Jul 25-20.27%
Jun 25-23.82%
Jun 25-25%
Jun 25-23.8%
Jun 25-22.69%
May 25-25.35%
May 25-24.3%
May 25-22.08%
May 25-22.71%
May 25-16.53%
Apr 25-16.74%
Apr 25-18.91%
Apr 25-19.14%
Apr 25-21.18%
Mar 25-19.2%
Mar 25-19.34%
Mar 25-18.16%
Mar 25-14.94%
Feb 25-8.91%
Feb 25-8.46%
Feb 25-7.34%
Feb 25-7.39%
Jan 25-6.76%
Jan 25-6.2%
Jan 25-6.23%
Jan 25-6.94%
Jan 25-6.31%
Dec 24-6.72%
Dec 24-6.21%
Dec 24-5.45%
Dec 24-4.69%
Nov 24-4.52%
Nov 24-4.76%
Nov 24-5.88%
Nov 240.54%
Nov 240.65%
Oct 240.61%
Oct 240.55%
Price to Sales
051015med 6.87Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
MARA Price to Sales by quarter
PeriodPrice to Sales
Sep 265.68
Sep 265.37
Aug 265.06
Aug 265.34
Aug 264.36
Aug 264.79
Jul 264.96
Jul 265.31
Jul 264.68
Jul 265.52
Jul 265.43
Jun 266.37
Jun 266.23
Jun 266.17
Jun 265.4
May 266.3
May 266.05
May 265.45
May 265.07
May 264.49
Apr 264.56
Apr 264.54
Apr 263.74
Apr 263.41
Mar 263.14
Mar 263.31
Mar 263.65
Mar 263.14
Feb 263.62
Feb 263.23
Feb 263.21
Feb 263.34
Jan 263.85
Jan 264.25
Jan 264.6
Jan 264.14
Jan 264.01
Dec 253.88
Dec 254.12
Dec 254.66
Dec 254.75
Nov 254.78
Nov 254.08
Nov 254.85
Nov 256.42
Oct 258.08
Oct 258.64
Oct 258.65
Oct 258.24
Oct 258.32
Sep 257.13
Sep 258.08
Sep 257.21
Sep 256.71
Aug 257.06
Aug 257.2
Aug 256.93
Aug 256.8
Aug 256.85
Jul 258.42
Jul 259.52
Jul 259.34
Jul 258.62
Jun 257.34
Jun 256.99
Jun 257.34
Jun 257.7
May 256.89
May 257.19
May 257.91
May 257.69
May 258.57
Apr 258.47
Apr 257.5
Apr 257.41
Apr 256.69
Mar 257.38
Mar 257.33
Mar 257.8
Mar 259.49
Feb 256.86
Feb 257.22
Feb 258.32
Feb 258.26
Jan 259.03
Jan 259.85
Jan 259.81
Jan 258.8
Jan 259.67
Dec 249.08
Dec 249.83
Dec 2411.2
Dec 2413.02
Nov 2413.51
Nov 2412.82
Nov 2410.38
Nov 249.5
Nov 247.95
Oct 248.42
Oct 249.31
EV/EBITDA
020406080100med 6.58Jun 24Sep 24Jan 25Apr 25Aug 25Nov 25Feb 26
MARA EV/EBITDA by quarter
PeriodEV/EBITDA
Feb 263.34
Feb 263.14
Feb 263.13
Feb 263.2
Jan 263.45
Jan 263.66
Jan 263.83
Jan 263.6
Jan 263.54
Dec 253.47
Dec 253.59
Dec 253.86
Dec 253.91
Nov 253.92
Nov 253.57
Nov 253.96
Nov 254.74
Oct 256.29
Oct 256.61
Oct 256.61
Oct 256.39
Oct 256.43
Sep 255.76
Sep 256.3
Sep 255.81
Sep 255.53
Aug 255.73
Aug 255.8
Aug 255.65
Aug 255.58
Aug 255.61
Jul 2573.54
Jul 2580.36
Jul 2579.25
Jul 2574.78
Jun 2566.83
Jun 2564.69
Jun 2566.86
Jun 2569.1
May 2564.08
May 2565.92
May 2570.4
May 2569.04
May 257.3
Apr 257.23
Apr 256.63
Apr 256.57
Apr 256.13
Mar 256.56
Mar 256.52
Mar 256.82
Mar 257.86
Feb 257.94
Feb 258.32
Feb 259.46
Feb 259.4
Jan 2510.2
Jan 2511.04
Jan 2511
Jan 259.96
Jan 2510.87
Dec 2410.25
Dec 2411.03
Dec 2412.45
Dec 2414.34
Nov 2414.84
Nov 2414.13
Nov 2411.6
Nov 247.76
Nov 246.52
Oct 246.89
Oct 247.62
Oct 246.51
Oct 246.6
Sep 246.98
Sep 246.29
Sep 246.52
Sep 245.43
Aug 246.75
Aug 247.54
Aug 246.57
