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Marathon Digital Holdings MARA Hosting Services — Total revenues from contracts with customers

Other product segments

Mining participant
$15.32M+42.0%
Mining operator - transaction fees
$1.01M-63.8%

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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$5.42B-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

Reported directly by Marathon Digital Holdings in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 hosting services — total revenues from contracts with customers?
Marathon Digital Holdings (MARA) reported hosting services — total revenues from contracts with customers of $1.09M in Q1 2026.
How has Marathon Digital Holdings's hosting services — total revenues from contracts with customers changed year-over-year?
Marathon Digital Holdings's hosting services — total revenues from contracts with customers decreased by 5.7% year-over-year, from $1.15M to $1.09M.
What does hosting services — total revenues from contracts with customers mean?
This metric represents the total revenue generated from providing infrastructure and operational support services to third-party clients for digital asset mining. It reflects the company's ability to monetize its data center capacity and technical expertise by hosting external mining equipment. This revenue stream indicates the diversification of the business model beyond proprietary mining operations.