Financials in USD. Standardized financial statements.
A compact view of how Marathon Digital Holdings, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $907.09M | $656.38M | $387.51M | $117.75M | $159.16M | $4.36M | $1.19M | $1.56M | $519,622 | $36.63M |
| Revenue Growth? | +38.2% | +69.4% | +229.1% | -26.0% | +3553.0% | +267.6% | -24.1% | +200.7% | -98.6% | 0.0% |
| Cost of Revenue? | $1.34B | $815.75M | $402.85M | $151.42M | $42.40M | $6.92M | $3.96M | $5.34M | $7.83M | $32.00M |
| Gross Profit? | -$432.94M | -$159.37M | -$15.34M | -$33.67M | $116.77M | -$2.56M | -$2.77M | -$3.77M | -$7.31M | $4.63M |
| Gross Margin? | -47.7% | -24.3% | -4.0% | -28.6% | +73.4% | -58.7% | -233.9% | -241.5% | -1407.5% | +12.6% |
| Operating Expenses? | $389.23M | -$465.48M | -$236.25M | $639.87M | $174.35M | $7.26M | $1.47M | $8.30M | $6.87M | $20.21M |
| Operating Income? | -$822.17M | $306.11M | $220.91M | -$673.54M | -$57.59M | -$9.82M | -$4.24M | -$12.08M | -$14.18M | -$15.58M |
| EBITDA? | -$49.40M | $1.06B | $467.46M | -$624.56M | $1.95M | -$7.36M | -$2.39M | -$8.30M | -$24.72M | -$6.71M |
| Income Before Tax | -$1.37B | $616.50M | $277.60M | -$718.25M | -$14.52M | -$10.45M | -$3.52M | -$12.75M | -$31.44M | -$17.31M |
| Income Tax Expense | -$56.38M | $75.50M | $16.43M | -$24.23M | $22.58M | $2,000 | $0 | $69,134 | -$103,952 | $11.52M |
| Net Income? | -$1.31B | $541.25M | $261.17M | -$694.02M | -$37.10M | -$10.45M | -$3.52M | -$12.81M | -$31.33M | -$28.67M |
| EPS? | $-3.69 | $1.87 | $1.41 | $-6.12 | $-0.37 | $-0.13 | $-0.61 | $-2.41 | $-19.22 | $-30.22 |
| Diluted EPS? | $-3.69 | $1.72 | $1.06 | $-6.12 | $-0.37 | $-0.13 | $-0.61 | $-2.41 | $-19.22 | $-30.22 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality