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Marathon Digital Holdings (MARA)
NASDAQ:MARA
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.23Last Year’s EPS
-0.72Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 2.66%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. While there were significant achievements in hash rate increase, revenue growth, and operational efficiency, these were overshadowed by a substantial net loss and unrealized market losses due to Bitcoin price volatility.Company Guidance
During the first quarter of 2025, MARA Holdings provided guidance emphasizing its strategic focus on transforming into a vertically integrated digital energy and infrastructure company. The company reported a 30% increase in revenues to $213.9 million from the previous year, despite a challenging environment with a significant decline in Bitcoin's price and increased network difficulty. MARA achieved a 25% year-over-year improvement in daily cost per petahash and maintained an energy cost per Bitcoin of $35,728. The company completed construction of a 200-megawatt data center in Ohio and energized 25 megawatts of gas-powered operations in North Dakota and Texas. Additionally, MARA is developing a 114-megawatt wind farm in Texas, aiming for full operation in the latter half of the year. The company holds over 48,000 Bitcoin with a HODL strategy and is actively pursuing partnerships with governments and energy corporations to secure low-cost energy solutions. Adjusted EBITDA showed a loss of $483.6 million, reflecting the impact of Bitcoin's price volatility, but MARA remains optimistic about future profitability linked to Bitcoin price recovery and strategic growth in energy-efficient operations.Hash Rate Increase
Energized hash rate increased 95% to 54.3 exahash per second in Q1 of 2025 from 27.8 exahash per second in Q1 of 2024.
Revenue Growth
Revenues increased 30% to $213.9 million from $165.2 million in Q1 of 2024.
Operational Efficiency
Daily cost per petahash improved 25% year-over-year, and cost of revenue per petahash per day declined 10% sequentially.
Strategic Infrastructure Developments
Completed construction of a fully-owned 200-megawatt data center in Ohio and energized 25 megawatts of gas-to-power operations in North Dakota and Texas.
Energy Cost Optimization
Purchased energy cost per Bitcoin was $35,728, and cost per kilowatt hour was $0.04.
MARA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MARA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $14.29 | $15.76 | +10.29% |
Feb 26, 2025 | $12.45 | $13.13 | +5.46% |
Nov 12, 2024 | $25.23 | $21.70 | -13.99% |
Aug 01, 2024 | $18.14 | $17.19 | -5.24% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Marathon Digital Holdings (MARA) report earnings?
Marathon Digital Holdings (MARA) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Marathon Digital Holdings (MARA) earnings time?
Marathon Digital Holdings (MARA) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MARA EPS forecast?
MARA EPS forecast for the fiscal quarter 2025 (Q2) is -0.23.
