Marathon Digital (MARA) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Marathon Digital Revenue Highlights


Latest Revenue (Y)

$387.51M

Latest Revenue (Q)

$131.65M

Main Segment (Y)

Cryptocurrency Mining Revenue

Main Geography (Y)

Cryptocurrency Mining Revenue

Marathon Digital Revenue by Period


Marathon Digital Revenue by Year

DateRevenueChange
2023-12-31$387.51M229.09%
2022-12-31$117.75M-26.02%
2021-12-31$159.16M3552.67%
2020-12-31$4.36M267.65%
2019-12-31$1.19M-24.14%
2018-12-31$1.56M200.67%
2017-12-31$519.62K-98.58%
2016-12-31$36.63M93.01%
2015-12-31$18.98M-11.34%
2014-12-31$21.40M526.16%
2013-12-31$3.42M2210.27%
2012-12-31$147.96K100.00%
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

DateRevenueChange
2024-09-30$131.65M-9.30%
2024-06-30$145.14M-12.14%
2024-03-31$165.20M5.38%
2023-12-31$156.77M60.21%
2023-09-30$97.85M19.68%
2023-06-30$81.76M59.90%
2023-03-31$51.13M79.90%
2022-12-31$28.42M123.97%
2022-09-30$12.69M-49.08%
2022-06-30$24.92M-51.81%
2022-03-31$51.72M-25.03%
2021-12-31$68.98M33.41%
2021-09-30$51.71M76.34%
2021-06-30$29.32M220.36%
2021-03-31$9.15M246.22%
2020-12-31$2.64M216.53%
2020-09-30$835.18K191.86%
2020-06-30$286.16K-51.70%
2020-03-31$592.49K113.85%
2019-12-31$277.05K-13.88%
2019-09-30$321.72K-9.57%
2019-06-30$355.76K54.22%
2019-03-31$230.69K-21.86%
2018-12-31$295.23K-12.83%
2018-09-30$338.67K-50.81%
2018-06-30$688.50K186.92%
2018-03-31$239.97K-366.55%
2017-12-31$-90.03K-155.33%
2017-09-30$162.71K-55.88%
2017-06-30$368.80K371.99%
2017-03-31$78.14K-55.79%
2016-12-31$176.72K309.91%
2016-09-30$43.11K-99.87%
2016-06-30$34.35M1567.73%
2016-03-31$2.06M-71.02%
2015-12-31$7.11M10.91%
2015-09-30$6.41M368.08%
2015-06-30$1.37M-66.56%
2015-03-31$4.09M204.49%
2014-12-31$1.34M-90.01%
2014-09-30$13.46M251.82%
2014-06-30$3.82M37.57%
2014-03-31$2.78M135.02%
2013-12-31$1.18M66.49%
2013-09-30$710.50K-53.41%
2013-06-30$1.52M100.00%
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 $131.65M in revenue during Q3 2024, up -9.30% compared to the previous quarter, and up 161.02% compared to the same period a year ago.

Marathon Digital Revenue Breakdown


Marathon Digital Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 20Dec 19Dec 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/ServiceSep 24Jun 24Mar 24Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18
Hosting Services$341.00K$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 Sep 24: Hosting Services (100.00%).

Marathon Digital Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 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

CountryDec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 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


TickerCompanyLast Year RevenueLast Quarter Revenue
MARAMarathon Digital$387.51M$131.65M
CLSKCleanSpark$378.97M$104.11M
RIOTRiot Blockchain$280.68M$84.80M
HUTHut 8 Mining$150.68M$48.18M
BITFBitfarms$149.05M$50.09M
HIVEHIVE Blockchain$106.32M$37.07M
WULFTeraWulf$69.23M$27.06M
BTBTBit Digital$44.92M$30.29M

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 Q3 2024 was $131.65M, a -9.30% decrease from the previous quarter (Q2 2024), and a 34.54% increase year-over-year (Q3 2023). The company'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). MARA'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).

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.