Marqeta, Inc.
MQ Nasdaq· Services-Prepackaged Software
Last close · Oct 26, 2026
$18.33
KIRA · Stoqly’s AI analyst, in plain words
- Marqeta, Inc. had $625M of revenue in fiscal 2025, up 23.3% on the year before. Over five years, revenue changed +16.6% a year on average.
- Its operating margin was −7.4%, down 2.6 pts: of every 100 in sales, about −7 is left after running the business.
- Marqeta, Inc. lost $13.9M in fiscal 2025.
- Free cash flow was $161M in fiscal 2025, 25.7% of revenue.
- Marqeta, Inc. returned $391M to shareholders in fiscal 2025, 243% of free cash flow. The diluted share count fell 10.9%.
Market cap
$2.0B
P/E
—
Revenue
$625M
Net income
−$13.9M
Free cash flow
$161M
Operating margin
−7.4%
Marqeta, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+23.3%
Yes. Sales grew 23.3% last year.
Does it make a profit?
−2.2%
No. It lost money last year.
Does profit turn into cash?
25.7%
Yes. 25.7% of sales ends up as free cash.
How healthy are the accounts?
5 / 8
Mixed. It passes 5 of 8 health tests.
What Marqeta, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 24, 2026
- Legal name
- Marqeta, Inc.
- CIK
- 0001522540
Marqeta, Inc. · MQ
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $517M | $748M | $676M | $507M | $625M |
| Revenue growth | 78.2% | 44.7% | −9.6% | −25.0% | 23.3% |
| Gross margin | 44.8% | 42.8% | 48.7% | 69.4% | 70.0% |
| Operating margin | −31.3% | −28.0% | −41.9% | −4.8% | −7.4% |
| Net income | −$164M | −$185M | −$223M | $27.3M | −$13.9M |
| Net margin | −31.7% | −24.7% | −33.0% | 5.4% | −2.2% |
| Cash | |||||
| Cash from operations | $57.0M | −$13.0M | $21.1M | $58.2M | $163M |
| Capital expenditure | $2.7M | $2.3M | $0.8M | $2.4M | $1.8M |
| Free cash flow | $54.2M | −$15.3M | $20.3M | $55.8M | $161M |
| FCF margin | 10.5% | −2.0% | 3.0% | 11.0% | 25.7% |
| Share buybacks | $0.0M | $78.1M | $190M | $154M | $391M |
| Share count change | 195.1% | 50.3% | −2.4% | −2.6% | −10.9% |
| Debt and strength | |||||
| Cash and short-term investments | $1.7B | $1.6B | $1.2B | $1.1B | $772M |
| Shareholders' equity | $1.6B | $1.5B | $1.2B | $1.1B | $762M |
| Current ratio | 7.6x | 6.2x | 4.1x | 3.4x | 1.6x |
| Returns and quality | |||||
| Return on equity | −24.1% | −12.1% | −16.4% | 2.3% | −1.5% |
| Return on tangible equity | −10.4% | −12.5% | −20.6% | 2.9% | −2.5% |
| Piotroski F-score | 5 | 2 | 5 | 6 | 5 |
| Altman Z'' | 10.7 | 8.7 | 5.2 | 5.1 | 1.2 |
Insiders bought, 12 months
$0.1M
1 insider
Insiders sold, 12 months
$2.4M
6 insiders
Of sales under plans
100%
$2.4M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Marqeta, Inc. · MQ
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $18.33 a share, the company is worth $2.0B.
Source: SEC EDGAR XBRL filings (CIK 0001522540). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.