Sign In
NASDAQ:MARA
MARA Holdings Stock Earnings Reports
$13.18
+1.02 (+8.39%)
At Close: Mar 14, 2025
MARA Holdings Earnings Calls
Q4 2024
Beat
$1.24 (487.50%)
| Release date | Feb 26, 2025 |
| EPS estimate | -$0.320 |
| EPS actual | $1.24 |
| EPS Surprise | 487.50% |
| Revenue estimate | 183.92M |
| Revenue actual | 214.394M |
| Revenue Surprise | 16.57% |
Q3 2024
Missed
-$0.380 (-12.49%)
| Release date | Nov 12, 2024 |
| EPS estimate | -$0.338 |
| EPS actual | -$0.380 |
| EPS Surprise | -12.49% |
| Revenue estimate | 140.262M |
| Revenue actual | 131.647M |
| Revenue Surprise | -6.14% |
Q2 2024
Missed
-$0.240 (-4.35%)
| Release date | Aug 01, 2024 |
| EPS estimate | -$0.230 |
| EPS actual | -$0.240 |
| EPS Surprise | -4.35% |
| Revenue estimate | 160.03M |
| Revenue actual | 145.139M |
| Revenue Surprise | -9.31% |
Q1 2024
Missed
-$0.0600 (-483.66%)
| Release date | May 09, 2024 |
| EPS estimate | -$0.0103 |
| EPS actual | -$0.0600 |
| EPS Surprise | -483.66% |
| Revenue estimate | 182.061M |
| Revenue actual | 165.198M |
| Revenue Surprise | -9.26% |
Last 4 Quarters for MARA Holdings
Below you can see how MARA performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q1 2024
Missed
| Release date | May 09, 2024 |
| Fiscal end date | Mar 31, 2024 |
| Price on release | $19.65 |
| EPS estimate | -$0.0103 |
| EPS actual | -$0.0600 |
| EPS surprise | -483.66% |
| Date | Price |
|---|---|
| May 03, 2024 | $17.52 |
| May 06, 2024 | $20.67 |
| May 07, 2024 | $20.21 |
| May 08, 2024 | $20.09 |
| May 09, 2024 | $19.65 |
| May 10, 2024 | $17.16 |
| May 13, 2024 | $17.26 |
| May 14, 2024 | $18.07 |
| May 15, 2024 | $20.20 |
| 4 days before | 12.16% |
| 4 days after | 2.80% |
| On release day | -12.67% |
| Change in period | 15.30% |
Q2 2024
Missed
| Release date | Aug 01, 2024 |
| Fiscal end date | Jun 30, 2024 |
| Price on release | $18.14 |
| EPS estimate | -$0.230 |
| EPS actual | -$0.240 |
| EPS surprise | -4.35% |
| Date | Price |
|---|---|
| Jul 26, 2024 | $21.57 |
| Jul 29, 2024 | $20.45 |
| Jul 30, 2024 | $19.73 |
| Jul 31, 2024 | $19.67 |
| Aug 01, 2024 | $18.14 |
| Aug 02, 2024 | $17.19 |
| Aug 05, 2024 | $16.95 |
| Aug 06, 2024 | $17.25 |
| Aug 07, 2024 | $15.84 |
| 4 days before | -15.90% |
| 4 days after | -12.68% |
| On release day | -5.24% |
| Change in period | -26.56% |
Q3 2024
Missed
| Release date | Nov 12, 2024 |
| Fiscal end date | Sep 30, 2024 |
| Price on release | $25.23 |
| EPS estimate | -$0.338 |
| EPS actual | -$0.380 |
| EPS surprise | -12.49% |
| Date | Price |
|---|---|
| Nov 06, 2024 | $19.32 |
| Nov 07, 2024 | $19.31 |
| Nov 08, 2024 | $19.25 |
| Nov 11, 2024 | $25.01 |
| Nov 12, 2024 | $25.23 |
| Nov 13, 2024 | $21.70 |
| Nov 14, 2024 | $20.79 |
| Nov 15, 2024 | $21.07 |
| Nov 18, 2024 | $18.11 |
| 4 days before | 30.59% |
| 4 days after | -28.24% |
| On release day | -13.99% |
| Change in period | -6.29% |
Q4 2024
Beat
| Release date | Feb 26, 2025 |
| Fiscal end date | Dec 31, 2024 |
| Price on release | $12.45 |
| EPS estimate | -$0.320 |
| EPS actual | $1.24 |
| EPS surprise | 487.50% |
| Date | Price |
|---|---|
| Feb 20, 2025 | $15.95 |
| Feb 21, 2025 | $14.66 |
| Feb 24, 2025 | $13.89 |
| Feb 25, 2025 | $12.42 |
| Feb 26, 2025 | $12.45 |
| Feb 27, 2025 | $13.13 |
| Feb 28, 2025 | $13.92 |
| Mar 03, 2025 | $13.79 |
| Mar 04, 2025 | $13.97 |
| 4 days before | -21.94% |
| 4 days after | 12.21% |
| On release day | 5.46% |
| Change in period | -12.41% |
MARA Holdings Earnings Call Transcript Summary of Q4 2024
Total revenue for the full year 2024 was $656.4 million, a 69% increase from 2023.
