Marqeta, Inc. (MQ) Financial Statements
Industry: Prepackaged Software (Services)
In fiscal 2025, Marqeta reported revenue of $624.9M, up 23.3% from $507.0M the year before. Net income was -$13.9M (a -2.2% net margin), or -$0.12 per diluted share. Gross margin was 70.0% and operating margin was -7.4%. Operating activities generated $162.6M of cash, leaving $160.8M of free cash flow. At fiscal year end, Marqeta held $1.53B in total assets against $763.1M in total liabilities, including $709.4M of cash and equivalents.
Open the full interactive Marqeta financials → Quarterly statements, key ratios, valuation history and price charts.
Marqeta Key Stats
| Share Price | $18.56 |
|---|---|
| Market Cap | $1.98B |
| Revenue YoY Growth | +23.2% |
| 52-Week Range | $15.04 – $20.32 |
| Shares Outstanding | 105.5 million (basic, 2026 Q2) |
Marqeta Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $517.2M | $748.2M | $676.2M | $507.0M | $624.9M |
| Gross Profit | $231.7M | $320.0M | $329.5M | $351.8M | $437.3M |
| Operating Income | -$162.0M | -$209.8M | -$283.0M | -$24.5M | -$46.4M |
| Pre-Tax Income | -$164.6M | -$184.9M | -$230.6M | $28.1M | -$13.3M |
| Income Tax | -$640,000 | -$102,000 | -$7.6M | $793,000 | $596,000 |
| Net Income | -$163.9M | -$184.8M | -$223.0M | $27.3M | -$13.9M |
| Diluted EPS | -$1.81 | -$1.36 | -$1.67 | $0.21 | -$0.12 |
Marqeta Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $163.3M | $172.1M | $165.8M | $176.0M |
| Net Income | -$3.6M | -$1.4M | $7.8M | $7.6M |
| Diluted EPS | -$0.03 | -$0.00 | $0.07 | $0.07 |
Marqeta Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $1.25B | $1.18B | $981.0M | $923.0M | $709.4M |
| Current Assets | $1.80B | $1.75B | $1.39B | $1.25B | $1.24B |
| Total Assets | $1.83B | $1.77B | $1.59B | $1.46B | $1.53B |
| Current Liabilities | $238.0M | $282.9M | $336.6M | $371.0M | $749.1M |
| Total Liabilities | $257.0M | $297.4M | $346.3M | $378.2M | $763.1M |
| Shareholders' Equity | $1.57B | $1.47B | $1.24B | $1.09B | $762.0M |
Marqeta Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | $57.0M | -$13.0M | $21.1M | $58.2M | $162.6M |
| Cash From Investing | -$329.1M | $28.7M | $38.5M | $70.8M | $271.1M |
| Cash From Financing | $1.30B | -$79.5M | -$261.8M | -$186.9M | -$347.3M |
| Free Cash Flow | $54.2M | -$15.3M | $20.3M | $55.8M | $160.8M |
Figures from Marqeta's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Marqeta financials page for every line item.
Marqeta Company Profile
| Ticker | MQ |
|---|---|
| Exchange | Nasdaq |
| Industry | Prepackaged Software (Services) |
| Headquarters | Oakland, California |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001522540 |
Frequently Asked Questions
What was Marqeta's revenue in fiscal 2025?
Marqeta (MQ) reported revenue of $624.9M for fiscal 2025.
What is Marqeta's annual revenue history?
Marqeta's annual revenue by fiscal year: 2021: $517.2M; 2022: $748.2M; 2023: $676.2M; 2024: $507.0M; 2025: $624.9M.
What was Marqeta's net income in fiscal 2025?
Marqeta reported net income of -$13.9M for fiscal 2025.
What was Marqeta's earnings per share (EPS) in fiscal 2025?
Marqeta's diluted EPS was -$0.12 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Marqeta generate in fiscal 2025?
Marqeta generated $160.8M of free cash flow in fiscal 2025.
What was Marqeta's revenue last quarter?
In its most recent reported quarter (2026 Q2), Marqeta reported revenue of $176.0M.
How many shares of Marqeta are outstanding?
Marqeta reported a weighted average of 105.5 million basic shares outstanding in 2026 Q2.
What is Marqeta's market cap?
Based on its latest closing price, Marqeta (MQ) has a market capitalization of about $1.98B.
When does Marqeta's fiscal year end?
Marqeta's fiscal year end, as registered with the SEC, is December 31.
Where is Marqeta headquartered?
Marqeta lists its business address in Oakland, California in its SEC filings.