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    Marathon Digital Holdings Inc (MARA)

    Official site

    FINANCIAL SERVICES • CAPITAL MARKETS • NASDAQ

    $10.77
    +0.10 (+0.94%)

    Market Cap: $4.12B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    39%(12/31)
    Avg Surprise
    -93.45%

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$-0.33
    Range$-0.55 - $-0.10
    2 analysts
    EPS RevisionsNo revisions (7d)No revisions (30d)
    EPS Estimate Drift
    90d ago$0.94+389.2%
    60d ago$0.20+160.0%
    30d ago$0.20+160.0%
    7d ago$0.20+160.0%
    Current$-0.33
    Revenue Consensus
    $178M
    Range$145M - $215M
    8 analysts
    Dec 31, 2026
    EPS Consensus$-3.71
    Range$-3.71 - $-3.71
    1 analysts
    Revenue Consensus
    $129M
    Range$68M - $166M
    7 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$-3.71---
    Sep 26EST
    		-$-0.33---
    Jun 26
    		$-0.70$-0.56-25.00%Miss-136.1%
    Mar 26
    		$-0.63$-0.85+25.88%Beat+60.1%
    Dec 25
    		$-0.46$-0.23-100.00%Miss-136.1%
    Sep 25
    		$0.37$0.35+5.71%Beat+285.0%
    Jun 25
    		$1.94$-0.28+792.86%Beat+377.1%
    Mar 25
    		$-1.58$0.72-319.44%Miss-219.7%
    Dec 24
    		$1.27$-0.20+753.23%Beat+93.0%
    Sep 24
    		$-0.20$-0.29+31.03%Beat-185.7%
    Jun 24
    		$-0.70$0.09-877.78%Miss-600.0%
    Mar 24
    		$1.32$0.87+51.72%Beat+3400.0%
    Dec 23
    		$0.66$0.03+2100.00%Beat+224.5%
    Sep 23
    		$-0.07N/A+63.16%Beat+77.4%
    Jun 23
    		$-0.10$-0.08-25.00%Miss+95.5%
    Mar 23
    		$-0.04N/A+63.64%Beat-100.0%
    Dec 22
    		$-0.53$-0.16-231.25%Miss-630.0%
    Sep 22
    		$-0.31$-0.18-72.22%Miss-136.5%
    Jun 22
    		$-2.23$-0.07-3085.71%Miss-139.8%
    Mar 22
    		$-0.02N/A-109.09%Miss-102.3%
    Dec 21
    		$0.10N/A-70.59%Miss+225.0%
    Sep 21
    		$0.85$0.32+165.63%Beat+1516.7%
    Jun 21
    		$-0.93$0.10-1030.00%Miss+88.4%
    Mar 21
    		$0.87$0.02+4250.00%Beat+110.8%
    Dec 20
    		$-0.08$-0.01-700.00%Miss+99.0%
    Sep 20
    		$-0.06N/AN/ABeat+99.3%
    Jun 20
    		$-8.02N/AN/ABeat+0.0%
    Mar 20
    		$-8.02N/AN/ABeat+0.0%
    Dec 19
    		$-8.02N/AN/ABeat-299.0%
    Sep 19
    		$-8.02N/AN/ABeat-3241.7%
    Jun 19
    		$-8.02N/AN/ABeat-299.0%
    Mar 19
    		$-8.02N/AN/ABeat-299.0%
    Dec 18
    		$-2.01$1.92-204.69%Miss-118.5%
    Sep 18
    		$-0.24$-0.04-500.00%Miss+83.3%
    Jun 18
    		$-2.01$-0.08-2412.50%Miss+3.4%
    Mar 18
    		$-2.01$-0.24-737.50%Miss+92.8%
    Sep 17
    		$-0.92$0.00N/ABeat+72.6%
    Jun 17
    		$-1.44$-1.44+0.00%Beat-
    Mar 17
    		$-2.08$-1.44-44.44%Miss-
    Dec 16
    		$-27.84$-4.32-544.44%Miss-
    Sep 16
    		$-3.36$-1.60-110.00%Miss-

