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Marqeta, Inc. logo

Marqeta, Inc.

MQ

NASDAQTechnologySoftware - Infrastructure

Open in GoAI

Previous close

$16.36

+$0.56 · +3.54%

Aug 21, 4:00 PM ET

MQ company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

45

Fair Value

Momentum

33

Weakening

Sentiment

57

Mixed

Risk resilience

36

High Risk

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Company profile

Company website

Marqeta, Inc. engages in the creation of digital payment technology. The firm develops a modern card issuing platform, providing infrastructure and tools for building configurable payment cards. It provides its customers issuer processor services and also acts as a card program manager. The company was founded by Jason M. Gardner in 2010 and is headquartered in Oakland, CA.

Industry
Software - Infrastructure
Sector
Technology
Headquarters
US
CEO
Michael Milotich
Listed since
Jun 9, 2021
Employees
938

Market position

Day range

Current $16.36

52-week range

Current $16.36

Open
$15.90
Previous close
$15.80
Volume
798.96K
0.71× average
Average volume
1.12M
Average daily volume
Market cap
1.6B USD
Beta
1.29
Market reference 1
50-day average
$16.4351
-0.46% below average
200-day average
$17.1161
-4.42% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.24B USD
P/E (TTM)
166.94×
P/B (TTM)
2,411.28×
P/S (TTM)
2.36×
EV / EBITDA
89.29×
Earnings yield
-0.63%
Free cash flow yield
7.32%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
57.16%
Operating margin
-1.68%
Net margin
1.53%
Return on equity
-1.83%
Return on assets
-0.91%
Return on invested capital
-3.71%

Financial health

Debt / equity
0.01×
Current ratio
1.65×
Altman Z-score
1,910.41
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends81%36%-8%-53%Gross margin, FY2021: 44.80%Gross margin, FY2022: 42.77%Gross margin, FY2023: 48.73%Gross margin, FY2024: 69.40%Gross margin, FY2025: 11.15%Operating margin, FY2021: -31.33%Operating margin, FY2022: -28.04%Operating margin, FY2023: -41.86%Operating margin, FY2024: -4.83%Operating margin, FY2025: -4.67%Net margin, FY2021: -31.70%Net margin, FY2022: -24.70%Net margin, FY2023: -32.97%Net margin, FY2024: 5.38%Net margin, FY2025: -2.23%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 44.80%. Gross margin FY2022 42.77%. Gross margin FY2023 48.73%. Gross margin FY2024 69.40%. Gross margin FY2025 11.15%. Operating margin FY2021 -31.33%. Operating margin FY2022 -28.04%. Operating margin FY2023 -41.86%. Operating margin FY2024 -4.83%. Operating margin FY2025 -4.67%. Net margin FY2021 -31.70%. Net margin FY2022 -24.70%. Net margin FY2023 -32.97%. Net margin FY2024 5.38%. Net margin FY2025 -2.23%.

