# MARA Holdings share price today (MARA Holdings, Inc., MARA)

> MARA Holdings, Inc.'s P/BV is near the low end of its own history, higher than only 32% of past readings, and its quarterly results are still getting worse. MARA · Financials · Capital Markets · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/mara

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## Key numbers

- Price: $7.16 (−60.8% in a year)
- P/BV: 1.6× (lower than 68% of the last 5.3 years)
- Revenue (Jun 2026): $175 M (−26.7% on a year ago)
- Profit (Jun 2026): −$610 M (−175.4% on a year ago)
- Net margin: −348.6% (−687.5 points on a year ago)
- ROE: −106%, FY25

The main question: the share price moved −60.8% in a year while yearly earnings per share moved −314.3%. The difference came from the market paying a higher multiple. ## What is the MARA Holdings share price today? MARA Holdings, Inc.'s share price was $7.16 at the close on 3 November 2026. It has been falling for 5 weeks. That is 33.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between $7 and $16, and at that close it sat 4% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 15 weeks running. Over the last 10 years the share price moved −83% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 24 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does MARA Holdings pay? MARA Holdings, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is MARA Holdings on? MARA Holdings is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is MARA Holdings profitable? MARA Holdings, Inc. posted a net loss of $610 M in the Jun 2026 quarter. The full FY25 year was a loss of $1.3 B. That loss is 348.6% of the quarter's revenue. The same quarter a year earlier earned $808 M. 7 of the last 12 reported quarters were loss-making. Jun 2026 profit was −$610 M, −175.4% on a year earlier. For the full year, FY25 profit was −$1.3 B (−342.3% on the year before). ## How much revenue does MARA Holdings make, and is it growing? MARA Holdings, Inc. reported $175 M of income in the Jun 2026 quarter, −26.7% on the same quarter a year earlier. Over 4 years it has grown 54.5% a year on average. The last full year, FY25, came in at $907 M. The last four reported quarters add to $804 M. FY25 revenue was $907 M, +38.2% on the year before. Recent pace: the last four quarters grew +10.3% on average, against 54.5% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +0.7%, against +19.3% a year over the last 8 quarters (rolling over). ## How much does MARA Holdings keep from what it earns? MARA Holdings, Inc.'s net margin was −348.6% in the Jun 2026 quarter, 687.5 percentage points lower than the same quarter a year ago. Across 5 years it has been between −589.4% and 82.5%. The latest quarter is within that range. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of MARA Holdings' loans have gone bad? MARA Holdings, Inc. does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is MARA Holdings' loan book growing? MARA Holdings, Inc.'s revenue was $907 M in FY25, +38.2% on the year before, so the loan book is growing. The latest quarter was −26.7% on a year earlier. The net margin on that income is −348.6%, −687.5 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Quarterly loan-quality figures are missing here, so revenue growth and margin are the two we watch. ## What is MARA Holdings' P/BV ratio, and how does it compare with its own history? MARA Holdings, Inc.'s P/BV is 1.6×, near the low end of its own history: it has been lower only 32% of the time. Its usual P/BV (the middle reading) is 2.1×, over 5.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is low: this lender earns about −106% a year on its equity. A lender that earns less on its net worth is valued lower for each dollar of it, and that gap usually closes only if returns improve. Why the multiple is where it is: over the past year book value grew while the price moved −60.8%. Price and book value moved together, so the multiple stayed in its range. Where the price move came from: over 5 years the price moved −35.4% a year; about −7.5% a year came from book-value growth and about −27.9 percentage points from the multiple (the market paying less). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the book value trend underneath matters more than the multiple. ## Is the MARA Holdings business getting better or worse? MARA Holdings, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does MARA Holdings earn on its equity and assets? MARA Holdings, Inc. earned a return on equity of −38% in FY25. Its lowest yearly reading on file was −180% in FY22. On its assets, every $100 earned about −$26.30, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That return is below the level a bank needs to grow its net worth quickly, which helps explain why its multiple is where it is. Why: the ROE chart shows the move, but the deposit-cost and bad-loan details behind it are not in our data. ## Does MARA Holdings have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the MARA Holdings shareholding pattern? 29.6% of MARA Holdings, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 2.7 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is MARA Holdings from balance-sheet trouble? For MARA Holdings, Inc., the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does MARA Holdings rank in its industry? There is no score against its industry: MARA Holdings, Inc. is not among the largest members shown in this industry comparison for Capital Markets. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is MARA Holdings compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to MARA Holdings in size? MARA Holdings is the 33rd largest of 53 Capital Markets companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Piper Sandler Companies, Lazard, Inc. and Miami International Holdings, Inc. Just below it: CleanSpark, Inc., eToro Group and Sharplink, Inc. ### Capital Markets companies close in size