Aug 246.88
Aug 246.95
Jul 246.54
Jul 247.5
Jul 246.3
Jul 246.12
Jun 246.02
Jun 245.83
Jun 245.91
Jun 245.85
May 245.92
May 246.43
May 245.9
May 245.21
May 247.33
Apr 248.14
Apr 246.9
Apr 246.74
Apr 247.72
Price/Operating Cashflow
02505007501000med 70.2Jan 17Apr 17Jul 17Jan 22May 22Aug 24Nov 24
MARA Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Nov 2489.92
Nov 2475.25
Oct 2479.69
Oct 2488.19
Oct 2475.11
Oct 2476.19
Sep 2480.77
Sep 2472.59
Sep 2475.3
Sep 2462.46
Aug 2478.01
Aug 2487.31
Aug 2475.86
Aug 2479.55
Aug 2480.3
Aug 22145.34
Jul 22133.23
Jul 22127.39
Jul 2282.46
Jul 2287.28
Jul 2256.82
Jun 2276.1
Jun 2267.8
Jun 2277.33
Jun 2290.26
May 22105.33
May 22100.21
May 22116.82
May 22153.34
Apr 2248.49
Apr 2256.41
Apr 2265.99
Apr 2270.49
Apr 2288.71
Mar 2289.8
Mar 2286.78
Mar 2269.9
Mar 22407.11
Feb 22411.57
Feb 22426.2
Feb 22480.43
Feb 22419.42
Jan 22391.95
Jan 22393.55
Jan 22510.05
Jan 22508.26
Dec 21586.23
Dec 21680.24
Dec 21603.89
Dec 21721.45
Dec 21742.86
Nov 21877.73
Nov 21975.5
Aug 170.88
Aug 170.95
Jul 170.92
Jul 170.92
Jul 171.13
Jul 171.31
Jun 171.34
Jun 171.2
Jun 170.57
Jun 170.71
Jun 170.95
May 170.88
May 170.95
May 170.58
May 170.78
Apr 170.84
Apr 170.94
Apr 171.31
Apr 171.3
Mar 171.37
Mar 171.14
Mar 171.44
Mar 171.78
Mar 171.82
Feb 171.82
Feb 171.8
Feb 172.13
Feb 172.33
Jan 172.56
Jan 172.37
Jan 172.6
Jan 172.56
Dec 162.32
Dec 162.06
Dec 162.34
Dec 162.07
Dec 162.25
Nov 162.55
Nov 162.63
Price to Book
0123med 1.39Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
MARA Price to Book by quarter
PeriodPrice to Book
Sep 262.6
Sep 262.45
Aug 262.31
Aug 262.44
Aug 262
Aug 262.19
Jul 261.84
Jul 261.97
Jul 261.74
Jul 262.05
Jul 262.02
Jun 262.37
Jun 262.32
Jun 262.29
Jun 262.01
May 262.34
May 262.25
May 262.03
May 261.32
May 261.17
Apr 261.19
Apr 261.18
Apr 260.97
Apr 260.89
Mar 260.82
Mar 260.86
Mar 260.95
Mar 260.82
Feb 260.64
Feb 260.57
Feb 260.57
Feb 260.59
Jan 260.68
Jan 260.75
Jan 260.82
Jan 260.73
Jan 260.71
Dec 250.69
Dec 250.73
Dec 250.83
Dec 250.84
Nov 250.85
Nov 250.72
Nov 250.86
Nov 251.14
Oct 251.34
Oct 251.44
Oct 251.44
Oct 251.37
Oct 251.38
Sep 251.19
Sep 251.35
Sep 251.2
Sep 251.12
Aug 251.18
Aug 251.2
Aug 251.15
Aug 251.13
Aug 251.14
Jul 251.59
Jul 251.8
Jul 251.77
Jul 251.63
Jun 251.39
Jun 251.32
Jun 251.39
Jun 251.46
May 251.3
May 251.36
May 251.5
May 251.45
May 251.36
Apr 251.34
Apr 251.19
Apr 251.18
Apr 251.06
Mar 251.17
Mar 251.16
Mar 251.24
Mar 251.51
Feb 251.44
Feb 251.51
Feb 251.75
Feb 251.73
Jan 251.89
Jan 252.06
Jan 252.06
Jan 251.84
Jan 252.03
Dec 241.9
Dec 242.06
Dec 242.35
Dec 242.73
Nov 242.83
Nov 242.69
Nov 242.18
Nov 242.03
Nov 241.7
Oct 241.8
Oct 241.99
Marathon Digital Holdings, Inc.
MARA
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News: MARA

