Marathon Digital (MARA) revenue breakdown
By product, Mining participant is the largest at 76% of fiscal 2025 revenue; Mining operator - transaction fees grew fastest, 29% a year over 4 years.
Revenue by product
Fiscal years, as Marathon Digital reports them in its 10-K filings; fiscal 2025 total $59M.
| Products | 2018 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|
| Mining participant | — | $21M | $5M | $25M | $32M | $45M | 76% |
| Mining operator - transaction fees | — | $3M | $5M | $33M | $33M | $9M | 16% |
| Hosting Services | — | — | — | — | $32M | $5M | 8% |
| Cryptocurrency Mining Revenue | $1M | — | — | — | — | — | — |
| Other Revenue | $66,970 | — | — | — | — | — | — |
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Where does Marathon Digital make its money?
In fiscal 2025, by product: Mining participant $45M, Mining operator - transaction fees $9M, Hosting Services $5M.
From Marathon Digital's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.