MARA MARA Holdings, Inc. - Common Stock

NASDAQ · Technology · Visualizza su SEC EDGAR ↗

$12,79

Prezzo · Mag 20, 2026

Fondamentali al Mag 11, 2026

Margine di Profitto Netto

-144.6%

MARA Snapshot del titolo Prezzo, capitalizzazione di mercato, P/E, EPS, ROE, debito/capitale proprio, intervallo 52 settimane

Prezzo

$12.79

Capitalizzazione di Mercato

$3.41B

P/E (TTM)

-2.4

EPS (TTM)

$-3.69

Ricavi (TTM)

$907M

Rendimento div.

—

ROE

-34.5%

D/E Debito/Patrimonio

1.1

Intervallo 52 sett.

$7 – $23

MARA Grafico del prezzo delle azioni OHLCV giornaliero con indicatori tecnici — panoramica, zoom e personalizza la tua visualizzazione

Performance decennale Andamento di ricavi, utile netto, margini e EPS

Ricavi e Utile Netto $907M

2017-12-31 → 2025-12-31

EPS $-3.69

2019-12-31 → 2025-12-31

Flusso di cassa libero $-1.21B

2017-12-31 → 2025-12-31

Margini -144.6%

Valutazione Rapporti P/E, P/S, P/B, EV/EBITDA — il titolo è costoso o economico?

Metrica

Tendenza 5 anni

MARA

Mediana dei peer

P/E (TTM)

-2.4

41.0

P/S (TTM)

3.8

4.7

P/B

1.0

7.3

EV / EBITDA

-5.3

—

Price / FCF (Prezzo / FCF)

-2.8

—

Redditività Margini lordi, operativi e netti; ROE, ROA, ROIC

Metrica

Tendenza 5 anni

MARA

Mediana dei peer

Operating Margin (Margine Operativo)

-135.0%

—

Net Profit Margin (Margine di Profitto Netto)

-144.6%

0.08%

ROA

-18.6%

1.3%

ROE

-34.5%

-1.7%

ROIC

-16.5%

—

Salute finanziaria Debito, liquidità, solvibilità — solidità del bilancio

Metrica

Tendenza 5 anni

MARA

Mediana dei peer

Debt / Equity (Debito / Patrimonio Netto)

1.1

3.5

Current Ratio (Rapporto corrente)

1.3

1.9

Quick Ratio

1.0

—

Crescita Crescita di ricavi, EPS e utile netto: YoY, CAGR 3Y, CAGR 5Y

Metrica

Tendenza 5 anni

MARA

Mediana dei peer

Revenue YoY (Ricavi YoY)

38.2%

—

Revenue CAGR 3Y (CAGR Ricavi 3Y)

97.5%

—

Revenue CAGR 5Y (CAGR Ricavi 5Y)

190.9%

—

EPS YoY

62.3%

—

Net Income YoY (Utile Netto YoY)

107.2%

—

Metriche per Azione EPS, valore contabile per azione, flusso di cassa per azione, dividendo per azione

Metrica

Tendenza 5 anni

MARA

Mediana dei peer

EPS (Diluted) (EPS (Diluito))

$-3.69

—

Efficienza del Capitale Rotazione delle attività, rotazione delle scorte, rotazione dei crediti

Metrica

Tendenza 5 anni

MARA

Mediana dei peer

MARA Consenso degli analisti Opinioni degli analisti, sia rialziste che ribassiste, target price a 12 mesi, potenziale di rialzo

COMPRA 22 analisti

Acquisto forte 4 18,2%
Compra 9 40,9%
Mantieni 8 36,4%
Vendi 1 4,5%
Vendita forte 0 0,0%

Target Price a 12 Mesi

10 analisti · 2026-05-17

Mediana $15.50

Media $18.32

Ora $12.79

Basso $8.50

Alto $30.00

Target mediano $15.50 +21,2%

Target medio $18.32 +43,3%

Cronologia utili EPS effettivo vs stima, surprise %, tasso di superamento, data prossimi utili

Sorpresa media

-1.1%

Periodo	EPS Actual	EPS Stimato	Sorpresa
31 Marzo 2026	$-3.31	$-2.20	-1.1%
31 Dicembre 2025	$-4.52	$-0.13	-4.4%
30 Settembre 2025	$0.31	$0.45	-0.14%
30 Giugno 2025	$1.89	$0.63	1.3%
31 Marzo 2025	$-1.21	$0.03	-1.2%

Confronto tra pari Metriche chiave rispetto ai pari del settore

Ticker	Capitalizzazione di Mercato	P/E	Rev YoY	Margine Netto	ROE	Margine lordo
MARA	$3.41B	-2.4	38.2%	-144.6%	-34.5%	—
IDCC	$8.18B	27.0	-4.0%	48.8%	37.2%	—
DBX	$6.75B	14.9	-1.1%	20.2%	-32.8%	80.1%
TTAN	—	-46.1	24.5%	-16.6%	-10.6%	70.1%
APPF	—	60.0	19.7%	14.8%	28.2%	—
PEGA	$10.17B	28.0	16.6%	22.5%	55.7%	75.9%
ZETA	—	-145.4	29.7%	-2.4%	-4.3%	—
KVYO	—	-295.2	31.6%	-2.6%	-2.8%	74.7%
ACIW	$4.91B	22.1	10.4%	12.9%	15.6%	—
CLSK	—	—	—	—	—	—
BILL	$4.77B	-660.9	13.4%	1.6%	0.62%	81.4%

