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Marathon Digital Holdings MARA Gain (loss) on extinguishment of debt

Gain (loss) on extinguishment of debt at other companies

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Other financials

Income statement

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Revenue$174.9M-26.7%
Gross profit-$52.8M
Operating income-$521.1M-177%
Net income-$611.3M-176%
EPS (diluted)-$1.60-187%

Balance sheet

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Cash & equivalents$433.3M+257%
Total debt$2.5B+7.4%
Total equity$1.7B-65.3%
Total assets$4.3B-43.7%

Cash flow

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Operating cash flow-$223.8M-36.9%
CapEx$14.8M-87.6%
Free cash flow-$238.5M+15.5%

Valuation

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Market cap$4.06B-31.0%
Enterprise value$6.09B-24.4%
P/S5.1×-2.3×

Profitability

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Gross margin-24.3%
Operating margin-366.3%-405pp
Net margin-430.2%-515pp
FCF margin-154%-0.6pp

Returns & leverage

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Return on equity-107.2%-126pp
Debt / equity1.5×+1.0×
Current ratio0.9×+0.4×

Where this comes from

Reported directly by Marathon Digital Holdings in its filing.

Tagged under the XBRL concept us-gaap:GainsLossesOnExtinguishmentOfDebt.

The source filing: Marathon Digital Holdings’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001507605-26-000022
(in thousands, except share and per share data)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating income (loss)(521,070)679,777(1,582,566)138,714
Other income (loss)
Change in fair value of digital assets - receivable, net(93,456)346,547(397,368)230,480
Net gain from extinguishment of debt70,557
Interest income10,2639,63120,79521,626
Interest expense(6,264)(12,835)(16,984)(22,776)
Equity in net earnings of unconsolidated affiliate(2,856)(902)(5,027)(915)
Other2,646(5,509)6,527(3,035)

Cover / Front Matter

FAQ

What is Marathon Digital Holdings's gain (loss) on extinguishment of debt?
Marathon Digital Holdings (MARA) reported gain (loss) on extinguishment of debt of $0 in Q2 2026.
What does gain (loss) on extinguishment of debt mean?
Gains or losses from retiring debt before maturity — gains when debt is repurchased below par, losses when premiums are paid for early redemption.

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