Marqeta
MQ
17.06
+0.51
+3.08%
Marqeta
US · MQ
#2873 by market cap
Listed 2021
17.06
+0.51
+3.08%
Live - 5344 symbols - heartbeat 362s ago
· 2026-10-08 08:16
Pre-market
17.30
+1.41%
After-hours
17.04
-0.12%
- Market cap
- 1.78B
- P/E (TTM)i
- 189.56
- P/Bi
- 2.48
- EPSi
- -0.12
- Div yieldi
- 0.00%
- 52W posi
- 30%
Reader sentiment
Are you bullish or bearish on MQ?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.34, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 7 years
Latest year +23.25% YoY
Margins
- Gross margin
- 69.98%
- Operating margin
- -7.43%
- Net margin
- -2.23%
Key ratios & quality
- Altman Z-Scorei
- 1.34
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 143.27M | 290.29M | 517.18M | 748.21M | 676.17M | 507.00M | 624.88M |
| Gross profit | 60.45M | 117.91M | 231.71M | 320.00M | 329.51M | 351.85M | 437.27M |
| Selling & admin expenses | 101.32M | 143.00M | 343.02M | 447.08M | 528.20M | 282.02M | 371.14M |
| Research & development | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | -58.86M | -47.09M | -162.01M | -209.81M | -283.02M | -24.47M | -46.43M |
| Pretax profit | -58.17M | -47.61M | -164.57M | -184.88M | -230.58M | 28.08M | -13.33M |
| Tax | 35.00K | 87.00K | -640.00K | -102.00K | -7.61M | 793.00K | 596.00K |
| Net profit | -58.20M | -47.70M | -163.93M | -184.78M | -222.96M | 27.29M | -13.93M |
| Basic EPS | -1 | 0 | -2 | -1 | -2 | 0 | 0 |
| Diluted EPS | -1.01 | -0.39 | -1.80 | -1.36 | -1.68 | 0.20 | -0.12 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 139.07M | 150.39M | 163.31M | 172.11M | 165.80M | 176.00M |
| Gross profit | 98.68M | 104.06M | 114.56M | 119.98M | 117.59M | 121.87M |
| Selling & admin expenses | 93.13M | 87.18M | 92.34M | 98.48M | 84.99M | 85.65M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | -18.54M | -9.23M | -10.37M | -8.29M | 2.09M | 3.64M |
| Pretax profit | -8.03M | -441.00K | -3.13M | -1.74M | 8.03M | 8.07M |
| Tax | 235.00K | 206.00K | 498.00K | -343.00K | 193.00K | 505.00K |
| Net profit | -8.26M | -647.00K | -3.62M | -1.39M | 7.83M | 7.57M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.08 | -0.01 | -0.04 | 0.00 | 0.08 | 0.07 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Total current assets | 197.21M | 430.91M | 1.80B | 1.75B | 1.39B | 1.25B | 1.24B |
| Cash & ST investments | 155.57M | 370.34M | 1.71B | 1.62B | 1.25B | 1.10B | 771.93M |
| Inventory | -- | 781.00K | 3.94M | 5.15M | 4.31M | 3.68M | 1.95M |
| Total assets | 223.19M | 457.68M | 1.83B | 1.77B | 1.59B | 1.46B | 1.53B |
| Total current liabilities | 64.31M | 141.10M | 237.97M | 282.88M | 336.58M | 370.99M | 749.06M |
| Short-term debt | 2.07M | 2.77M | 3.02M | 3.39M | 11.80M | 12.35M | 10.74M |
| Long-term debt | -- | -- | -- | -- | -- | -- | -- |
| Total liabilities | 85,849,000.00 | 169,516,000.00 | 256,952,000.00 | 297,390,000.00 | 346,296,000.00 | 378,186,000.00 | 763,076,000.00 |
| Total equity | 137.34M | 288.16M | 1.57B | 1.47B | 1.24B | 1.09B | 761.96M |
| Retained earnings | -205.83M | -253.52M | -417.45M | -602.23M | -825.20M | -797.91M | -811.83M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 1.13B | 990.23M | 1.20B | 1.24B | 1.19B | 1.10B |
| Cash & ST investments | 988.44M | 821.59M | 830.46M | 771.93M | 712.06M | 700.90M |
| Inventory | -- | -- | -- | 1.95M | -- | -- |
| Total assets | 1.35B | 1.21B | 1.49B | 1.53B | 1.48B | 1.39B |