Fondamentali Completi Tutte le metriche per anno — conto economico, stato patrimoniale, rendiconto finanziario

Conto Economico 18

Dati annuali Conto Economico per MARA
Metrica	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$907M	$656M	$388M	$118M	$159M	$4M	$1M	$2M	$519.6K	$37M	$19M	$21M
Cost of Revenue	·	$816M	$403M	$151M	$42M	$7M	$2M	$3M	$3M	$27M	$17M	$12M
Gross Profit	·	·	·	$-34M	$117M	·	·	·	·	·	·	·
R&D Expense	$30M	$13M	$3M	$98.0K	·	·	·	·	·	·	·	·
SG&A Expense	$350M	$254M	$84M	$57M	$174M	$6M	$465.8K	$1M	$831.0K	$840.2K	$1M	$545.5K
Operating Expenses	·	$-465M	$-236M	$640M	$120M	$7M	$5M	$14M	$15M	$52M	$45M	$28M
Operating Income	$-1.22B	$306M	$221M	$-674M	$-3M	$-10M	$-4M	$-12M	$-14M	$-16M	$-26M	$-6M
Interest Expense	·	·	$10M	$15M	$2M	$21.0K	$51.9K	$81.5K	$1M	$3M	$4M	$543.3K
Interest Income	$56M	$17M	$3M	$1M	$677.4K	$18.3K	$33.7K	$14.2K	$2.8K	$4.4K	$1.1K	$634
Other Non-op	$-27M	$-5M	$-17M	$262.0K	$-288.0K	$-607.0K	·	$-668.9K	$-3M	$-57.5K	$170.7K	$-52.2K
Pretax Income	$-1.37B	$617M	$278M	$-718M	$-5M	$-10M	$-4M	$-13M	$-31M	$-17M	$-25M	$-7M
Income Tax	$-56M	$75M	$16M	$-24M	$25M	$2.0K	·	$69.1K	$-104.0K	$12M	$-8M	$-5M
Net Income	$-1.31B	$541M	$261M	$-694M	$-30M	$-10M	$-4M	$-13M	$-31M	$-29M	$-17M	$-3M
EPS (Basic)	$-3.69	$1.87	$1.41	$-6.12	$-0.30	$-0.13	$-0.53	·	·	$-1.89	$-1.19	$-0.27
EPS (Diluted)	$-3.69	$1.72	$1.06	$-6.12	$-0.30	$-0.13	$-0.53	·	·	$-1.89	$-1.19	$-0.27
Shares (Basic)	355,167,578	289,961,989	183,855,570	113,467,837	99,337,587	81,408,340	6,664,238	·	·	15,178,056	14,208,787	11,660,879
Shares (Diluted)	355,167,578	311,841,347	192,293,277	113,467,837	99,337,587	81,408,340	6,664,238	·	·	15,178,056	14,208,787	11,660,879
EBITDA	$-1.22B	$306M	$221M	·	$-85M	$-10M	$-4M	$-12M	$-14M	$-16M	$-26M	$-6M

