MARA · MARA Holdings, Inc.
MARA Holdings Inc (MARA)
What's happening
- MARA is up 2.30% today, trading at $10.47. — Live quote
- Volume today (795,120) is well below its 3-month average of 45,382,300. (Finnhub fundamentals)
- Last quarter's EPS missed estimates: $-1.57 actual vs. $0.19 estimated (-916.0%). (Finnhub earnings history)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Key Statistics
Analyst Recommendations
Aggregate ratings for 2026-09-01 (22 analysts polled by Finnhub) — consensus count.
Performance Overview (Trailing returns vs S&P 500 benchmark)
Earnings Trends (Quarterly EPS Actual vs Estimate)
Valuation Measures & Ratios
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-08-14. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Signals describe daily price patterns—not the company’s value and not a recommendation to buy or sell. Read several together; no single indicator predicts what happens next. “Overbought” and “oversold” are conditions, not promises of a reversal.
Indicators None active
Free IEX historical data only goes back to ~2021 — 5Y/Full show whatever's actually available, not a promise of that much history. Indicators are computed client-side from these same price bars; earnings markers ("E") come from Finnhub's free tier (~last 4 quarters + next upcoming) — older quarters aren't available. The move-highlight dots are a heuristic (|% change| vs rolling volatility) with a best-effort headline lookup, not a claim of causation.
Peer and sector context
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Latest SEC filing is Form 4, filed 2026-08-21; review it for current changes and risks. SEC EDGAR ↗
Potential concerns
- Revenue growth is -26.7% on the provider's reported measure. Finnhub fundamentals ↗
- Net profit margin is -429.7%. Finnhub fundamentals ↗
- Trailing 52-week price return is -36.3%. Finnhub market metrics ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on MARA
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 | Sep '24 | Jun '24 | Mar '24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $174.9M | $174.6M | $252.4M | $238.5M | $213.9M | $131.6M | $145.1M | $165.2M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | -$521.1M | -$1.06B | $47.6M | $679.8M | -$541.1M | -$172.2M | -$232.4M | $369.7M |
| Net income | — | — | — | — | — | -$124.8M | -$199.7M | $337.2M |
| EPS (diluted) | $-1.60 | $-3.31 | $0.27 | $1.84 | $-1.55 | $-0.42 | $-0.72 | $1.26 |
| EPS (basic) | $-1.60 | $-3.31 | $0.33 | $2.29 | $-1.55 | $-0.42 | $-0.72 | $1.30 |
| Operating margin | -$298 | -$608 | $19 | $285 | -$253 | -$131 | -$160 | $224 |
| Net margin | — | — | — | — | — | -$95 | -$138 | $204 |
Balance sheet
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $4.35B | $4.95B | $7.29B | $9.15B | $7.72B | $6.44B | $6.80B | $3.58B |
| Total liabilities | — | — | — | — | — | — | — | — |
| Stockholders' equity | $1.66B | $2.23B | $3.47B | $5.16B | $4.79B | $3.72B | $4.13B | $2.86B |
| Total current assets | $527.2M | $611.1M | $664.3M | $961.9M | $236.5M | $291.8M | $470.4M | $239.4M |
| Total current liabilities | $591.8M | $331.5M | $521.9M | $459.4M | $441.0M | $368.4M | $95.2M | $59.8M |
