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MARA MARA Holdings, Inc.

Trailing twelve months to 2026-06-30 · as filed 2026-08-06, not restated
Financials

Scale

Market cap
$4.7bn
Revenue TTM
$60m
Net income TTM
$-3.5bn
Free cash flow
$-1.2bn
Composite score
8.9
Sector rank
#1123

Valuation

P / E
EV / EBITDA
EV / sales
103.6
FCF yield
-26.34%
Earnings yield vs 10-yr
-78.30pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
-5,769.0%
EBITDA margin
-3,570.9%
ROE
-208.4%
ROIC
-92.9%
Revenue growth
5.5%

Insider activity, last 90 days

Net open-market
$-1.91m
Buyers
0
Sellers
4

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

We are developing large-scale data center campuses, including co-located generation, land, water access and grid interconnection, to serve the growing demand for training, inference and critical IT workloads, with the goal of increasing the proportion of revenue derived from these higher-value workloads. 3. The increase was primarily due to an increase in our average operational hashrate driven by the continued fleet expansion and the energization of new mining capacity, partially offset by an increase in the global hashrate, resulting in higher network difficulty and fewer blocks mined. …MARA Holdings, Inc., 10-Q, period ended 2026-06-30, filed 2026-08-06

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