Stato Patrimoniale 29

Dati annuali Stato Patrimoniale per MARA
Metrica	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Equivalents	$547M	$392M	$357M	$104M	$269M	$141M	$693.0K	$3M	$15M	$5M	$3M	$5M
Short-term Investments	·	·	·	·	$224M	·	·	·	·	·	·	·
Receivables	·	·	$0	·	·	·	·	·	$6.8K	$95.1K	$136.8K	$217.0K
Prepaid Expense	$44M	$36M	$26M	$41M	$35M	$2M	$800.0K	$464.0K	$92.9K	$428.0K	$338.6K	$438.4K
Current Assets	$664M	$470M	$1.03B	$278M	$684M	$286M	$1M	$3M	$15M	$6M	$5M	$8M
PP&E (Net)	$1.49B	$1.55B	$672M	$273M	$276M	$17M	$4M	$1M	$10.0K	$28.3K	$61.3K	$53.8K
PP&E (Gross)	$2.69B	$2.14B	$868M	$290M	$298M	·	·	·	·	·	·	·
Accum. Depreciation	$1.20B	$594M	$196M	$17M	$21M	$6M	$3M	$4M	$134.5K	$108.4K	$67.1K	$16.1K
Goodwill	$0	$83M	$0	·	·	·	·	·	·	$222.8K	$4M	$5M
Intangibles	$988.0K	$3M	$0	·	$931.0K	$1M	$1M	$1M	·	$12M	$25M	$43M
Other Non-current Assets	·	·	·	·	·	·	·	·	·	$201.2K	$9.2K	·
Total Assets	$7.29B	$6.80B	$1.99B	$1.20B	$1.44B	$313M	$7M	$5M	$15M	$18M	$47M	$61M
Accounts Payable	$13M	$13M	$11M	$1M	$8M	$999.7K	$1M	$1M	$2M	$7M	$7M	$3M
Accrued Liabilities	$87M	$77M	$22M	$22M	$3M	·	·	·	·	·	·	·
Short-term Debt	$48M	$0	·	·	·	·	·	$999.1K	$2M	$13M	$10M	$17M
Current Liabilities	$522M	$95M	$34M	$26M	$11M	$1M	$2M	$2M	$8M	$20M	$17M	$22M
Capital Leases	$40M	$23M	$354.0K	$1M	·	·	$120.5K	·	·	·	·	·
Deferred Tax	$30M	$89M	$15M	$0	$23M	·	·	·	·	·	$1M	$2M
Other Non-current Liabilities	$12M	$8M	$0	·	·	·	·	·	·	$44.0K	$50.1K	·
Total Liabilities	·	·	·	·	$765M	$2M	$3M	$2M	$8M	$28M	$35M	$37M
Long-term Debt	$3.60B	$2.45B	$326M	$782M	$728M	·	$999.1K	$999.1K	$2M	$18M	·	·
Total Debt	$3.65B	·	$326M	·	·	·	·	$999.1K	$2M	$13M	$10M	·
Common Stock	$37.0K	$34.0K	$24.0K	$15.0K	$10.0K	$8.2K	$846	$638	$1.2K	$463	$1.5K	$1.4K
Paid-in Capital	$4.81B	$4.16B	$2.18B	$1.23B	$836M	$428M	$110M	$105M	$97M	$50M	$43M	$37M
Retained Earnings	$-1.34B	$-26M	$-568M	$-840M	$-146M	$-116M	$-106M	$-102M	$-89M	$-58M	$-29M	$-12M
AOCI	$0	·	·	·	·	$-450.7K	$-450.7K	$-450.7K	$-450.7K	$-1M	$-1M	$-388.4K
Stockholders' Equity	$3.47B	$4.13B	$1.62B	$386M	$682M	$312M	$4M	$3M	$7M	$-9M	$13M	$24M
Liabilities + Equity	$7.29B	$6.80B	$1.99B	$1.20B	$1.44B	$313M	$7M	$5M	$15M	$18M	$47M	$61M
Shares Outstanding	379,464,892	340,258,453	242,829,391	145,565,916	102,733,273	81,974,619	8,458,781	6,379,992	12,477,781	4,638,118	14,867,141	13,791,460

Flusso di cassa 15

Dati annuali Flusso di cassa per MARA
Metrica	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
D&A	$773M	$429M	$186M	$79M	$15M	$3M	·	·	·	·	$11M	$6M
Stock-based Comp	$172M	$158M	$33M	$25M	$161M	$1M	$933.7K	$1M	$2M	$2M	$2M	$2M
Deferred Tax	$-59M	$73M	$15M	$-25M	$25M	$9M	·	·	$-57.3K	$11M	$-8M	$-5M
Amort. of Intangibles	$900.0K	$23M	$0	$0	$71.2K	$71.2K	$71.2K	$66.0K	$2M	$7M	$11M	$6M
Operating Cash Flow	$-803M	$-677M	$-316M	$-176M	$-19M	$-8M	$-3M	$-8M	$-11M	$10M	$-3M	$4M
CapEx	$407M	$251M	$28M	$41M	$274M	$18M	$5.2K	$5M	$7.8K	$8.4K	$58.4K	$53.0K
Investing Cash Flow	$-670M	$-3.23B	$5M	$-390M	$-891M	$-81M	$1M	$-4M	$-7.8K	$-4M	·	·
Stock Issued	$569M	$1.85B	$608M	$361M	$312M	$223M	$255.9K	·	·	$5M	·	·
Stock Repurchased	$47M	$37M	$380.0K	$0	·	·	·	·	·	·	·	·
Net Stock Activity	$522M	$1.82B	$608M	·	$325M	$230M	$255.9K	·	·	$5M	·	·
Financing Cash Flow	$1.63B	$3.95B	$556M	$411M	$1.04B	$230M	$245.5K	·	$20M	$-4M	·	·
Net Change in Cash	$155M	$46M	$245M	$-156M	$127M	$141M	$-2M	$-12M	$10M	$2M	·	·
Taxes Paid	$2M	·	·	·	·	·	·	·	$5.5K	$43.1K	$168.4K	$39.1K
Free Cash Flow	$-1.21B	$-928M	$-343M	·	·	·	$-3M	$-13M	$-1M	$10M	$-3M	·
Levered FCF	·	·	$-353M	·	·	·	·	$-14M	$-2M	$5M	$-6M	·

