| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | $907.1M+38.2% | $656.4M+69.4% | $387.5M+229.1% | $117.8M | |||||||||||||
| Purchased energy costs | $179.0M+82.4% | $98.2M | $0 | — | |||||||||||||
| Operating and maintenance costs | $96.0M+50.4% | $63.8M+345.9% | $14.3M | — | |||||||||||||
| Third-party hosting and other energy costs | $292.2M+13.6% | $257.3M+21.2% | $212.3M | — | |||||||||||||
| General and administrative | $349.9M+37.8% | $254.0M+203.7% | $83.6M+247.6% | -$56.6M | |||||||||||||
| Depreciation and amortization | $772.8M+80.1% | $429.2M+139.0% | $179.6M+328.2% | -$78.7M | |||||||||||||
| Change in fair value of digital assets | $304.6M+137.4% | -$813.8M-145.5% | -$331.5M-2192.4% | -$14.5M | |||||||||||||
| Change in fair value of derivative instrument | -$40.4M-2076.1% | $2.0M | $0 | $0 | |||||||||||||
| Impairment of goodwill and other assets | $109.0M | $0 | $0 | — | |||||||||||||
| Taxes other than on income | $9.2M+10.0% | $8.3M+53.2% | $5.4M | — | |||||||||||||
| Early termination expenses | $5.0M-86.9% | $38.1M | $0 | $0 | |||||||||||||
| Research and development | $30.1M+127.7% | $13.2M+370.4% | $2.8M+2969.4% | -$98K | |||||||||||||
| Restructuring costs | $23.8M | $0 | $0 | — | |||||||||||||
| Total costs and operating expenses | $2.13B+508.5% | $350.3M+110.2% | $166.6M | — | |||||||||||||
| Operating income (loss) | -$1.22B-499.9% | $306.1M+38.6% | $220.9M+132.8% | -$673.5M | |||||||||||||
| Change in fair value of digital assets - receivable, net | -$121.0M-140.4% | $299.8M | $0 | $0 | |||||||||||||
| Net gain from extinguishment of debt | $1.0M-92.2% | $13.1M-84.1% | $82.3M | $0 | |||||||||||||
| Interest income | $55.9M+234.2% | $16.7M+494.9% | $2.8M+175.1% | $1.0M | |||||||||||||
| Interest expense | -$48.4M-272.3% | -$13.0M-25.6% | -$10.3M+30.9% | -$15.0M | |||||||||||||
| Equity in net earnings of unconsolidated affiliate | -$4.7M-212.2% | -$1.5M-143.9% | -$617K | $0 | |||||||||||||
| Other | -$26.8M-465.6% | -$4.7M+72.8% | -$17.4M-6749.2% | $262K | |||||||||||||
| Total other income (loss) | -$144.0M-146.4% | $310.4M+447.5% | $56.7M | — | |||||||||||||
| Income (loss) before income taxes | -$1.37B-321.9% | $616.5M+122.1% | $277.6M+138.6% | -$718.3M | |||||||||||||
| Income tax benefit (expense) | $56.4M+174.7% | -$75.5M-359.6% | -$16.4M-167.8% | $24.2M | |||||||||||||
| Net income (loss) | -$1.31B-342.5% | $541.0M+107.1% | $261.2M+137.6% | -$694.0M | |||||||||||||
| Less: Net loss attributable to noncontrolling interest | $412K+68.2% | $245K | $0 | $0 | |||||||||||||
| Net income (loss) attributable to MARA | -$1.31B-342.3% | $541.3M+107.2% | $261.2M+137.6% | -$694.0M | |||||||||||||
| Series A preferred stock accretion to redemption value | $0 | $0+100.0% | -$2.1M | $0 | |||||||||||||
| Net income (loss) attributable to common stockholders | -$1.31B-342.3% | $541.3M+108.9% | $259.1M+137.3% | -$694.0M | |||||||||||||
| Net income (loss) per share of common stock - basic (in dollars per share) | -$3.69-297.3% | $1.87+32.6% | $1.41+123.0% | -$6.12 | |||||||||||||
| Weighted average shares of common stock - basic (in shares) | 355.17B+22.5% | 289.96B+57.7% | 183.86B+62.0% | 113.47B | |||||||||||||
| Net income (loss) per share of common stock - diluted (in dollars per share) | -$3.69-314.5% | $1.72+62.3% | $1.06+117.3% | -$6.12 | |||||||||||||
| Weighted average shares of common stock - diluted (in shares) | 355.17B+13.9% | 311.84B+62.2% | 192.29B+69.5% | 113.47B |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Last 4 years annual and quarterly free, full history (up to 20 years) on Pro.