Marathon Digital (MARA) Revenue & Revenue Breakdown
Marathon Digital Revenue Highlights
Latest Revenue (Y)
$387.51M
Latest Revenue (Q)
$145.14M
Main Segment (Y)
Cryptocurrency Mining Revenue
Main Geography (Y)
Cryptocurrency Mining Revenue
Marathon Digital Revenue by Period
Marathon Digital Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $387.51M | 229.09% |
| 2022-12-31 | $117.75M | -26.02% |
| 2021-12-31 | $159.16M | 3552.67% |
| 2020-12-31 | $4.36M | 267.65% |
| 2019-12-31 | $1.19M | -24.14% |
| 2018-12-31 | $1.56M | 200.67% |
| 2017-12-31 | $519.62K | -98.58% |
| 2016-12-31 | $36.63M | 93.01% |
| 2015-12-31 | $18.98M | -11.34% |
| 2014-12-31 | $21.40M | 526.16% |
| 2013-12-31 | $3.42M | 2210.27% |
| 2012-12-31 | $147.96K | 100.00% |
| 2011-10-31 | - | - |
Marathon Digital generated $387.51M in revenue during NA 2023, up 229.09% compared to the previous quarter, and up 24802.54% compared to the same period a year ago.
Marathon Digital Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $145.14M | -12.14% |
| 2024-03-31 | $165.20M | 5.38% |
| 2023-12-31 | $156.77M | 60.21% |
| 2023-09-30 | $97.85M | 19.68% |
| 2023-06-30 | $81.76M | 59.90% |
| 2023-03-31 | $51.13M | 79.90% |
| 2022-12-31 | $28.42M | 123.97% |
| 2022-09-30 | $12.69M | -49.08% |
| 2022-06-30 | $24.92M | -51.81% |
| 2022-03-31 | $51.72M | -25.03% |
| 2021-12-31 | $68.98M | 33.41% |
| 2021-09-30 | $51.71M | 76.34% |
| 2021-06-30 | $29.32M | 220.36% |
| 2021-03-31 | $9.15M | 246.22% |
| 2020-12-31 | $2.64M | 216.53% |
| 2020-09-30 | $835.18K | 191.86% |
| 2020-06-30 | $286.16K | -51.70% |
| 2020-03-31 | $592.49K | 113.85% |
| 2019-12-31 | $277.05K | -13.88% |
| 2019-09-30 | $321.72K | -9.57% |
| 2019-06-30 | $355.76K | 54.22% |
| 2019-03-31 | $230.69K | -21.86% |
| 2018-12-31 | $295.23K | -12.83% |
| 2018-09-30 | $338.67K | -50.81% |
| 2018-06-30 | $688.50K | 186.92% |
| 2018-03-31 | $239.97K | -366.55% |
| 2017-12-31 | $-90.03K | -155.33% |
| 2017-09-30 | $162.71K | -55.88% |
| 2017-06-30 | $368.80K | 371.99% |
| 2017-03-31 | $78.14K | -55.79% |
| 2016-12-31 | $176.72K | 309.91% |
| 2016-09-30 | $43.11K | -99.87% |
| 2016-06-30 | $34.35M | 1567.73% |
| 2016-03-31 | $2.06M | -71.02% |
| 2015-12-31 | $7.11M | 10.91% |
| 2015-09-30 | $6.41M | 368.08% |
| 2015-06-30 | $1.37M | -66.56% |
| 2015-03-31 | $4.09M | 204.49% |
| 2014-12-31 | $1.34M | -90.01% |
| 2014-09-30 | $13.46M | 251.82% |
| 2014-06-30 | $3.82M | 37.57% |
| 2014-03-31 | $2.78M | 135.02% |
| 2013-12-31 | $1.18M | 66.49% |
| 2013-09-30 | $710.50K | -53.41% |
| 2013-06-30 | $1.52M | 100.00% |
| 2013-03-31 | - | 100.00% |
| 2012-12-31 | - | 100.00% |
| 2012-09-30 | - | 100.00% |
| 2012-06-30 | - | 100.00% |
| 2012-03-31 | - | 100.00% |
| 2011-10-31 | - | 100.00% |
| 2011-07-31 | - | 100.00% |
| 2011-04-30 | - | 100.00% |
| 2011-01-31 | - | 100.00% |
| 2010-07-31 | - | - |
Marathon Digital generated $145.14M in revenue during Q2 2024, up -12.14% compared to the previous quarter, and up 283.85% compared to the same period a year ago.
Marathon Digital Revenue Breakdown
Marathon Digital Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|
| Cryptocurrency Mining Revenue | $4.36M | $1.19M | $1.50M |
| Other Revenue | - | - | $66.97K |
Marathon Digital's latest annual revenue breakdown by segment (product or service), as of Dec 20: Cryptocurrency Mining Revenue (100.00%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hosting Services | $8.66M | $20.77M | - | - | - | - | - | - | - | - | - | - | - |
| Cryptocurrency Mining Revenue | - | - | $2.64M | $835.18K | $286.16K | $592.49K | $277.05K | $321.72K | $355.76K | $230.69K | $295.23K | $338.67K | $661.92K |
| Other Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $26.59K |
Marathon Digital's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Hosting Services (100.00%).
Marathon Digital Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 20 |
|---|---|
| Cryptocurrency Mining Revenue | $4.36M |
Marathon Digital's latest annual revenue breakdown by geography, as of Dec 20: Cryptocurrency Mining Revenue (100.00%).
Quarterly Revenue by Country
| Country | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cryptocurrency Mining Revenue | $2.64M | $835.18K | $286.16K | $592.49K | $277.05K | $321.72K | $355.76K | $230.69K | $295.23K | $338.67K | $661.92K |
| Other Revenue | - | - | - | - | - | - | - | - | - | - | $26.59K |
Marathon Digital's latest quarterly revenue breakdown by geography, as of Dec 20: Cryptocurrency Mining Revenue (100.00%).
Marathon Digital Peer Comparison by Revenue
MARA Revenue FAQ
What is Marathon Digital’s yearly revenue?
Marathon Digital's yearly revenue for 2023 was $387.51M, representing an increase of 229.09% compared to 2022. The company's yearly revenue for 2022 was $117.75M, representing a decrease of -26.02% compared to 2021. MARA's yearly revenue for 2021 was $159.16M, representing an increase of 3552.67% compared to 2020.
What is Marathon Digital’s quarterly revenue?
Marathon Digital's quarterly revenue for Q2 2024 was $145.14M, a -12.14% decrease from the previous quarter (Q1 2024), and a 77.52% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $165.2M, a 5.38% increase from the previous quarter (Q4 2023), and a 223.08% increase year-over-year (Q1 2023). MARA's quarterly revenue for Q4 2023 was $156.77M, a 60.21% increase from the previous quarter (Q3 2023), and a 451.55% increase year-over-year (Q4 2022).
What is Marathon Digital’s revenue growth rate?
Marathon Digital's revenue growth rate for the last 3 years (2021-2023) was 143.47%, and for the last 5 years (2019-2023) was 32594.83%.
What are Marathon Digital’s revenue streams?
Marathon Digital's revenue streams in c 20 are Cryptocurrency Mining Revenue
What is Marathon Digital’s main source of revenue?
For the fiscal year ending Dec 20, the largest source of revenue of Marathon Digital was Cryptocurrency Mining Revenue. This segment made a revenue of $4.36M, representing 100.00% of the company's total revenue.