Operates bitcoin mining and artificial intelligence compute infrastructure.
Jun 2026Revenue $804M/yrExpenses $3.75B/yr
No trendCash runway ≈ 4 months from Jun 2026
Figures by year
When will MARA Holdings be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Jun 2026, revenue was $804M and expenses $3.75B.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $907M | $2.13B | −$1.22B |
| Dec 2024 | $656M | $350M | $306M |
| Dec 2023 | $388M | $167M | $221M |
| Dec 2022 | $118M | $791M | −$674M |
| Dec 2021 | $159M | $162M | −$2.99M |
| Dec 2020 | $4.36M | $14.2M | −$9.82M |
| Dec 2019 | $1.19M | $5.42M | −$4.24M |
| Dec 2018 | $1.56M | $13.6M | −$12.1M |
| Dec 2017 | $520K | $14.7M | −$14.2M |
| Dec 2016 | $36.6M | $52.2M | −$15.6M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.