Marathon Digital Holdings, Inc. (MARA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | -162.35M | -241.14M | 209.33M | 196.75M | 170.4M | -52.79M | -67.02M | 51.25M | 159.11M | 10.7M | -15.33M | -10.74M | 22K | -15.15M | -27.38M | -16.47M | 25.32M | 35.63M | 41.44M | 22.33M |
| Gross Margin % | -92.98% | -119.19% | 82.93% | 82.5% | 79.67% | -24.62% | -50.91% | 35.31% | 96.31% | 6.83% | -15.66% | -13.13% | 0.04% | -53.29% | -215.74% | -66.1% | 48.96% | 59.11% | 80.15% | 76.15% |
| Gross Profit Growth % | -195.28% | -356.76% | 412.36% | 283.9% | 7.1% | -593.39% | -337.24% | 577.3% | 723127.27% | 170.64% | 44.02% | 34.81% | -99.91% | -142.51% | -166.06% | -173.78% | 155.46% | 1076.48% | 3027.97% | 1573.99% |
| Operating Expenses | 86.52M | 90.67M | 161.74M | -483.02M | 711.47M | -393.82M | 105.21M | 283.65M | -210.59M | 39.25M | 64.83M | -4.67M | -122.05M | 409.2M | 16.65M | 181.68M | 39.87M | 14M | 63.88M | 132.61M |
| OpEx % of Revenue | 49.55% | 44.82% | 64.08% | -202.54% | 332.64% | -183.69% | 79.92% | 195.43% | -127.48% | 25.04% | 66.26% | -5.71% | -238.7% | 1439.66% | 131.18% | 728.96% | 77.08% | 23.23% | 123.54% | 452.27% |
| Selling, General & Admin | 86.86M | 85.83M | 85.3M | 92.95M | 85.86M | 77.92M | 63.73M | 57.12M | 68.91M | 39.25M | 19.43M | 19.84M | 15.13M | 18.72M | 37.1M | 10.47M | 15.52M | 2.92M | 99.24M | 6.83M |
| SG&A % of Revenue | 49.74% | 42.43% | 33.79% | 38.97% | 40.15% | 36.35% | 48.41% | 39.35% | 41.71% | 25.04% | 19.86% | 24.27% | 29.6% | 65.87% | 292.39% | 42.01% | 30% | 4.85% | 191.92% | 23.3% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | -248.87M | -331.81M | 47.59M | 679.78M | -541.06M | 341.03M | -172.22M | -232.4M | 369.7M | -28.55M | -80.16M | -6.07M | 122.08M | -424.34M | -44.02M | -198.15M | -14.55M | 21.63M | -22.44M | -110.29M |
| Operating Margin % | -142.53% | -164.01% | 18.85% | 285.04% | -252.97% | 159.07% | -130.82% | -160.12% | 223.79% | -18.21% | -81.92% | -7.42% | 238.75% | -1492.96% | -346.93% | -795.05% | -28.12% | 35.88% | -43.39% | -376.12% |
| Operating Income Growth % | 54% | -197.3% | 127.63% | 392.51% | -246.35% | 1294.36% | -114.85% | -3730.51% | 202.85% | 93.27% | -82.08% | 96.94% | 939.24% | -2061.89% | -96.22% | -79.67% | 69.09% | 536.44% | -1025.09% | -6057% |
| EBITDA | -57.31M | -45.99M | 214.9M | 841.52M | -383.17M | 478.06M | -70.87M | -125.12M | 451.31M | 42.4M | -26.61M | 31.21M | 139.81M | -410.52M | -17.73M | -173.44M | -669K | 28.52M | -18.1M | -107.93M |
| EBITDA Margin % | -32.82% | -22.73% | 85.14% | 352.86% | -179.15% | 222.98% | -53.83% | -86.21% | 273.19% | 27.05% | -27.2% | 38.17% | 273.43% | -1444.31% | -139.72% | -695.91% | -1.29% | 47.31% | -35% | -368.07% |
| EBITDA Growth % | 85.04% | -109.62% | 403.24% | 772.57% | -184.9% | 1027.38% | -166.3% | -500.92% | 222.8% | 110.33% | -50.1% | 117.99% | 20998.21% | -1539.57% | 2.02% | -60.7% | 98.54% | 866.91% | -1448.68% | -8562.18% |
| D&A (Non-Cash Add-back) | 191.56M | 285.82M | 167.31M | 161.74M | 157.9M | 137.03M | 101.36M | 107.28M | 81.6M | 70.96M | 53.55M | 37.27M | 17.73M | 13.83M | 26.3M | 24.71M | 13.88M | 6.89M | 4.34M | 2.36M |
| EBIT | -248.87M | -331.81M | 173.57M | 1.03B | -642.67M | 654.57M | -171.61M | -229.95M | 376.48M | 240.69M | 2.22M | -5.92M | 122.53M | -423.69M | -74.8M | -198.02M | -14.3M | 36.11M | -22.18M | -108.89M |
