Marqeta Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	651.61	624.88	507	676.17	748.21	517.18
Revenue Growth (YoY)	23.39%	23.25%	-25.02%	-9.63%	44.67%	78.16%
Cost of Revenue	195.42	187.61	155.15	346.66	428.21	285.47
Gross Profit	456.19	437.27	351.85	329.51	320	231.71
Selling, General & Admin	431.28	436.14	342.08	583.81	499.44	376.66
Depreciation & Amortization Expenses	30.69	27.16	17.46	10.74	3.85	3.53
Other Operating Expenses	20.02	20.4	16.78	17.98	26.51	13.52
Total Operating Expenses	481.98	483.7	376.32	612.53	529.81	393.71
Operating Income	-25.8	-46.43	-24.47	-283.02	-209.81	-162.01
Total Non-Operating Income (Expense)	28.52	33.1	52.55	52.44	24.93	-2.56
Pretax Income	2.72	-13.33	28.08	-230.58	-184.88	-164.57
Provision for Income Taxes	0.55	0.6	0.79	-7.61	-0.1	-0.64
Net Income	2.17	-13.93	27.29	-222.96	-184.78	-163.93
Net Income to Common	2.17	-13.93	27.29	-222.96	-184.78	-163.93
Net Income Growth	-96.06%	-	-	-	-	-
Shares Outstanding (Basic)	444	462	511	533	545	363
Shares Outstanding (Diluted)	445	462	519	533	545	363
Shares Change (YoY)	-12.47%	-10.92%	-2.57%	-2.36%	50.35%	195.08%
EPS (Basic)	0.01	-0.03	0.05	-0.42	-0.34	-0.45
EPS (Diluted)	0.01	-0.03	0.05	-0.42	-0.34	-0.45
EPS Growth	-90.00%	-	-	-	-	-
Shares Outstanding	425.75	432.26	504.3	520.34	541.36	541.38
Free Cash Flow	147.42	160.79	55.75	20.34	-15.29	54.23
Free Cash Flow Growth	-8.31%	188.40%	174.07%	-	-	13.22%
Free Cash Flow Per Share	0.33	0.35	0.11	0.04	-0.03	0.15
Gross Margin	70.01%	69.98%	69.40%	48.73%	42.77%	44.80%
Operating Margin	-3.96%	-7.43%	-4.83%	-41.86%	-28.04%	-31.33%
Profit Margin	0.33%	-2.23%	5.38%	-32.97%	-24.70%	-31.70%
FCF Margin	22.62%	25.73%	11.00%	3.01%	-2.04%	10.49%
EBITDA	4.89	-19.27	-7.01	-272.27	-205.96	-158.47
EBITDA Margin	0.75%	-3.08%	-1.38%	-40.27%	-27.53%	-30.64%
EBIT	-25.8	-46.43	-24.47	-283.02	-209.81	-162.01
EBIT Margin	-3.96%	-7.43%	-4.83%	-41.86%	-28.04%	-31.33%
Effective Tax Rate	20.35%	-4.47%	2.82%	3.30%	0.06%	0.39%

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q