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Marqeta Inc (MQ) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · DATA UPDATED 2026-09-14

Marqeta Inc (MQ) operates in the SOFTWARE - INFRASTRUCTURE industry and is headquartered in Oakland, United States with about 938 employees. Its market capitalization is roughly $2 billion. In the fiscal year ended 2025-12-31, MQ reported $625M in revenue and ($14M) in net income.

Marqeta, Inc. operates a cloud-based open API platform for card issuing and transaction processing services in the United States.

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MQ Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Total Revenue$677M$625M$507M$676M$748M$517M$290M$143M
Gross Profit$387M$70M$352M$330M$320M$232M$118M$60M
Gross Margin %57.2%11.2%69.4%48.7%42.8%44.8%40.6%42.2%
Operating Income (EBIT)($11M)($29M)($24M)($283M)($210M)($162M)($47M)($59M)
Operating Margin %-1.7%-4.7%-4.8%-41.9%-28.0%-31.3%-16.2%-41.1%
Net Income$10M($14M)$27M($223M)($185M)($164M)($48M)($58M)
Net Margin %1.5%-2.2%5.4%-33.0%-24.7%-31.7%-16.4%-40.6%
EBITDA$46M$14M$46M($220M)($181M)($161M)($44M)($56M)
Earnings Per Share (EPS)$0.10$-0.12$0.21$-1.67$-1.36$-1.21$-0.36$-0.43
Shares Outstanding (M)107M116M130M133M136M135M134M134M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MQ Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$176M$166M$172M$163M$150M$139M$136M$128M
Gross Profit$122M$31M$120M$115M$104M$99M$98M$90M
Gross Margin %69.2%18.5%69.7%70.2%69.2%71.0%72.3%70.4%
Operating Income (EBIT)$4M$4M($8M)($10M)($9M)($19M)($37M)($42M)
Operating Margin %2.1%2.2%-4.8%-6.3%-6.1%-13.3%-27.6%-33.0%
Net Income$8M$8M($1M)($4M)($1M)($8M)($27M)($29M)
Net Margin %4.3%4.7%-0.8%-2.2%-0.4%-5.9%-20.0%-22.4%
EBITDA$19M$17M$4M$7M$6M($3M)($21M)($24M)
Earnings Per Share (EPS)$0.07$0.07$-0.01$-0.03$-0.01$-0.07$-0.22$-0.23
Shares Outstanding (M)107M108M116M112M115M125M126M127M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MQ Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Cash from Operations (CFO)$200M$163M$58M$21M($13M)$57M$50M($15M)
Capital Expenditures (CapEx)$29M$2M$2M$13M$4M$3M$2M$5M
Free Cash Flow (FCF)$171M$161M$56M$8M($17M)$54M$48M($20M)
FCF Margin %25.2%25.7%11.0%1.2%-2.3%10.5%16.5%-14.2%
Dividends Paid$144M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MQ Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$63M($3M)$53M$87M$13M$10M$25M$7M
Capital Expenditures (CapEx)$0M$1M$20M$8M$8M$7M$4M$4M
Free Cash Flow (FCF)$63M($5M)$34M$79M$5M$3M$21M$3M
FCF Margin %35.8%-2.8%19.7%48.1%3.1%1.9%15.1%2.3%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

MQ Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Total Assets$1M$1.5B$1.5B$1.6B$1.8B$1.8B$458M$223M
Cash & Cash Equivalents$1M$982M$923M$981M$1.2B$1.2B$220M$60M
Total Liabilities$1M$763M$378M$346M$297M$257M$170M$86M
Total Debt (Short + Long-Term)$0M$11M$12M$12M$3M$3M$3M$2M
Total Shareholders' Equity$1M$762M$1.1B$1.2B$1.5B$1.6B$288M$137M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive MQ viewer.

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