Marqeta, Inc.MQNASDAQ

Revenue (LTM)

$625M

+23.3% YoY

Net Income (LTM)

$-14M

-151.0% YoY

Free Cash Flow

$161M

Revenue CAGR (5Y)

+16.6%

—Marginsstable

FCF$0.2B

Now unprofitable

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Revenue	517	748↑44.7%	676↓9.6%	507↓25.0%	625↑23.3%
Gross Profit	232	320↑38.1%	330↑3.0%	352↑6.8%	70↓80.2%
Operating Income	-162	-210↓29.5%	-283↓34.9%	-24↑91.4%	-29↓19.2%
Net Income	-164	-185↓12.7%	-223↓20.7%	27↑112.2%	-14↓151.0%
EBITDA	-158	-206↓30.0%	-272↓32.2%	-7↑97.4%	14↑297.5%
EPS Diluted	-0.30	-0.34↓13.3%	-0.42↓23.5%	0.05↑112.5%	-0.03↓157.0%

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Cash & Equivalents	1,248	1,184↓5.1%	981↓17.1%	923↓5.9%	982↑6.4%
Total Current Assets	1,799	1,747↓2.9%	1,389↓20.5%	1,249↓10.0%	1,235↓1.1%
Total Assets	1,830	1,770↓3.3%	1,590↓10.2%	1,463↓8.0%	1,525↑4.2%
Total Current Liabilities	238	283↑18.9%	337↑19.0%	371↑10.2%	749↑101.9%
Total Liabilities	257	297↑15.7%	346↑16.4%	378↑9.2%	763↑101.8%
Total Equity	1,573	1,473↓6.4%	1,243↓15.6%	1,085↓12.7%	762↓29.8%
Total Debt	15	12↓19.5%	17↑36.2%	13↓21.9%	22↑65.0%
Net Debt	-1,232	-1,171↑4.9%	-964↑17.7%	-910↑5.6%	-960↓5.5%

Metric	Dec 21	Dec 22	Dec 23	Dec 24	Dec 25
Operating Cash Flow	57	-13↓122.8%	21↑262.8%	58↑175.6%	163↑179.6%
Capital Expenditure	-3	-4↓42.9%	-13↓222.8%	-2↑80.9%	-2↑24.1%
Free Cash Flow	54	-17↓131.1%	8↑150.1%	56↑559.6%	161↑188.4%
Stock-Based Comp	143	108↓24.6%	181↑68.1%	-8↓104.5%	105↑1400.9%
Net Change in Cash	1,027	-64↓106.2%	-202↓217.2%	-58↑71.3%	86↑249.1%

Values in millions except EPS · Ratios shown as percentages · Click any metric to drill down

Explore More

Filter and sort all 500 stocks

Today's biggest gainers and losers

Visual sector performance