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MARA Holdings, Inc.

MARA

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Financial Statements

Values in Millions ($)
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Assets
Assets Current
Cash And Cash Equivalents At Carrying Value
421514547826109196392164256324357357
Restricted Cash
121212121212121212-0-
Crypto Asset Fair Value Current
22242341717-640-
Receivables Net Current
-------3198--
Other Receivables Net Current
272619333196---21
Deposits Assets Current
1716202419231926264177
Derivative Assets Current
01202221212-14-0-
Prepaid Expense And Other Assets Current
474144404128361728332336
Assets Current
5276116649622362924702393721,6411,030433
Other Assets
Crypto Asset Fair Value Noncurrent
1,5411,7273,3694,0493,6872,7453,2241,6931,159-0-
Property Plant And Equipment Net
1,2161,4061,4911,5551,6341,5661,5491,092930802672742
Advances To Affiliate
70810761341212403852619624
Investments
128132134137134137111154116112106103
Deposit Assets
----------60-
Deposits Assets Noncurrent
2152152192112112412415657596058
Prepaid Expense Noncurrent
233131314142021212724
Operating Lease Right Of Use Asset
34343232332717910-01
Derivative Assets Noncurrent
87293035157-20-0-
Goodwill
90900838383834545310-
Intangible Assets Net Excluding Goodwill
41431122322220-
Deferred Income Tax Assets Net
-----24-29----
Assets Noncurrent
3,8224,3386,6238,1917,4856,1536,3313,3412,7451,316961951
Assets
4,3494,9497,2879,1537,7216,4446,8013,5803,1172,9571,9911,384
Liabilities And Stockhold…
Liabilities Current
Derivative Liabilities Current
-------6-4--
Accounts Payable Current
1081311106131329331115
Accrued Liabilities Current
7410587745746773767322222
Litigation Reserve Current
----------0-
Notes Payable Current
3354848---0-----
Lines Of Credit Current
1501503503503503000-----
Operating Lease Liability Current
332111000100
Interest Payable Current
----------01
Finance Lease Liability Current
-00000000-0-
Other Liabilities Current
171823222315543-0-
Line Of Credit
------200---0-
Liabilities Current
592331522459441368956099713438
Liabilities Noncurrent
Long Term Notes Payable
1,9322,2183,2023,2482,2512,2492,247619327326326325
Long Term Loans Payable
----------0-
Derivative Liabilities Noncurrent
-------18----
Long Term Line Of Credit
--00050200-----
Operating Lease Liability Noncurrent
4141404040332315151300
Finance Lease Liability Noncurrent
-44444455-0-
Deferred Income Tax Liabilities Net
89302161780890215315-
Other Liabilities Noncurrent
131312121212888170-
Liabilities Noncurrent
1,9982,2853,2883,5192,4842,3472,570665375409341326
Redeemable Noncontrolling Interest Equity Carrying…
8285----------
Stockholders Equity
Preferred Stock Value
00000000000-
Common Stock Value
000000000000
Additional Paid In Capital
4,8734,8344,8104,7874,5434,2844,1553,4103,0732,7072,1841,823
Accumulated Other Comprehensive Income Loss Net Of…
-5-5----------
Retained Earnings Accumulated Deficit
-3,207-2,597-1,338372249-560-26-555-430-230-568-803
Stockholders Equity
1,6772,2323,4775,1584,7923,7294,1362,8562,6432,4771,6161,020
Minority Interest
1616517547---0-
Liabilities And Stockholders Equity
4,3494,9497,2879,1537,7216,4446,8013,5803,1172,9571,9911,384
Preferred Stock Par Or Stated Value Per Share
000000000000
Preferred Stock Shares Authorized
505050505050505050505050
Preferred Stock Shares Issued
000000000000
Preferred Stock Shares Outstanding
000000000000
Common Stock Par Or Stated Value Per Share
000000000000
Common Stock Shares Authorized
800800800800800800800500500500500500
Common Stock Shares Issued
382381379379362346340305287269243210
Shares Outstanding
382381379379362346340305287269243210

