Marathon Digital Q1 EPS Loss Widens to $0.61 vs $0.46 Estimate
Marathon Digital reported a first-quarter net loss of $0.61 per share, missing the consensus estimate of a $0.46 loss and widening from a $0.40 loss in Q1 2025. The company released preliminary unaudited results and will host a webcast at 5:00 p.m. Eastern Time today to discuss performance.
1. Q1 Financial Results
Marathon Digital posted a net loss of $0.61 per share in the first quarter, exceeding the Zacks consensus loss of $0.46 and widening from a $0.40 per-share loss in Q1 2025. Revenue figures also fell short of analyst expectations, contributing to the EPS shortfall.
2. Preliminary Shareholder Letter
The company filed a preliminary, unaudited Q1 2026 shareholder letter and furnished it on Form 8-K with the SEC. The letter outlines operational highlights, financial metrics and strategic initiatives for the quarter.
3. Earnings Webcast Details
Marathon Digital will host a webcast and conference call today at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to review the Q1 results. Investors can register via the company’s website, with a replay available afterward.