Marathon Digital Holdings, Inc. (MARA) Earnings History
Annual and quarterly earnings data from 2011 to 2025
Loading earnings history...
EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | - | -135.0% | -144.6% |
| 2024 | -24.3% | 46.6% | 82.5% |
| 2023 | -4.0% | 57.0% | 67.4% |
| 2022 | -28.6% | -572.0% | -589.4% |
| 2021 | 73.4% | -36.2% | -23.3% |
Download Data
Export MARA earnings history in CSV or JSON format
Free sign-in required to download data
Marathon Digital Holdings, Inc. (MARA) Earnings Overview
As of March 1, 2026, Marathon Digital Holdings, Inc. (MARA) reported trailing twelve-month net income of -$1.31B, reflecting -3.1% year-over-year growth. The company earned $-3.69 per diluted share over the past four quarters, with a net profit margin of -1.4%.
Looking at the long-term picture, MARA's historical earnings data spans multiple years. The company achieved its highest annual net income of $541M in fiscal 2024.
Marathon Digital Holdings, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to industry peers including IREN (-$16M net income, 0.2% margin), BMNR (-$4.85B net income, 57.2% margin), WULF (-$564M net income, -0.5% margin), MARA has room to improve margins relative to the peer group. Compare MARA vs IREN →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
15 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$1.31B | -342.3% | -$1.22B | $-3.69 | -144.6% | -135.0% |
| 2024 | $541M | +107.2% | $306M | $1.72 | 82.5% | 46.6% |
| 2023 | $261M | +137.6% | $221M | $1.06 | 67.4% | 57.0% |
| 2022 | -$694M | -1770.9% | -$674M | $-6.12 | -589.4% | -572.0% |
| 2021 | -$37M | -255.1% | -$58M | $-0.37 | -23.3% | -36.2% |
| 2020 | -$10M | -197.1% | -$10M | $-0.13 | -239.8% | -225.3% |
| 2019 | -$4M | +72.6% | -$4M | $-0.61 | -296.7% | -357.7% |
| 2018 | -$13M | +59.1% | -$12M | $-2.41 | -820.2% | -772.9% |
| 2017 | -$31M | -9.3% | -$14M | $-19.22 | -6030.1% | -2729.6% |
| 2016 | -$29M | -69.2% | -$16M | $-30.22 | -78.3% | -42.5% |
See MARA's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs MARA Undervalued?
See our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare MARA vs JPM
See how MARA stacks up against sector leader JPMorgan Chase & Co..
Start ComparisonFrequently Asked Questions
Is MARA growing earnings?
MARA EPS of $-3.69 reflects slowing growth at -3.1%, below the 5-year CAGR of N/A. TTM net income is $-1.3B. Expansion rate has moderated.
What are MARA's profit margins?
Marathon Digital Holdings, Inc. net margin is -1.4%, with operating margin at -1.3%. Below-average margins reflect competitive or cost pressures.
How consistent are MARA's earnings?
MARA earnings data spans 2011-2025. The current earnings trend is -3.1% YoY. Historical data enables comparison across business cycles.