MARA Holdings, Inc.

As of June 30, 2026, MARA Holdings, Inc. carries a market capitalization of 4.56B, placing it among publicly traded companies globally. Its enterprise value stands at 6.44B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

MARA Holdings, Inc.'s next confirmed earnings release is scheduled for November 11, 2026.

As of June 30, 2026, MARA Holdings, Inc. has 381.89M shares outstanding.

These figures are as of June 30, 2026. The price-to-sales ratio is 6.41, and the price-to-book ratio stands at 3.14.

These figures are as of June 30, 2026. The EV/Sales ratio of 9.14 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 6.44B versus a market cap of 4.56B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, MARA Holdings, Inc. maintains a current ratio of 0.89, meaning it holds 0.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 140.16, indicating elevated leverage, while an interest coverage ratio of -49.92 demonstrates limited ability to service its debt obligations.

Over the twelve months ended June 30, 2026, MARA Holdings, Inc. posted a negative return on equity (ROE) of -107.11, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -57.26, reflecting losses generated across the asset base. The company generates approximately 2.96M in revenue per employee across its workforce of 237.50, a quick read on workforce productivity versus industry peers.

Over the twelve months ended June 30, 2026, MARA Holdings, Inc. recorded an income tax benefit of -154.11M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -3.18B and -3.02B in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

As of the close on October 6, 2026, MARA Holdings, Inc.'s stock has declined approximately 40.20% over the past 52 weeks. The 50-day moving average sits at 9.78, while the 200-day moving average is 9.53.

Over the twelve months ended June 30, 2026, MARA Holdings, Inc. generated 703.93M in revenue and converted that into -3.02B in net income, yielding earnings per share of -7.52. EBITDA reached -1.86B, while operating income came in at -887.74M.

As of June 30, 2026, MARA Holdings, Inc. holds 368.74M in cash and equivalents against 2.16B in total debt, resulting in a net debt position of 1.75B. Total book value stands at 1.45B, with working capital of -56.57M providing operational flexibility.

MARA Holdings, Inc. produced -783.44M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -301.21M in capital expenditures, free cash flow totaled -1.08B - equivalent to -2.87 per share.

Over the twelve months ended June 30, 2026, MARA Holdings, Inc. posted a gross margin of 76.71, reflecting its pricing power and cost economics. The operating margin of -126.11 and net profit margin of -429.68 provide insight into operational efficiency.

These figures cover the twelve months ended June 30, 2026. Free cash flow yield is negative at -22.56: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -1.50, meaning MARA Holdings, Inc. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

MARA Holdings, Inc.'s most recent stock split took place on April 8, 2019 with a 4:1 split ratio.

As of June 30, 2026, MARA Holdings, Inc. has an Altman Z-Score of -0.48, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.