Symbols / MQ Stock $4.31 +0.47% Marqeta, Inc.

Technology • Software - Infrastructure • United States • NMS
MQ (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Technology
Industry Software - Infrastructure
CEO Mr. Michael Milotich
Exch · Country NMS · United States
Market Cap 1.83B
Enterprise Value 1.08B
Income -13.93M
Sales 624.88M
FCF (ttm) 138.96M
Book/sh 1.76
Cash/sh 1.81
Employees 938
Insider 10d —
IPO Jun 09, 2021
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E 61.57
PEG 1.50
P/S 2.93
P/B 2.44
P/C —
EV/EBITDA -53.45
EV/Sales 1.73
Quick Ratio 1.20
Current Ratio 1.65
Debt/Eq 1.12
LT Debt/Eq —
EPS (ttm) -0.03
EPS next Y 0.07
EPS Growth —
Revenue Growth 26.70%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-05-05
Earnings (prior) 2026-02-24
ROA -1.73%
ROE -1.51%
ROIC —
Gross Margin 69.98%
Oper. Margin -7.65%
Profit Margin -2.23%
Shs Outstand 392.07M
Shs Float 371.22M
Insider Own 5.81%
Instit Own 85.82%
Short Float 5.23%
Short Ratio 6.03
Short Interest 16.79M
52W High 7.04
vs 52W High -38.78%
52W Low 3.70
vs 52W Low 16.49%
Beta 1.39
Impl. Vol. 77.34%
Rel Volume 0.51
Avg Volume 3.81M
Volume 1.96M
Target (mean) $5.12
Tgt Median $5.00
Tgt Low $4.20
Tgt High $7.00
# Analysts 11
Recom Hold
Prev Close $4.29
Price $4.31
Change 0.47%
About

Marqeta, Inc. operates a cloud-based open API platform for card issuing and transaction processing services in the United States. The company's platform also provides processor services, bank and network management, program management, and value added services; card issuing, such as debit, prepaid, credit, virtual, and physical cards; UI/UX; access to a suite of bank account and money movement features, including savings accounts, demand deposit accounts, direct deposit with early pay, ACH, cash loads, and fee-free ATMs, bill pay, and instant funding capabilities; Marqeta Dashboard, a self-service portal to access and manage all aspects of card program; TransactPay; Marqeta Hub for consumers, buy now, pay later (BNPL) providers, and card issuers; and credit capabilities, as well as Portfolio Migration which simplifies upgrading existing card programs into its platform. It offers its solutions in various verticals, including financial services, on-demand services, lending, expense management, and e-commerce enablement, as well as BNPL providers. Marqeta, Inc. was incorporated in 2010 and is headquartered in Oakland, California.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$5.12
Mean price target
2. Current target
$4.31
Latest analyst target
3. DCF / Fair value
$6.38
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$4.31
Low
$4.20
High
$7.00
Mean
$5.12

