Marathon Digital Holdings, Inc. (MARA) Earnings History
Annual and quarterly earnings data from 2011 to 2025
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MARA EPS Growth (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.
MARA Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | -47.7% | -90.6% | -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% |
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Marathon Digital Holdings, Inc. (MARA) Earnings Overview
As of May 7, 2026, Marathon Digital Holdings, Inc. (MARA) reported trailing twelve-month net income of -$1.31B, reflecting -314.5% year-over-year growth. The company earned $-3.69 per diluted share over the past four quarters, with a net profit margin of -144.6%.
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 peers including RIOT (-$867M net income, -102.4% margin), CLSK (-$261M net income, 47.6% margin), CIFR (-$898M net income, -367.2% margin), MARA has room to improve margins relative to the peer group. Compare MARA vs RIOT →
MARA Earnings vs Peers
Earnings metrics vs comparable public companies
MARA Historical Earnings Data (2011–2025)
15 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$1.31B | -342.3% | -$822M | $-3.69 | -144.6% | -90.6% |
| 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% |
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Start ComparisonMARA — Frequently Asked Questions
Quick answers to the most common questions about buying MARA stock.
Is MARA growing earnings?
MARA EPS fell to $-3.69, with earnings declining -314.5%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-1.3B.
What are MARA's profit margins?
Marathon Digital Holdings, Inc. net margin is -144.6%, with operating margin at -90.6%. Below-average margins reflect competitive or cost pressures.
How consistent are MARA's earnings?
MARA earnings data spans 2011-2025. The declining earnings trend is -314.5% YoY. Historical data enables comparison across business cycles.