MARA Holdings, Inc. (MARA) stock
Close on Nov 11, 2026Market cap $2.96BP/E –Yield –
MARA Holdings, Inc. saw revenue fall 22.1% to $716.04M over the twelve months to Sep 30, 2026. Operating income fell 634.1% to -$2.82B, moving the operating margin from 57.4% to -393.4%. Free cash flow was -$1.22B. At the latest close the market valued the company at $2.96B.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $2.96B
- P/E ratio
- –
- Price to sales
- 4.13
- Price to book
- 1.26
- Dividend yield
- –
- Free cash flow yield
- -41.17%
Fundamentals
- Revenue
- $716.04M
- Net income
- -$1.31B
- EPS, diluted
- -$8.33
- Free cash flow
- -$1.22B
- Book value per share
- $4.74
- Diluted shares
- 496M
Trading
- Next earnings
- Feb 25, 2027 (estimated, after the close)
- Previous close
- $7.34
- Open
- $7.67
- Day's range
- $7.45 – $7.95
- Volume
- 49,191,390
- Average volume (20 days)
- 39,456,137
- Index membership
- S&P SmallCap 600 (since May 2024), Russell 2000 (since Jun 2021), Russell 3000 (since Aug 2021)
- Beta (5 years)
- 2.99
- 52-week range
- $5.69 – $16.43
- RSI (14 days)
- 47.9
- Volatility (1 year)
- 87.6%
- Relative volume
- 1.11×
- WACC
- 10.5%
Index membership is inferred from the holdings of funds that track each index (SPSM, IJR, IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2012, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | MARA | S&P 500 | Difference | MARA per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -20.6% | -2.4% | −18.2 pts | ||
| 3 months | -20.9% | -1.2% | −19.7 pts | ||
| Year to date | -14.7% | +12.3% | −27.0 pts | ||
| 1 year | -47.6% | +12.4% | −60.1 pts | ||
| 3 years | -20.3% | +78.8% | −99.1 pts | -7.3% | +21.4% |
| 5 years | -89.2% | +75.2% | −164.3 pts | -35.9% | +11.9% |
| 10 years | -79.2% | +311.1% | −390.3 pts | -14.5% | +15.2% |
Fifteen years at a glance
Fiscal years 2010 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases MARA filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Results
- Update
- Update
About MARA
Finance Services
MARA Holdings, Inc. operates as an energy and digital infrastructure enterprise focused on acquiring, managing, and allocating power resources to high-value computing operations. The company utilizes Bitcoin mining as an energy-responsive workload to monetize excess and underutilized power across its infrastructure assets. In addition to mining operations, the organization develops artificial intelligence inference and high-performance computing capabilities, delivering inference compute capacity, private cloud systems, and related technology infrastructure to third-party commercial and public sector clients.
Company profile, executives and historyMARA stock: common questions
What is MARA's stock price?
MARA closed at $7.66 on Nov 11, 2026, up 4.36% on the day. Over the past 52 weeks it traded between $5.69 and $16.43.
What is MARA's market cap?
MARA was worth $2.96B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is MARA's P/E ratio?
MARA lost money over the twelve months to Sep 30, 2026 (diluted EPS -$8.33), so it has no meaningful P/E ratio.
How much revenue does MARA make?
MARA reported revenue of $716.04M for the twelve months to Sep 30, 2026, down 22.1% from a year earlier.
Does MARA pay a dividend?
No. MARA has not paid a cash dividend over the last twelve months.
When does MARA report earnings next?
MARA is expected to report Q4 FY2026 results on Feb 25, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has MARA stock performed over the past year?
Including dividends, MARA returned -47.6% over the past year, against +12.4% for the S&P 500.
How many MARA shares are sold short?
113M shares were sold short at the latest FINRA report, 29.85% of the float, or 3.1 days of average trading volume.
Who are MARA's competitors?
Companies most similar to MARA by business, industry and size include RIOT, CLSK, IREN, BTDR, HUT.
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