$MARA Balance Sheet | Understand Stock

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$MARA

$13.60 -$0.69 (4.8%)

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Balance Sheet

Concept	2026 Q1	2025 Q4	2025 Q3	2025 Q2	2025 Q1	2024 Q4	2024 Q3	2024 Q2	2024 Q1	2023 Q4	2023 Q3	2023 Q2	2023 Q1	2022 Q4	2022 Q3	2022 Q2	2022 Q1	2021 Q4	2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$513.7M 161.78% YoY	$547.1M 38.13% YoY	$826.4M 355.68% YoY	$109.5M -59.92% YoY	$196.2M -87.41% YoY	$396.1M -60.27% YoY	$181.4M -53.26% YoY	$273.1M -21.53% YoY	$1.559B 396.53% YoY	$997.0M 342.02% YoY	$388.0M 113.47% YoY	$348.1M 55.89% YoY	$314.0M -33.46% YoY	$225.5M -62.1% YoY	$181.8M -40.6% YoY	$223.3M -39.07% YoY	$471.9M -6.47% YoY	$595.1M 314.42% YoY	$306.0M 1628.69% YoY
Cash & Equivalents	$513.7M 161.78% YoY	$547.1M 39.66% YoY	$826.4M 403.11% YoY	$109.5M -57.24% YoY	$196.2M -39.49% YoY	$391.8M 9.65% YoY	$164.3M 62.29% YoY	$256.0M 125.23% YoY	$324.3M 159.66% YoY	$357.3M 244.53% YoY	$101.2M 82.89% YoY	$113.7M 31.47% YoY	$124.9M 5.38% YoY	$103.7M -61.38% YoY	$55.34M 68.44% YoY	$86.46M -49.32% YoY	$118.5M -44.07% YoY	$268.5M 90.04% YoY	$32.85M 89.91% YoY
Short-Term Investments	N/A	$2.391M -44.74% YoY	$3.712M -78.29% YoY	$2.259M -86.8% YoY	$3.098M -99.75% YoY	$4.327M -99.32% YoY	$17.10M -94.04% YoY	$17.12M -92.7% YoY	$1.235B 552.93% YoY	$639.7M N/A	$286.8M N/A	$234.4M N/A	$189.1M -13.35% YoY	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$218.2M -22.56% YoY	$223.8M N/A	$208.8M N/A
Other Short-Term Assets	N/A	$96.21M 41.62% YoY	$98.70M 78.72% YoY	$93.70M 17.03% YoY	$83.89M 14.24% YoY	$67.93M 120.99% YoY	$55.23M 27.25% YoY	$80.06M 8.78% YoY	$73.43M 1.75% YoY	$30.74M -40.87% YoY	$43.40M -24.32% YoY	$73.60M -32.41% YoY	$72.17M -16.08% YoY	$51.98M -17.54% YoY	$57.35M -76.93% YoY	$108.9M -12.99% YoY	$85.99M -34.56% YoY	$63.04M -7.29% YoY	$248.6M 1688.36% YoY
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Prepaid Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Receivables	N/A	N/A	N/A	N/A	N/A	N/A	$2.792M N/A	$18.74M N/A	$8.368M N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Receivables	$25.64M 197.2% YoY	$18.54M 192.2% YoY	$33.12M N/A	$31.03M N/A	$8.628M N/A	$6.345M 203.44% YoY	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$0.00 -100.0% YoY	$2.091M 11516.67% YoY	$1.193M N/A	$759.0K N/A	$172.0K -99.42% YoY	$18.00K N/A	N/A	N/A	$29.87M N/A	N/A N/A	N/A N/A
Total Short-Term Assets	$611.1M 109.41% YoY	$664.3M 41.22% YoY	$961.9M 301.85% YoY	$236.5M -36.43% YoY	$291.8M -82.21% YoY	$470.4M -54.32% YoY	$239.4M -44.67% YoY	$371.9M -11.95% YoY	$1.641B 324.73% YoY	$1.030B 271.04% YoY	$432.6M 80.19% YoY	$422.4M 16.63% YoY	$386.3M -34.81% YoY	$277.5M -59.67% YoY	$240.1M -56.7% YoY	$362.2M -26.33% YoY	$592.6M -6.81% YoY	$688.2M 140.28% YoY	$554.6M 1654.94% YoY
LONG-TERM ASSETS
