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EV / sales at other companies

CleanSpark logo
CleanSparkCLSK
5.9×+2.6×
Amazon logo
AmazonAMZN
3.2×0.0×
Riot Platforms, Inc. logo
Riot Platforms, Inc.RIOT
8.2×+1.8×
Core Scientific, Inc. logo
Core Scientific, Inc.CORZ
16.1×+9.8×
Iris Energy logo
Iris EnergyIREN
12.6×
TeraWulf logo
TeraWulfWULF
39.9×+31.0×

Other financials

Income statement

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Revenue$174.6M-18.4%
Gross profit-$52.8M
Operating income-$1.1B-96.2%
Net income-$1.3B-137%
EPS (diluted)-$3.31-114%

Balance sheet

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Cash & equivalents$525.7M+152%
Total debt$2.5B+5.4%
Total equity$2.2B-40.1%
Total assets$4.9B-23.2%

Cash flow

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Operating cash flow-$247.5M-14.9%
CapEx$79.5M+105%
Free cash flow-$327.0M-28.6%

Valuation

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Market cap$5.6B-22.0%

Profitability

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Gross margin-24.3%
Operating margin-201%-785pp
Net margin-235.1%-313pp
FCF margin-147.8%-5.6pp

Returns & leverage

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Return on equity-68.5%-83.9pp
Debt / equity1.1×+0.5×
Current ratio1.8×+1.1×

Where this comes from

Calculated from Marathon Digital Holdings’s reported figures.

Based on the most recent quarter.

The official record: Marathon Digital Holdings’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Marathon Digital Holdings's EV / sales?
Marathon Digital Holdings (MARA) reported EV / sales of 5.8× in Q1 2026.
How has Marathon Digital Holdings's EV / sales changed year-over-year?
Marathon Digital Holdings's EV / sales decreased by 32.9% year-over-year, from 8.7× to 5.8×.
What is the long-term trend for Marathon Digital Holdings's EV / sales?
Over 5 years (2020 to 2025), Marathon Digital Holdings's EV / sales has grown at a -49.3% compound annual growth rate (CAGR), from 213.5× to 7.2×.
What does EV / sales mean?
Enterprise value at the quarter end divided by trailing-twelve-month revenue. A capital-structure-neutral revenue multiple, useful when earnings are negative.