Mara Holdings Stock Drops After Q1 Earnings Miss and Deepened Loss
Mara Holdings (MARA) reported first-quarter earnings below expectations on May 12, 2026. The company saw a year-over-year revenue decline to $174.6 million and a significant GAAP net loss of $1.3 billion ($3.31 per share), driven by non-cash write-downs in digital assets. These results contributed to a 5% drop in stock price.
Tickers: $MARA
Topics: cryptocurrency data centers net loss revenue decline