Property, Plant & Equipment	$1.406B -10.21% YoY	$1.491B -3.8% YoY	$1.555B 42.35% YoY	$1.634B 75.79% YoY	$1.566B 95.19% YoY	$1.549B 130.66% YoY	$1.092B 47.26% YoY	$929.5M 18.58% YoY	$802.3M 12.23% YoY	$671.8M 146.05% YoY	$741.7M 83.8% YoY	$783.9M 148.51% YoY	$714.9M 113.63% YoY	$273.0M -1.16% YoY	$403.5M 329.59% YoY	$315.4M 293.54% YoY	$334.6M 696.77% YoY	$276.2M 1487.6% YoY	$93.93M 1816.98% YoY
Goodwill	$90.49M 9.35% YoY	$0.00 -100.0% YoY	$82.78M 82.48% YoY	$82.78M 82.48% YoY	$82.75M 168.22% YoY	$82.75M N/A	$45.36M N/A	$45.36M N/A	$30.85M N/A	$0.00 N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Intangibles	$43.12M 1673.15% YoY	$988.0K -63.6% YoY	$771.0K -60.96% YoY	$2.150M -2.01% YoY	$2.432M -88.77% YoY	$2.714M N/A	$1.975M N/A	$2.194M N/A	$21.66M N/A	$0.00 N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Investments	$40.66M -20.69% YoY	$42.68M -25.71% YoY	$46.19M -97.5% YoY	$48.31M -96.21% YoY	$51.27M -54.31% YoY	$57.45M -45.95% YoY	$1.847B 1693.37% YoY	$1.275B 1176.17% YoY	$112.2M 39.91% YoY	$106.3M 187.28% YoY	$103.0M 178.38% YoY	$99.90M 487.65% YoY	$80.19M 494.04% YoY	$37.00M 1133.33% YoY	$37.00M N/A	$17.00M N/A	$13.50M N/A	$3.000M N/A	N/A
Other Assets	N/A	$258.8M -32.54% YoY	$361.3M 4.81% YoY	$265.4M -45.11% YoY	$427.3M 25.18% YoY	$383.6M 109.99% YoY	$344.8M 225.56% YoY	$483.5M 627.06% YoY	$341.4M 181.34% YoY	$182.7M -69.88% YoY	$105.9M -86.66% YoY	$66.50M -91.84% YoY	$121.3M -79.69% YoY	$606.4M 26.35% YoY	$793.8M 5227.59% YoY	$815.0M 7245.3% YoY	$597.4M 7461.65% YoY	$479.9M 5613.34% YoY	$14.90M N/A
Total Long-Term Assets	$4.338B -29.49% YoY	$6.623B 4.61% YoY	$8.191B 145.2% YoY	$7.485B 172.66% YoY	$6.153B 367.44% YoY	$6.331B 558.67% YoY	$3.341B 251.24% YoY	$2.745B 188.73% YoY	$1.316B 43.44% YoY	$961.2M 4.74% YoY	$951.1M -23.03% YoY	$950.8M -17.13% YoY	$917.6M -2.95% YoY	$917.7M 20.73% YoY	$1.236B 1025.58% YoY	$1.147B 1144.28% YoY	$945.5M 1761.25% YoY	$760.1M 2725.63% YoY	$109.8M 1760.69% YoY
TOTAL ASSETS
Total Short-Term Assets	$611.1M 109.41% YoY	$664.3M 41.22% YoY	$961.9M 301.85% YoY	$236.5M -36.43% YoY	$291.8M -82.21% YoY	$470.4M -54.32% YoY	$239.4M -44.67% YoY	$371.9M -11.95% YoY	$1.641B 324.73% YoY	$1.030B 271.04% YoY	$432.6M 80.19% YoY	$422.4M 16.63% YoY	$386.3M -34.81% YoY	$277.5M -59.67% YoY	$240.1M -56.7% YoY	$362.2M -26.33% YoY	$592.6M -6.81% YoY	$688.2M 140.28% YoY	$554.6M 1654.94% YoY
Total Long-Term Assets	$4.338B	$6.623B	$8.191B	$7.485B	$6.153B	$6.331B	$3.341B	$2.745B	$1.316B	$961.2M	$951.1M	$950.8M	$917.6M	$917.7M	$1.236B	$1.147B	$945.5M	$760.1M	$109.8M
Total Assets	$4.949B -23.2% YoY	$7.287B 7.14% YoY	$9.153B 155.67% YoY	$7.721B 147.71% YoY	$6.444B 117.94% YoY	$6.801B 241.61% YoY	$3.580B 158.72% YoY	$3.117B 126.99% YoY	$2.957B 126.77% YoY	$1.991B 66.57% YoY	$1.384B -6.23% YoY	$1.373B -9.03% YoY	$1.304B -15.22% YoY	$1.195B -17.47% YoY	$1.476B 122.14% YoY	$1.510B 158.55% YoY	$1.538B 123.98% YoY	$1.448B 362.25% YoY	$664.3M 1671.57% YoY
