MARANasdaqFinance ServicesFiscal year ends December 31

MARA Holdings, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026

$7.38−0.16 (-2.06%)

Close on Oct 19, 2026

Market cap: $2.81B
P/E (TTM): –
Dividend yield: –

MARA Holdings, Inc. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2011 2011-10-31
Revenue	907	656	388	118	159	4.36	1.19	1.56	0.52	37	19	21	3.42	–
Cost of Revenue	–	816	403	151	42	6.92	2.48	3.35	3.47	27	17	12	0.96	–
Gross Profit	–	-159	-15	-34	117	-2.56	-1.30	-1.79	-2.95	10	2.37	9.62	2.46	–
Research & Development	30	13	2.81	0.10	–	–	–	–	–	–	–	–	–	–
General & Administrative	350	254	84	57	174	6.40	0.47	1.37	0.83	0.84	1.14	0.55	0.54	0.03
Operating Expenses	–	-465	-236	640	120	7.26	5.42	14	15	52	45	28	7.09	0.03
Total Costs & Expenses	–	–	–	–	–	–	–	–	–	–	–	–	-0.11	–
Operating Income	-1,224	306	221	-674	-2.99	-9.82	-4.24	-12	-14	-16	-26	-6.21	-3.68	-0.03
Interest Expense	48	13	10	15	1.57	0.02	0.05	0.08	1.31	3.14	4.25	0.54	0.00	–
Interest & Investment Income	56	17	2.81	1.02	0.68	0.02	0.03	0.01	0.00	0.00	0.00	0.00	0.00	–
Income from Equity Investments	-4.70	-1.51	-0.62	0	0	–	–	–	–	–	–	–	–	–
Other Non-Operating Income	-144	310	57	0.26	-0.29	-0.61	0.72	-0.67	-3.17	-0.06	0.58	-0.59	-0.04	–
Merger & Restructuring Charges	24	0	0	–	–	–	–	–	–	–	–	–	–	–
Asset Impairment Charges	109	0	0	183	22	0.87	0.45	2.22	0.23	4.34	0	0	0	–
Gain (Loss) on Investments	13	4.24	0	0	–	–	–	–	–	–	–	–	–	–
Gain (Loss) on Sale of Assets	–	0	0	84	0	–	–	–	-2.61	–	–	–	–	–
Legal Settlements	–	–	–	–	–	–	–	–	-2.15	–	–	–	–	–
Pretax Income	-1,368	617	278	-718	-4.85	-10	-3.52	-13	-31	-17	-25	-6.80	-3.71	-0.03
Income Tax Expense	-56	75	16	-24	25	0.00	–	0.07	-0.10	12	-8.16	-4.91	–	–
Income from Continuing Operations	–	–	–	–	–	–	–	–	–	–	-17	-1.88	-3.71	–
Income from Discontinued Operations	–	–	–	–	–	–	–	–	–	–	–	–	0.26	–
Net Income incl. Noncontrolling Interests	-1,312	541	261	-694	-30	-10	–	–	-31	-29	-17	-1.88	-3.45	-0.03
Minority Interest in Earnings	-0.41	-0.25	0	0	–	–	–	–	–	-0.16	–	–	–	–
Net Income	-1,311	541	261	-694	-30	-10	-3.52	-13	-31	-29	-17	-3.15	-3.45	-0.03
Preferred Dividends	–	–	–	–	–	–	–	–	–	–	–	1.27	–	–
Net Income to Common	-1,311	541	259	-694	-30	-10	–	–	–	–	–	–	–	–
EPS (Basic)(per share)	-3.69	1.87	1.41	-6.12	-0.15	-0.13	-0.53	-2.41	-19.20	-30.20	-19.04	-4.32	–	0.00
EPS (Diluted)(per share)	-3.69	1.72	1.06	-6.12	-0.15	-0.13	-0.53	-2.41	-19.20	-30.20	-19.04	-4.32	–	0.00
Shares Outstanding (Basic, Weighted)(shares)	355	290	184	113	199	81	6.66	5.32	1.63	0.95	0.89	0.73	0.58	–
Shares Outstanding (Diluted, Weighted)(shares)	355	312	192	113	199	81	6.66	5.32	1.63	0.95	0.89	0.73	0.58	–
EBITDA	-451	735	406	-595	12	-6.75	–	–	–	–	-15	-0.68	-2.64	–
Provision for Credit Losses	–	8.38	0	0	–	–	–	–	–	–	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: -366.3%
Net margin: -163.1%
Return on equity, FY2025: -34.5%

Financial strength

Current ratio: 0.89
Debt to equity: 1.46
Debt to assets: 55.6%
Cash to current liabilities: 71.2%

Valuation

P/E ratio: –
Price to sales: 3.50
Price to book: 1.69
Dividend yield: –