NASDAQ$MARA

Marathon Digital Holdings Inc. · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Marathon Digital Holdings Inc. Q1 fiscal 2026: $174.6M revenue, $1.26B net loss

for the year ended December 31, 2025, filed with the SEC on March 2, 2026. (SEC accession 0001507605-26-000016)

  • Revenue: $174.6M
  • Net loss: $1.26B
  • Diluted EPS: $-3.31
  • Operating income: $-1.06B

Headline financials

Total Revenue

$175M

Previous: $214M-18.4%
EPS (adj)

-$3.31

Previous: -$1.55-113.5%
Capital Expenditures

-$79.5M

Previous: -$38.9M-104.7%
Net Income

-$1.26B

Previous: -$533M-136.7%
Operating Income

-$1.06B

Previous: -$541M-96.2%

Revenue & EPS history

Marathon Digital · Revenue · Quarterly

$175M

Q1 2026-18.4%vs Q1 2025
Beat estimate in 3 of 15 quarters(20%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-1.2%

Avg return

Earnings day

+5.3%

Avg return

5 days after

+1.9%

Avg return

30 days after

44%

24 / 55 earnings

Positive

+21.6%

Q3 2015

Best reaction

-17.2%

Q1 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.2%-3.9%
Q4 2025-8.3%+9.9%-5.1%
Q3 2025+4.2%-6.3%-29.4%
Q1 2025+10.6%+11.1%+10.4%
Q4 2024+5.5%+12.2%+0.2%
Q3 2024-13.2%-15.8%-9.7%
Q2 2024-12.6%-12.3%-15.1%
Q1 2024-14.6%-10.1%-4.1%
Q4 2023-14.5%-15.2%-25.5%
Q3 2023+0.5%+0.0%+82.8%
Q2 2023+2.9%-1.3%-18.0%
Q1 2023-6.9%+1.7%+0.0%
Q4 2022+15.2%+25.1%+68.8%
Q3 2022-8.5%-7.0%-48.7%
Q2 2022-0.4%+28.7%-17.6%
Q1 2022-5.2%-28.0%-47.6%
Q4 2021+6.0%-10.0%+10.3%
Q3 2021-7.1%-27.2%-46.9%
Q2 2021-2.4%-9.0%+5.6%
Q1 2021-17.2%-26.3%-16.6%
Q4 2020+0.2%-0.1%-2.2%
Q3 2020+2.6%+33.0%+103.9%
Q2 2020+4.8%-11.5%-49.3%
Q1 2020+8.1%+9.5%+25.7%
Q4 2019+0.0%-3.8%-19.2%
Q3 2019-5.3%-14.3%-17.3%
Q2 2019+0.5%-2.4%-20.1%
Q1 2019+19.0%+13.4%-24.3%
Q4 2018-12.3%-8.8%+36.0%
Q3 2018-5.7%-4.3%-35.7%
Q2 2018-7.3%-7.3%-10.4%
Q1 2018-8.2%-11.6%-21.8%
Q4 2017-3.3%-4.7%-6.7%
Q3 2017+2.2%+328.1%+310.1%
Q2 2017+4.0%+24.0%+44.0%
Q1 2017-8.1%-27.0%-51.4%
Q4 2016+5.2%-5.2%-44.3%
Q3 2016+1.7%-15.2%-33.9%
Q2 2016-0.3%-3.3%-4.9%
Q1 2016+14.1%
Q4 2015-2.9%
Q3 2015+21.6%
Q2 2015-13.7%
Q1 2015+7.9%
Q4 2014-4.1%
Q3 2014+3.6%
Q4 2013+0.8%
Q2 2014-6.9%
Q3 2013+0.9%
Q2 2013+1.0%
Q1 2013-2.2%
Q4 2012-12.5%
Q3 2012+0.0%
Q2 2012+0.0%
Q1 2012-1.9%
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q2 2010

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