MARA Holdings, Inc. Income Statement
MARA / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
MARA Holdings, Inc. reported $907M in revenue and $1.3B in net loss for FY2025. Revenue has grown at a 59.2% compound annual rate over the past 12 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -0.16 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $907.1M | $656.4M | $387.5M | $4.4M | $159.2M | $4.4M | $1.2M | $519.6K | $519.6K | $36.6M | $21.4M | $21.4M | $3.4M | - | - |
| Cost of Revenue | - | $815.8M | $402.9M | $6.9M | $42.4M | $6.9M | $2.5M | $3.5M | $3.5M | $26.5M | $11.8M | $11.8M | $957.0K | - | - |
| SG&A Expense | $349.9M | $254.0M | $83.6M | $6.4M | $174.4M | $6.4M | $465.8K | $831.0K | $831.0K | $840.2K | $545.5K | $545.5K | $544.3K | $303.5K | $5.2K |
| R&D Expense | $30.1M | $13.2M | $2.8M | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | -$1.2B | $306.1M | $220.9M | -$9.8M | -$3.0M | -$9.8M | -$4.2M | -$14.2M | -$14.2M | -$15.6M | -$6.2M | -$6.2M | -$3.7M | -$5.5M | -$9.8K |
| Interest Expense | - | - | $10.3M | $21.0K | $1.6M | $21.0K | $51.9K | $1.3M | $1.3M | $3.1M | $543.3K | $543.3K | $1.1K | $153 | - |
| Income Tax | -$56.4M | $75.5M | $16.4M | $2.0K | $25.0M | $2.0K | - | -$104.0K | -$104.0K | $11.5M | -$4.9M | -$4.9M | - | - | - |
| Net Income | -$1.3B | $541.3M | $261.2M | -$10.4M | -$29.8M | -$10.4M | -$3.5M | -$31.3M | -$31.3M | -$28.7M | -$3.2M | -$3.2M | -$3.5M | -$6.9M | -$109.3K |
| EPS (Basic) | $1.41 | -$6.12 | -$0.30 | -$0.13 | -$0.53 | - | - | - | - | -$1.19 | -$0.27 | - | - | - | - |
| EPS (Diluted) | $1.06 | -$6.12 | -$0.30 | - | -$0.53 | -$0.53 | -$2.41 | -$4.80 | -$7.55 | -$1.19 | -$0.27 | - | - | - | - |
| Shares Outstanding | 340.3M | 242.8M | 145.6M | 102.7M | 82.0M | 8.5M | 6.4M | 12.5M | 4.6M | 14.9M | 13.8M | 11.0M | 3.5M | 2.8M | 7.5M |
| Operating Margin | -135.0% | 46.6% | 57.0% | -225.3% | -1.9% | -225.3% | -357.7% | -2729.6% | -2729.6% | -42.5% | -29.0% | -29.0% | -107.5% | - | - |
| Profit Margin | -144.6% | 82.5% | 67.4% | -239.8% | -18.7% | -239.8% | -296.7% | -6030.1% | -6030.1% | -78.3% | -14.7% | -14.7% | -100.9% | - | - |