$MQ Market Cap: $1.977 Billion
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Financial Snapshot

Revenue
$507.0M
TTM
Gross Margin
69.36%
TTM
Net Earnings
$27.25M
TTM
Current Assets
$1.249B
Q4 2024
Current Liabilities
$371.0M
Q4 2024
Current Ratio
336.75%
Q4 2024
Total Assets
$1.463B
Q4 2024
Total Liabilities
$378.2M
Q4 2024
Book Value
$1.085B
Q4 2024
Cash
$923.0M
Q4 2024
P/E
72.56
Apr 15, 2025 EST
Free Cash Flow
$42.27M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019
Revenue $507.0M $676.2M $748.2M $517.2M $290.3M $143.3M
YoY Change -25.02% -9.63% 44.67% 78.16% 102.62%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019
Revenue $507.0M $676.2M $748.2M $517.2M $290.3M $143.3M
Cost Of Revenue $155.1M $346.7M $428.2M $285.5M $172.4M $82.81M
Gross Profit $351.8M $329.5M $320.0M $231.7M $117.9M $60.45M
Gross Profit Margin 69.4% 48.73% 42.77% 44.8% 40.62% 42.2%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operating Profits/Loss YoY Change

Operating Earnings to Gross Profit Ratio

Operating Profit Margin

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019
Selling, General & Admin $282.0M $519.5M $447.1M $343.0M $143.0M $101.3M
YoY Change -45.71% 16.2% 30.34% 139.88% 41.13%
% of Gross Profit 80.15% 157.66% 139.71% 148.04% 121.28% 167.61%
Research & Development $60.06M $55.61M $52.36M $33.64M $13.24M $7.796M
YoY Change 8.0% 6.21% 55.66% 154.08% 69.82%
% of Gross Profit 17.07% 16.88% 16.36% 14.52% 11.23% 12.9%
Depreciation & Amortization $17.46M $10.74M $3.900M $3.500M $3.500M $3.100M
YoY Change 62.55% 175.41% 11.43% 0.0% 12.9%
% of Gross Profit 4.96% 3.26% 1.22% 1.51% 2.97% 5.13%
Operating Expenses $376.3M $612.5M $529.8M $393.7M $165.0M $119.3M
YoY Change -38.56% 15.61% 34.57% 138.62% 38.28%
Operating Profit -$24.47M -$283.0M -$209.8M -$162.0M -$47.09M -$58.86M
YoY Change -91.36% 34.89% 29.51% 244.06% -20.01%
Operating Profit To Gross Profit -6.95% -85.89% -65.56% -69.92% -39.94% -97.37%
Operating Profit To Revenue -4.83% -41.86% -28.04% -31.33% -16.22% -41.09%

Interest Expenses

No data

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $52.55M $52.44M $24.93M -$2.563M -$521.0K $698.0K
YoY Change 0.2% 110.38% -1072.53% 391.94% -174.64%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