| Cash & equivalents | $421.3M | $513.7M | $547.1M | $826.4M | $109.5M | $196.2M | $391.8M | $164.3M |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| Accounts receivable | — | — | — | — | — | — | — | $2.8M |
| Property, plant & equipment | $1.22B | $1.41B | $1.49B | $1.55B | $1.63B | $1.57B | $1.55B | $1.09B |
| Goodwill | $89.7M | $90.5M | $0 | $82.8M | $82.8M | $82.8M | $82.8M | $45.4M |
| Intangible assets | $40.5M | $43.1M | $988.0K | $771.0K | $2.1M | $2.4M | $2.7M | $2.0M |
| Other non-current assets | — | — | — | — | — | — | — | — |
| Accounts payable | $10.5M | $7.8M | $12.5M | $11.4M | $9.8M | $6.5M | $12.6M | $12.6M |
| Accrued liabilities | $74.2M | $105.0M | $87.0M | $74.3M | $56.8M | $45.8M | $76.9M | $36.9M |
| Deferred revenue (current) | — | — | — | — | — | — | — | — |
| Short-term debt | $485.4M | $197.9M | $397.8M | — | — | — | $0 | — |
| Other current liabilities | $17.2M | $17.9M | $22.6M | $22.1M | $23.2M | $15.1M | $5.3M | $3.5M |
| Long-term debt | $1.93B | $2.22B | $3.20B | — | — | — | $2.45B | — |
| Other non-current liabilities | $12.9M | $12.7M | $12.5M | $12.3M | $12.0M | $11.8M | $8.4M | $8.3M |
| Common stock & paid-in capital | $38.0K | $38.0K | $37.0K | $37.0K | $36.0K | $34.0K | $34.0K | $30.0K |
| Retained earnings | -$3.21B | -$2.60B | -$1.34B | $371.8M | $248.6M | -$559.6M | -$26.4M | -$554.9M |
| Accumulated other comprehensive income (loss) | -$5.5M | -$4.5M | $0 | — | — | — | — | — |
Cash flow
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$223.8M | -$247.5M | -$224.7M | -$199.0M | -$163.4M | -$215.5M | -$313.4M | -$160.1M |
| Investing cash flow | $275.3M | $1.19B | -$47.3M | -$285.7M | -$127.2M | -$209.8M | -$2.00B | -$537.7M |
| Financing cash flow | -$7.7M | -$1.11B | -$7.3M | $1.20B | $203.9M | $229.8M | $2.54B | $606.0M |
| Free cash flow | -$238.5M | -$327.0M | -$389.2M | -$283.9M | -$282.4M | -$254.3M | -$499.9M | -$198.1M |
| Capital expenditures | $14.8M | $79.5M | $164.5M | $84.8M | $118.9M | $38.9M | $186.5M | $38.0M |
| Depreciation & amortization | — | — | — | — | — | — | — | — |
| Share-based compensation | $46.7M | $30.5M | $30.1M | $38.5M | $54.7M | $49.1M | $54.1M | $23.3M |
| Deferred income taxes | — | — | -$58.6M | — | — | — | $73.2M | — |
| Change in accounts receivable | — | — | — | — | — | — | $7.2M | — |
| Change in accounts payable | — | — | — | — | — | — | — | — |
| Purchases of investments | — | — | — | — | — | — | — | — |
| Share repurchases | $7.7M | $7.5M | $3.7M | $7.7M | $15.2M | $20.4M | $8.4M | $5.9M |
| Tax withholding on stock comp | — | — | — | — | — | — | — | — |
| Other financing activities | — | — | — | — | — | — | — | — |
Income statement
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Revenue | $907.1M | $656.4M | $387.5M | $117.8M | $159.2M |
| Operating income | -$1.22B | $306.1M | $220.9M | -$673.5M | -$3.0M |
| Net income | -$1.31B | $541.3M | $261.2M | -$694.0M | -$29.8M |
| EPS (diluted) | $-3.69 | $1.72 | $1.06 | $-6.12 | $-0.30 |
| EPS (basic) | $-3.69 | $1.87 | $1.41 | $-6.12 | $-0.30 |
| Operating margin | -$135 | $47 | $57 | -$572 | -$2 |
| Net margin | -$145 | $82 | $67 | -$589 | -$19 |
Balance sheet
| Line item | Dec '25 | Dec '24 | Dec '23 | Jan '23 | Dec '22 |
|---|---|---|---|---|---|
| Total assets | $7.29B | $6.80B | $1.99B | — | $1.20B |
| Total liabilities | — | — | — | — | — |
