MQ
Marqeta Inc
NASDAQ: MQ · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$4.42
+1.61% today
Updated 2026-04-29
Market cap
$1.85B
P/E ratio
—
P/S ratio
2.96x
EPS (TTM)
$-0.03
Dividend yield
—
52W range
$4 – $7
Volume
3.7M
Marqeta Inc (MQ) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $143.27M | $290.29M | $517.17M | $748.21M | $676.17M | $507.00M | $624.88M |
| Revenue growth (YoY) | — | +102.6% | +78.2% | +44.7% | -9.6% | -25.0% | +23.3% |
| Cost of revenue | $82.81M | $172.38M | $285.47M | $428.20M | $346.66M | $155.15M | $555.19M |
| Gross profit | $60.45M | $117.91M | $231.71M | $320.00M | $329.51M | $351.85M | $69.69M |
| Gross margin | 42.2% | 40.6% | 44.8% | 42.8% | 48.7% | 69.4% | 11.2% |
| R&D | $7.80M | $13.24M | $33.64M | $52.36M | $55.61M | — | — |
| SG&A | $99.24M | $141.33M | $340.74M | $443.09M | $525.63M | $279.03M | $98.84M |
| Operating income | $-58.86M | $-47.09M | $-162.01M | $-209.81M | $-283.01M | $-24.47M | $-29.15M |
| Operating margin | -41.1% | -16.2% | -31.3% | -28.0% | -41.9% | -4.8% | -4.7% |
| EBITDA | $-55.78M | $-43.59M | $-158.47M | $-205.96M | $-272.27M | $-7.01M | $13.83M |
| EBITDA margin | -38.9% | -15.0% | -30.6% | -27.5% | -40.3% | -1.4% | 2.2% |
| EBIT | $-58.86M | $-47.09M | $-162.01M | $-209.81M | $-283.01M | $-24.47M | $-13.33M |
| Interest expense | $698000.00 | $521000.00 | $2.56M | $24.93M | — | — | — |
| Income tax | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-58.20M | $-47.70M | $-163.93M | $-184.78M | $-222.96M | $27.29M | $-13.93M |
| Net income growth (YoY) | — | +18.0% | -243.7% | -12.7% | -20.7% | +112.2% | -151.0% |
| Profit margin | -40.6% | -16.4% | -31.7% | -24.7% | -33.0% | 5.4% | -2.2% |