Redditività 7

Dati annuali Redditività per MARA
Metrica	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Operating Margin	-135.0%	46.6%	57.0%	·	-56.5%	-225.7%	-357.7%	-772.9%	-2729.6%	-42.5%	-135.3%	-29.0%
Net Margin	-144.6%	82.5%	67.4%	·	-24.0%	-239.8%	-296.7%	-820.2%	-6030.1%	-78.3%	-89.3%	-14.7%
Pretax Margin	-150.8%	93.9%	71.6%	·	-8.7%	-239.8%	-296.7%	-815.8%	-6050.1%	-47.3%	-132.2%	-31.8%
EBITDA Margin	-135.0%	46.6%	57.0%	·	-56.5%	-225.7%	-357.7%	-772.9%	-2729.6%	-42.5%	-135.3%	-29.0%
ROA	-18.6%	12.3%	16.4%	·	-4.1%	-6.5%	-59.5%	-126.5%	-187.9%	-87.5%	-31.4%	-8.7%
ROE	-34.5%	18.8%	26.1%	·	-5.4%	-6.0%	-98.6%	-275.4%	3300.0%	-1613.8%	-91.7%	-17.3%
ROIC	-16.5%	6.5%	10.7%	·	-34.3%	·	·	-309.7%	-154.5%	-642.6%	-75.2%	-6.9%

Liquidità e Solvibilità 5

Dati annuali Liquidità e Solvibilità per MARA
Metrica	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Current Ratio	1.3	4.9	30.5	·	49.9	198.4	0.8	1.3	2.0	0.3	0.3	0.3
Quick Ratio	1.0	4.1	10.6	·	35.7	97.9	0.4	1.1	1.9	0.2	0.2	0.2
Debt / Equity	1.1	·	0.2	·	·	·	·	0.3	0.2	-1.4	0.8	·
LT Debt / Equity	0.9	·	0.2	·	·	·	·	·	·	·	·	·
Interest Coverage	·	·	21.3	·	-54.2	-468.6	-81.7	-148.2	-10.8	-5.0	-6.0	-11.4

Efficienza 2

Dati annuali Efficienza per MARA
Metrica	Tendenza	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Asset Turnover		0.1	0.1	0.2	·	0.2	0.0	0.2	0.2	0.0	1.1	0.4	0.6
Receivables Turnover		·	·	·	·	·	·	·	·	10.2	315.9	107.3	87.9

Per Azione 5

Dati annuali Per Azione per MARA
Metrica	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Book Value / Share	$9.15	$12.13	$6.65	·	$6.65	$3.80	$0.43	$0.11	$0.59	$-0.49	$0.85	$1.74
Revenue / Share	$2.55	$2.10	$2.02	·	$1.51	·	·	·	·	$2.41	$1.34	·
Cash Flow / Share	$-2.26	$-2.17	$-1.64	·	$-0.18	·	·	·	·	$0.67	$-0.21	·
Cash / Share	$1.44	$1.15	$1.47	·	$2.61	$1.72	$0.08	$0.10	$1.20	$0.27	$0.17	$0.37
EPS (TTM)	$-3.69	$1.72	$1.06	$-6.12	$-0.30	$-0.13	$-0.53	·	·	$-1.89	$-1.19	$-0.27

Tassi di Crescita 5

Dati annuali Tassi di Crescita per MARA
Metrica	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue YoY	38.2%	69.4%	229.1%	-26.0%	3553.0%	·	·	·	·	·	·	·
Revenue CAGR 3Y	97.5%	60.4%	346.4%	·	·	·	·	·	·	·	·	·
Revenue CAGR 5Y	190.9%	·	·	·	·	·	·	·	·	·	·	·
EPS YoY	·	62.3%	·	·	·	·	·	·	·	·	·	·
Net Income YoY	·	107.2%	·	·	·	·	·	·	·	·	·	·

Valutazione (TTM) 14

Dati annuali Valutazione (TTM) per MARA
Metrica	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue TTM	$907M	$656M	$388M	$118M	$159M	$4M	$1M	$2M	$519.6K	$37M	$19M	$21M
Net Income TTM	$-1.31B	$541M	$261M	$-694M	$-30M	$-10M	$-4M	$-13M	$-31M	$-29M	$-17M	$-3M
Market Cap	$3.41B	$5.71B	$5.70B	·	$3.38B	$856M	$7M	$37M	$205M	$511M	$381M	$1.88B
Enterprise Value	$6.51B	·	$5.67B	·	·	·	·	$35M	$191M	$519M	$388M	·
P/E	-2.4	9.8	22.2	-0.6	-109.5	-80.3	-1.7	·	·	-14.6	-21.5	-499.0
P/S	3.8	8.7	14.7	·	21.2	196.4	6.3	23.5	393.8	13.9	20.1	87.6
P/B	1.0	1.4	3.5	·	4.9	2.7	2.0	12.6	27.7	-56.0	30.0	77.3
P / Tangible Book	1.0	1.4	3.5	1.3	5.0	2.8	·	·	·	·	·	·
P / Cash Flow	-4.2	-8.4	-18.1	·	-185.3	-110.1	-2.2	-4.5	-191.3	50.2	-128.5	·
P / FCF	-2.8	-6.1	-16.6	·	·	·	-2.2	-2.7	-189.9	50.2	-126.0	·
EV / EBITDA	-5.3	·	25.7	·	·	·	·	-2.9	-13.5	-33.3	-15.1	·
EV / FCF	-5.4	·	-16.5	·	·	·	·	-2.6	-177.7	51.0	-128.6	·
EV / Revenue	7.2	·	14.6	·	·	·	·	22.5	368.4	14.2	20.5	·
Earnings Yield	-41.1%	10.3%	4.5%	-179.0%	-0.91%	-1.2%	-60.2%	·	·	-6.9%	-4.7%	-0.20%

