Marqeta Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019
Revenue	507	676.17	748.21	517.18	290.29	Upgrade
Revenue Growth (YoY)	-25.02%	-9.63%	44.67%	78.16%	102.62%	Upgrade
Cost of Revenue	155.15	346.66	428.21	285.47	172.39	Upgrade
Gross Profit	351.85	329.51	320	231.71	117.91	Upgrade
Selling, General & Admin	282.02	528.2	447.08	343.02	143	Upgrade
Research & Development	60.06	55.61	52.36	33.64	13.24	Upgrade
Other Operating Expenses	16.78	17.98	26.51	13.52	5.26	Upgrade
Operating Expenses	376.32	612.53	529.81	393.71	164.99	Upgrade
Operating Income	-24.47	-283.02	-209.81	-162.01	-47.09	Upgrade
Other Non Operating Income (Expenses)	52.55	52.44	7.04	-2.56	-0.52	Upgrade
EBT Excluding Unusual Items	28.08	-230.58	-202.77	-164.57	-47.61	Upgrade
Gain (Loss) on Sale of Investments	-	-	17.89	-	-	Upgrade
Pretax Income	28.08	-230.58	-184.88	-164.57	-47.61	Upgrade
Income Tax Expense	0.79	-7.61	-0.1	-0.64	0.09	Upgrade
Net Income	27.29	-222.96	-184.78	-163.93	-47.7	Upgrade
Net Income to Common	27.29	-222.96	-184.78	-163.93	-47.7	Upgrade
Shares Outstanding (Basic)	511	533	545	363	123	Upgrade
Shares Outstanding (Diluted)	519	533	545	363	123	Upgrade
Shares Change (YoY)	-2.57%	-2.36%	50.35%	195.09%	7.98%	Upgrade
EPS (Basic)	0.05	-0.42	-0.34	-0.45	-0.39	Upgrade
EPS (Diluted)	0.05	-0.42	-0.34	-0.45	-0.39	Upgrade
Free Cash Flow	55.75	20.34	-15.29	54.23	47.9	Upgrade
Free Cash Flow Per Share	0.11	0.04	-0.03	0.15	0.39	Upgrade
Gross Margin	69.40%	48.73%	42.77%	44.80%	40.62%	Upgrade
Operating Margin	-4.83%	-41.86%	-28.04%	-31.32%	-16.22%	Upgrade
Profit Margin	5.38%	-32.97%	-24.70%	-31.70%	-16.43%	Upgrade
Free Cash Flow Margin	11.00%	3.01%	-2.04%	10.49%	16.50%	Upgrade
EBITDA	-7.01	-272.27	-205.96	-158.47	-43.59	Upgrade
EBITDA Margin	-1.38%	-40.27%	-27.53%	-30.64%	-15.02%	Upgrade
D&A For EBITDA	17.46	10.74	3.85	3.53	3.5	Upgrade
EBIT	-24.47	-283.02	-209.81	-162.01	-47.09	Upgrade
EBIT Margin	-4.83%	-41.85%	-28.04%	-31.32%	-16.22%	Upgrade
Effective Tax Rate	2.82%	-	-	-	-	Upgrade
Advertising Expenses	2.3	1.5	2.2	1.7	1.4	Upgrade

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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