MARA Holdings Reports 92% Revenue Growth to $252.4 Million in Q3 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
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Source: Fool
- Significant Revenue Growth: In Q3 2025, MARA Holdings reported revenue of $252.4 million, a 92% year-over-year increase primarily driven by an 88% rise in Bitcoin prices contributing $113.3 million, showcasing the company's strong performance in the Bitcoin mining sector.
- Profitability Shift: The company achieved a net income of $123.1 million, a stark contrast to a net loss of $124.8 million in Q3 2024, marking a successful transition to profitability, although its earnings remain heavily reliant on Bitcoin price fluctuations.
- Substantial Bitcoin Holdings: MARA currently holds 53,250 BTC, valued at approximately $4.7 billion at current prices, which constitutes a significant portion of its balance sheet, reflecting its high dependence on the volatile Bitcoin market.
- Diversification Plans Awaiting Execution: While MARA aims to leverage its data center infrastructure to sell services to AI companies for new revenue streams, it has yet to secure any contracts, indicating ongoing challenges in its diversification strategy.
MARA
$9.49+Infinity%1D
Analyst Views on MARA
Wall Street analysts forecast MARA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MARA is 23.67 USD with a low forecast of 16.00 USD and a high forecast of 30.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
6 Buy
6 Hold
0 Sell
Moderate Buy
Current: 9.590
Low
16.00
Averages
23.67
High
30.00
Current: 9.590
Low
16.00
Averages
23.67
High
30.00
About MARA
MARA Holdings, Inc. is engaged in digital asset compute that develops and deploys technologies. The Company secures the blockchain ledger and supports energy transformation by converting clean, stranded, or otherwise underutilized energy into economic value. It also offers advanced technology solutions to optimize data center operations, including liquid immersion cooling and firmware for bitcoin miners. It is primarily focused on computing for, acquiring, and holding digital assets as a long-term investment. Its core business is bitcoin mining, and it produces, or mines, bitcoin using energy-efficient fleets of specialized computers while providing dispatchable compute as an optionality to the electric grid operators to balance electric demands on the grid. It is also engaged in the sale of data center infrastructure, such as immersion-cooled systems, to third parties operating in the bitcoin ecosystem and the artificial intelligence (AI) and high-performance compute (HPC) sectors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
