MARA

Mara Holdings, Inc. Financials Finance Services Russell 3000
$6.77Close $2.6BMarket cap $6.73 – $18.2752-week range Nov 3, 2026Next report

Highlights

Cautions

  • Not in an uptrend 1 of 8 trend conditions
  • Lagging the market RS 3 · weaker than 97% of stocks over 12 months
  • Far from its high 63% below its 52-week high
  • Results soon Nov 3, 2026, in 2 days
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 6, 2026
Off 12-month high 63%
1wk down 3.6% price change
1mo down 40.2% price change
12-month return down 62% market up 11% · its own down 75%
F-score — — Not assessed
Altman Z″ -0.64 Elevated risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B 0.7× price / book
Earnings yield — EBIT / enterprise value
Cheaper than 34% of the market · expensive
Revenue growth down 39% year on year
EPS growth — latest quarter
Sales growth down 9% latest quarter · -28 pts
ROE down 35% return on equity
Free cash margin —
D/E 0.92 long-term debt / equity
Net debt / EBITDA —
Interest cover —EBIT / interest

Trade setup

ATR% 9.6% $0.65 a day · 2×ATR $5.46
RS 3 / 99 vs the universe
Trend 1 / 8 trend template
Relative volume 1.0× vs 50-day average
Up/down volume 0.82 50 sessions
Implied move — no option chain · report Nov 3, 2026
Trend template · 1 of 8
  • 150-day average above the 200-day: passes

Screen verdict

Did not qualify for any screen.

Warning signs

3 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Shareholders diluted The share count rose 11.5% over the year, from 340m to 379m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
  • Revenue shrinking Revenue fell 39.2% over the year, from $96.5M to $58.7M.
Last reported Aug 6, 2026
Results reaction Aug 6, 2026-11% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $58.7M -39% on FY2024
$0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $4.4M FY2021 · $24.2M FY2022 · $9.9M FY2023 · $57.7M FY2024 · $96.5M FY2025 · $58.7M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$1.3B down to a loss
-$2B $0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$10.4M FY2021 · -$29.8M FY2022 · -$694.0M FY2023 · $259.1M FY2024 · $541.2M FY2025 · -$1.3B
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross
  • Net -2234%
-10000% 0% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross -61% · Net -240% FY2021 · Gross 482% · Net -123% FY2022 · Gross -341% · Net -7022% FY2023 · Gross -598% · Net 449% FY2024 · Gross -745% · Net 561% FY2025 · Net -2234%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $141.3M · Long-term debt $62,500 FY2021 · Cash $268.6M · Long-term debt $728.4M FY2022 · Cash $103.7M · Long-term debt $782.2M FY2023 · Cash $357.3M · Long-term debt $325.7M FY2024 · Cash $391.8M · Long-term debt $2.4B FY2025 · Cash $547.1M · Long-term debt $3.2B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 379.46m +362.9% since FY2020
379.46m 81.97m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 81.97m FY2021 · 102.73m FY2022 · 145.57m FY2023 · 242.83m FY2024 · 340.26m FY2025 · 379.46m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $4.4M $24.2M $9.9M $57.7M $96.5M $58.7M
Gross margin -61% 482% -341% -598% -745% —
Operating income -$9.8M -$3.0M -$673.5M $220.9M $306.1M -$1.2B
Net income -$10.4M -$29.8M -$694.0M $259.1M $541.2M -$1.3B
Net margin -240% -123% -7022% 449% 561% -2234%
Earnings per share -$0.13 -$0.30 -$6.12 $1.35 $1.74 -$3.69
Cash $141.3M $268.6M $103.7M $357.3M $391.8M $547.1M
Long-term debt $62,500 $728.4M $782.2M $325.7M $2.4B $3.2B
Shareholders' equity $311.7M $682.1M $385.9M $1.6B $4.1B $3.5B
Shares outstanding 81.97m 102.73m 145.57m 242.83m 340.26m 379.46m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 6, 2026 Quarterly ↗ Jun 30, 2026 37d
May 11, 2026 Quarterly ↗ Mar 31, 2026 41d
Mar 2, 2026 Annual ↗ Dec 31, 2025 61d
Nov 4, 2025 Quarterly ↗ Sep 30, 2025 35d
Jul 29, 2025 Quarterly ↗ Jun 30, 2025 29d
May 8, 2025 Quarterly ↗ Mar 31, 2025 38d
Mar 3, 2025 Annual ↗ Dec 31, 2024 62d
Nov 12, 2024 Quarterly ↗ Sep 30, 2024 43d
Aug 1, 2024 Quarterly ↗ Jun 30, 2024 32d
May 9, 2024 Quarterly ↗ Mar 31, 2024 39d
Feb 28, 2024 Annual ↗ Dec 31, 2023 59d
Nov 8, 2023 Quarterly ↗ Sep 30, 2023 39d

Current reports