SHORT-TERM LIABILITIES
Accounts Payable	$7.843M 20.87% YoY	$12.55M -0.08% YoY	$11.43M -8.97% YoY	$9.837M -65.89% YoY	$6.489M -80.5% YoY	$12.56M 10.69% YoY	$12.56M -17.47% YoY	$28.84M 303.36% YoY	$33.27M 928.56% YoY	$11.34M 765.22% YoY	$15.22M -20.12% YoY	$7.150M -86.06% YoY	$3.235M -58.07% YoY	$1.311M -87.94% YoY	$19.05M 464.57% YoY	$51.30M 1853.48% YoY	$7.715M 671.53% YoY	$10.87M 986.74% YoY	$3.375M N/A
Accrued Expenses	$105.0M 129.58% YoY	$86.99M 13.13% YoY	$74.33M 101.65% YoY	$56.80M -15.45% YoY	$45.75M 41.9% YoY	$76.89M 249.25% YoY	$36.86M 69.85% YoY	$67.18M 229.49% YoY	$32.24M 81.58% YoY	$22.02M -1.25% YoY	$21.70M 913.85% YoY	$20.39M 430.77% YoY	$17.76M 150.09% YoY	$22.29M 2470.62% YoY	$2.141M N/A	$3.842M N/A	$7.100M N/A	$867.3K 767.26% YoY	$0.00 -100.0% YoY
Deferred Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Short-Term Debt	N/A	$350.0M N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 -100.0% YoY	$0.00 N/A	$0.00 N/A	$0.00 N/A	$35.00M N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A
Long-Term Debt Due	$197.9M -34.07% YoY	$397.8M 236712.5% YoY	$350.2M 195527.37% YoY	$350.2M 194440.56% YoY	$300.2M N/A	$168.0K N/A	$179.0K N/A	$180.0K N/A	N/A	$0.00 N/A	N/A	N/A	N/A	$0.00 N/A	N/A	N/A	N/A	N/A	N/A
Total Short-Term Liabilities	$331.5M -10.02% YoY	$521.9M 448.21% YoY	$459.4M 668.32% YoY	$441.0M 344.53% YoY	$368.4M 417.88% YoY	$95.20M 182.0% YoY	$59.79M 56.63% YoY	$99.21M 250.11% YoY	$71.13M 198.63% YoY	$33.76M 29.28% YoY	$38.17M -16.18% YoY	$28.34M -68.56% YoY	$23.82M 60.78% YoY	$26.11M 89.3% YoY	$45.54M 1060.54% YoY	$90.14M 2595.25% YoY	$14.82M 410.86% YoY	$13.79M 885.31% YoY	$3.924M 256.74% YoY
LONG-TERM LIABILITIES
Long-Term Debt	$2.218B -3.65% YoY	$3.202B 30.68% YoY	$3.251B 421.46% YoY	$2.254B 580.36% YoY	$2.302B 606.03% YoY	$2.450B 652.42% YoY	$623.5M 91.67% YoY	$331.3M -54.87% YoY	$326.1M -55.53% YoY	$325.7M -58.37% YoY	$325.3M -58.36% YoY	$734.2M 0.53% YoY	$733.3M 0.53% YoY	$782.2M 7.38% YoY	$781.2M N/A	$730.3M N/A	$729.4M 729276.81% YoY	$728.4M 728305.92% YoY	$0.00 -100.0% YoY
Other Long-Term Liabilities	$12.68M 7.06% YoY	$12.46M 48.19% YoY	$12.25M 48.17% YoY	$12.04M 50.65% YoY	$11.84M -30.26% YoY	$8.411M 2275.99% YoY	$8.268M 1967.0% YoY	$7.994M 1898.5% YoY	$16.98M 1767.77% YoY	$354.0K -65.19% YoY	$400.0K -64.66% YoY	$400.0K -62.5% YoY	$909.0K -15.16% YoY	$1.017M N/A	$1.132M N/A	$1.067M N/A	$1.071M N/A	$0.00 N/A	N/A
Total Long-Term Liabilities	$2.285B -2.68% YoY	$3.288B 27.93% YoY	$3.519B 429.36% YoY	$2.484B 561.95% YoY	$2.347B 473.99% YoY	$2.570B 653.07% YoY	$664.8M 104.13% YoY	$375.3M -48.92% YoY	$409.0M -44.3% YoY	$341.3M -56.42% YoY	$325.7M -59.55% YoY	$734.7M 0.44% YoY	$734.2M 0.52% YoY	$783.2M 7.52% YoY	$805.1M N/A	$731.4M N/A	$730.4M 730348.27% YoY	$728.4M 728305.92% YoY	$0.00 -100.0% YoY
TOTAL LIABILITIES
