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Marathon Digital Holdings (MARA)
NASDAQ:MARA
RESEARCH TOOLSreports
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.16Last Year’s EPS
1.26Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: 28.67%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance with significant revenue and net income growth, driven by strategic energy integration and AI development plans. However, challenges related to Bitcoin market volatility, competition, and regulatory landscape pose ongoing risks.Company Guidance
During MARA's Q4 2024 earnings call, the company announced record high revenues and net income, with revenue increasing by 37% to $214.4 million in Q4 2024 compared to Q4 2023, and net income surging by 248% to $528.3 million. For the full year 2024, revenues grew 69% to $656.4 million, while net income increased by 107% to $541 million. Adjusted EBITDA for Q4 2024 reached $794.4 million, up from $259 million in Q4 2023, and full-year adjusted EBITDA was reported at $1.2 billion. MARA's direct energy cost per Bitcoin for 2024 was $28,801, with a cost per kilowatt-hour of $0.039 at their own sites. The company also expanded its energy capacity by 300%, increasing its portfolio from 0.5 gigawatts to 1.7 gigawatts, and emphasized its transformation into a vertically integrated energy and technology solutions provider. Looking ahead, MARA plans to focus on AI opportunities and expects to continue reducing costs by owning and generating its own power, targeting a near-zero cost of energy.Record-Breaking Revenue and Growth
MARA reported record high revenues, net income, and adjusted EBITDA for Q4 and full year 2024. Revenue increased 37% to $214.4 million in Q4 2024 from $156.8 million in Q4 2023. For 2024, revenues grew 69% to $656.4 million from $387.5 million in 2023. Net income increased 248% to $528.3 million in Q4 2024 from $151.8 million in Q4 2023.
Vertically Integrated Energy Strategy
MARA transitioned into a vertically integrated energy and digital infrastructure company by acquiring five data centers, increasing owned capacity to approximately 70%. Energy costs per kilowatt-hour were reduced to $0.039, and cost of revenue per petahash per day improved by 5% this quarter and 17% for the full year.
AI and Technology Development
MARA is focusing on developing AI technology and solutions, planning to deploy 30 megawatts of inference AI to compute using liquid cooling technology. The company is investing in R&D to establish a presence in AI markets, creating long-term revenue opportunities.
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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
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MARA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| 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% |
| May 09, 2024 | $19.65 | $17.16 | -12.67% |
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.
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FAQ
When does Marathon Digital Holdings (MARA) report earnings?
Marathon Digital Holdings (MARA) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Marathon Digital Holdings (MARA) earnings time?
Marathon Digital Holdings (MARA) earnings time is at May 07, 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 (Q1) is 0.16.
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