MARA Holdings/$MARA
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About MARA Holdings
MARA Holdings Inc leverages digital asset computing to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value. The company also offers technology solutions to optimize data center operations, including next-generation liquid immersion cooling and firmware for Bitcoin miners. It is focused on computing for, acquiring, and holding digital assets as a long-term investment.
- Ticker
- $MARA
- Sector
- Software & Cloud Services
- Primary listing
- NASDAQ
- Employees
- 266
- Headquarters
- Hallandale Beach, United States
- Website
- www.mara.com
MARA Holdings Metrics
BasicAdvanced
$4.3B
-
-$9.32
5.36
-
Price and volume
Market cap
$4.3B
Beta
5.36
52-week high
$23.45
52-week low
$6.66
Average daily volume
44M
Financial strength
Current ratio
0.891
Quick ratio
0.758
Long term debt to equity
1.124
Total debt to equity
1.402
Interest coverage (TTM)
-59.63%
Profitability
EBITDA (TTM)
-1,878.728
Gross margin (TTM)
40.12%
Net profit margin (TTM)
-429.71%
Operating margin (TTM)
-315.76%
Effective tax rate (TTM)
4.84%
Revenue per employee (TTM)
$3,020,000
Management effectiveness
Return on assets (TTM)
-26.30%
Return on equity (TTM)
-105.57%
Valuation
Price to revenue (TTM)
5.158
Price to book
2.57
Price to tangible book (TTM)
2.79
Price to free cash flow (TTM)
-3.212
Free cash flow yield (TTM)
-31.14%
Free cash flow per share (TTM)
-3.478
Growth
Revenue change (TTM)
0.73%
Earnings per share change (TTM)
-637.10%
3-year revenue growth (CAGR)
66.58%
10-year revenue growth (CAGR)
32.04%
3-year earnings per share growth (CAGR)
54.95%
10-year earnings per share growth (CAGR)
8.95%
What the Analysts think about MARA Holdings
Analyst ratings (Buy, Hold, Sell) for MARA Holdings stock.
Analyst projections of the future price of MARA Holdings stock.
Bulls say / Bears say
MARA expanded its energized hashrate by 22% year on year to 70.3 EH/s and mined 3% more bitcoin in Q2. Its cost per petahash per day also improved by 4%, suggesting it is scaling while keeping its mining operation relatively efficient. (MARA)
The Long Ridge deal would give MARA a 505 MW power plant and a large site for a planned data-centre campus, with an initial 200 MW build-out targeted. The site has drawn interest from potential AI and critical-IT tenants, offering a route to diversify beyond bitcoin mining if those plans progress. (MARA)
MARA repurchased about $1 billion of convertible notes in the first half of 2026, bringing reported debt to about $2.45 billion at June-end. Lower outstanding debt could reduce interest and future share-dilution pressure from those notes. (StockTitan)
Q2 revenue fell 27% year on year to $174.9 million, and MARA reported a $611 million net loss. Its results remain highly exposed to bitcoin prices, which fell sharply during the quarter and drove a large unrealised loss on digital assets. (MARA, StockTitan)
Mining costs per bitcoin are rising: purchased energy cost per bitcoin at MARA’s owned sites increased to $38,690 from $33,735 a year earlier. Higher power costs and network difficulty outpacing its hashrate growth are squeezing unit economics. (MARA)
Bitcoin-backed borrowing creates collateral risk as well as funding: MARA borrowed $600 million against bitcoin, and Trefis reported that 54% of its holdings were pledged. A bitcoin price fall could weaken that collateral and leave less of the treasury freely available. (Trefis)
Data summarised monthly by Lightyear AI. Last updated on 1 Oct 2026.
MARA Holdings Financial Performance
Revenues and expenses
MARA Holdings Earnings Performance
Company profitability
Upcoming events
No upcoming events
MARA Holdings News
AllArticlesVideos
Funds containing MARA Holdings
AllEURGBPUSD
Fund name | Fund size | $MARA weighting |
|---|---|---|
VanEck Crypto And Blockchain Innovators€DAVV | €548M | 4.42% |
VanEck Crypto And Blockchain Innovators£DAGB | £635M | 4.42% |
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.25% |
iShares S&P Small Cap 600£ISP6 | £2.4B | 0.25% |
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.15% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.