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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Total revenues from contracts with customers by Product
Hosting Services$1.09M-7.7%$1.18M-0.1%$1.18M+1.1%$1.16M+1.1%$1.15M-38.2%
Mining operator - transaction fees$1.01M-21.9%$1.29M-38.2%$2.09M-31.4%$3.04M+9.5%$2.78M-82.8%
Mining participant$15.32M+61.4%$9.49M-29.8%$13.53M+22.7%$11.02M+2.2%$10.79M

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Questions, answered.

How does Marathon Digital Holdings break its business down?
Marathon Digital Holdings (MARA) reports total revenues from contracts with customers by product across 3 parts — Hosting Services, Mining operator - transaction fees and Mining participant. Each is extracted from the segment footnotes and tracked over time.
Where does Marathon Digital Holdings's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Marathon Digital Holdings's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.