1. [Piper Sandler Companies](https://www.sectoralpha.in/us/stocks/pipr) $4.4 billion
2. [Lazard, Inc.](https://www.sectoralpha.in/us/stocks/laz) $3.7 billion
3. [Miami International Holdings, Inc.](https://www.sectoralpha.in/us/stocks/miax) $3.4 billion
4. MARA Holdings, Inc. $2.8 billion
5. [CleanSpark, Inc.](https://www.sectoralpha.in/us/stocks/clsk) $2.1 billion
6. [eToro Group Ltd.](https://www.sectoralpha.in/us/stocks/etor) $1.8 billion
7. [Sharplink, Inc.](https://www.sectoralpha.in/us/stocks/sbet) $1.4 billion

[All 53 Capital Markets companies, largest first](https://www.sectoralpha.in/us/sectors/capital-markets#all-companies)

### Companies close in size in other industries

1. [EagleRock Land, LLC](https://www.sectoralpha.in/us/stocks/erok) $2.5 billion · Oil & Gas Equipment & Services
2. [Pebblebrook Hotel Trust](https://www.sectoralpha.in/us/stocks/peb) $2.5 billion · REIT - Hotel & Motel
3. MARA Holdings, Inc. $2.5 billion
4. [LCI Industries](https://www.sectoralpha.in/us/stocks/lcii) $2.5 billion · Recreational Vehicles
5. [Brookdale Senior Living Inc.](https://www.sectoralpha.in/us/stocks/bkd) $2.5 billion · Medical Care Facilities

## What else do people ask about MARA Holdings? ### What were MARA Holdings's latest quarterly results? MARA Holdings, Inc. reported total income of $175 M and a net loss of $610 M for the Jun 2026 quarter. Income fell 26.7% and profit fell 175.4% compared with a year earlier. Earnings per share were −$1.60 (as of 3 November 2026). ### What is MARA Holdings's market cap? MARA Holdings, Inc.'s market capitalisation is $2.8 B at a stock price of $7.16. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is MARA Holdings performing? MARA Holdings, Inc.'s share price has been falling for 5 weeks. In its latest quarter, income fell 26.7% and profit fell 175.4% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 15 weeks running (as of 3 November 2026). ### Will MARA Holdings's stock price go up? This page does not forecast MARA Holdings, Inc.'s stock price. What it shows instead: the stock price is $7.16, and it has been falling for 5 weeks. Its P/BV of 1.6× is higher than 32% of its own last 5 years (as of 3 November 2026). ### Where is MARA Holdings in its business cycle? MARA Holdings, Inc.'s FY25 net margin was −144.6%, against a 5-year range of −589.4% to 82.5%: the middle of its own range, neither a peak nor a low. The latest quarter was −348.6%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the MARA Holdings story? The main question: the share price moved −60.8% in a year while yearly earnings per share moved −314.3%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is MARA Holdings a stock worth studying right now? What the numbers show: MARA Holdings, Inc.'s P/BV is near the low end of its own history, higher than only 32% of past readings, and its quarterly results are still getting worse. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.