| Stockholders' equity | $3.47B | $4.13B | $1.62B | — | $385.9M |
| Total current assets | $664.3M | $470.4M | $1.03B | — | $277.5M |
| Total current liabilities | $521.9M | $95.2M | $33.8M | — | $26.1M |
| Cash & equivalents | $547.1M | $391.8M | $357.3M | — | $103.7M |
| Marketable securities (current) | — | — | — | — | — |
| Property, plant & equipment | $1.49B | $1.55B | $671.8M | — | $273.0M |
| Goodwill | $0 | $82.8M | $0 | — | — |
| Intangible assets | $988.0K | $2.7M | $0 | — | — |
| Other non-current assets | — | — | — | — | — |
| Accounts payable | $12.5M | $12.6M | $11.3M | — | $1.3M |
| Accrued liabilities | $87.0M | $76.9M | $22.3M | — | $22.3M |
| Short-term debt | $397.8M | $0 | $0 | — | $0 |
| Other current liabilities | $22.6M | $5.3M | $0 | — | — |
| Long-term debt | $3.20B | $2.45B | $325.7M | — | $782.2M |
| Other non-current liabilities | $12.5M | $8.4M | $0 | — | — |
| Common stock & paid-in capital | $37.0K | $34.0K | $24.0K | — | $15.0K |
| Retained earnings | -$1.34B | -$26.4M | -$567.6M | $11.5M | -$840.3M |
| Accumulated other comprehensive income (loss) | — | — | — | — | — |
Cash flow
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Operating cash flow | -$802.7M | -$677.0M | -$315.7M | -$176.5M | -$19.0M |
| Investing cash flow | -$669.9M | -$3.23B | $4.6M | -$390.2M | -$891.1M |
| Financing cash flow | $1.63B | $3.95B | $555.9M | $410.7M | $1.04B |
| Free cash flow | -$1.21B | -$927.8M | -$343.3M | -$217.6M | -$292.8M |
| Capital expenditures | $407.1M | $250.8M | $27.6M | $41.1M | $273.9M |
| Depreciation & amortization | — | — | — | — | — |
| Share-based compensation | $172.3M | $157.6M | $32.6M | $24.6M | $160.8M |
| Deferred income taxes | -$58.6M | $73.2M | $15.3M | -$25.0M | $25.0M |
| Change in accounts receivable | — | $9.3M | $0 | $0 | — |
| Share repurchases | $46.9M | $37.4M | $380.0K | $0 | — |
| Other financing activities | — | — | — | — | — |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding MARA as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Source: Business Quant SEC Form 13F · report period 2026-06-30 · 31 filers
| Filer | Shares | Value | % Out | Qtr Change | Filed |
|---|---|---|---|---|---|
| BlackRock, Inc. | 64,095,643 | $890.3M | 16.80% | +7.2% | 2026-08-07 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 27,399,926 | $380.6M | 7.18% | +3.6% | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 16,544,675 | $229.8M | 4.34% | +1.2% | 2026-06-30 |
| State Street Corp | 15,901,746 | $220.9M | 4.17% | +4.5% | 2026-08-07 |
| GEODE CAPITAL MANAGEMENT, LLC | 10,872,917 | $188.0M | 2.85% | +5.4% | 2026-08-12 |
| D. E. Shaw & Co., Inc. | 10,376,069 | $144.1M | 2.72% | +687.2% | 2026-08-14 |
| Marex Group Ltd | 7,953,008 | $110.5M | 2.08% | -4.4% | 2026-08-14 |
| Morgan Stanley | 6,766,861 | $94.0M | 1.77% | +29.6% | 2026-08-11 |
| Bank Of America Corp /De/ | 6,100,582 | $84.7M | 1.60% | +19.9% | 2026-08-14 |
| UBS Group AG | 5,579,055 | $77.5M | 1.46% | -26.8% | 2026-08-13 |
| Goldman Sachs Group Inc | 4,977,949 | $69.1M | 1.30% | -17.5% | 2026-08-14 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 4,727,923 | $65.7M | 1.24% | +15.2% | 2026-08-14 |
| Sixth Street Partners Management Company, L.P. | 4,727,923 | $65.7M | 1.24% | +0.0% | 2026-08-13 |
