MARA HOLDINGS, INC. — Earnings
Most recent reported period: FY2025 (Q4) (filed for period ending 2025-12-31) · sourced from SEC EDGAR
Next earnings (estimated): Wed, April 1, 2026 — 30 days overdue (likely already filed but EDGAR cache cold). Anchored to latest quarter-end + 91 days. Analyst-confirmed dates land in a follow-up wave.
YoY = vs same quarter prior year (seasonality-adjusted)
Recent earnings · last 8 quarters
| Quarter end | Revenue | YoY | Net Income | YoY | Op. Margin |
|---|---|---|---|---|---|
| 2025-12-31 | $202M | ↓-5.6% | — | — | — |
| 2025-09-30 | $252M | ↑+91.7% | $123M | ↑+198.7% | 18.9% |
| 2025-06-30 | $238M | ↑+64.3% | $808M | ↑+504.8% | 285.0% |
| 2025-03-31 | $214M | ↑+29.5% | $-533M | ↓-258.2% | -253.0% |
| 2024-12-31 | $214M | ↑+36.8% | $529M | ↑+248.1% | 159.1% |
| 2024-09-30 | $132M | ↑+34.5% | $-125M | ↓-31897.2% | -130.8% |
| 2024-06-30 | $145M | ↑+77.5% | $-200M | ↓-2127.8% | -160.1% |
| 2024-03-31 | $165M | ↑+223.1% | $337M | ↑+184.1% | 223.8% |
Analyst consensus estimates (EPS / Revenue) and implied move from options will land in a follow-up wave. For now, YoY-vs-prior-year-quarter is the surprise proxy.
Last earnings · FY2025 (Q4)
Revenue
$202M
↓-5.6% -$12M YoY
Earnings surprise · last 8 quarters
YoY % change · proxy for analyst surprise until estimates landEPS history · last 10 fiscal years
diluted, GAAP, annualNote: EPS reflects WEIGHTED-AVERAGE diluted shares for each fiscal year. Pre-stock- split values can blow up the early bars if SEC's XBRL data isn't split-adjusted — flagged as a known limitation; cumulative split-adjustment is a follow-up.
Go deeper
MARA Sankey — flow of dollars
See how revenue waterfalls through every line item to net income for the latest reported quarter, with prior-period comparison.
Open SankeyMARA Key Metrics — EPS, ROE, ROIC
10 CFA-grade fundamental ratios — EPS, BVPS, ROE, ROA, ROIC, Debt/Equity, Current Ratio. Compare across years.
Open Key Metrics