- Net income for Q4 2024 was $528.3 million ($1.24 per diluted share), a 248% increase year-over-year. Full-year net income rose 107% to $541 million.
- Adjusted EBITDA for Q4 reached $794.4 million, significantly higher than $259 million in Q4 2023, marking a new benchmark in the industry.
Energy Transformation and Cost Efficiency:
- MARA transitioned into a vertically integrated energy and technology solutions provider, enhancing operational control and efficiency.
- The company increased its energy capacity by 300% to 1.7 gigawatts, significantly lowering its energy costs for Bitcoin mining. The average energy cost for owned sites is $28,801 per Bitcoin, compared to $40 per megawatt for grid-reliant miners.
- The target is to achieve near-zero energy costs while extending the life of mining equipment, which will reduce maintenance CapEx and improve capital efficiency.
Focus on AI and Future Initiatives:
- MARA is exploring opportunities in artificial intelligence (AI), with plans to deploy 30 megawatts of inference AI by collaborating with data centers and AI operators.
- The company emphasizes developing solutions for managing power consumption and distribution to optimize efficiency for both its operations and its clients.
Strategic Partnerships and Growth Plans:
- Future growth includes acquiring additional energy capacity internationally, aiming for 50% of total capacity from overseas markets by 2028.
- MARA intends to establish partnerships with energy providers in international markets for collaborative growth, differentiating its approach from the fragmented U.S. energy market.
Response to Market Dynamics:
- MARA’s CEO noted that as Bitcoin becomes more correlated with equities, market volatility can impact Bitcoin pricing. Institutional adoption and innovative use cases signal a positive long-term outlook.
- The firm plans to continue leveraging convertible debt to acquire Bitcoin, distinguishing between investing in appreciating assets versus depreciating infrastructure.
Regulatory Environment and Strategic Positioning:
- Discussions indicated potential government support for Bitcoin mining, focusing on reducing friction for operations and partnerships with utility providers rather than direct government involvement.
- MARA is working to support U.S. initiatives and projects promoting a domestic Bitcoin mining environment, emphasizing the importance of strategic reserve policies.
Conclusion
MARA's transformation into a vertically integrated energy and technology provider positions it well in the competitive Bitcoin mining landscape. The company's focus on energy efficiency, coupled with an engagement in AI, strategic partnerships, and responding to market dynamics, underlines a robust strategy for sustainable growth and shareholder value. Investors should monitor MARA's continued financial performance, developments in AI technology, and the political landscape regarding Bitcoin regulation and energy partnerships.
MARA Holdings Earnings History
Earnings Calendar
FAQ
When is the earnings report for MARA?
MARA Holdings (MARA) has scheduled its earnings report for May 08, 2025 after the markets close.
What is the MARA price-to-earnings (P/E) ratio?
MARA P/E ratio as of Mar 14, 2025 (TTM) is 7.38.
What is the MARA EPS forecast?
The forecasted EPS (Earnings Per Share) for MARA Holdings (MARA) for the first fiscal quarter 2025 is -$0.140.
What are MARA Holdings's retained earnings?
On its balance sheet, MARA Holdings reported retained earnings of $214.39 million for the latest quarter ending Dec 31, 2024.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
