Marqeta, Inc.
Rank #213HypergrowthMQ · Nasdaq · Technology
Marqeta, Inc. (MQ) — Rank #213 by gross profitability (GP/assets 0.31) · ROE -1.9% · Piotroski F-Score 5 / 9.
As-of 2026-09-15 · CIK 0001522540 · all metrics point-in-time as of the filing date.
About
Marqeta, Inc. operates a cloud-based open API platform for card issuing and transaction processing services in the United States.
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The company's platform also provides processor services, bank and network management, program management, and value added services; card issuing, such as debit, prepaid, credit, virtual, and physical cards; UI/UX; access to a suite of bank account and money movement features, including savings accounts, demand deposit accounts, direct deposit with early pay, ACH, cash loads, and fee-free ATMs, bill pay, and instant funding capabilities; Marqeta Dashboard, a self-service portal to access and manage all aspects of card program; TransactPay; Marqeta Hub for consumers, buy now, pay later (BNPL) providers, and card issuers; and credit capabilities, as well as Portfolio Migration which simplifies upgrading existing card programs into its platform. It offers its solutions in various verticals, including financial services, on-demand services, lending, expense management, and e-commerce enablement, as well as BNPL providers. Marqeta, Inc.
was incorporated in 2010 and is headquartered in Oakland, California.
- Industry
- Software - Infrastructure
- Sector
- Technology
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- marqeta.com
Financials
Each fiscal year is read as-of that year’s own 10-K filing, so nothing restated after the fact leaks backwards. Line items this filer never tagged are omitted. Hover or tap a badge for the diagnostic behind it.
| Fiscal year end | 2025-12-31filed 2026-02-24 | 2024-12-31filed 2025-02-26 | 2023-12-31filed 2024-02-28 | 2022-12-31filed 2023-02-28 |
|---|---|---|---|---|
| Revenue | 624.9 | 507.0 | 676.2 | 748.2 |
| Revenue growth (YoY) | 23.3% | -25.0% | -9.6% | 44.7% |
| Cost of revenue | 187.6 | 155.1 | 346.7 | 428.2 |
| Gross profit | 437.3 | 351.8 | 329.5 | 320.0 |
| Gross margin | 70.0% | 69.4% | 48.7% | 42.8% |
| Operating income | (46.4) | (24.5) | (283.0) | (209.8) |
| Operating margin | -7.4% | -4.8% | -41.9% | -28.0% |
| Pre-tax income | (13.3) | 28.1 | (230.6) | (184.9) |
| Income tax expense | 0.6 | 0.8 | (7.6) | (0.1) |
| Net income | (13.9) | 27.3 | (223.0) | (184.8) |
| Net margin | -2.2% | 5.4% | -33.0% | -24.7% |
Figures are as originally filed with the SEC (point-in-time), not restated, so they can differ slightly from sites that show later-restated numbers. Why point-in-time?