| DIMENSIONAL FUND ADVISORS LP | 4,513,153 | $62.7M | 1.18% | +4229.1% | 2026-08-11 |
| Northern Trust Corp | 3,702,048 | $51.4M | 0.97% | +10.7% | 2026-08-12 |
| VAN ECK ASSOCIATES CORP | 3,473,797 | $48.3M | 0.91% | -0.2% | 2026-08-14 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 3,354,830 | $46.6M | 0.88% | +0.0% | 2026-08-13 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 3,336,026 | $46.3M | 0.87% | +57.3% | 2026-08-14 |
| SEGALL BRYANT & HAMILL, LLC | 2,756,177 | $38.3M | 0.72% | +0.0% | 2026-08-12 |
| Bank of New York Mellon Corp | 2,684,354 | $37.3M | 0.70% | +9.1% | 2026-08-06 |
| Clear Street Group Inc. | 2,653,400 | $36.9M | 0.70% | +12.9% | 2026-08-04 |
| TWO SIGMA INVESTMENTS, LP | 2,569,038 | $35.7M | 0.67% | +0.0% | 2026-08-07 |
| VANGUARD FIDUCIARY TRUST CO | 2,520,536 | $35.0M | 0.66% | +3.9% | 2026-06-30 |
| Jpmorgan Chase & Co | 2,491,920 | $35.2M | 0.65% | -46.7% | 2026-08-12 |
| Quadrature Capital Ltd | 2,392,374 | $33.2M | 0.63% | +10271.4% | 2026-08-06 |
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR Form 4 filings · checked 25 most recent filings · covers 2026-04-30 to 2026-08-21
Recent transactions
- Insiders have net sold 213,022 shares over the last 182 days, across 0 purchases and 13 sales.
- Most recent: Nowaid Zabi (General Counsel) — Open market sale of 8,376 shares on 2026-08-21.
Deterministic template sentences filled in from the SEC Form 4 figures in the tables below -- not an AI-written summary, no live model call.
Insider purchases & sales, last 6 months
Counts only open-market purchases (code P) and sales (code S) — grants, option exercises, tax withholding, and gifts are excluded since they aren't a market buy/sell decision.
Insider roster
| Name | Title | Most Recent Transaction | Date | Shares |
|---|---|---|---|---|
| Nowaid Zabi | General Counsel | Open market sale | 2026-08-21 | 8,376 |
| Thiel Frederick G | Chief Executive Officer | Open market sale | 2026-08-17 | 27,505 |
| Khan Salman Hassan | Chief Financial Officer | Open market sale | 2026-08-17 | 16,000 |
| MELLINGER DOUGLAS K | Director | Open market sale | 2026-06-22 | 7,000 |
Recent transactions
| Date | Insider | Title | Transaction | Shares | Price |
|---|---|---|---|---|---|
| 2026-08-21 | Nowaid Zabi | General Counsel | Open market sale | 8,376 | $12.00 |
| 2026-08-17 | Thiel Frederick G | Chief Executive Officer | Open market sale | 27,505 | $9.21 |
| 2026-08-17 | Khan Salman Hassan | Chief Financial Officer | Open market sale | 16,000 | $9.21 |
| 2026-08-03 | Thiel Frederick G | Chief Executive Officer | Tax withholding | 27,316 | $11.75 |
| 2026-08-03 | Nowaid Zabi | General Counsel | Tax withholding | 4,139 | $11.75 |
| 2026-07-31 | Thiel Frederick G | Chief Executive Officer | Tax withholding | 40,388 | $11.32 |
| 2026-07-31 | Nowaid Zabi | General Counsel | Tax withholding | 9,745 | $11.32 |
| 2026-07-31 | Khan Salman Hassan | Chief Financial Officer | Tax withholding | 30,215 | $11.32 |
| 2026-07-30 | Thiel Frederick G | Chief Executive Officer | Tax withholding | 40,497 | $11.82 |
| 2026-07-30 | Nowaid Zabi | General Counsel | Tax withholding | 13,428 | $11.82 |
| 2026-07-30 | Khan Salman Hassan | Chief Financial Officer | Tax withholding | 33,569 | $11.82 |
