Marqeta, Inc. (MQ)

Marqeta Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	624.88	507	676.17	748.21	517.18
Revenue Growth (YoY)	23.25%	-25.02%	-9.63%	44.67%	78.16%
Cost of Revenue	187.61	155.15	346.66	428.21	285.47
Gross Profit	437.27	351.85	329.51	320	231.71
Selling, General & Admin	436.14	342.08	583.81	499.44	376.66
Depreciation & Amortization Expenses	27.16	17.46	10.74	3.85	3.53
Other Operating Expenses	20.4	16.78	17.98	26.51	13.52
Total Operating Expenses	483.7	376.32	612.53	529.81	393.71
Operating Income	-46.43	-24.47	-283.02	-209.81	-162.01
Total Non-Operating Income (Expense)	33.1	52.55	52.44	24.93	-2.56
Pretax Income	-13.33	28.08	-230.58	-184.88	-164.57
Provision for Income Taxes	0.6	0.79	-7.61	-0.1	-0.64
Net Income	-13.93	27.29	-222.96	-184.78	-163.93
Net Income to Common	-13.93	27.29	-222.96	-184.78	-163.93
Shares Outstanding (Basic)	462	511	533	545	363
Shares Outstanding (Diluted)	462	519	533	545	363
Shares Change (YoY)	-10.92%	-2.57%	-2.36%	50.35%	195.09%
EPS (Basic)	-0.03	0.05	-0.42	-0.34	-0.45
EPS (Diluted)	-0.03	0.05	-0.42	-0.34	-0.45
Shares Outstanding	432.26	504.3	520.34	541.36	541.38
Free Cash Flow	160.79	55.75	20.34	-15.29	54.23
Free Cash Flow Growth	188.40%	174.07%	-	-	13.22%
Free Cash Flow Per Share	0.35	0.11	0.04	-0.03	0.15
Gross Margin	69.98%	69.40%	48.73%	42.77%	44.80%
Operating Margin	-7.43%	-4.83%	-41.86%	-28.04%	-31.33%
Profit Margin	-2.23%	5.38%	-32.97%	-24.70%	-31.70%
FCF Margin	25.73%	11.00%	3.01%	-2.04%	10.49%
EBITDA	-19.27	-7.01	-272.27	-205.96	-158.47
EBITDA Margin	-3.08%	-1.38%	-40.27%	-27.53%	-30.64%
EBIT	-46.43	-24.47	-283.02	-209.81	-162.01
EBIT Margin	-7.43%	-4.83%	-41.86%	-28.04%	-31.33%
Effective Tax Rate	-4.47%	2.82%	3.30%	0.06%	0.39%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q