Why Marathon Digital Holdings, Inc. (MARA) Dipped More Than Broader Market Today

zacks.com · 10 Sep 2026

Why Marathon Digital Holdings, Inc. (MARA) Dipped More Than Broader Market Today

In the latest trading session, Marathon Digital Holdings, Inc. (MARA) closed at $11.43, marking a -4.11% move from the previous day.

Marathon Digital Holdings, Inc. (MARA) is Attracting Investor Attention: Here is What You Should Know

zacks.com · 10 Sep 2026

Marathon Digital Holdings, Inc. (MARA) is Attracting Investor Attention: Here is What You Should Know

Marathon Digital (MARA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Head-To-Head Survey: Xunlei (NASDAQ:XNET) and MARA (NASDAQ:MARA)

defenseworld.net · 10 Sep 2026

Head-To-Head Survey: Xunlei (NASDAQ:XNET) and MARA (NASDAQ:MARA)

MARA (NASDAQ: MARA - Get Free Report) and Xunlei (NASDAQ: XNET - Get Free Report) are both technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, dividends, earnings, profitability, risk and institutional ownership. Valuation and Earnings This table compares MARA and Xunlei"s gross

Brokers Suggest Investing in Marathon Digital (MARA): Read This Before Placing a Bet

zacks.com · 8 Sep 2026

Brokers Suggest Investing in Marathon Digital (MARA): Read This Before Placing a Bet

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Strategy Is Down More Than 50% in 12 Months. One Analyst Thinks the Stock Is About to Triple

247wallst.com · 7 Sep 2026

Strategy Is Down More Than 50% in 12 Months. One Analyst Thinks the Stock Is About to Triple

One analyst has a price target on Strategy that would require the stock to do something most investors would consider almost impossible right now, and his reasoning is harder to dismiss than it sounds.

MARA Holdings: One Foot In Bitcoin, One Foot In AI

seekingalpha.com · 31 Aug 2026

MARA Holdings: One Foot In Bitcoin, One Foot In AI

MARA Holdings (MARA) has declined 48% since my last coverage, underperforming the benchmark's 14% gain. Despite recent volatility and revenue headwinds from Bitcoin, I maintain a Strong Buy rating due to MARA's ambitious growth plans. Management targets a 4.8 GW power portfolio by year-end and the $1.5B Long Ridge acquisition could drive a new revenue cycle.

MARA Holdings Stock Slides Amid Bitcoin Pullback: What's Happening?

benzinga.com · 28 Aug 2026

MARA Holdings Stock Slides Amid Bitcoin Pullback: What's Happening?

Shares of MARA Holdings Inc. (NASDAQ:MARA) are trading sharply lower Friday afternoon, pulling back following recent strength as selling pressure accelerates across the digital asset ecosystem.

MARA and Riot Sink 6% While Bitcoin Holds Near $79,500; Strategy Slips 3%

247wallst.com · 28 Aug 2026

MARA and Riot Sink 6% While Bitcoin Holds Near $79,500; Strategy Slips 3%

Some well-known Bitcoin (CRYPTO:BTC) mining equities are selling off midday Friday even as the coin they mine holds firm, a divergence that stands out on an otherwise steady session for crypto.

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Disclaimer: The historical data presented on this platform is provided by Financial Modeling Prep. Stock Picker is a platform for informational purposes only and does not provide financial advice. Users are encouraged to conduct their own research and consult with a qualified financial advisor before making investment decisions.