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MARA

MARA Holdings·NASDAQ
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MARA fundamentals

MARA Holdings (MARA) released its earnings on Nov 4, 2025: revenue was 252.41M (YoY +91.73%), missed estimates; EPS was 0.27 (YoY +184.38%), missed estimates.
Revenue / YoY
252.41M
+91.73%
EPS / YoY
0.27
+184.38%
Report date
Nov 4, 2025
MARA Earnings Call Summary for Q3,2025
  • Strategic Pivot to AI: MARA integrates Bitcoin mining with AI inference, targeting 'profit per megawatt hour' as core metric.
  • Major Deals: $1.5B potential with MPLX for low-cost AI/HPC, and Exaion acquisition for enterprise-grade AI infrastructure.
  • Financial Strength: $252M Q3 revenue, 256% BTC holdings growth, $7B liquid assets for expansion.
  • Cost Efficiency: 15% YoY improvement in mining costs, $39,235/BTC mined.
  • AI Focus: Exiting 2-phase cooling to prioritize ASIC-based inference AI with open-source models.
EPS
Revenue

Revenue & Expenses

MARA has released its 2025 Q3 earnings report, with revenue of 252.41M, reflecting a YoY change of 91.73%, and net profit of 123.13M, showing a YoY change of 198.67%. The Sankey diagram below clearly presents MARA's revenue sources and cost distribution.

Key Indicators

MARA Holdings (MARA) key financial stats and ratios, covering profitability, financial health, and leverage.
MARA Holdings (MARA)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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MARA Holdings (MARA)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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MARA Holdings (MARA)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does MARA Holdings (MARA) generate its revenue? Explore its key revenue streams and top earning regions.
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Track MARA Holdings (MARA) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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