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MARA (MARA Holdings) Cost of Goods Sold : $815.8 Mil (TTM As of Dec. 2024)


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What is MARA Holdings Cost of Goods Sold?

MARA Holdings's cost of goods sold for the three months ended in Dec. 2024 was $267.2 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2024 was $815.8 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. MARA Holdings's Gross Margin % for the three months ended in Dec. 2024 was -24.62%.

Cost of Goods Sold is also directly linked to Inventory Turnover.


MARA Holdings Cost of Goods Sold Historical Data

The historical data trend for MARA Holdings's Cost of Goods Sold can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MARA Holdings Cost of Goods Sold Chart

MARA Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.92 42.40 151.42 402.85 815.75

MARA Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 146.07 168.21 181.70 198.66 267.19

MARA Holdings Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $815.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MARA Holdings  (NAS:MARA) Cost of Goods Sold Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

MARA Holdings's Gross Margin % for the three months ended in Dec. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(214.394 - 267.187) / 214.394
=-24.62 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

MARA Holdings's Inventory Turnover for the three months ended in Dec. 2024 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.


MARA Holdings Cost of Goods Sold Related Terms

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MARA Holdings Business Description

Address
101 NE Third Avenue, Suite 1200, Fort Lauderdale, FL, USA, 33301
MARA Holdings Inc leverages digital asset compute to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value. The company also offers technology solutions to optimize data center operations, including next-generation liquid immersion cooling and firmware for bitcoin miners. It is focused on computing for, acquiring, and holding digital assets as a long-term investment.
Executives
Salman Hassan Khan officer: CFO 25651 BIRCHLEAF CT, VALENCIA CA 91381
Frederick G Thiel director 7555 IRVINE CENTER DRIVE, IRVINE CA 92618
Douglas K Mellinger director PRT GROUP INC, 342 MADISON AVE 11TH FL, NEW YORK NY 10173
Jay P Leupp director 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Said Ouissal director VIOLIN MEMORY, INC., 4555 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Ashu Swami officer: Chief Technical Officer MARATHON DIGITAL,, 101 NE 3RD AVE, STE 1200, FORT LAUDERDALE FL 33301
Kevin A Denuccio director 300 HOLGER WAY, SAN JOSE CA 95134
Merrick D Okamoto director 1180 NORTH TOWN CENTER DRIVE, SUITE 100,, LAS VEGAS NV 89144
Georges Antoun director C/O FIRST SOLAR, INC., 350 WEST WASHINGTON ST., SUITE 600, TEMPE AZ 85281
Sarita M. James director 200 CHAMBERS ST, 22D, NEW YORK NY 10007
Simeon Salzman officer: CHIEF FINANCIAL OFFICER 1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144
Peter Benz director 171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Michael Carroll Berg director 1881 CARIGNAN WAY, YOUNTVILLE CA 94599
James Crawford officer: CHIEF OPERATING OFFICER 4215 324TH AVE. SE, FALL CITY WA 98024
Michael Rudolph director 1325 HOWARD AVE, PMB 422, BURLINGAME CA 94010