MARA Announces Fourth Quarter and Fiscal Year 2025 Results
Rhea-AI Summary
MARA (NASDAQ: MARA) announced preliminary, unaudited fourth-quarter and fiscal year 2025 financial results in a shareholder letter posted on its investor website. A copy will be furnished on Form 8-K.
The company will discuss results on a webcast and conference call today, Feb 26, 2026 at 5:00 p.m. ET (2:00 p.m. PT); a replay will be available on the investor site.
Positive
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Negative
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Market Reaction – MARA
Following this news, MARA has gained 18.34%, reflecting a significant positive market reaction. Our momentum scanner has triggered 36 alerts so far, indicating elevated trading interest and price volatility. The stock is currently trading at $10.00. This price movement has added approximately $495M to the company's valuation.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.
Key Figures
Market Reality Check
Peers on Argus
MARA was up 6.46% pre-announcement with elevated volume, while key peers showed mixed, mostly modest moves (e.g., RIOT +0.29%, BGC +0.94%, BMNR -4.76%). Momentum scanner flagged WULF moving -1.70%. This points to a MARA-specific move rather than a broad sector rotation.
Previous Earnings Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 04 | Q3 2025 earnings | Positive | -6.7% | Reported strong Q3 2025 growth and swing to net income with higher BTC. |
| Jul 29 | Q2 2025 earnings | Positive | -0.4% | Exceptional Q2 2025 revenue and net income growth plus BTC expansion. |
| May 08 | Q1 2025 earnings | Positive | +10.3% | Reported strong Q1 2025 revenue growth and sharply higher BTC holdings. |
| Feb 26 | FY 2024 earnings | Positive | +5.5% | Announced record Q4 and FY 2024 revenue, net income and EBITDA. |
| Nov 12 | Q3 2024 earnings | Neutral | -14.0% | Released Q3 2024 results and detailed access via webcast and SEC filing. |
Earnings releases have generally highlighted strong growth, but price reactions have been inconsistent, with several negative moves following positive fundamental updates.
Over the last few earnings cycles, MARA reported strong growth: Q1 2025 revenue rose 30% YoY to $214M, Q2 revenue grew 64% YoY to $238M with net income up 505% YoY to $808.2M, and Q3 2025 revenue increased 92% YoY to $252M alongside a swing to $123M net income. Bitcoin holdings also expanded sharply across 2024–2025. Despite these metrics, share reactions around earnings have ranged from -13.99% to +10.29%, suggesting volatile and sometimes skeptical responses to results. Today’s Q4/FY 2025 update continues this shareholder-letter-and-call pattern.
Historical Comparison
In the past five earnings releases, MARA’s average move was -1.06%. Today’s pre-announcement gain of 6.46% ahead of Q4/FY 2025 results represents a stronger-than-usual upside reaction versus prior earnings days.
Earnings updates show a progression from record FY 2024 metrics into 2025, with Q1–Q3 2025 delivering rising revenues, surging net income, and expanding bitcoin holdings, culminating in today’s Q4/FY 2025 results letter and webcast.
Market Pulse Summary
The stock is surging +18.3% following this news. A strong positive reaction aligns with the pattern of investors responding forcefully around MARA’s earnings updates. The pre-announcement gain of 6.46% came despite the stock trading 63.45% below its $23.45 52-week high and under its $14.53 200-day MA, suggesting expectations were rebuilding. Historical earnings moves have averaged -1.06%, so a larger upside move has previously been followed by both extensions and reversals, underscoring the need to watch post-release trading closely.
Key Terms
form 8-k regulatory
AI-generated analysis. Not financial advice.
Miami, FL, Feb. 26, 2026 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ("MARA" or the "Company"), a leading energy and digital infrastructure company, today announced its preliminary, unaudited fourth quarter and fiscal year 2025 financial results in a letter to shareholders.
Investors are invited to access the fourth quarter 2025 shareholder letter at MARA’s website at ir.mara.com. A copy of the letter will also be furnished to the Securities and Exchange Commission on a Form 8-K.
MARA will hold a webcast and conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) today to discuss these financial results. To register to participate in the conference call, please use the link below.
Earnings Webcast and Conference Call Details
Date: Thursday, February 26, 2026
Time: 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time)
Registration link: LINK
The webcast will also be available for replay at MARA’s website at ir.mara.com. If you have any difficulty connecting to the conference call, please contact MARA’s investor relations team at ir@mara.com.
About MARA
MARA (NASDAQ: MARA) deploys digital energy technologies to advance the world's energy systems. Harnessing the power of compute, MARA transforms excess energy into digital capital, balancing the grid and accelerating the deployment of critical infrastructure. Building on its expertise to redefine the future of energy, MARA develops technologies that reduce the energy demands of high-performance computing applications, from AI to the edge.
For more information, visit www.mara.com, or follow us on:
X: @MARA
LinkedIn: www.linkedin.com/company/MARAHoldings
Facebook: www.facebook.com/MARAHoldings
Instagram: @MARAHoldingsInc
MARA Company Contact:
Telephone: 800-804-1690
Email: ir@mara.com
MARA Media Contact:
Email: mara-jf@joelefrank.com