MARA Financial Statements
NASDAQ: MARAFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
MARA revenue and earnings
In fiscal 2025, MARA generated $907.1 million in revenue, up 38.2% from fiscal 2024, its 3rd consecutive year of revenue growth. MARA reported a net loss of $1.31 billion, compared with net income of $541.3 million a year earlier. Operating margin was -135.0%.
Diluted earnings per share came in at -$3.69, down from $1.72. Over the last 5 fiscal years, MARA's revenue has grown at a 190.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
MARA income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 907.09M | 656.38M | 387.51M | 117.75M | 159.16M | 4.36M | 1.19M | 1.56M | 519.62K | 36.63M |
| Revenue growth (YoY) | +38.20% | +69.38% | +229.09% | -26.02% | +3553.04% | +267.61% | -24.14% | +200.67% | -98.58% | +93.01% |
| Cost of Revenue | — | 815.75M | 402.85M | 151.42M | 42.40M | 7.00M | 2.48M | 3.35M | 3.47M | 26.52M |
| Gross Profit | — | -159.37M | -15.34M | -33.67M | 116.77M | -2.64M | -1.30M | -1.79M | -2.95M | 10.11M |
| Operating Expenses | — | -465.48M | -236.25M | 639.87M | 119.75M | 7.26M | 5.42M | 13.64M | 14.70M | 52.21M |
| Research & Development | 30.12M | 13.23M | 2.81M | 98.00K | — | — | — | — | — | — |
| Operating Income | -1.22B | 306.11M | 220.91M | -673.54M | -2.99M | -9.82M | -4.24M | -12.08M | -14.18M | -15.58M |
| Interest Expense | 48.38M | 13.00M | 10.35M | 14.98M | 1.57M | 21.00K | 51.91K | 81.48K | 1.31M | 3.14M |
| Other Income (Expense) | -144.02M | 310.39M | 56.69M | 262.00K | 71.93M | -612.27K | 722.05K | -668.85K | -3.17M | -1.73M |
| Pretax Income | -1.37B | 616.50M | 277.60M | -718.25M | -4.84M | -10.45M | -3.52M | -12.75M | -31.44M | -17.31M |
| Income Tax | -56.38M | 75.50M | 16.43M | -24.23M | 24.97M | 2.00K | — | 69.13K | -103.95K | 11.52M |
| Net Income | -1.31B | 541.25M | 261.17M | -694.02M | -29.81M | -10.45M | -3.52M | -12.81M | -31.33M | -28.67M |
| Net Income growth (YoY) | -342.30% | +107.24% | — | — | — | — | — | — | — | — |
| EPS (Basic) | -3.69 | 1.87 | 1.41 | -6.12 | -0.30 | -0.13 | -0.53 | -2.41 | -4.80 | -1.89 |
| EPS (Diluted) | -3.69 | 1.72 | 1.06 | -6.12 | -0.30 | -0.13 | -0.53 | -2.41 | -4.80 | -1.89 |
| Shares Outstanding (Basic) | 355.17M | 289.96M | 183.86M | 113.47M | 99.34M | 81.41M | 6.66M | 5.32M | 6.52M | 15.18M |
| Shares Outstanding (Diluted) | 355.17M | 311.84M | 192.29M | 113.47M | 99.34M | 81.41M | 6.66M | 5.32M | 6.52M | 15.18M |
| EBITDA | -451.48M | 735.30M | 406.45M | -594.83M | 11.92M | -6.75M | -3.32M | -10.07M | -14.16M | -15.58M |
| Gross Margin | — | -24.28% | -3.96% | -28.59% | 73.36% | -60.69% | -109.43% | -114.53% | -567.96% | 27.61% |
| Operating Margin | -134.96% | 46.64% | 57.01% | -572.00% | -1.88% | -225.34% | -357.66% | -772.95% | -2729.58% | -42.54% |
| Net Margin | -144.58% | 82.46% | 67.40% | -589.39% | -18.73% | -239.80% | -296.74% | -820.18% | -6030.07% | -78.26% |
This table shows 10 annual periods of MARA's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow MARA's reporting calendar. What is a income statement?