Marqeta Revenue by Segment

Period Ending	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023
Platform Services	557.44M	523.46M	499.60M	481.67M	468.70M	451.23M	558.16M	654.55M
Platform Services Growth	18.93%	16.01%	-10.49%	-26.41%	-39.80%	-47.54%	-31.51%	-14.51%
Other	31.13M	29.76M	28.50M	25.33M	21.33M	19.72M	18.64M	21.62M
Other Growth	45.92%	50.89%	52.90%	17.17%	-5.62%	-17.22%	-23.86%	-4.25%

Operating Expense Breakdown

Period Ending	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023
Compensation	350.81M	366.90M	388.66M	410.72M	421.44M	436.33M	459.95M	499.60M
Compensation Growth	-16.76%	-15.91%	-15.50%	-17.79%	-15.94%	-11.21%	-0.55%	20.36%
Technology	63.71M	63.09M	61.75M	60.06M	58.14M	55.76M	54.14M	55.61M
Technology Growth	9.58%	13.15%	14.06%	8.00%	3.69%	0.34%	-2.57%	6.21%
Depreciation and Amortization	24.52M	21.95M	19.25M	17.46M	15.10M	13.76M	12.30M	10.74M
Depreciation and Amortization Growth	62.40%	59.53%	56.56%	62.55%	75.58%	114.10%	153.36%	178.77%
Professional Services	22.05M	21.29M	21.88M	20.06M	20.61M	20.05M	20.11M	21.68M
Professional Services Growth	7.00%	6.22%	8.80%	-7.48%	-0.93%	-13.68%	-16.71%	-7.67%
Other Expenses	21.26M	16.75M	16.82M	16.78M	15.24M	14.96M	16.65M	17.98M
Other Expenses Growth	39.50%	11.99%	1.05%	-6.65%	-23.51%	-44.62%	-38.14%	-32.20%
Occupancy	5.34M	5.46M	5.82M	6.00M	4.55M	4.45M	4.30M	4.36M
Occupancy Growth	17.25%	22.68%	35.27%	37.47%	3.20%	-0.31%	-5.53%	-3.39%
Marketing	3.37M	3.06M	3.08M	2.99M	2.91M	2.67M	2.50M	2.57M
Marketing Growth	16.03%	14.56%	22.88%	16.32%	-9.44%	-24.80%	-35.41%	-35.74%

Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.