    Key Metrics

    Valuation
    P/E Ratio-7.58EV/EBITDA3.31x
    Price/FCF-2.62xFCF Yield-38.10%
    Profitability
    Profit Margin0.00%Operating Margin-265.20%
    ROE-105.60%ROIC14.69%
    Financial Health
    Debt/Equity1.46xInterest Coverage48.44x
    Current Ratio0.89xQuick Ratio0.89x
    Trading Statistics
    Beta5.36Avg Volume47.38M
    52-Week High$23.4552-Week Low$6.66

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$10.86
    SMA 20$10.46
    SMA 50$11.72
    SMA 200$10.95
    EMA 10$10.89
    EMA 20$10.85
    EMA 50$11.36
    EMA 200$11.97

    MACD

    Line: -0.10Signal: -0.29Hist: 0.19

    ADX

    ADX: 19.1+DI: 24.1-DI: 19.3

    Aroon & PSAR

    Aroon Up76.0
    Aroon Down68.0
    PSAR$9.54

    Bollinger Bands

    Upper Band$12.38
    Lower Band$8.55
    %B Position3654%(Upper)
    Band Width0.58

    RSI (14-Day)

    Neutral
    48.6

    Momentum Oscillators

    Stoch %K63.9
    Stoch %D70.0
    Williams %R-44.9
    ROC (10d)10.9%
    Momentum1.05
    CCI (20d)9.8
    MFI (14d)62.7

    Volatility Measures

    ATR (14d)$0.99(9.2%)
    StdDev (20d)0.96
    Hist Vol97.3%(High)

    Volume Flow

    VWAP$10.64
    OBV-109.2M
    AD Line-877.6M
    CMF (20d)-0.155

    Volume Metrics

    Avg Vol (20d)48.4M
    Vol Ratio0.5x(Low)
    VWMA (20d)$10.54

    Pivot Points

    R3$12.37
    R2$11.98
    R1$11.33
    Pivot Point$10.94
    S1$10.29
    S2$9.90
    S3$9.25

    Advanced Oscillators

    TSI-2.96
    Ultimate Osc40.3
    KST-77.49

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$174.88M$174.61M$202.31M$252.41M$238.49M$213.88M$214.39M$131.65M$145.14M$165.20M$156.77M$97.85M
    Cost of Revenue$48.75M$336.97M$443.45M$43.08M$41.73M$43.48M$267.19M$198.66M$93.89M$6.09M$146.07M$113.18M
    Gross Profit$126.13M$-162,354,000$-241,139,000$209.33M$196.75M$170.40M$-52,793,000$-67,016,000$51.25M$159.11M$10.70M$-15,327,000
    Operating Expenses$394.12M$86.52M$90.67M$161.74M$-483,022,000$711.47M$-393,820,000$105.21M$283.65M$-210,594,000$39.25M$64.83M
    R&D$7.17M$8.25M$3.56M$8.72M$8.55M$9.30M$4.11M$2.81M$3.85M$2.47M$1.24M$713,000
    SG&A$114.70M$86.86M$85.83M$85.30M$92.95M$85.86M$77.92M$63.73M$57.12M$68.91M$39.25M$19.43M
    Operating Income$-267,989,000$-248,871,000$-331,810,000$47.59M$679.78M$-541,063,000$341.03M$-172,223,000$-232,397,000$369.70M$-28,553,000$-80,160,000
    Interest Income$10.26M$10.53M$16.54M$17.69M$9.63M$11.99M$8.06M$3.89M$2.19M$2.57M$0$426,000
    Interest Expense$6.26M$10.72M$12.85M$12.76M$12.84M$9.94M$8.03M$2.34M$1.37M$1.26M$1.21M$2.54M
    Income Before Tax$-610,737,000$-1,293,329,000$-1,893,174,000$160.81M$1.02B$-652,615,000$646.54M$-173,950,000$-231,316,000$375.22M$239.48M$-317,000
    Income Tax Expense$580,000$-30,932,000$-183,386,000$37.68M$208.50M$-119,172,000$118.26M$-49,161,000$-31,657,000$38.05M$16.07M$73,000
    Net Income$-609,685,000$-1,259,619,000$-1,709,644,000$123.13M$808.24M$-533,199,000$528.53M$-124,789,000$-199,659,000$337.17M$223.40M$-390,000
    EBITDA$-429,809,000$-57,315,000$-1,594,511,000$340.88M$1.19B$-484,777,000$791.60M$-70,253,000$-122,669,000$458.08M$311.65M$55.77M
    EBIT$-604,473,000$-248,871,000$-1,880,329,000$173.57M$1.03B$-642,674,000$654.57M$-171,608,000$-229,947,000$376.48M$240.69M$2.22M
    * Some calculated fields are derived from available data when not provided by source