Income trends

Revenue

624.88M USD+23.25%

Operating income

−29.15M USD-19.16%

Net income

−13.93M USD−41.21M USD
Income trends across reported periods851.33M USD438.84M USD26.35M USD−386.14M USDRevenue, FY2021: 517.18M USDRevenue, FY2022: 748.21M USDRevenue, FY2023: 676.17M USDRevenue, FY2024: 507M USDRevenue, FY2025: 624.88M USDOperating income, FY2021: −162.01M USDOperating income, FY2022: −209.81M USDOperating income, FY2023: −283.02M USDOperating income, FY2024: −24.47M USDOperating income, FY2025: −29.15M USDNet income, FY2021: −163.93M USDNet income, FY2022: −184.78M USDNet income, FY2023: −222.96M USDNet income, FY2024: 27.29M USDNet income, FY2025: −13.93M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 517.18M USD. Revenue FY2022 748.21M USD. Revenue FY2023 676.17M USD. Revenue FY2024 507M USD. Revenue FY2025 624.88M USD. Operating income FY2021 −162.01M USD. Operating income FY2022 −209.81M USD. Operating income FY2023 −283.02M USD. Operating income FY2024 −24.47M USD. Operating income FY2025 −29.15M USD. Net income FY2021 −163.93M USD. Net income FY2022 −184.78M USD. Net income FY2023 −222.96M USD. Net income FY2024 27.29M USD. Net income FY2025 −13.93M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue624.88M USD507M USD676.17M USD748.21M USD517.18M USD
Cost of goods sold555.19M USD155.15M USD346.66M USD428.21M USD285.47M USD
Gross profit69.69M USD351.85M USD329.51M USD320M USD231.71M USD
Selling, general, and administrative98.84M USD282.02M USD528.2M USD447.08M USD343.02M USD
Operating expenses98.84M USD376.32M USD612.53M USD529.81M USD393.71M USD
Depreciation and amortization27.16M USD17.46M USD10.74M USD3.85M USD3.53M USD
Operating income−29.15M USD−24.47M USD−283.02M USD−209.81M USD−162.01M USD
Net income−13.93M USD27.29M USD−222.96M USD−184.78M USD−163.93M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 1 miss, 3 met estimates
Average EPS surprise
+164.63%
11 comparable reports
Latest EPS result
0.07
Estimate 0.01 · Beat by 858.90%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.12-0.01-0.15-0.28Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MetQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual -0.2, estimate -0.24, surprise +16.67%, Beat. Q2 2025, reported May 7, 2025: actual -0.08, estimate -0.2, surprise +60.00%, Beat. Q3 2025, reported Aug 6, 2025: actual -0.006, estimate -0.12, surprise +95.33%, Beat. Q4 2025, reported Nov 5, 2025: actual -0.04, estimate -0.04, surprise 0.00%, Met estimate. Q1 2026, reported Feb 24, 2026: actual -0.013, estimate -0.04, surprise +68.00%, Beat. Q2 2026, reported May 5, 2026: actual 0.08, estimate -0.014, surprise +688.24%, Beat. Q3 2026, reported Aug 4, 2026: actual 0.07, estimate 0.007, surprise +858.90%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.07, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates183.03M163.75M144.46M125.18MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual 135.79M USD, estimate 132.22M USD, surprise +2.70%, Beat. Q2 2025, reported May 7, 2025: actual 139.07M USD, estimate 136.22M USD, surprise +2.09%, Beat. Q3 2025, reported Aug 6, 2025: actual 150.39M USD, estimate 140.36M USD, surprise +7.15%, Beat. Q4 2025, reported Nov 5, 2025: actual 163.31M USD, estimate 148.86M USD, surprise +9.70%, Beat. Q1 2026, reported Feb 24, 2026: actual 172.11M USD, estimate 167.66M USD, surprise +2.66%, Beat. Q2 2026, reported May 5, 2026: actual 165.8M USD, estimate 164.3M USD, surprise +0.91%, Beat. Q3 2026, reported Aug 4, 2026: actual 176M USD, estimate 172.96M USD, surprise +1.76%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 175.34M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$9.25

43.46% downside
Past 12 months12-month forecastHigh $18.00Average $9.25Low $4.75

Rating distribution

22 ratings
Strong buy00%
Buy732%
Hold1359%
Sell29%
Strong sell00%

MQ news

zacks.com

New Strong Buy Stocks for August 13th

PARR, DIOD, HRTG, AERO and MQ have been added to the Zacks Rank #1 (Strong Buy) List on August 13, 2026.

Read source
gurufocus.com

Marqeta Expands Collaboration with Google to Launch New Offering in Wallet for Kids

Marqeta, Inc. (NASDAQ: MQ), the modern card issuing platform, today announced an expansion of its longstanding work with Google to provide a safe, digital-first

Read source
businesswire.com

Marqeta Expands Collaboration with Google to Launch New Offering in Wallet for Kids

OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta, Inc. (NASDAQ: MQ), the modern card issuing platform, today announced an expansion of its longstanding work with Google to provide a safe, digital-first way for kids and teens…

Read source
gurufocus.com

Riskified and Marqeta Partner to Sharpen Card Issuer Authorization Decisions and Help Reduce False Declines

[url="]Riskified[/url] (NYSE: RSKD), a global leader in ecommerce fraud and risk intelligence, today announced a partnership with [url="]Marqeta[/url] (NASDAQ:

Read source
businesswire.com

Riskified and Marqeta Partner to Sharpen Card Issuer Authorization Decisions and Help Reduce False Declines

NEW YORK & OAKLAND, Calif.--(BUSINESS WIRE)--Riskified and Marqeta partner to help card issuers reduce false declines, improve authorization decisions, and approve more legitimate transactions.

Read source
seekingalpha.com

Marqeta, Inc. (MQ) Q2 2026 Earnings Call Transcript

Marqeta, Inc. (MQ) Q2 2026 Earnings Call Transcript

Read source

Corporate actions

Corporate action history

Stock split

Effective Jul 1, 2026

1:4

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ETFs holding MQ

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
51.28M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
37.01M
Weight
0.02%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
35.82M
Weight
0.04%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Morningstar Small-Cap Growth ETF logoVanguard Morningstar Small-Cap Growth ETFVBK
Market value
21.68M
Weight
0.05%
AUM
43.8B USD
Expense ratio
0.05%
Price / 1D
$358.65+0.70%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
18.36M
Weight
0.02%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
12.9M
Weight
0.09%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$387.37+1.24%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
8.52M
Weight
0.05%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%
Schwab U.S. Small-Cap ETF logoSchwab U.S. Small-Cap ETFSCHA
Market value
7.2M
Weight
0.03%
AUM
23.1B USD
Expense ratio
0.03%
Price / 1D
$34.83+0.52%

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