Conto Economico 18

Dati trimestrali Conto Economico per MARA
Metrica	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Revenue	$175M	$202M	$252M	$238M	$214M	$214M	$132M	$145M	$165M	$157M	$98M	$82M	$51M	$28M	$13M	$25M
Cost of Revenue	·	·	·	·	·	·	$199M	$182M	$168M	·	$113M	$92M	$51M	$44M	$40M	$41M
Gross Profit	·	·	·	·	·	·	·	·	·	·	$-15M	$-11M	$22.0K	·	·	·
R&D Expense	$8M	$4M	$9M	$9M	$9M	$4M	$3M	$4M	$2M	$1M	$713.0K	$651.0K	$209.0K	·	·	·
SG&A Expense	$87M	$86M	$85M	$93M	$86M	$73M	$59M	$53M	$69M	$29M	$19M	$20M	$15M	$19M	$12M	$10M
Operating Expenses	·	·	·	·	·	·	$105M	$196M	$-373M	·	$65M	$-5M	$-122M	$396M	$17M	$182M
Operating Income	$-1.06B	$-1.41B	$48M	$680M	$-541M	$341M	$-172M	$-232M	$370M	$185M	$-80M	$-6M	$122M	$-411M	$-44M	$-198M
Interest Expense	·	·	·	·	·	·	·	·	$1M	·	$3M	$3M	$4M	$5M	$4M	$4M
Interest Income	$11M	$17M	$18M	$10M	$12M	$8M	$4M	$2M	$3M	$1M	$426.0K	$118.0K	·	·	·	·
Other Non-op	$4M	$-25M	$1M	$-6M	$2M	$-7M	$-1M	$93.0K	$3M	$-18M	$0	$30.0K	$791.0K	$-358.0K	$238.0K	$135.0K
Pretax Income	$-1.29B	$-1.89B	$161M	$1.02B	$-653M	$647M	$-174M	$-231M	$375M	$168M	$-317.0K	$-9M	$119M	$-415M	$-79M	$-202M
Income Tax	$-31M	$-183M	$38M	$209M	$-119M	$118M	$-49M	$-32M	$38M	$16M	$73.0K	$203.0K	$75.0K	$-23M	$-6M	$11M
Net Income	$-1.26B	$-1.71B	$123M	$808M	$-533M	$529M	$-125M	$-200M	$337M	$152M	$-390.0K	$-9M	$119M	$-392M	$-72M	$-213M
EPS (Basic)	$-3.31	$-4.76	$0.33	$2.29	$-1.55	$1.71	$-0.42	$-0.72	$1.30	$0.73	$0.00	$-0.07	$0.75	$-3.39	$-0.62	$-1.94
EPS (Diluted)	$-3.31	$-4.25	$0.27	$1.84	$-1.55	$1.60	$-0.42	$-0.72	$1.26	$0.75	$-0.34	$-0.07	$0.72	$-3.39	$-0.62	$-1.94
Shares (Basic)	380,157,050	-713,905,287	372,073,173	352,901,683	344,098,009	-542,753,866	294,942,685	278,674,506	259,098,664	-323,408,540	179,602,722	168,474,882	159,186,506	-215,605,868	116,533,816	109,437,293
Shares (Diluted)	380,157,050	-899,968,880	470,126,290	440,912,159	344,098,009	-529,688,287	294,942,685	278,674,506	267,912,443	-328,917,836	183,736,770	168,474,882	168,999,461	-215,605,868	116,533,816	109,437,293
EBITDA	$-1.06B	·	$48M	$680M	$-541M	·	$-172M	$-232M	$370M	·	$-16M	$-16M	$-4M	·	$-47M	$-178M

