MARA Holdings vs Cipher Mining: Revenue Comparison

MARA Holdings (MARA) and Cipher Mining (CIFR) are peers in Crypto. MARA Holdings reported revenue of $175M as of Q1 2026, compared with $35M for Cipher Mining. MARA Holdings leads on revenue.

MARA Holdings's gross margin is -93.0% versus -105.9% for Cipher Mining. MARA Holdings's net margin is -721.4% versus -328.1% for Cipher Mining.

MARA Holdings logo
MARA Holdings
Cipher Mining logo
Cipher Mining

Revenue Comparison

Chart: Revenue Comparison. Values in USD_BILLIONS. In Q1 2026: MARA Holdings 0.175, Cipher Mining 0.035.

Latest Quarter Comparison

Table: Latest Quarter Comparison. 15 rows across Metric, MARA Holdings, Cipher Mining.
MetricMARA HoldingsCipher Mining
Market Cap--
Revenue$175.00M$35.00M
Cost of Revenue$337.00M$72.00M
Gross Profit$-162.00M$-37.00M
Operating Income$-249.00M$-49.00M
Net Income$-1.26B$-114.00M
R&D Expense$8.00M$0
Earnings Per Share-$3.31-$0.28
Gross Margin-93.0%-105.9%
Operating Margin-142.5%-139.6%
Net Profit Margin-721.4%-328.1%
Free Cash Flow$-327.00M$-285.00M
Cumulative Free Cash Flow$-3.42B$-1.50B
Operating Cash Flow$-247.00M$-54.00M
Cash & Equivalents$526.00M$3.73B

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