No data

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019
Pretax Income $28.08M -$230.6M -$184.9M -$164.6M -$47.61M -$58.17M
YoY Change -112.18% 24.71% 12.34% 245.68% -18.15%
Income Tax $793.0K -$7.613M -$102.0K -$640.0K $87.00K $35.00K
% Of Pretax Income 2.82%
Net Earnings $27.30M -$223.0M -$184.8M -$163.9M -$47.70M -$58.20M
YoY Change -112.24% 20.67% 12.73% 243.7% -18.05%
Net Earnings / Revenue 5.38% -32.98% -24.7% -31.7% -16.43% -40.62%
Basic Earnings Per Share
Diluted Earnings Per Share $0.05 -$0.42 -$0.34 -$451.9K -$89.95K -$109.8K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019
Cash & Short-Term Investments $1.102B $1.250B $1.625B $1.700B $370.3M $155.6M
YoY Change -11.78% -23.08% -4.45% 359.17% 138.05%
Cash & Equivalents $923.0M $981.0M $1.184B $1.248B $220.4M $60.34M
Short-Term Investments $179.4M $268.7M $440.9M $452.9M $149.9M $95.23M
Other Short-Term Assets $32.30M $34.27M $45.19M $42.47M $19.26M $17.13M
YoY Change -5.75% -24.15% 6.4% 120.48% 12.41%
Inventory
Prepaid Expenses
Receivables $31.59M $21.00M $16.19M $14.14M $8.420M $3.974M
Other Receivables $82.98M $83.73M $60.69M $41.67M $32.89M $20.53M
Total Short-Term Assets $1.249B $1.389B $1.747B $1.799B $430.9M $197.2M
YoY Change -10.04% -20.5% -2.89% 317.43% 118.51%
Property, Plant & Equipment $40.24M $25.25M $16.45M $20.98M $22.89M $25.77M
YoY Change 59.33% 53.46% -21.58% -8.32% -11.18%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $8.384M
YoY Change -100.0%
Other Assets $9.394M $7.190M $7.122M $2.286M $3.886M $218.0K
YoY Change 30.65% 0.95% 211.55% -41.17% 1682.57%
Total Long-Term Assets $213.9M $201.0M $23.58M $31.65M $26.77M $25.99M
YoY Change 6.43% 752.5% -25.51% 18.22% 3.03%
Total Assets $1.463B $1.590B $1.770B $1.830B $457.7M $223.2M
YoY Change
Accounts Payable $527.0K $1.420M $3.798M $2.693M $2.362M $2.889M
YoY Change -62.89% -62.61% 41.03% 14.01% -18.24%
Accrued Expenses $152.9M $132.9M $119.8M $95.04M $56.56M $30.99M
YoY Change 15.03% 10.89% 26.1% 68.02% 82.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $371.0M $336.6M $282.9M $238.0M $141.1M $64.31M
YoY Change 10.22% 18.98% 18.87% 68.65% 119.4%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $2.517M $569.0K
YoY Change -100.0% 342.36%
Other Long-Term Liabilities $7.201M $9.717M $14.51M $18.98M $25.90M $20.97M
YoY Change -25.89% -33.04% -23.56% -26.71% 23.52%
Total Long-Term Liabilities $7.201M $9.717M $14.51M $18.98M $28.42M $21.54M
YoY Change -25.89% -33.04% -23.56% -33.2% 31.94%
Total Liabilities $378.2M $346.3M $297.4M $257.0M $169.5M $85.85M
YoY Change 9.21% 16.45% 15.74% 51.58% 97.46%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019
Basic Shares Outstanding 511.1M shares 532.5M shares 545.4M shares 362.8M shares 122.9M shares 113.9M shares
Diluted Shares Outstanding 518.8M shares 532.5M shares 545.4M shares 362.8M shares 122.9M shares 113.9M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $1.9769 Billion

About Marqeta Inc

Marqeta, Inc. engages in the creation of a digital payment technology. The company is headquartered in Oakland, California and currently employs 854 full-time employees. The company went IPO on 2021-06-09. The firm provides a single, global, cloud-based, open application programming interface (API) platform for modern card issuing and transaction processing. The company works with companies in a range of different configurations, such as Managed By Marqeta and Powered By Marqeta. With Managed By Marqeta, the Company provides an issuing bank partner to act as the bank identification number; sponsor for the customer’s card program; manages the customer’s card program on behalf of the issuing bank, and provides a full range of services, including configuring many of the critical resources required by a customer’s production environment. With Powered By Marqeta, it provides payment processing, and assists with certain configuration elements that enable the customer to use the platform independently.

Industry: Services-Prepackaged Software Peers: Affirm Holdings Inc Euronet Worldwide Inc Exlservice Holdings Inc Flywire Corp Verra Mobility Corp Maximus Inc Shift4 Payments Inc Visa Inc Western Union Co WEX Inc