Lumida
/MARA
⌘K
MARA Holdings Inc

MARA Holdings Inc

MARA
$11.98USD+4.81%+0.55 today

MARKET CAP

4.6B

P/E (TTM)

FWD P/E

DAY RANGE

$12 – $12

52W RANGE

$7
$23

AI Summary

Stalk
Buy NowMedium

MARA is in a Stage 2 advancing regime with clear higher‐highs and higher‐lows. Price is tracking tightly above rising EMAs after a mild consolidation, supported by strong momentum across short, medium, and long‐term trends. Short‐term conditions favor continuation participation now, while key risks include overhead resistance and potential EMA support failure.

  • Planning 4.8 GW power expansion via Long Ridge to drive ~$144 M annualized EBITDA.
  • 22% YoY energized hashrate increase signals higher mining efficiency.
  • Net loss of $611.3 M in Q2 on 26.7% YoY revenue decline to $174.9 M.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$159.2M$117.8M$387.5M$656.4M$907.1M
YoY %+3553.0%-26.0%+229.1%+69.4%+38.2%
P / Sales20.5x3.3x11.4x8.0x3.5x
EV / Sales23.6x9.3x11.4x11.4x7.1x
Gross Profit, Adj.$116.8M$-33.7M$160.9M$237.1M$339.8M
YoY %+4664.8%-128.8%+577.8%+47.4%+43.3%
Margin %73.4%-28.6%41.5%36.1%37.5%
EV / Gross Profit32.2x-32.4x27.5x31.6x19.0x
EBITDA, Adj.$-42.7M$11.1M$75.0M$-38.4M$-49.4M
YoY %-623.7%+126.0%+576.6%-151.2%-28.6%
Margin %-26.8%9.4%19.3%-5.9%-5.4%
EV / EBITDA-88.0x98.5x59.1x-195.3x-130.6x
EBIT$-79.8M$-657.9M$-110.6M$-505.7M$-960.0M
YoY %-712.0%-724.1%+83.2%-357.3%-89.8%
Margin %-50.2%-558.8%-28.5%-77.0%-105.8%
EV / EBIT-47.1x-1.7x-40.0x-14.8x-6.7x
Net Income$-29.8M$-694.0M$259.1M$541.3M$-1.3B
YoY %-185.3%-2227.9%+137.3%+108.9%-342.3%
Net Margin-18.7%-589.4%66.9%82.5%-144.6%
EPS (GAAP)-$0.30-$6.12$1.06$1.72-$3.69
YoY %-130.8%-1940.0%+117.3%+62.3%-314.5%