Stato Patrimoniale 26

Dati trimestrali Stato Patrimoniale per MARA
Metrica	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Cash & Equivalents	$514M	$547M	$826M	$109M	$196M	$392M	$164M	$256M	$324M	$357M	$101M	$114M	$125M	$104M	$55M	$86M
Receivables	·	·	·	·	·	·	$3M	$19M	$8M	·	·	·	·	·	·	·
Prepaid Expense	$41M	$44M	$40M	$41M	$28M	$36M	$17M	$28M	$33M	·	$36M	$52M	$60M	·	$26M	$12M
Current Assets	$611M	$664M	$962M	$236M	$292M	$470M	$239M	$372M	$1.64B	·	$433M	$422M	$386M	·	$240M	$362M
PP&E (Net)	$1.41B	$1.49B	$1.55B	$1.63B	$1.57B	$1.55B	$1.09B	$930M	$802M	·	$742M	$784M	$715M	·	$404M	$314M
PP&E (Gross)	$2.65B	$2.69B	$2.56B	$2.52B	$2.30B	$2.14B	$1.55B	$1.29B	$1.08B	·	$867M	$855M	$749M	·	·	·
Accum. Depreciation	$1.24B	$1.20B	$1.01B	$883M	$731M	$594M	$460M	$362M	$274M	·	$125M	$72M	$34M	·	$27M	$55M
Goodwill	$90M	$0	$83M	$83M	$83M	$83M	$45M	$45M	$31M	·	·	·	·	·	·	·
Intangibles	$43M	$988.0K	$771.0K	$2M	$2M	$3M	$2M	$2M	$22M	·	·	·	·	·	·	·
Total Assets	$4.95B	$7.29B	$9.15B	$7.72B	$6.44B	$6.80B	$3.58B	$3.12B	$2.96B	·	$1.38B	$1.37B	$1.30B	·	$1.48B	$1.51B
Accounts Payable	$8M	$13M	$11M	$10M	$6M	$13M	$13M	$29M	$33M	·	$15M	$7M	$3M	·	$19M	$51M
Accrued Liabilities	$105M	$87M	$74M	$57M	$46M	$77M	$37M	$67M	$32M	·	$22M	$20M	$18M	·	$2M	$3M
Short-term Debt	$48M	$48M	·	·	·	$0	·	·	·	·	·	·	·	·	·	·
Current Liabilities	$331M	$522M	$459M	$441M	$368M	$95M	$60M	$99M	$71M	·	$38M	$28M	$24M	·	$46M	$90M
Capital Leases	$41M	$40M	$40M	$40M	$33M	$23M	$15M	$15M	$13M	·	$388.0K	$423.0K	$909.0K	·	$1M	$1M
Deferred Tax	$9M	$30M	$216M	$178M	$0	$89M	$0	$21M	$53M	·	·	·	$75.0K	·	$23M	$29M
Other Non-current Liabilities	$13M	$12M	$12M	$12M	$12M	$8M	$8M	$8M	$17M	·	·	·	·	·	·	·
Long-term Debt	$2.42B	$3.60B	$3.25B	$2.25B	$2.30B	$2.45B	$619M	·	·	·	·	·	·	·	·	·
Total Debt	$2.46B	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Common Stock	$38.0K	$37.0K	$37.0K	$36.0K	$34.0K	$34.0K	$30.0K	$28.0K	$27.0K	·	$21.0K	$17.0K	$17.0K	·	$11.7K	$11.4K
Paid-in Capital	$4.83B	$4.81B	$4.79B	$4.54B	$4.28B	$4.16B	$3.41B	$3.07B	$2.71B	·	$1.82B	$1.46B	$1.39B	·	$1.06B	$1.02B
Retained Earnings	$-2.60B	$-1.34B	$372M	$249M	$-560M	$-26M	$-555M	$-430M	$-230M	·	$-803M	$-867M	$-848M	·	$-432M	$-357M
AOCI	$-5M	·	·	·	·	·	·	·	·	·	·	·	·	·	$-450.7K	$-450.7K
Stockholders' Equity	$2.23B	$3.47B	$5.16B	$4.79B	$3.72B	$4.13B	$2.86B	$2.64B	$2.48B	·	$1.02B	$594M	$546M	·	$625M	$659M
Liabilities + Equity	$4.95B	$7.29B	$9.15B	$7.72B	$6.44B	$6.80B	$3.58B	$3.12B	$2.96B	·	$1.38B	$1.37B	$1.30B	·	$1.48B	$1.51B
Shares Outstanding	380,873,087	379,464,892	378,601,057	362,337,906	346,279,403	340,258,453	304,912,746	287,046,579	268,944,172	242,829,391	210,184,718	174,209,038	167,259,602	145,565,916	116,810,405	113,865,235

Flusso di cassa 15

Dati trimestrali Flusso di cassa per MARA
Metrica	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
D&A	$192M	$286M	$167M	$162M	$158M	$140M	$124M	$111M	$82M	$77M	$54M	$37M	$18M	$14M	$26M	$20M
Stock-based Comp	$31M	$30M	$38M	$55M	$49M	$54M	$23M	$28M	$52M	$19M	$6M	$4M	$4M	$6M	$3M	$6M
Deferred Tax	·	·	·	·	·	·	·	·	·	·	·	·	·	$-25M	$-6M	·
Amort. of Intangibles	$1M	$100.0K	·	·	$300.0K	$242.0K	$219.0K	$19M	$3M	$0	$0	$0	$0	·	·	$8.7K
Restructuring	$46M	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Operating Cash Flow	$-247M	$-225M	$-199M	$-163M	$-215M	$-313M	$-160M	$-115M	$-88M	$-91M	$-82M	$-114M	$-91M	$-93M	$-43M	$-15M
CapEx	$80M	$164M	$85M	$119M	$39M	$187M	$38M	$17M	$9M	$2M	$2M	$6M	$17M	$21M	$6M	$7M
Investing Cash Flow	$1.19B	$-47M	$-286M	$-127M	$-210M	$-2.00B	$-538M	$-278M	$-417M	$5M	$34M	$38M	$-9M	$-22M	$-35M	$-125M
Stock Issued	$0	$-3M	$253M	$219M	$100M	$697M	$321M	$345M	$489M	$343M	$37M	$66M	$163M	$163M	$38M	$73M
Stock Repurchased	$7M	$4M	$8M	$15M	$20M	$8M	$6M	$7M	$17M	$380.0K	$0	$0	$0	·	·	·
Net Stock Activity	$-7M	·	·	·	$80M	·	·	·	$473M	·	·	·	$163M	·	·	·
Financing Cash Flow	$-1.11B	$-7M	$1.20B	$204M	$230M	$2.54B	$606M	$337M	$472M	$342M	$21M	$79M	$113M	$163M	$52M	$111M
Net Change in Cash	$-169M	$-279M	$717M	$-87M	$-196M	$228M	$-92M	$-56M	$-33M	$256M	$-27M	$3M	$12M	$48M	$-26M	$-29M
Free Cash Flow	$-327M	·	·	·	$-254M	·	·	·	$-97M	·	·	·	$-46M	·	·	·
Levered FCF	·	·	·	·	·	·	·	·	$-99M	·	·	·	$-50M	·	·	·

