Snapshot
Income statement snapshot
MARA HOLDINGS, INC.'s top line, gross profit, operating income, and bottom-line conversion. Values in USD millions.
Revenue
+54.5%Compound growth, FY2021 to FY2025
Gross profit
FY2025Latest annual filing, FY2025
Operating Income
FY2025Latest annual filing, FY2025
Net income
FY2025Latest annual filing, FY2025
Headline results
Four lines, five fiscal years, straight from the filings.
MARA HOLDINGS, INC. headline income statement — FY2025
Trend
The same four lines drawn across the window.
All values shown in USD millions unless noted otherwise.
Line items
Expanded line items
The full annual income statement layer for MARA HOLDINGS, INC., from revenue down to share counts.
Statement basis
USD millions, except per-share and share-count rows.
MARA HOLDINGS, INC. expanded income statement — FY2025
Expanded annual statement lines sourced from the SEC EDGAR database for MARA HOLDINGS, INC..
Margins
Profitability conversion
How much of MARA HOLDINGS, INC.'s revenue survives through gross profit, operating income, and net income.
Gross margin
N/AFY2025, versus FY2021
Operating Margin
-13309 bpsFY2025, versus FY2021
Net income margin
-12585 bpsFY2025, versus FY2021
Observation window
yearsFY2021 through FY2025
Margin table
Side-by-side read of gross, operating and net margin.
MARA HOLDINGS, INC. margins — FY2025
Margin trend
The shape of profitability across the window.
Margins are calculated from annual SEC facts using reported revenue as the denominator.
Year on year
Annual momentum
Every headline line of MARA HOLDINGS, INC.'s statement measured against the immediately prior period.
Revenue YoY
FY2024FY2025 versus FY2024
Gross profit YoY
FY2024FY2025 versus FY2024
Op. income YoY
FY2024FY2025 versus FY2024
Net income YoY
FY2024FY2025 versus FY2024
Year-on-year table
Contractions are tinted so slowdowns are obvious.
MARA HOLDINGS, INC. year-on-year change — FY2025
Momentum
Whether the business is accelerating or rolling over.
Year-on-year change compares each annual period against the immediately prior year inside the selected window.
Compound growth
Through-cycle growth
Compounded annual growth from FY2021 to FY2025, which filters out one-year noise.
Revenue CAGR
4yrFY2021 to FY2025
Gross profit CAGR
4yrFY2021 to FY2025
Op. income CAGR
4yrFY2021 to FY2025
Net income CAGR
4yrFY2021 to FY2025
Compound rates use the first and last reported year in the window, so a gap in either endpoint suppresses the figure.

