---
title: "Marathon Digital (MARA.US) — 財務報表"
type: "Symbol"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/quote/MARA.US/norm.md"
symbol: "MARA.US"
name: "Marathon Digital"
parent: "https://longbridge.com/zh-HK/quote/MARA.US.md"
datetime: "2026-05-20T00:41:37.386Z"
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)
---

# Marathon Digital (MARA.US) — 財務報表

## 損益表 (USD)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 每股收益 | -3.31 | -4.72 | 0.2664 | 1.84 | -1.55 |
| ROE | -176.67% | -158.48% | 9.90% | 75.92% | -54.31% |
| 營業收入 | 174.61M | 202.31M | 252.41M | 238.49M | 213.88M |
| 凈利潤 | -1.26B | -1.71B | 123.13M | 808.24M | -533.20M |
| 營業利潤 | -974.57M | -1.21B | 79.39M | 685.72M | -567.89M |
| 毛利率 | 34.27% | 35.69% | 52.96% | 53.56% | 47.79% |
| 凈利率 | -721.37% | -845.04% | 48.78% | 338.90% | -249.29% |
| 利潤含金量 | - | - | -39.89% | -419.55% | - |

## 資產負債表 (USD)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 資產與負債 | 4.95B | 7.29B | 9.15B | 7.72B | 6.44B |
| 權益乘數 | 2.12 | 2.10 | 1.77 | 1.61 | 1.73 |
| 每股凈資產 | 5.86 | 9.15 | 13.62 | 13.22 | 10.76 |
| 資產周轉率 | 0.1523 | 0.1288 | 0.1444 | 0.1473 | 0.1500 |
| 現金及短投 | 513.65M | 547.13M | 826.39M | 109.47M | 196.22M |
| 存貨與應收 | - | - | - | - | - |
| 長期投資 | 1.44B | 1.51B | 1.58B | 1.66B | 1.58B |
| 凈債務 | 1.95B | 3.10B | 2.82B | 2.54B | 2.44B |

## 現金流量表 (USD)

| 指標 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| 經營現金流 | -247.49M | -224.75M | -199.05M | -163.44M | -215.49M |
| 投資現金流 | 1.19B | -47.26M | -285.65M | -127.16M | -209.85M |
| 融資現金流 | -1.11B | -7.26M | 1.20B | 203.87M | 229.78M |
| 自由現金流 | -458.15M | -621.37M | 72.98M | 506.19M | -328.68M |
| 現金流充裕率 | -18.43% | -219.92% | -94.68% | -125.68% | -158.11% |
| 舉債與償債 | 150.00M | -786000.00 | 1.01B | 0.0000 | 150.00M |
| 資本支出 | -80.15M | -102.20M | -191.95M | -129.88M | -136.29M |