| 2026-07-20 | Nowaid Zabi | General Counsel | Open market sale | 8,376 | $12.00 |
| 2026-07-17 | Thiel Frederick G | Chief Executive Officer | Open market sale | 27,505 | $10.90 |
| 2026-07-17 | Khan Salman Hassan | Chief Financial Officer | Open market sale | 16,000 | $10.90 |
| 2026-07-01 | Nowaid Zabi | General Counsel | Tax withholding | 20,924 | $13.89 |
| 2026-07-01 | Khan Salman Hassan | Chief Financial Officer | Tax withholding | 61,515 | $13.89 |
| 2026-07-01 | Thiel Frederick G | Chief Executive Officer | Tax withholding | 63,101 | $13.89 |
| 2026-06-22 | MELLINGER DOUGLAS K | Director | Open market sale | 7,000 | $16.00 |
| 2026-06-17 | Khan Salman Hassan | Chief Financial Officer | Open market sale | 16,000 | $14.25 |
| 2026-06-17 | Nowaid Zabi | General Counsel | Open market sale | 7,000 | $14.25 |
| 2026-06-17 | Thiel Frederick G | Chief Executive Officer | Open market sale | 27,505 | $14.25 |
| 2026-05-18 | Thiel Frederick G | Chief Executive Officer | Tax withholding | 27,316 | $11.46 |
| 2026-05-18 | Thiel Frederick G | Chief Executive Officer | Open market sale | 27,505 | $12.00 |
| 2026-05-18 | Khan Salman Hassan | Chief Financial Officer | Open market sale | 16,000 | $12.00 |
| 2026-05-18 | Nowaid Zabi | General Counsel | Tax withholding | 4,248 | $11.46 |
| 2026-05-18 | Nowaid Zabi | General Counsel | Open market sale | 8,250 | $12.00 |
| 2026-04-30 | Khan Salman Hassan | Chief Financial Officer | Tax withholding | 65,456 | $11.99 |
| 2026-04-30 | Thiel Frederick G | Chief Executive Officer | Tax withholding | 80,884 | $11.99 |
| 2026-04-30 | Nowaid Zabi | General Counsel | Tax withholding | 23,781 | $11.99 |
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-09-03 12:31 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-08-21 | 4 | 2026-08-21 | View on SEC.gov → |
| 2026-08-19 | 4 | 2026-08-17 | View on SEC.gov → |
| 2026-08-19 | 4 | 2026-08-17 | View on SEC.gov → |
| 2026-08-06 | 10-Q | 2026-06-30 | View on SEC.gov → |
| 2026-08-06 | 8-K | 2026-08-06 | View on SEC.gov → |
| 2026-08-04 | 4 | 2026-07-31 | View on SEC.gov → |
| 2026-08-04 | 4 | 2026-07-31 | View on SEC.gov → |
| 2026-08-04 | 4 | 2026-07-31 | View on SEC.gov → |
| 2026-08-04 | 8-K | 2026-07-29 | View on SEC.gov → |
| 2026-08-03 | 4 | 2026-07-30 | View on SEC.gov → |
| 2026-08-03 | 4 | 2026-07-30 | View on SEC.gov → |
| 2026-08-03 | 4 | 2026-07-30 | View on SEC.gov → |
Recent news
Headlines about MARA (MARA Holdings, Inc.). Links open the publisher — we don’t host full articles.
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Bitcoin Stock Recovery Widens: Exchanges and Treasury Plays Outpace Miners
ChartMill · 2026-09-03 -
MARA Stock Gains 2.3%, Lags Mining Sector with Bitcoin Below $78,000
TechStock² · 2026-09-03 -
MARA May Liquidate Bitcoin Reserves To Fund AI Shift
CoinMarketCap · 2026-09-02 -
Most shorted stocks on Wall Street
Seeking Alpha · 2026-09-02 -
『THE WINDY』【F L】 Kate Mara (bfiEWHZsUM)
Mshale · 2026-09-02 -
Mara wins appeal to regain RM6.6mil from head of aerospace association
Free Malaysia Today · 2026-09-02 -
Mara wins appeal to recover RM6.6mil from businessman
NST Online · 2026-09-02 -
New in beauty: Fragrance from Max Mara and Prada, AORA lip serum, and more
Good Morning America · 2026-09-01
No headlines in this category right now — try “All”.