mara holdings - MARA

MARA

Close Chg Chg %
8.25 0.03 0.36%

Pre-Market

8.28

+0.03 (0.36%)

Volume: 38.87M

Last Updated:

Mar 25, 2026, 4:00 PM EDT

Company Overview: mara holdings - MARA

MARA Key Data

Open

$8.58

Day Range

8.06 - 8.73

52 Week Range

6.66 - 23.45

Market Cap

$3.14B

Shares Outstanding

380.24M

Public Float

370.58M

Beta

5.53

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$3.44

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

50.10M

 

MARA Performance

1 Week
 
-2.13%
 
1 Month
 
-7.38%
 
3 Months
 
-13.66%
 
1 Year
 
-33.60%
 
5 Years
 
-77.06%
 

MARA Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 15
Full Ratings ➔

About mara holdings - MARA

MARA Holdings, Inc. is a digital asset technology company, which engages in mining cryptocurrencies with a focus on the Bitcoin ecosystem. It also deals with owning and operating bitcoin mining facilities or data centers, selling proprietary software or technology to third parties operating in the Bitcoin ecosystem, offering advisory and consulting services to support Bitcoin mining ventures in domestic and international jurisdictions, and generating electricity from renewable energy resources or methane gas capture to power Bitcoin mining projects. The company was founded on February 23, 2010 and is headquartered in Hallandale Beach, FL.

MARA At a Glance

MARA Holdings, Inc.
1010 South Federal Highway
Hallandale Beach, Florida 33309
Phone 1-800-804-1690 Revenue 907.09M
Industry Data Processing Services Net Income -1,311,480,000.00
Sector Technology Services 2025 Sales Growth 38.197%
Fiscal Year-end 12 / 2026 Employees 266
View SEC Filings

MARA Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 3.516
Price to Book Ratio 0.982
Price to Cash Flow Ratio 33.67
Enterprise Value to EBITDA -132.471
Enterprise Value to Sales 6.922
Total Debt to Enterprise Value 0.581

MARA Efficiency

Revenue/Employee 3,410,124.06
Income Per Employee -4,930,375.94
Receivables Turnover 48.926
Total Asset Turnover 0.126

MARA Liquidity

Current Ratio 1.273
Quick Ratio 1.273
Cash Ratio 1.076

MARA Profitability

Gross Margin -47.729
Operating Margin -90.417
Pretax Margin -150.841
Net Margin -144.581
Return on Assets -18.211
Return on Equity -34.509
Return on Total Capital -18.427
Return on Invested Capital -19.692

MARA Capital Structure

Total Debt to Total Equity 105.001
Total Debt to Total Capital 51.22
Total Debt to Total Assets 49.097
Long-Term Debt to Equity 93.487
Long-Term Debt to Total Capital 45.603
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Mara Holdings - MARA

