Robert Samuels
Vice President, Investor Relations
Replay available
MARA Holdings, Inc. (MARA) Q2 2025 Earnings Call
MARA Holdings, Inc. (NASDAQ: MARA) Q2 2025 earnings conference call, held 2025-07-29. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Salman Khan
Chief Financial Officer
Fred Thiel
Chairman and Chief Executive Officer
Chris Bredder
Analyst, Rosenblatt Securities
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Mara Holdings, Inc..
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:04.798 Greetings and welcome to the MARA Q2 2025 earnings call. 00:00:04.798 -- 00:00:07.762 At this time, all participants are in listen-only mode. 00:00:07.762 -- 00:00:11.206 If anyone should require operator assistance, please press star zero on your telephone 00:00:11.206 -- 00:00:14.411 keypad. As a reminder, this conference is being recorded. 00:00:14.411 -- 00:00:18.857 It's now my pleasure to turn the call over to Robert Samuels, Vice President, Investor 00:00:18.857 -- 00:00:21.978 Relations. Please go ahead. 00:00:22.061 -- 00:00:27.148 Thank you, operator. Good afternoon and welcome to MARA's second quarter 2025 earnings 00:00:27.148 -- 00:00:32.011 call. Thank you for joining us today. With me on today's call are our Chairman and Chief 00:00:32.011 -- 00:00:36.797 Executive Officer, Fred Thiel, and our Chief Financial Officer, Salman Khan. 00:00:36.797 -- 00:00:41.042 Today's call includes forward-looking statements, including those about our growth plans, 00:00:41.042 -- 00:00:45.988 liquidity, and financial performance. These involve risks and uncertainties, and actual 00:00:45.988 -- 00:00:50.714 results made different materially. We disclaim any obligation to update these statements, 00:00:50.714 -- 00:00:55.360 except as required by law. For more details, see the risk factor section of our latest 00:00:55.360 -- 00:01:00.477 10-K and other SEC filings. We'll also reference non-GAAP financial measures like 00:01:00.477 -- 00:01:05.245 adjusted EBITDA and return on capital employed, which we believe are important indicators 00:01:05.245 -- 00:01:09.692 of MARA's operating performance because they exclude certain items that we do not believe 00:01:09.692 -- 00:01:14.640 directly reflect our core operations. Please see our e...