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
2026-7.99%-7.39%-15.46%---------
2025-1.19%5.18%20.71%-1.93%10.11%17.82%-28.94%-42.30%-36.82%-15.13%23.17%46.14%
2024-0.66%1.02%9.77%3.03%-14.33%4.08%4.76%-22.16%-27.31%-9.57%3.70%6.82%
2023----23.66%-45.93%-43.64%60.23%174.74%108.77%-32.74%-46.83%-37.32%

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Performance and Valuation Metrics

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Metrics
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Liquidity Ratios
Current Ratio
0.89
1.84
1.27
2.09
0.54
0.79
4.94
4.00
3.75
23.07
30.51
11.33
Quick Ratio
0.81
1.72
1.19
2.01
0.44
0.72
4.57
3.72
3.47
22.61
29.81
10.38
Working Capital
-64.63M
279.64M
142.39M
502.55M
-204.57M
-76.54M
375.18M
179.58M
272.74M
1.57B
996.05M
394.47M
Leverage & Debt
Debt to Equity
1.54
1.17
1.10
0.77
0.61
0.73
0.64
0.25
0.18
0.19
0.23
0.33
Interest Coverage TTM
-69.16
-35.49
-25.30
12.10
9.28
-27.89
23.55
24.29
37.99
59.72
21.34
-27.60
Debt Ratio
0.60
0.53
0.52
0.43
0.38
0.42
0.39
0.20
0.15
0.16
0.19
0.26
Efficiency & Turnover
Asset Turnover TTM
0.13
0.15
0.13
0.14
0.15
0.15
0.15
0.24
0.25
0.24
0.24
0.18
Days Sales Outstanding TTM
-
-
-
-
-
-
-
1.70
12.11
6.09
-
-
Receivables Turnover TTM
-
-
-
-
-
-
-
214.45
30.14
59.94
-
-
Per Share Metrics
Diluted EPS TTM
-9.06
-5.37
-3.69
1.97
1.54
-0.96
1.74
0.55
1.26
2.02
1.68
-1.21
Free Cash Flow Per Share TTM
-3.25
-3.37
-3.41
-3.55
-3.50
-3.15
-3.20
-1.77
-1.46
-1.28
-1.87
-2.03
Dividend Per Share TTM
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Margin Metrics
Gross Profit Margin TTM
-1.88%
7.07%
14.81%
76.09%
118.31%
169.45%
224.28%
216.01%
207.82%
203.66%
203.96%
215.89%
Operating Profit Margin TTM
-366.26%
-201.04%
-134.96%
57.37%
38.52%
-85.76%
46.64%
25.08%
42.87%
93.41%
57.01%
-147.00%
Net Profit Margin TTM
-430.06%
-235.15%
-144.58%
100.82%
85.02%
-46.68%
82.46%
27.13%
62.19%
108.07%
83.50%
-85.74%
Growth Metrics
Net Revenue Growth (1Y)
0.73%
23.08%
38.20%
53.51%
41.32%
40.57%
69.38%
131.04%
224.69%
328.10%
229.09%
63.70%
Net Income Growth (1Y)
-609.54%
520.04%
-342.30%
470.52%
93.19%
-160.72%
67.27%
-173.10%
-197.92%
-196.37%
-146.62%
-22.67%
EPS Growth (1Y)
-571.26%
461.23%
-297.82%
352.25%
52.55%
-145.72%
6.06%
-144.51%
-159.20%
-159.21%
-128.77%
-49.82%
Valuation Metrics
P/E TTM
-1.53
-1.52
-2.43
7.33
8.15
-12.02
8.98
29.45
15.74
10.79
13.35
-6.87
P/B TTM
3.16
1.39
0.92
1.32
1.15
1.06
1.18
1.68
2.09
2.36
2.67
1.38
P/S TTM
6.59
3.57
3.52
7.39
6.93
5.61
7.41
7.99
9.79
11.66
11.14
5.89
Market Cap
5.30B
3.10B
3.19B
6.79B
5.53B
3.96B
4.86B
4.78B
5.53B
5.85B
4.32B
1.53B
Enterprise Value
7.30B
5.01B
6.25B
9.57B
8.03B
6.31B
6.72B
5.24B
5.61B
5.85B
4.29B
1.49B
Calculated Values
Free Cash Flow TTM
-1.24B
-1.28B
-1.21B
-1.32B
-1.23B
-1.08B
-927.85M
-520.86M
-406.90M
-331.96M
-343.26M
-364.31M
Net Debt
2.00B
1.91B
3.06B
2.78B
2.50B
2.36B
1.86B
459.44M
75.50M
1.82M
-31.66M
-32.05M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
PEG Ratio
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
EV Revenue TTM
EV FCF TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-06-22Sale
Owner: Mellinger, Douglas K
Title: -
Shares: 7,000
Price/Share: $16.00
Value: $112,000.00
Shares Owned: 231,618
Relationship: Director
Ownership: Direct
2026-06-17Sale
Owner: Thiel, Frederick G
Title: Chief Executive Officer
Shares: 27,505
Price/Share: $14.25
Value: $391,946.25
Shares Owned: 4,562,009
Relationship: Director,Officer
Ownership: Direct
2026-06-17Sale
Owner: Khan, Salman Hassan
Title: Chief Financial Officer
Shares: 16,000
Price/Share: $14.25
Value: $228,000.00
Shares Owned: 409,066
Relationship: Officer
Ownership: Indirect
2026-06-17Sale
Owner: Nowaid, Zabi
Title: General Counsel
Shares: 7,000
Price/Share: $14.25
Value: $99,750.00
Shares Owned: 963,768
Relationship: Officer
Ownership: Direct
2026-05-18Sale
Owner: Khan, Salman Hassan
Title: Chief Financial Officer
Shares: 16,000
Price/Share: $12.00
Value: $192,000.00
Shares Owned: 425,066
Relationship: Officer
Ownership: Indirect