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    News

    MARA Stock Pops As Bitcoin Hoard And HPC Pivot Draw Trader Focus

    MARA Holdings Inc. (NASDAQ: MARA) stock surged by 5.72% following the announcement of a strategic acquisition, driven by its substantial bitcoin holdings and a pivot towards high-performance computing (HPC). The company holds 35,577 bitcoin, valued at approximately $2.1 billion, making it highly leveraged to cryptocurrency price movements. Analysts are divided on its valuation, with some trimming price targets due to the shift from bitcoin mining to HPC via a joint venture, while others anticipate growth from new HPC lease deals.

    StocksToTrade•8/25/26•
    Somewhat-Bullish

    MARA Holdings Company Profile & Introduction

    This article provides a company profile and introduction for MARA Holdings. It outlines key aspects of the company's operations, background, and business model. The content serves as a foundational overview for understanding MARA Holdings.

    Moomoo•8/23/26•
    Neutral

    Marathon Digital Holdings, Inc. (MARA) Reports Q1 Loss, Misses Revenue Estimates

    Marathon Digital Holdings, Inc. (MARA) reported a Q1 loss of $0.61 per share, missing the Zacks Consensus Estimate of a $0.46 loss and falling short of revenue estimates with $174.61 million against an expected $199.89 million. Despite this, MARA shares have gained 44.1% year-to-date, significantly outperforming the S&P 500's 8.1% gain. The company currently holds a Zacks Rank #3 (Hold), indicating an expectation for in-line market performance.

    Eastern Progress•8/22/26•
    Neutral

    Nowaid Zabi, MARA Holdings general counsel, sells $100,512 in stock

    Nowaid Zabi, General Counsel at MARA Holdings, Inc. (NASDAQ:MARA), sold 8,376 shares of common stock for $100,512 on August 21, 2026, at a price of $12 per share under a Rule 10b5-1 trading plan. This transaction occurred despite MARA appearing overvalued according to InvestingPro analysis, following a week with significant stock volatility. The company recently reported disappointing Q2 2026 financial results, missing analyst expectations with a net loss per share and lower-than-forecasted revenue.

    Investing.com•8/22/26•
    Bearish

    MARA Holdings | 4: Statement of changes in beneficial ownership of securities-Officer Nowaid Zabi

    This document from MARA Holdings details a statement of changes in beneficial ownership of securities for Officer Nowaid Zabi. It is a standard regulatory filing indicating alterations in an executive's holdings within the company.

    Moomoo•8/22/26•
    Neutral

    Frequently Asked Questions About MARA

    Does MARA pay dividends?
    Marathon Digital Holdings Inc (MARA) does not currently pay a regular dividend.
    What is MARA's market cap?
    Marathon Digital Holdings Inc (MARA) has a market capitalization of $4.12B with a current stock price of $10.77.

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