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
117.75M 387.51M 656.38M 907.09M
Sales Growth
-21.74% +229.09% +69.38% +38.20%
Cost of Goods Sold (COGS) incl D&A
151.43M 402.85M 838.67M 1.34B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
101.49M 179.51M 426.63M 772.77M
Depreciation
101.49M 179.51M 403.71M 758.20M
Amortization of Intangibles
- - 22.92M 14.57M
-
COGS Growth
-23.52% +166.04% +108.18% +59.78%
Gross Income
(33.67M) (15.34M) (182.29M) (432.94M)
Gross Income Growth
+29.14% +54.44% -1,088.11% -137.50%
Gross Profit Margin
-28.60% -3.96% -27.77% -47.73%
2022 2023 2024 2025 5-year trend
SG&A Expense
56.74M 95.23M 285.31M 378.05M
Research & Development
- - 13.23M 30.12M
-
Other SG&A
56.74M 95.23M 272.08M 347.94M
SGA Growth
+607.76% +67.84% +199.60% +32.51%
Other Operating Expense
- - - 9.17M
-
Unusual Expense
688.35M (413.75M) (1.09B) 524.10M
EBIT after Unusual Expense
(778.76M) 303.18M 619.03M (1.34B)
Non Operating Income/Expense
85.16M (15.23M) 10.47M 24.38M
Non-Operating Interest Income
- - 16.71M 55.85M
-
Equity in Earnings of Affiliates
- (617.00K) (1.50M) (4.70M)
Interest Expense
14.98M 10.35M 13.00M 48.38M
Interest Expense Growth
+854.30% -30.91% +25.57% +272.28%
Gross Interest Expense
14.98M 10.35M 13.00M 48.38M
Interest Capitalized
- - - -
-
Pretax Income
(708.58M) 277.60M 616.50M (1.37B)
Pretax Income Growth
-5,286.88% +139.18% +122.08% -321.94%
Pretax Margin
-601.75% +71.64% +93.92% -150.84%
Income Tax
(21.84M) 16.43M 75.50M (56.38M)
Income Tax - Current - Domestic
131.26M (51.36M) (75.68M) 216.68M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(153.10M) 67.79M 151.18M (273.05M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- (617.00K) (1.50M) (4.70M)
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(686.74M) 261.17M 541.01M (1.31B)
Minority Interest Expense
- - (245.00K) (412.00K)
-
Net Income
(686.74M) 261.17M 541.25M (1.31B)
Net Income Growth
-1,798.41% +138.03% +107.24% -342.30%
Net Margin Growth
-583.20% +67.40% +82.46% -144.58%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(686.74M) 261.17M 541.25M (1.31B)
Preferred Dividends
- - - 2.12M
-
Net Income Available to Common
(686.74M) 259.05M 541.25M (1.31B)
EPS (Basic)
-6.0523 1.409 1.8666 -3.6926
EPS (Basic) Growth
-1,561.81% +123.28% +32.48% -297.82%
Basic Shares Outstanding
113.47M 183.86M 289.96M 355.17M
EPS (Diluted)
-6.0523 1.3472 1.7357 -3.6926
EPS (Diluted) Growth
-1,561.81% +122.26% +28.84% -312.74%
Diluted Shares Outstanding
113.47M 192.29M 311.84M 355.17M
EBITDA
11.08M 68.94M (40.97M) (47.40M)
EBITDA Growth
+127.40% +522.31% -159.43% -15.67%
EBITDA Margin
+9.41% +17.79% -6.24% -5.23%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 16.10
Number of Ratings 15 Current Quarters Estimate -1.408
FY Report Date 03 / 2026 Current Year's Estimate -2.358
Last Quarter’s Earnings -4.52 Median PE on CY Estimate N/A
Year Ago Earnings -3.693 Next Fiscal Year Estimate -1.047
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 12 12 13 11
Mean Estimate -1.41 -0.28 -2.36 -1.05
High Estimates 0.53 0.65 0.38 1.85
Low Estimate -3.50 -0.80 -5.49 -5.56
Coefficient of Variance -104.06 -133.96 -78.46 -189.45

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 9 9 8
OVERWEIGHT 0 0 0
HOLD 5 4 5
UNDERWEIGHT 0 0 0
SELL 1 1 0
MEAN Overweight Overweight Overweight

Insider Actions for Mara Holdings - MARA

Date Name Shares Transaction Value
Feb 20, 2026 Frederick G. Thiel Chief Executive Officer; Director 3,381,861 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $7.66 per share 25,905,055.26
Feb 20, 2026 Frederick G. Thiel Chief Executive Officer; Director 4,155,722 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 20, 2026 Salman H. Khan Chief Financial Officer 359,165 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $7.66 per share 2,751,203.90
Feb 20, 2026 Salman H. Khan Chief Financial Officer 1,534,199 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 20, 2026 Zabi Nowaid General Counsel 894,633 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 10, 2025 Doug K. Mellinger Director 174,859 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $17.42 per share 3,046,043.78
May 21, 2025 Frederick G. Thiel Chief Executive Officer; Director 4,011,098 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $15.68 per share 62,894,016.64
May 21, 2025 Zabi Nowaid General Counsel 815,593 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $14.05 per share 11,459,081.65

Mara Holdings in the News