MARA Holdings, Inc. — Cash Flow Charts
2 years of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Cash Flow
Cash Flow by Activity
Operating Cash Flow
$-803M
Free Cash Flow
$-1.21B
Investing Cash Flow
$-670M
Financing Cash Flow
$1.63B
Capex
$407M
Acquisitions
$36M
Stock Buybacks
$47M
Stock-Based Comp
$172M
Debt Issued
$0
Debt Repaid
$0
D&A
$773M
SBC Allocated Expense
$172M
SBC Unrecognized Cost
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