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Institutional Ownership

No data available for chart
2026-03-31
60.76%
Inst. Shares: 231,000,968
Shares Outstanding: 380,157,050
2025-12-31
68.52%
Inst. Shares: 243,344,616
Shares Outstanding: 355,167,578
2025-09-30
72.91%
Inst. Shares: 271,262,791
Shares Outstanding: 372,073,173
2025-06-30
61.14%
Inst. Shares: 215,771,139
Shares Outstanding: 352,901,683
2025-03-31
56.85%
Inst. Shares: 195,615,599
Shares Outstanding: 344,098,009

MARA Holdings, Inc. (MARA) — SEC Financial Statements & Analysis

MARA Holdings, Inc. (MARA) is a finance services company, incorporated in NV. MARA Holdings, Inc. trades on Nasdaq as: MARA. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), MARA Holdings, Inc. reported a 0.73% year-over-year revenue growth, a Gross Profit Margin of -1.88% (TTM), a Debt-to-Equity ratio of 1.54x, a Price-to-Sales (P/S) ratio of 6.59x (TTM), a Price-to-Book (P/B) ratio of 3.16x (TTM), at a market cap of $5.30B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
0.73%
Gross Profit Margin TTM
-1.88%
Debt To Equity
1.54x
P/S TTM
6.59x
P/B TTM
3.16x
Market Cap
$5.30B

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is MARA Holdings, Inc. in?

MARA Holdings, Inc. (MARA) operates in the Finance Services industry.

What is MARA's market cap?

MARA Holdings, Inc. (MARA) has a market capitalization of $5.30B as of 2026-06-30.

What exchange does MARA trade on?

MARA Holdings, Inc. (MARA) trades on the Nasdaq.

Where is MARA Holdings, Inc. incorporated?

MARA Holdings, Inc. is incorporated in NV.

Wall Street's data.
Main Street's price.