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NASDAQ · SERVICES-PREPACKAGED SOFTWARE · LARGE CAP

Marqeta, Inc. MQ

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$624.9M
▲ 23.3% YoY
$-13.9M
▼ 151.0% YoY
$160.8M
▲ 188.4% YoY
In brief

What this company does

Marqeta provides a single, global, cloud-based, open API platform for card issuing and transaction processing. Its platform encompasses debit, prepaid, and credit programs, and provides banking and money movement, risk management, and rewards products. Marqeta is certified to operate in more than 40 countries worldwide. In the years ended December 31, 2025, 2024, and 2023, total processing volume on the Marqeta Platform was $382.5 billion, $291.1 billion, and $222.3 billion, respectively. As of December 31, 2025, it had a total of 938 employees and supplemented its workforce with contractors and consultants. Marqeta, Inc. was incorporated in 2010 as a Delaware corporation.

Written from the business description in Marqeta, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 24 February 2026. Every sentence was checked against that document before publication.

Growth
USD 624.9M
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 624.9 · Net income -13.9
250.0M500.0M-80.0M-160.0M2019202020212022202320242025
Compound annual growth
−5.8%
+16.6%
+78.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +16.6% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−2 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -7.4% · Net -2.2%
2%4%-20%-40%2019202020212022202320242025
ROE
FY2025 · ROE -1.5%
-10%-20%2019202020212022202320242025

Each USD of equity lost 2 cents this year.

Cash & shareholders
USD 389.7M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 160.8
80M160M-8M-16M2019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 389.7
200M202020212022202320242025

USD 389.7M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 1.5B
EquityUSD 762.0M
CashUSD 709.4M
Current ratio1.65×

Equity funds 50% of total assets.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B0.60.50.70.70.50.30.1
Operating income $B−0.0−0.0−0.3−0.2−0.2−0.0−0.1
EBITDA $B−0.0−0.0−0.3−0.2−0.2−0.0−0.1
Income tax $B0.00.0−0.0−0.0−0.00.00.0
Net income $B−0.00.0−0.2−0.2−0.2−0.0−0.1
Free cash flow $B0.20.10.0−0.00.10.0−0.0
EPS, diluted $·······
Dividend / sh $·······
Payout %·······
ROE %−1.52.3−16.4−12.1−24.1··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 26 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 69 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Prepackaged Software
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2019

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