---
title: "Mara (MARA.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/MARA.US/norm.md"
symbol: "MARA.US"
name: "Mara"
parent: "https://longbridge.com/en/quote/MARA.US.md"
datetime: "2026-05-19T20:28:47.679Z"
locales:
  - [en](https://longbridge.com/en/quote/MARA.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/MARA.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/MARA.US/norm.md)
---

# Mara (MARA.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | -3.31 | -4.72 | 0.2664 | 1.84 | -1.55 |
| ROE | -176.67% | -158.48% | 9.90% | 75.92% | -54.31% |
| Revenue | 174.61M | 202.31M | 252.41M | 238.49M | 213.88M |
| Net income | -1.26B | -1.71B | 123.13M | 808.24M | -533.20M |
| Operating income | -974.57M | -1.21B | 79.39M | 685.72M | -567.89M |
| Gross margin | 34.27% | 35.69% | 52.96% | 53.56% | 47.79% |
| Net margin | -721.37% | -845.04% | 48.78% | 338.90% | -249.29% |
| Profit quality | - | - | -39.89% | -419.55% | - |

## Balance Sheet (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 4.95B | 7.29B | 9.15B | 7.72B | 6.44B |
| Leverage | 2.12 | 2.10 | 1.77 | 1.61 | 1.73 |
| BVPS | 5.86 | 9.15 | 13.62 | 13.22 | 10.76 |
| Turnover | 0.1523 | 0.1288 | 0.1444 | 0.1473 | 0.1500 |
| Cash & STI | 513.65M | 547.13M | 826.39M | 109.47M | 196.22M |
| Inv & Rec | - | - | - | - | - |
| LT assets | 1.44B | 1.51B | 1.58B | 1.66B | 1.58B |
| Net debt | 1.95B | 3.10B | 2.82B | 2.54B | 2.44B |

## Cash Flow Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -247.49M | -224.75M | -199.05M | -163.44M | -215.49M |
| Investing CF | 1.19B | -47.26M | -285.65M | -127.16M | -209.85M |
| Financing CF | -1.11B | -7.26M | 1.20B | 203.87M | 229.78M |
| Free CF | -458.15M | -621.37M | 72.98M | 506.19M | -328.68M |
| OCF coverage | -18.43% | -219.92% | -94.68% | -125.68% | -158.11% |
| Repaid & issued | 150.00M | -786000.00 | 1.01B | 0.0000 | 150.00M |
| CapEx | -80.15M | -102.20M | -191.95M | -129.88M | -136.29M |