| Net Interest Income | -188K | 3.69M | 4.93M | -3.2M | 2.05M | 27K | 1.55M | 819K | -1.26M | -1.21M | -2.11M | -2.72M | -3.76M | -4.67M | -3.75M | -3.75M | -2.59M | -1.3M | 84.17K | 140.18K |
| Interest Income | 10.53M | 16.54M | 17.69M | 9.63M | 11.99M | 8.06M | 3.89M | 2.19M | 0 | 0 | 426K | 118K | 0 | 0 | 0 | 0 | 228.69K | 267.75K | 84.45K | 141.38K |
| Interest Expense | 10.72M | 12.85M | 12.76M | 12.84M | 9.94M | 8.03M | 2.34M | 1.37M | 1.26M | 1.21M | 2.54M | 2.84M | 3.76M | 4.67M | 3.75M | 3.75M | 2.81M | 1.57M | 287 | 1.2K |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | -1.29B | -1.89B | 160.81M | 1.02B | -652.62M | 646.54M | -173.95M | -231.32M | 375.22M | 239.48M | -317K | -8.76M | 118.77M | -428.36M | -78.55M | -201.76M | -17.11M | 34.55M | -22.18M | -108.89M |
| Pretax Margin % | -740.68% | -935.76% | 63.71% | 426.32% | -305.13% | 301.57% | -132.13% | -159.38% | 227.14% | 152.76% | -0.32% | -10.71% | 232.29% | -1507.08% | -619.01% | -809.55% | -33.09% | 57.31% | -42.89% | -371.35% |
| Income Tax | -30.93M | -183.39M | 37.68M | 208.5M | -119.17M | 118.26M | -49.16M | -31.66M | 38.05M | 16.07M | 73K | 203K | 75K | -21.65M | -6.09M | 10.86M | -4.26M | 23.02M | -2.94K | -1.98K |
| Effective Tax Rate % | 2.39% | 9.69% | 23.43% | 20.51% | 18.26% | 18.29% | 28.26% | 13.69% | 10.14% | 6.71% | -23.03% | -2.32% | 0.06% | 5.05% | 7.75% | -5.38% | 24.91% | 66.64% | 0.01% | 0% |
| Net Income | -1.26B | -1.71B | 123.13M | 808.24M | -533.2M | 528.53M | -124.79M | -199.66M | 337.17M | 223.4M | -390K | -8.96M | 118.7M | -406.71M | -72.46M | -212.63M | -12.85M | 11.53M | -22.17M | -108.88M |
| Net Margin % | -721.37% | -845.04% | 48.78% | 338.9% | -249.29% | 246.52% | -94.79% | -137.56% | 204.1% | 142.51% | -0.4% | -10.96% | 232.14% | -1430.93% | -571.02% | -853.13% | -24.85% | 19.12% | -42.88% | -371.34% |
| Net Income Growth % | -136.24% | -423.47% | 198.67% | 504.81% | -258.14% | 136.58% | -31897.18% | -2127.84% | 184.06% | 154.93% | 99.46% | 95.79% | 1023.66% | -3628.67% | -226.81% | -95.28% | -115.42% | 320.2% | -1011.73% | -4938.16% |
| Net Income (Continuing) | -1.26B | -1.71B | 123.13M | 808.21M | -533.44M | 528.28M | -124.79M | -199.66M | 337.17M | 223.4M | -390K | -8.96M | 118.7M | -406.71M | -72.46M | -212.63M | -12.85M | 11.53M | -22.17M | -108.88M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 101.27M | 5.37M | 16.68M | 4.56M | 3.95M | 6.91M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -3.31 | -4.81 | 0.27 | 1.84 | -1.55 | 1.25 | -0.42 | -0.72 | 1.26 | 0.96 | 0.34 | -0.07 | 0.72 | -3.25 | -0.65 | -1.94 | -0.13 | 0.10 | -0.22 | -1.09 |
| EPS Growth % | -113.55% | -484.8% | 164.29% | 355.56% | -223.02% | 30.21% | -223.53% | -994.22% | 75% | 129.54% | 152.31% | 96.61% | 653.85% | -3350% | -195.45% | -77.98% | -114.94% | 256.49% | -247.55% | -738.46% |
| EPS (Basic) | -3.31 | -4.81 | 0.33 | 2.29 | -1.55 | 1.36 | -0.42 | -0.72 | 1.30 | 0.98 | 0.36 | -0.07 | 0.75 | -3.25 | -0.65 | -1.94 | -0.13 | 0.11 | -0.22 | -1.09 |
| Diluted Shares Outstanding | 380.16M | 355.17M | 470.13M | 440.91M | 344.1M | 419.88M | 294.94M | 278.67M | 267.91M | 233.36M | 189.51M | 168.47M | 159.19M | 125.26M | 116.53M | 109.44M | 103.1M | 102.66M | 100.8M | 99.47M |
| Basic Shares Outstanding | 380.16M | 355.17M | 372.07M | 352.9M | 344.1M | 388.69M | 294.94M | 278.67M | 259.1M | 227.44M | 179.6M | 168.47M | 159.19M | 125.26M | 116.53M | 109.44M | 103.1M | 102.66M | 100.8M | 99.47M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |