Marathon Digital Stock Income Statements

Marathon Digital Quarterly Income Statements Chart

Quarterly

Annual

Revenue

Operating Profit

Net Income

Marathon Digital Quarterly Income Statements Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-04-30	2012-12-31	2012-09-30	2012-06-30	2012-04-30	2012-04-30	2011-10-31

revenues	238,485,000	213,884,000																													368,800	78,137		43,113	34,349,762	2,059,676	7,106,943	6,407,997			1,344,497	13,455,472	3,824,500		558,869.75	710,500	1,524,979
costs and operating expenses
purchased energy costs	41,730,000	43,481,000
third-party hosting and other energy costs	69,029,000
operating and maintenance costs	22,362,000	19,794,000
general and administrative	92,948,000	85,865,000											1,389,388	833,379	797,574	278,860	307,191	240,369	112,800	89,566	108,937	106,464	115,247	128,829	115,243	161,578	89,859	558,894	563,716		142,281	247,652		183,771	223,130	217,010	461,918	177,494	130,521	219,481	165,075	166,216	130,521	66,459	229,078	108,278	122,976	84,006	39,451	80,255	68,069	124,469	124,469
depreciation and amortization	161,741,000	157,897,000	-136,767,000	-101,136,000	-87,808,000	-77,995,000
change in fair value of digital assets	-846,027,000	394,162,000	442,918,000	30,088,000	-147,999,000
change in fair value of derivative instrument	-20,311,000	-26,828,000	33,192,000	-58,234,000
impairment of assets	26,253,000
taxes other than on income	2,437,000	3,095,000
early termination expenses				-10,304,000	-5,660,000	-22,097,000
research and development	8,546,000	9,298,000	-4,105,000	-2,813,000	-3,845,000	-2,466,000
total costs and operating expenses	-441,292,000	754,947,000
operating income	679,777,000	-541,063,000	341,027,000	-172,223,000	-232,397,000	369,704,000	236,544,000	-15,633,000	-16,238,000	-3,858,000	-617,222,316	-46,645,684	-9,126,268				-47,055,414	-4,955,872	-1,994,197	-1,791,233	-1,091,802	-1,705,746	-807,859	-740,597	-984,909	-4,415,258	-1,495,041	-4,390,198	-1,858,132			-2,809,688		-10,739,792	14,009,790	-4,916,019	-4,487,908.5	-3,085,406	-315,727	-6,299,470
yoy	-392.51%	-246.35%	44.17%	1001.66%	1331.19%	-9682.79%	-138.32%	-66.49%	77.93%				-80.61%				4209.89%	190.54%	146.85%	141.86%	10.85%	-61.37%	-45.96%	-83.13%	-46.99%			56.25%				-42.85%		248.08%	-4537.31%	-21.96%
qoq	-225.64%	-258.66%	-298.01%	-25.89%	-162.86%	56.29%	-1613.11%	-3.73%	320.89%	-99.37%	1223.21%	411.11%					849.49%	148.51%	11.33%	64.06%	-35.99%	111.14%	9.08%	-24.81%	-77.69%	195.33%	-65.95%	136.27%						-176.66%	-384.98%	9.54%	45.46%	877.24%	-94.99%
operating margin %			159.07%	-130.82%	-160.12%	223.79%	81.66%	-15.98%	-19.86%	-7.55%	-587.48%	-367.57%	-17.65%	0%	0%	0%	-514.11%	-187.47%	-238.77%	-625.95%	-184.27%	-615.68%	-251.11%	-208.17%	-426.93%	-1495.53%	-441.44%	-637.64%	-774.33%
other income													-2,400	19,327		64,484	-1,470	-915	7,983		106,408	45,298.75	300	190,332	-9,437	3,801	125,125	-18,909	2,454		913,357	-14,825		-37,116	-17,745	-2,159			-2,770		-56,415	4,187	-2,770
change in fair value of digital assets - receivable	346,547,000	-116,067,000
interest income	9,631,000	11,995,000	8,056,000	3,894,000	2,188,000								228,693	267,754	84,454	141,379	183,828	13,498	2,466	499	1,880	2,849	8,428	10,358	12,016	11,677	2,553				621	1,241		931	931	931	931	135	266	2	2	138	266	291	438	474	349	291	-1,952	2,757	173
interest expense	-12,835,000	-9,941,000	-8,029,000	-2,342,000	-1,369,000	-1,256,000	-7,814,000	-2,536,000	-2,840,000	-3,760,000	-11,227,699	-3,752,301	-2,814,036	-1,567,037	-287	-1,203	-1,203			-7,549	-13,435	-14,552	-12,591	-12,455	-12,317	-12,591	-19,446	-9,151	-40,295		-564,680	-568,819			-844,407	-1,006,850	-896,809.5	-1,078,615	-20	-931,541	-543,263		-20	-230	-373	-243	-229	-230				125,000	125,000
equity in net earnings of unconsolidated affiliate	-902,000	-13,000	-680,000	-2,133,000	49,000		30,000	-647,000
other	-5,509,000	2,474,000
total other income	336,932,000	-111,552,000																			33,871	553,830	53,452	174,717							660,512			1,093,278	-761,250	-1,002,442			-2,524	-970,941	1,576,826	-2,165,157	-2,524	61	65	-38,588	120	61	-114,605	2,757	173
income before income taxes	1,016,709,000	-652,615,000	646,545,000	-173,950,000	-231,316,000	375,224,000	213,389,000	64,210,000	-18,930,000	-7,160,000	-627,405,321	-81,172,679	-17,255,653	34,546,660	-22,172,567	-108,884,620	83,356,742	-5,234,227	-1,994,417	-2,161,196	-1,057,931					-4,325,268	-1,340,457	-4,676,645
income tax benefit	-208,504,000	119,172,000	-118,262,000	49,161,000	31,657,000		-16,353,000	-73,000		-75,000	16,087,728	5,750,272	4,297,064																						-5,345,983	2,025,048	1,856,289	483,815		2,488,839	3,431,828	1,481,404
net income	808,205,000	-533,443,000	528,283,000	-124,789,000	-199,659,000	337,173,000	197,036,000	64,137,000	-19,133,000	-7,235,000	-611,317,593	-75,422,407	-12,958,589	11,525,939	-22,172,567	-108,884,620	83,356,742	-5,234,227	-1,994,417	-2,161,196	-1,057,931	-1,151,916	-754,407	-565,880	-1,044,862	-2,104,980.5	-1,340,457	-4,676,645	-2,402,820		-2,285,442	-3,677,282		-6,298,605	7,902,557	-3,893,413	-3,258,684	-3,750,468	-318,251		-4,805,865	3,522,604	-318,251	-605,536	-1,098,980	-935,320	-810,499	-605,536	-488,539	-1,903,290	-1,586,600	125,000	125,000
yoy	-504.79%	-258.21%	168.11%	-294.57%	943.53%	-4760.30%	-132.23%	-185.04%	47.65%	-162.77%	2657.09%	-30.73%	-115.55%	-320.20%	1011.73%	4938.16%	-7979.22%	354.39%	164.37%	281.92%	1.25%	-45.28%	-43.72%	-87.90%	-56.52%		-41.35%	27.18%			-128.92%	-5.55%		67.94%	-2583.12%		-32.19%	-206.47%	0.00%		337.30%	-476.62%	-60.73%	0.00%	124.95%	-50.86%	-48.92%	-79.54%	-83.49%
qoq	-251.51%	-200.98%	-523.34%	-37.50%	-159.22%	71.12%	207.21%	-435.22%	164.45%	-98.82%	710.53%	482.03%	-212.43%	-151.98%	-79.64%	-230.62%	-1692.53%	162.44%	-7.72%	104.29%	-8.16%	52.69%	33.32%	-45.84%	-50.36%	57.03%	-71.34%	94.63%			-37.85%			-179.70%	-302.97%	19.48%	-13.11%	1078.46%			-236.43%	-1206.86%	-47.44%	-44.90%	17.50%	15.40%	33.85%	23.95%	-74.33%	19.96%	-46.40%
net income margin %			246.41%	-94.79%	-137.56%	204.10%	68.02%	65.55%	-23.40%	-14.15%	-581.86%	-594.32%	-25.06%	19.12%	-42.88%	-371.34%	910.72%	-198.00%	-238.80%	-755.24%	-178.56%	-415.78%	-234.49%	-159.06%	-452.92%	-712.99%	-395.80%	-679.25%	-1001.31%
less: net income attributable to noncontrolling interest	30,000	244,000
net income attributable to common stockholders	808,235,000	-533,199,000	528,528,000	-124,789,000	-199,659,000		194,915,000	64,137,000	-21,254,000																	-4,394,402	-1,340,457	-4,676,645	-2,402,820
net income per share	2.29	-1.55	1.82	-0.42	-0.72	1.3				-0.05	-5.4	-0.65	-0.13	0.13	-0.22	-1.09	0.88	0.15	-0.06	-0.13	-0.12	-0.16	-0.12	-0.09	-0.16	-0.18	-0.06	-0.23	-0.16																							-2,959,879	-2,959,879
weighted-average shares of common stock - basic	352,901,683	344,098,009	289,961,989	294,942,685	278,674,506	259,098,664	183,855,570
weighted-average shares of common stock - diluted	440,912,159	344,098,009	311,841,347	294,942,685	278,674,506	267,912,443	192,293,277																																													0.00%	0.00%
third party hosting and other energy costs		68,183,000
total revenues			214,394,000	131,647,000	145,139,000	165,198,000	289,659,000	97,849,000	81,759,000	51,132,000	105,062,548	12,690,452	51,717,718	60,281,615	51,707,483	29,321,857	9,152,815	2,643,611	835,184	286,161	592,487	277,052	321,716	355,765	230,694	295,231	338,672	688,502	239,967
yoy			-25.98%	34.54%	77.52%	223.08%	175.70%	671.04%	58.09%	-15.18%	103.19%	-56.72%	465.05%	2180.28%	6091.15%	10146.63%	1444.81%	854.19%	159.60%	-19.56%	156.83%	-6.16%	-5.01%	-48.33%	-3.86%
qoq			62.86%	-9.30%	-12.14%	-42.97%	196.03%	19.68%	59.90%	-51.33%	727.89%	-75.46%	-14.21%	16.58%	76.34%	220.36%	246.22%	216.53%	191.86%	-51.70%	113.85%	-13.88%	-9.57%	54.22%	-21.86%	-12.83%	-50.81%	186.92%
costs and expenses
cost of revenues																															1,024,078	451,762		1,094,378	15,467,763	2,639,976	4,413,377	4,002,040	1,753,833	4,328,165	3,338,491	5,584,542	1,753,833		171,909.5	403,013	760,305
mining and hosting services			-130,420,000	-97,527,000	-93,887,000	-90,211,000
total cost of revenues			-267,187,000	-198,663,000	-181,695,000	-168,206,000	-289,675,000	-113,176,000	-92,497,000	-51,110,000
operating expenses
general and administrative expenses			-77,924,000	-63,725,000	-57,118,000	-73,311,000	-75,089,000	-20,141,000	-20,491,000	-15,344,000	-44,386,992	-12,352,008
amortization of intangible assets			-261,000	-219,000	-19,470,000	-2,969,000
total operating expenses			393,820,000	-105,207,000	-195,841,000	372,712,000	236,560,000	-306,000	-5,500,000	-3,880,000	-610,926,261	-19,268,739		38,652,296	115,991,238	24,700,251	56,208,229	7,599,483	2,829,381	2,077,394	1,684,289	1,982,798	1,129,575	1,096,362	1,215,603	4,710,489	1,833,713	5,078,700	2,098,099		3,297,512			10,782,905	20,339,972		7,455,621.25	9,493,403	4,140,227	10,393,339	19,607,970	3,664,573	2,386,394	714,377	2,969,575	1,349,426	1,584,766	714,377	390,109	1,809,126	284,153
gain on investments				-1,000,000		5,236,000
loss on hedge instruments			1,712,000			-2,292,000
net gain from extinguishment of debt							-333,000	82,600,000
other non-operating income			-8,458,000	-146,000	213,000	2,573,000	2,383,000	426,000	148,000	791,000	1,044,841	238,159
series a preferred stock accretion to redemption value
change in fair value of derivative					38,251,000	-15,252,000
net income from extinguishment of debt
gains on digital assets						488,807,000																																														3,084,879	3,084,879
equity in net income of unconsolidated affiliate						1,259,000
income tax expense						-38,051,000			-203,000																						-17,242
cost of revenues - energy, hosting and other							-163,710,000	-59,628,000	-55,222,000	-33,377,000	-58,944,445	-13,772,555
cost of revenues - depreciation and amortization							-125,965,000	-53,548,000	-37,275,000	-17,733,000	-52,414,158	-26,294,842
impairment of digital assets							-2,971,250	-11,885,000	-8,363,000	-6,151,000
gains on digital assets and gains on digital assets loan receivable							7,930,000	31,720,000
losses on digital assets held within investment fund
gain on sale of equipment, net of disposals											51,945,693	31,934,307
legal reserves											-1,171,000	-24,960,000
impairment of deposits due to vendor bankruptcy filing											-16,673,853	-7,987,147
impairment of patents													919,363
impairment of loan and investment due to vendor bankruptcy filing											-147	-31,012,853
net income attributable to common stockholders per common stock - basic							90	360
weighted-average common stock outstanding - basic								179,602,722,000
net income attributable to common stockholders per common stock - diluted							87.5	350
weighted-average common stock outstanding - diluted								189,506,521,000
gains on digital assets and losses on digital assets loan receivable									23,354,000
income from extinguishment of debt										-333,000
add: series a preferred stock accretion to redemption value									-2,121,000
net income attributable to common stockholders per common stock - basic and diluted									-130
weighted-average common stock outstanding - basic and diluted									168,474,882,000
realized gains on digital assets and unrealized gains on digital assets loan receivable										17,615,000
realized and unrealized gains on digital assets held within investment fund
weighted-average shares outstanding, basic and diluted:										159,186,506	113,467,837	116,533,816		99,337,587	100,803,809	99,466,946		81,408,340	31,520,736	16,291,610	8,655,525	6,664,238	6,372,061	6,350,080	6,338,418	21,263,774	24,321,788	20,037,189	15,222,735	6,522,649
total costs and expenses											-10,016,849.25	-40,067,397
impairment of digital currencies											-1,475,972.75	-5,903,891
realized and unrealized gains on digital currencies held in fund
digital currency mining													51,717,718
cost of revenue													26,393,636	14,032,845	10,263,009	6,993,834	2,406,415	3,471,358	1,636,046	740,483	1,153,241	996,142	478,811	498,588	508,640	1,019,849	1,132,570	931,630	267,709
operating and administrative expenses
compensation and related taxes													10,342,967	10,615,657	97,181,544	4,082,767	52,405,786	2,821,402	614,604	1,060,480	233,657	250,550	409,609	328,604	486,687	1,180,992	137,338	252,853	413,118		760,542	1,085,546		1,252,571	1,120,924	1,033,346	1,847,435	903,685	712,131	1,581,074	1,638,179	824,165	712,131	426,675	1,058,239	470,786	1,041,353	426,675	197,280	1,556,790	81,449
professional fees													2,247,378	1,936,757	857,921	2,160,775	313,032	218,179	206,368	162,552	146,642	135,053	91,908	110,341	85,033	59,574	126,446	226,514	804,286		645,144	425,686		432,496	498,212	405,493	317,744	882,213	268,616	769,615	632,624	408,280	268,616	158,472	90,605	116,373	289,752	158,472	60,301	79,608	107,464
impairment of mined digital currency													19,551,254
total operating and administrative expenses													34,450,350
change in fair value of investment fund													-5,541,642
change in fair value of warrant liability														-821,061	168,666	1,196,004	-1,591,895	-290,937	-21,875	-6,563	9,787	33,987	68,551	-38,570	-37,734	106,041	45,595	94,629	1,453,257
total other (expenses) income													-5,315,349	12,917,341	42,111,188	-113,506,226	130,412,156	-278,355	-220	-369,963
weighted-average shares outstanding, basic:													103,102,596				94,350,216
weighted-average shares outstanding, diluted:													103,102,596				96,251,240																																			840,943	840,943
cryptocurrency mining revenue														60,281,615	51,707,483	29,321,857	9,152,815	2,643,611	835,184	286,161	592,487	277,052	321,716	355,765	230,694	295,231	338,672	661,917	199,582																							262,739	262,739
operating costs and expenses
consulting fees														153,417	159,300	105,355	113,606	-23,127	259,563	24,313	41,812	46,813	34,000	30,000	20,000	65,808	347,500	187,583	38,203		85,580	-28,779		257,420	364,836	280,776	454,922	643,702	336,447	896,543	584,517	785,601	336,447	45,224	456,765	269,012	130,685	45,224	93,077	92,473	27,171
impairment of mined cryptocurrency														11,080,241	6,731,890	11,078,660
income from operations														21,629,319	-64,283,755	4,621,606
loss on conversion of note																		-1		-364,832
change in fair value of investment in nydig fund														15,013,271	41,850,203	-114,907,879	131,822,950
realized gain on sale of digital currencies														5,087	8,152	989	-54		11,206	8,482						-18,383.25	8,760
change in fair value of mining payable																					-66,547
impairment of cryptocurrencies																	662,199
foreign exchange loss																						-2,968.25			-11,873				-15,332																							1,829,423	1,829,423
other comprehensive income:
unrealized gain on foreign currency translation																													15		126,062	1,083																				-3,084,879	-3,084,879
comprehensive loss attributable to marathon patent group, inc.																		-1,303,386	-1,994,417			-1,151,916	-754,407	-565,880	-1,044,862	-4,394,402	-1,340,457	-4,676,645	-2,402,805		-1,990,080	-3,534,927
realized loss on sale of digital currencies																					-4,222				-608			3,710	1,510
other revenue																												26,585	40,385
break-up fee - issuance of shares to gbv																												2,850,000
realized income on sale of digital currencies																						3,302	-11,236	25,052
amortization of debt discount																												-345,256	-1,944,772
total other incomes																									-59,953							-867,594					-345,815.25	-1,148,877
amortization of patents																																					2,127,932.5	2,884,269					938,679	17,547	177,848	384,977
patent impairment																																		5,531,383	620,696	373,195
foreign exchange gain																										60,014	-8,003	-7,760			102,913	-85,862		-175,850	-69,201	6,978
loss on debt extinguishment
loss on sale of company
change in fair value adjustment of clouding ip earn out																																13,879			169,172	-1,342	725,337	597,047
net income attributable to non-controlling interests																															84,650
change in fair value of digital currencies																												67,516	9,557
other comprehensive loss:
expenses
amortization of patents and website																															639,887	705,958		2,030,886	1,961,411	2,025,899			938,679	2,598,461	2,655,642	1,480,311
goodwill impairment																																			83,000
operating income from operations																															-2,928,712
warrant income																															208,301
income before benefit for income taxes																															-2,268,200	-3,677,282				-5,918,461	-4,833,723.75	-4,234,283
net income attributable to common shareholders																															-2,200,792	-3,606,646							-1,589,743	-4,781,571
income per common share:
basic																															-0.1				0.53
fully diluted																															-0.1				0.49
weighted-average common shares outstanding:
basic																															22,566,648				14,994,697
comprehensive loss																															-2,074,730	-3,605,563
less: comprehensive income related to non-controlling interest																															84,650	70,636
total operarating expenses																																2,887,825				6,975,695
warrant expense																																-213,208
net (income) loss attributable to noncontrolling interests																																70,636			3,722
loss per common share:
basic and fully diluted																																-0.19		-0.42
weighted-average common shares outstanding:
change in fair value adjustments of clouding ip earn out																																		1,954,378
interest expense.																																		-649,065
income before benefit from income taxes																																		-9,646,514					-318,251	-7,270,411
(benefit from) benefit from income taxes																																		3,347,909
net income attributible to noncontrolling interests																																		24,195
net income attributable to marathon patent group, inc. common shareholders																																		-6,274,410
other comprehensive income
foreign currency translation adjustments																																		209,159	-150,171	247,427	-146,176.5	45,628
income before income tax benefit																																			13,248,540
net income attrributable to marathon patent group, inc. common shareholders																																			7,906,279
loss per common share, basic and diluted:																																				-0.26			-0.14	-0.34
weighted-average common shares outstanding - basic and diluted																																				14,967,141	14,208,787			13,868,811	11,660,879				4,604,193	5,227,840			36,238,712	33,875,085
impairment of patent																																					191,624.5
impairment of goodwill																																									-536,122	-2,144,488
other income/																																					3,521.25	6,646
foreign exchange gain/																																					-14,398.25	-20,090		-39,402
