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Companies/Marathon Digital Holdings, Inc.
Company profile

Marathon Digital Holdings, Inc.

NASDAQ: MARA · Financial Services · Financial - Capital Markets
PublicHQ Las Vegas, NV · ClarkCIK 0001507605Reports USD
#409 of 1,011 Financial Services companies by revenuebottom-decile growth
EA Score
45D
FH 34DQ 72GM 13SS 65
v0.1 · 65/100 weight · provisional
↑ market scale, balance-sheet leverage · ↓ 3-yr revenue growth, revenue growth (YoY)
Methodology →
Revenue TTM
$867.8M
Rev growth YoY (TTM)
+23.1%
Net income (FY)
-$1.3B
Employees
171
Market cap
$4.7B
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$58.7M$58.7M2025
Net income-$1.3B-$1.3B2025
Operating income-$1.2B-$1.2B2025
Total assets$7.3B$7.3B2025
Liabilities$765.2M$765.2M2021
Equity$3.5B$3.5B2025

Revenue trend

FY2021 – FY2025 · USD
$150.5M
FY21
$117.8M
FY22
$51.1M
FY23
$132.9M
FY23
$230.7M
FY23
$57.7M
FY23
$96.5M
FY24
$58.7M
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Hosting Services100%
By geography

Not disclosed.

The read

Marathon Digital Holdings, Inc. booked $58.7M in FY2025 revenue, contracting 39% year over year — slower than 90% of Financial Services companies we track, at a -2234.1% net margin.

Peers · Financial Services
International Bancshares Corporation——ServisFirst Bancshares, Inc.——Piper Sandler Companies80B+SLM Corporation——
Neighbors
Clark →
Las Vegas Sands Corp.$13.0B80B+MGM Resorts International$17.5B68BWynn Resorts, Limited$7.1B65BMP Materials Corp.$224.4M49DBitmine Immersion Technologies, Inc.$6.1M47DBoyd Gaming Corporation$4.1B77B+
Key facts
CEOFrederick G. Thiel
SectorFinancial Services
IndustryFinancial - Capital Markets
HeadquartersLas Vegas, NV
ExchangeNASDAQ: MARA
Employees171
IPO date2012-05-04
Latest filings
8-K2026-06-258-K2026-06-2210-Q2026-05-118-K2026-05-11DEF 14A2026-04-308-K2026-04-308-K2026-03-2610-K2026-03-02
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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