Redditività 7

Dati trimestrali Redditività per MARA
Metrica	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Operating Margin	-607.9%	·	18.9%	285.0%	-253.0%	·	-130.8%	-160.1%	223.8%	·	-16.0%	-19.9%	-7.5%	·	-367.6%	-715.1%
Net Margin	-723.0%	·	48.8%	338.9%	-249.4%	·	-94.8%	-137.6%	204.1%	·	65.5%	-23.4%	-14.1%	·	-594.3%	-769.0%
Pretax Margin	-740.7%	·	63.7%	426.3%	-305.1%	·	-132.1%	-159.4%	227.1%	·	65.6%	-23.2%	-14.0%	·	-639.6%	-729.5%
EBITDA Margin	-607.9%	·	18.9%	285.0%	-253.0%	·	-130.8%	-160.1%	223.8%	·	-16.0%	-19.9%	-7.5%	·	-367.6%	-715.1%
ROA	-22.2%	·	1.9%	14.9%	-11.3%	·	-5.0%	-8.9%	15.8%	·	4.5%	-1.3%	-0.51%	·	-7.0%	-18.3%
ROE	-42.4%	·	3.1%	21.7%	-17.2%	·	-6.4%	-12.3%	22.3%	·	7.8%	-3.0%	-1.1%	·	-11.7%	-30.9%
ROIC	-22.1%	·	0.71%	11.3%	-11.9%	·	-4.3%	-7.6%	13.4%	·	-1.5%	-2.8%	-0.71%	·	-6.9%	-28.5%

Liquidità e Solvibilità 5

Dati trimestrali Liquidità e Solvibilità per MARA
Metrica	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Current Ratio	1.8	·	2.1	0.5	0.8	·	4.0	3.7	23.1	·	11.3	14.9	16.2	·	5.3	4.0
Quick Ratio	1.5	·	1.8	0.2	0.5	·	2.8	2.8	4.7	·	2.7	4.0	5.2	·	1.2	1.0
Debt / Equity	1.1	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
LT Debt / Equity	1.0	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Interest Coverage	·	·	·	·	·	·	·	·	294.4	·	-6.2	-5.7	-1.0	·	-12.4	-47.5

Efficienza 2

Dati trimestrali Efficienza per MARA
Metrica	Tendenza	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Asset Turnover		0.0	·	0.0	0.0	0.0	·	0.1	0.1	0.1	·	0.1	0.1	0.0	·	0.0	0.0
Receivables Turnover		·	·	·	·	·	·	91.0	15.5	38.9	·	·	·	·	·	·	·

Per Azione 5

Dati trimestrali Per Azione per MARA
Metrica	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Book Value / Share	$5.86	·	$13.62	$13.22	$10.76	·	$9.37	$9.21	$9.21	·	$4.85	$3.41	$3.26	·	$5.35	$5.79
Revenue / Share	$0.46	·	$0.54	$0.54	$0.62	·	$0.45	$0.52	$0.62	·	$0.52	$0.49	·	·	·	·
Cash Flow / Share	$-0.65	·	·	·	$-0.63	·	·	·	$-0.33	·	·	·	·	·	·	·
Cash / Share	$1.35	·	$2.18	$0.30	$0.57	·	$0.54	$0.89	$1.21	·	$0.48	$0.65	$0.75	·	$0.47	$0.76
EPS (TTM)	$-2.75	·	$0.14	$-0.85	$-1.43	·	$-0.22	$0.13	$1.57	·	$-0.31	$-1.91	$-2.01	·	·	·

