SequelSEC

MARA Holdings, Inc. MARA

Finance Services · CIK 0001507605 · Fiscal year ends 1231 · Bank

AnnualQuarterlyTTM
Revenue
$174.88M
Fiscal year ended 2026-06-30
Net income
Unavailable
Fiscal year ended 2026-06-30
Total assets
$4.35B
Fiscal year ended 2026-06-30

MARA Holdings, Inc. (MARA) reported revenue of $174.88M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from MARA Holdings, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Finance Services.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

MARA Holdings, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Revenue$174.88M$174.61M$11.96M$252.41M$238.48M$213.88M$12.77M$131.65M$145.14M$165.20M
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$267.19M$198.66M$181.70M$168.21M
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating income-$521.07M-$1.06B-$1.41B$47.59M$679.78M-$541.06M$341.03M-$172.22M-$232.40M$369.70M
Net incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$528.53M-$124.79M-$199.66M$337.17M
Research & development$7.17M$8.25M$3.56M$8.72M$8.55M$9.30M$4.10M$2.81M$3.84M$2.47M
Weighted-average diluted sharesshares 381.57Mshares 380.16MUnavailableshares 470.13Mshares 440.91Mshares 344.10MUnavailableshares 294.94Mshares 278.67Mshares 267.91M
Pretax income-$610.74M-$1.29B-$1.89B$160.81M$1.02B-$652.62M$646.54M-$173.95M-$231.32M$375.22M
Income tax expense$580.00K-$30.93M-$183.39M$37.68M$208.50M-$119.17M$118.26M-$49.16M-$31.66M$38.05M
Diluted EPS$-1.60$-3.31Unavailable$0.27$1.84$-1.55Unavailable$-0.42$-0.72$1.26
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$114.70M$86.86M$85.83M$85.30M$92.95M$85.86M$72.82M$58.74M$53.49M$68.91M
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

MARA Holdings, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Cash & equivalents$421.27M$513.65M$547.13M$826.39M$109.48M$196.22M$391.77M$164.26M$256.03M$324.27M
Total assets$4.35B$4.95B$7.29B$9.15B$7.72B$6.44B$6.80B$3.58B$3.12B$2.96B
Current assets$527.19M$611.11M$664.27M$961.92M$236.46M$291.83M$470.37M$239.37M$371.95M$1.64B
Total liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current liabilities$591.82M$331.47M$521.88M$459.37M$441.02M$368.37M$95.20M$59.79M$99.21M$71.13M
Total equity incl. NCI$1.68B$2.25B$3.48B$5.18B$4.80B$3.73B$4.14B$2.86B$2.64B$2.48B
Temporary (mezzanine) equity$82.46M$85.02M$0UnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$2.79M$18.74M$8.37M
Goodwill$89.72M$90.49M$0$82.78M$82.78M$82.75M$82.75M$45.36M$45.36M$30.85M
Long-term debt$1.93B$2.22B$3.20B$3.25B$2.25B$2.30B$2.45B$618.68MUnavailableUnavailable
Accounts payable$10.49M$7.84M$12.55M$11.43M$9.84M$6.49M$12.56M$12.56M$28.84M$33.27M

Cash flow

MARA Holdings, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Operating cash flow-$223.77M-$247.49M-$224.74M-$199.05M-$163.44M-$215.49M-$313.43M-$160.08M-$115.17M-$88.34M
Capital expenditures$14.78M$79.52M$164.47M$84.83M$118.92M$38.86M$186.52M$37.99M$17.22M$9.09M
Investing cash flow$275.26M$1.19B-$47.26M-$285.65M-$127.16M-$209.85M-$2.00B-$537.67M-$278.00M-$416.59M
Financing cash flow-$7.70M-$1.11B-$7.26M$1.20B$203.87M$229.78M$2.54B$605.98M$336.93M$471.89M
Net change in cash$43.28M-$169.14M-$279.26M$716.92M-$86.74M-$195.56M$227.52M-$91.77M-$56.24M-$33.04M
Stock-based compensation$46.68M$30.51M$30.06M$38.47M$54.66M$49.12M$54.06M$23.34M$28.33M$51.91M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchases$7.68M$7.46M$3.70M$7.69M$15.17M$20.36M$8.44M$5.85M$6.58M$16.54M
Depreciation & amortization$174.66M$191.56M$285.82M$167.31M$161.74M$157.90M$139.59M$100.49M$107.51M$81.60M

Derived

MARA Holdings, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Free cash flow-$238.55M-$327.01M-$389.22M-$283.88M-$282.36M-$254.34M-$499.95M-$198.08M-$132.39M-$97.43M
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating margin-298.0%-607.9%-11795.9%18.9%285.0%-253.0%2670.5%-130.8%-160.1%223.8%
FCF margin-136.4%-187.3%-3254.9%-112.5%-118.4%-118.9%-3915.0%-150.5%-91.2%-59.0%
SBC / revenue26.7%17.5%251.4%15.2%22.9%23.0%423.3%17.7%19.5%31.4%
Current ratio0.89x1.84x1.27x2.09x0.54x0.79x4.94x4.00x3.75x23.07x
Revenue YoY growth-26.7%-18.4%-6.4%91.7%64.3%29.5%-47.9%34.5%77.5%223.1%
Net marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable4138.8%UnavailableUnavailableUnavailable
R&D / revenue4.1%4.7%29.7%3.5%3.6%4.3%32.1%2.1%2.6%1.5%
CapEx / revenue8.5%45.5%1375.4%33.6%49.9%18.2%1460.6%28.9%11.9%5.5%
Long-term debt / equity1.15xUnavailable0.92x0.63xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailable23.4%20.5%Unavailable18.3%UnavailableUnavailable10.1%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MARA in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-11View SEC filing
10-K · Filed 2026-03-02View SEC filing
10-Q · Filed 2025-11-04View SEC filing
10-Q · Filed 2025-07-29View SEC filing
10-Q · Filed 2025-05-08View SEC filing

Companies in the same industry

ABIT ABTC AGPU AIXC ANY ASST ATCH AVX AXP BCCG BCG BENF

Reconciliation checks needing review

5 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

gross profit bridgeinconsistent2024-12-31

Withheld: gross profit could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2024-09-30

Withheld: gross profit could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2024-06-30

Withheld: gross profit could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2024-03-31

Withheld: gross profit could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2023-12-31

Withheld: gross profit could not be reconciled with the rest of this filer’s statement.