MARA Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2025. For the third quarter, the company reported sales was USD 252.41 million compared to USD 131.65 million a year ago. Sales was USD 252.41 million compared to USD 131.65 million a year ago. Net income was USD 123.13 million compared to net loss of USD 124.79 million a year ago. Net income was USD 123.13 million compared to net loss of USD 124.79 million a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to basic loss per share from continuing operations of USD 0.42 a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to basic loss per share from continuing operations of USD 0.42 a year ago. Diluted earnings per share from continuing operations was USD 0.27 compared to diluted loss per share from continuing operations of USD 0.42 a year ago. Diluted earnings per share from continuing operations was USD 0.27 compared to diluted loss per share from continuing operations of USD 0.42 a year ago.
For the nine months, sales was USD 704.78 million compared to USD 441.98 million a year ago. Sales was USD 704.78 million compared to USD 441.98 million a year ago. Net income was USD 398.16 million compared to USD 12.73 million a year ago. Net income was USD 398.16 million compared to USD 12.73 million a year ago. Basic earnings per share from continuing operations was USD 1.13 compared to USD 0.05 a year ago. Basic earnings per share from continuing operations was USD 1.13 compared to USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.9 compared to USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.9 compared to USD 0.05 a year ago.
MARA Holdings Inc, formerly Marathon Digital Holdings, Inc. is a digital asset compute that develops and deploys technologies. The Companyâs digital asset compute portfolio spans multiple states and countries. It manages large grid-connected deployments that reduce energy waste and inefficiencies, as well as small, dispersed deployments that transform stranded or wasted energy resources into more productive and sustainable assets. Its technologies include 2PIC by MARA, MARAFW, MARA SLIPSTREAM, ANDURO, and ALYS. The Companyâs 2PIC by MARA is a next generation of immersion cooling technology. MARATools provides a streamlined process for firmware installation, configuration, and management of ASICs. Anduro is a multi-sidechain platform on bitcoin. ALYS is a bitcoin sidechain where builders can use Ethereum smart contracts. The Companyâs digital asset compute portfolio approximately 265,000 operational miners.
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