Valutazione (TTM) 14

Dati trimestrali Valutazione (TTM) per MARA
Metrica	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Revenue TTM	$879M	·	$836M	$729M	$656M	·	$540M	$490M	$396M	·	$259M	$174M	$117M	·	$141M	$158M
Net Income TTM	$-865M	·	$273M	$-50M	$-521M	·	$12M	$128M	$447M	·	$-283M	$-355M	$-559M	·	$-324M	$-361M
Market Cap	$3.11B	·	$6.91B	$5.68B	$3.98B	·	$4.95B	$5.70B	$6.07B	·	$1.79B	$2.41B	$1.46B	·	$1.25B	$608M
Enterprise Value	$5.06B	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
P/E	-3.0	·	130.4	-18.4	-8.0	·	-73.7	152.7	14.4	·	-27.4	-7.3	-4.3	·	·	·
P/S	3.5	·	8.3	7.8	6.1	·	9.2	11.6	15.3	·	6.9	13.9	12.4	·	8.9	3.9
P/B	1.4	·	1.3	1.2	1.1	·	1.7	2.2	2.5	·	1.8	4.1	2.7	·	2.0	0.9
P / Tangible Book	1.5	·	1.4	1.2	1.1	·	1.8	2.2	2.5	·	1.8	4.1	2.7	·	2.0	0.9
P / Cash Flow	-12.6	·	·	·	-18.5	·	·	·	-68.7	·	·	·	-50.6	·	·	·
P / FCF	-9.5	·	·	·	-15.7	·	·	·	-62.3	·	·	·	-31.7	·	·	·
EV / EBITDA	-4.8	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
EV / FCF	-15.5	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
EV / Revenue	5.8	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Earnings Yield	-33.7%	·	0.77%	-5.4%	-12.4%	·	-1.4%	0.65%	7.0%	·	-3.6%	-13.8%	-23.1%	·	·	·

Bilanci Conto economico, stato patrimoniale, flusso di cassa — annuale, ultimi 5 anni

Conto Economico

	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2022-03-31
Ricavi	$907M	$656M	$388M	$118M	—
Margine Operativo %	-135.0%	46.6%	57.0%	—	—
Utile netto	$-1.31B	$541M	$261M	$-694M	—
EPS Diluito	$-3.69	$1.72	$1.06	$-6.12	—

Stato Patrimoniale

	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2022-03-31
Debito / Patrimonio Netto	1.1	—	0.2	—	—
Rapporto corrente	1.3	4.9	30.5	—	—
Quick Ratio	1.0	4.1	10.6	—	—

Flusso di cassa

	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2022-03-31
Flusso di cassa libero	$-1.21B	$-928M	$-343M	—	—

Ultime notizie Notizie recenti che menzionano questa società

MARA Holdings (MARA) Acquisisce Long Ridge per 1,5 miliardi di dollari per Espandere la Potenza AI e di Mining Yahoo Finance · 1 settimana, 3 giorni fa
Interessanti Opzioni Put e Call su MARA per il 21 Agosto Nasdaq · 2 settimane, 5 giorni fa
I Minatori di Criptovalute Stanno Perdendo Quasi $20.000 Per Ogni Bitcoin Prodotto Yahoo Finance · 1 mese, 3 settimane fa
Circle Crolla Più di Sempre con la Legislazione sugli Stablecoin, Mentre Tether Prepara un Audit Completo ZeroHedge · 1 mese, 3 settimane fa
Goldman Sachs rivela le migliori azioni petrolifere da acquistare per il 2026 Yahoo Finance · 1 mese, 4 settimane fa

Segnali di trading Segnali recenti di acquisto/vendita con prezzo di entrata e rapporto rischio/rendimento

RANGE @ $8.12 RR 5,00 Mar 27

Le Mie Metriche La tua watchlist personale — righe selezionate da Fondamentali Completi

📊

Scegli le metriche che contano per te — fai clic sul ➕ accanto a qualsiasi riga nei Fondamentali Completi sopra.

La tua selezione è salvata e ti segue su tutti i ticker.

MARA Snapshot del titolo Prezzo, capitalizzazione di mercato, P/E, EPS, ROE, debito/capitale proprio, intervallo 52 settimane

MARA Grafico del prezzo delle azioni OHLCV giornaliero con indicatori tecnici — panoramica, zoom e personalizza la tua visualizzazione

Medie mobili e sovrapposizioni

Volume

Oscillatori

Momentum e tendenza

Performance decennale Andamento di ricavi, utile netto, margini e EPS

Valutazione Rapporti P/E, P/S, P/B, EV/EBITDA — il titolo è costoso o economico?

Redditività Margini lordi, operativi e netti; ROE, ROA, ROIC

Salute finanziaria Debito, liquidità, solvibilità — solidità del bilancio

Crescita Crescita di ricavi, EPS e utile netto: YoY, CAGR 3Y, CAGR 5Y

Metriche per Azione EPS, valore contabile per azione, flusso di cassa per azione, dividendo per azione

Efficienza del Capitale Rotazione delle attività, rotazione delle scorte, rotazione dei crediti

MARA Consenso degli analisti Opinioni degli analisti, sia rialziste che ribassiste, target price a 12 mesi, potenziale di rialzo

Target Price a 12 Mesi

Cronologia utili EPS effettivo vs stima, surprise %, tasso di superamento, data prossimi utili

Confronto tra pari Metriche chiave rispetto ai pari del settore

Fondamentali Completi Tutte le metriche per anno — conto economico, stato patrimoniale, rendiconto finanziario

Bilanci Conto economico, stato patrimoniale, flusso di cassa — annuale, ultimi 5 anni

Ultime notizie Notizie recenti che menzionano questa società

Segnali di trading Segnali recenti di acquisto/vendita con prezzo di entrata e rapporto rischio/rendimento

Le Mie Metriche La tua watchlist personale — righe selezionate da Fondamentali Completi