loss on debt exstinguishment																																					-163,500	-654,000
deemed dividends related to beneficial conversion feature of series a convertible preferred stock																																									-317,873
net income available to common shareholders																																					-3,258,684	-3,750,468			413,062.5	3,522,604	-1,589,743
income per common share, basic:
income																																					-0.23	-0.26
income per common share, diluted:
weighted-average common shares
outstanding - basic																																					3,523,722.75	14,376,118			1,399,671.75	5,750,250
outstanding - diluted																																					3,523,722.75	14,376,118			1,865,813	7,983,227
other comprehensive income, net of tax:
revenue																																							3,824,500	4,093,869
deemed dividends related to beneficial conversion feature of series a preferred stock																																							-1,271,492				-1,271,492
outstanding - basic and diluted																																							11,016,646				5,508,323	3,503,565			4,249,120	45,546,345
gross profit																																									2,902,754.5	7,870,930	2,070,667		386,960.25	307,487	764,674
yoy																																									650.14%	2459.76%	170.79%
qoq																																									-63.12%	280.12%			25.85%	-59.79%
gross margin %			0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
operating income from continuing operations																																									-9,814,518	4,206,357	-315,727	-714,377	-1,099,045	-1,041,939	-820,092	-714,377	-390,109	-1,809,126	-284,153
realized loss - available for sale																																													-9,704.75	-38,819
income from continuing operations before benefit for income taxes																																									360,584.5	2,041,200
income from continuing operations																																									-4,805,865	3,522,604	-318,251	-714,316	-1,098,980	-1,080,527	-819,972	-714,316	-504,714	-1,806,369	-283,980
discontinued operations:
income from discontinued operations, net of tax																																												108,780		145,207	9,473		16,175	-96,921	-1,302,620
income from discontinued operations																																												0.03		0.03	0	0		0	-0.03	32,894,061	32,894,061
income from continuing operations before benefit from income taxes																																											-318,251	-714,316	-1,098,980	-1,080,527	-819,972	-714,316	-504,714	-1,806,369	-283,980
benefit from income taxes
loss available to common shareholders per common share, basic and diluted:
see accompanying notes to unaudited consolidated financial statements.
less: net income attributable to non-controlling interest																																																		10,395	101
net income attributable to marathon patent group, inc.																																													-1,098,980	-935,320	-810,499	-605,536
realized loss other than temporary decline - available for sale
gain from discontinued operations, net of tax																																																108,780
net income attributable to american strategic minerals corporation																																																	-1,609,818.25	-1,892,895	-1,586,499
weighted-average common shares outstanding = basic and diluted																																																			41,271,308
exploration costs
impairment of mineral rights
net income per common share:
basic and diluted

We provide you with 20 years income statements for Marathon Digital stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Marathon Digital stock. Explore the full financial landscape of Marathon Digital stock with our expertly curated income statements.

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