Total Short-Term Liabilities	$331.5M -10.02% YoY	$521.9M 448.21% YoY	$459.4M 668.32% YoY	$441.0M 344.53% YoY	$368.4M 417.88% YoY	$95.20M 182.0% YoY	$59.79M 56.63% YoY	$99.21M 250.11% YoY	$71.13M 198.63% YoY	$33.76M 29.28% YoY	$38.17M -16.18% YoY	$28.34M -68.56% YoY	$23.82M 60.78% YoY	$26.11M 89.3% YoY	$45.54M 1060.54% YoY	$90.14M 2595.25% YoY	$14.82M 410.86% YoY	$13.79M 885.31% YoY	$3.924M 256.74% YoY
Total Long-Term Liabilities	$2.285B -2.68% YoY	$3.288B 27.93% YoY	$3.519B 429.36% YoY	$2.484B 561.95% YoY	$2.347B 473.99% YoY	$2.570B 653.07% YoY	$664.8M 104.13% YoY	$375.3M -48.92% YoY	$409.0M -44.3% YoY	$341.3M -56.42% YoY	$325.7M -59.55% YoY	$734.7M 0.44% YoY	$734.2M 0.52% YoY	$783.2M 7.52% YoY	$805.1M N/A	$731.4M N/A	$730.4M 730348.27% YoY	$728.4M 728305.92% YoY	$0.00 -100.0% YoY
Total Liabilities	$2.616B -3.67% YoY	$3.810B 42.94% YoY	$3.978B 449.08% YoY	$2.925B 516.49% YoY	$2.716B 465.67% YoY	$2.665B 610.67% YoY	$724.6M 99.15% YoY	$474.5M -37.81% YoY	$480.1M -36.67% YoY	$375.1M -53.66% YoY	$363.8M -57.23% YoY	$763.0M -10.25% YoY	$758.1M -0.78% YoY	$809.3M 5.76% YoY	$850.7M 21577.84% YoY	$850.1M 25318.2% YoY	$764.0M 25366.23% YoY	$765.2M 50914.74% YoY	$3.924M 227.01% YoY
SHAREHOLDERS EQUITY
Retained Earnings	-$2.597B 364.18% YoY	-$1.338B 4970.17% YoY	$371.8M -167.0% YoY	$248.6M -157.81% YoY	-$559.6M 142.81% YoY	-$26.39M -95.35% YoY	-$554.9M -30.86% YoY	-$430.1M -50.37% YoY	-$230.5M -72.81% YoY	-$567.6M -32.45% YoY	-$802.6M 85.67% YoY	-$866.7M N/A	-$847.6M 418.84% YoY	-$840.3M 452.02% YoY	-$432.3M N/A	N/A	-$163.4M N/A	-$152.2M N/A	N/A
Common Stock	$38.00K 11.76% YoY	$37.00K 8.82% YoY	$37.00K 23.33% YoY	$36.00K 28.57% YoY	$34.00K 25.93% YoY	$34.00K 41.67% YoY	$30.00K 42.86% YoY	$28.00K 64.71% YoY	$27.00K 58.82% YoY	$24.00K 60.0% YoY	$21.00K 79.78% YoY	$17.00K N/A	$17.00K 54.55% YoY	$15.00K 46.01% YoY	$11.68K N/A	N/A	$11.00K N/A	$10.27K N/A	N/A
Preferred Stock	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Treasury Stock (at cost)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Treasury Stock Shares	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Shareholders Equity	$2.232B -40.08% YoY	$3.472B -15.92% YoY	$5.158B 80.64% YoY	$4.792B 81.32% YoY	$3.725B 50.38% YoY	$4.129B 155.52% YoY	$2.856B 179.97% YoY	$2.643B 344.52% YoY	$2.477B 353.75% YoY	$1.616B 318.69% YoY	$1.020B 63.17% YoY	$594.5M -9.85% YoY	$545.9M -29.48% YoY	$385.9M -43.49% YoY	$625.1M -5.35% YoY	$659.4M 13.6% YoY	$774.1M 13.22% YoY	$683.0M 119.13% YoY	$660.4M 1719.33% YoY
Total Liabilities & Shareholders Equity	$4.949B -23.2% YoY	$7.287B 7.14% YoY	$9.153B 155.67% YoY	$7.721B 147.71% YoY	$6.444B 117.94% YoY	$6.801B 241.61% YoY	$3.580B 158.72% YoY	$3.117B 126.99% YoY	$2.957B 126.77% YoY	$1.991B 66.57% YoY	$1.384B -6.23% YoY	$1.373B -9.03% YoY	$1.304B -15.22% YoY	$1.195B -17.47% YoY	$1.476B 122.14% YoY	$1.510B 158.55% YoY	$1.538B 123.98% YoY	$1.448B 362.25% YoY	$664.3M 1671.57% YoY