| Total current liabilities | 356.97M | 361.30M | 636.77M | 749.06M | 721.14M | 662.30M |
| Short-term debt | 12.09M | 11.48M | 10.79M | 10.74M | 10.28M | 11.30M |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 362,367,000.00 | 371,157,000.00 | 649,201,000.00 | 763,076,000.00 | 734,431,000.00 | 676,669,000.00 |
| Total equity | 987.26M | 843.43M | 839.23M | 761.96M | 742.28M | 715.56M |
| Retained earnings | -806.17M | -806.82M | -810.44M | -811.83M | -804.00M | -796.43M |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -15.43M | 50.27M | 56.97M | -12.97M | 21.10M | 58.17M | 162.62M |
| Depreciation & amortization | 3.08M | 3.50M | 3.53M | 3.85M | 10.74M | 17.46M | 27.16M |
| Free cash flow | -20.34M | 47.90M | 54.23M | -16.89M | 8.45M | 36.96M | 132.36M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 0 | 0 | 1.32B | -78.14M | -190.42M | -154.43M | -391.37M |
| Ending cash balance | 68.14M | 228.23M | 1.26B | 1.19B | 989.47M | 931.52M | 1.02B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 9.99M | 12.55M | 86.77M | 53.32M | -3.37M | 63.18M |
| Depreciation & amortization | 5.33M | 6.65M | 7.02M | 8.16M | 8.85M | 9.70M |
| Free cash flow | 2.66M | 4.67M | 78.50M | 46.52M | -12.44M | 54.61M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -111.31M | -163.92M | -19.56M | -96.58M | -39.21M | -54.67M |
| Ending cash balance | 839.40M | 741.22M | 982.66M | 1.02B | 956.08M | 954.07M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| ROE %i | -- | -- | -24.11 | -12.13 | -16.42 | 2.34 | -1.51 |
| ROA %i | -54.82 | -16.32 | -14.33 | -10.26 | -13.27 | 1.79 | -0.93 |
| ROIC %i | -- | -- | -23.53 | -12.02 | -16.24 | 2.31 | -1.48 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- | -10.36 |
| EBIT margin %i | -41.09 | -16.22 | -31.33 | -28.04 | -41.86 | -4.83 | -7.43 |
| FCF / sales %i | -- | 16.50 | 10.49 | -- | 1.25 | 7.29 | 21.18 |
| Current ratioi | 3.07 | 3.05 | 7.56 | 6.17 | 4.13 | 3.37 | 1.65 |
| Quick ratioi | 2.83 | 2.92 | 7.43 | 6.03 | 4.04 | 3.29 | 1.20 |
| Debt / assetsi | 8.84 | 3.98 | 0.84 | 0.70 | 1.06 | 0.90 | 1.07 |
| LT debt / equityi | -- | -- | 0.79 | 0.61 | 0.41 | 0.08 | 0.73 |
| Interest coveragei | -- | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | 73.50 | 32.56 | -0.66 | -5.83 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -43.91 | -12.00 | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 5.01 | -6.51 | -4.10 | -1.51 | 0.25 | 1.33 |
| ROA %i | 3.79 | -4.79 | -2.71 | -0.93 | 0.15 | 0.80 |
| ROIC %i | 4.95 | -6.42 | -4.04 | -1.48 | 0.25 | 1.31 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 1.30 | -19.42 | -12.84 | -7.43 | -3.96 | -1.91 |
| FCF / sales %i | 8.65 | 5.57 | 18.07 | 21.18 | 18.00 | 24.69 |
| Current ratioi | 3.18 | 2.74 | 1.88 | 1.65 | 1.65 | 1.66 |
| Quick ratioi | 3.07 | 2.65 | 1.46 | 1.20 | 1.21 | 1.21 |
| Debt / assetsi | 0.90 | 1.19 | 1.05 | 1.07 | 1.02 | 1.11 |
| LT debt / equityi | 0.00 | 0.35 | 0.58 | 0.73 | 0.65 | 0.58 |
| Interest coveragei | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Platform services revenue, net is the largest reported line at 93.00% of revenue, across 2 reported segments.
- The next-largest line, Other services revenue, is a distant second at 7.00% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Platform services revenue, net93.00%
Other services revenue7.00%
Quote time 2026-10-08 08:16:06 · For reference only, not investment advice and not tailored to your situation.