MARA Cash Flow Statement
NASDAQ: MARAFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
MARA free cash flow
In fiscal 2025, MARA generated -$802.7 million of operating cash flow and spent $407.1 million on capital expenditures. That left free cash flow of -$1.21 billion, a free-cash-flow margin of -133.4% of revenue. MARA returned $46.9 million to shareholders through share repurchases.
Summary generated from market data by MetaCap's automated system. Methodology
MARA cash flow 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | -1.31B | 541.01M | 261.17M | -694.02M | -29.81M | -10.45M | -3.52M | -12.81M | -31.33M | -28.83M |
| Net Income growth (YoY) | -342.49% | +107.15% | — | — | — | — | — | — | — | — |
| Depreciation & Amortization | 772.77M | 429.19M | 185.54M | 78.71M | 14.90M | 3.06M | 923.30K | 2.00M | 26.11K | 4.26K |
| Stock-Based Compensation | 172.29M | 157.64M | 32.64M | 24.59M | 160.79M | 1.18M | 933.68K | 1.43M | 1.98M | 1.95M |
| Change in Working Capital | -1.15M | 15.71M | -2.47M | -35.52M | 13.37M | 621.00K | -432.41K | -1.10M | -830.44K | 630.31K |
| Operating Cash Flow | -802.73M | -677.02M | -315.65M | -176.48M | -18.96M | -7.77M | -3.32M | -8.24M | -10.81M | 10.17M |
| Capital Expenditures | -407.07M | -250.82M | -27.61M | -41.11M | -273.85M | -17.74M | -5.22K | -5.25M | -7.79K | -8.39K |
| Investing Cash Flow | -669.92M | -3.23B | 4.59M | -390.23M | -891.14M | -81.29M | 1.21M | -4.16M | -7.79K | -3.69M |
| Share Repurchases | -46.92M | -37.40M | -380.00K | 0 | — | — | — | — | — | — |
| Debt Issued | — | 0 | 0 | 120.00M | 77.50M | — | — | — | — | — |
| Debt Repaid | 0 | 0 | -50.00M | -120.00M | -77.50M | — | — | — | — | — |
| Financing Cash Flow | 1.63B | 3.95B | 555.86M | 410.65M | 1.04B | 229.69M | 245.49K | — | 20.45M | -4.01M |
| Net Change in Cash | 155.36M | 46.46M | 244.81M | -156.05M | 127.23M | 140.63M | -1.86M | -12.40M | 9.95M | 2.44M |
| Free Cash Flow | -1.21B | -927.85M | -343.26M | -217.59M | -292.81M | -25.52M | -3.32M | -13.49M | -10.82M | 10.16M |
This table shows 10 annual periods of MARA's cash flow statement, from FY 2025 back to FY 2016, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow MARA's reporting calendar. What is a cash flow statement?