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-25 main UBS Neutral → Neutral $4
2026-02-25 main Morgan Stanley Equal-Weight → Equal-Weight $5
2026-01-08 down Mizuho Outperform → Neutral $5
2026-01-08 down Wolfe Research Outperform → Peer Perform —
2026-01-02 main Keefe, Bruyette & Woods Market Perform → Market Perform $6
2025-11-06 main UBS Neutral → Neutral $5
2025-10-22 init Citigroup — → Neutral $5
2025-10-13 down Goldman Sachs Neutral → Sell $5
2025-10-01 main Keefe, Bruyette & Woods Market Perform → Market Perform $6
2025-08-07 main JP Morgan Overweight → Overweight $8
2025-08-07 main Goldman Sachs Neutral → Neutral $8
2025-08-07 main UBS Neutral → Neutral $6
2025-07-09 main Keefe, Bruyette & Woods Market Perform → Market Perform $7
2025-05-19 up JP Morgan Neutral → Overweight $6
2025-05-12 main Barclays Equal-Weight → Equal-Weight $5
2025-05-08 main UBS Neutral → Neutral $5
2025-05-08 main Keefe, Bruyette & Woods Market Perform → Market Perform $5
2025-04-02 main Goldman Sachs Neutral → Neutral $4
2025-02-27 main Goldman Sachs Neutral → Neutral $5
2025-01-16 main Wells Fargo Equal-Weight → Equal-Weight $4
News
RSS: Latest MQ news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-21 PAUL ELAINE Director — 17,452 $4.47 $78,023
2026-04-20 ATKINSON NAJUMA Director — 9,259 $4.44 $41,122
2026-04-17 THOMAS WENDY Director — 34,905 — —
2026-04-17 PAUL ELAINE Director — 34,905 — —
2026-04-17 ATKINSON NAJUMA Director — 30,863 — —
2026-04-15 CUMMINGS MARTHA ANN Director — 2,853 $4.12 $11,751
2026-04-15 SUMNER CRYSTAL Officer — 5,056 $4.12 $20,816
2026-03-16 CUMMINGS MARTHA ANN Director — 2,853 $3.98 $11,357
2026-03-16 SUMNER CRYSTAL Officer — 5,055 $3.98 $20,126
2026-03-09 SUMNER CRYSTAL Officer — 254,958 — —
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
624.88
+23.25%
507.00
-25.02%
676.17
-9.63%
748.21
Operating Revenue
594.14
+23.35%
481.67
-26.41%
654.55
-9.80%
725.63
Cost Of Revenue
187.61
+20.93%
155.15
-55.25%
346.66
-19.04%
428.20
Reconciled Cost Of Revenue
187.61
+20.93%
155.15
-55.25%
346.66
-19.04%
428.20
Gross Profit
437.27
+24.28%
351.85
+6.78%
329.51
+2.97%
320.00
Operating Expense
483.70
+28.54%
376.31
-38.56%
612.53
+15.61%
529.81
Selling General And Administration
371.14
+31.60%
282.02
-46.61%
528.20
+18.14%
447.08
Selling And Marketing Expense
5.07
+69.89%
2.99
+16.37%
2.57
-35.77%
4.00
General And Administrative Expense
366.06
+31.19%
279.03
-46.92%
525.63
+18.63%
443.09
Salaries And Wages
340.42
+34.56%
252.98
-49.36%
499.60
+20.36%
415.09
Other Gand A
21.88
+9.08%
20.06
-7.48%
21.68
-7.67%
23.48
Other Operating Expenses
85.40
+11.14%
76.84
+4.42%
73.59
-6.70%
78.87
Total Expenses
671.31
+26.31%
531.46
-44.59%
959.19
+0.12%
958.01
Operating Income
-46.43
-89.77%
-24.47
+91.36%
-283.01
-34.89%
-209.81
Total Operating Income As Reported
-46.43
-89.77%
-24.47
+91.36%
-283.01
-34.89%
-209.81
EBITDA
-19.27
-175.01%
-7.01
+97.43%
-272.27
-32.20%
-205.96
Normalized EBITDA
-19.27
-175.01%
-7.01
+97.43%
-272.27
-32.20%
-205.96
Reconciled Depreciation
27.16
+55.57%
17.46
+62.55%
10.74
+178.77%
3.85
EBIT
-46.43
-89.77%
-24.47
+91.36%
-283.01
-34.89%
-209.81
Net Income
-13.93
-151.03%
27.29
+112.24%
-222.96
-20.66%
-184.78
Pretax Income
-13.33
-147.47%
28.08
+112.18%
-230.57
-24.71%
-184.88
Other Income Expense
33.10
-37.01%
52.55
+0.20%
52.44
+110.38%
24.93
Other Non Operating Income Expenses
33.10
-37.01%
52.55
+0.20%
52.44
+110.38%
24.93
Tax Provision
0.60
-24.84%
0.79
+110.42%
-7.61
-7363.73%
-0.10
Tax Rate For Calcs
0.00
+650.00%
0.00
-15.15%
0.00
+3200.00%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-13.93
-151.03%
27.29
+112.24%
-222.96
-20.66%
-184.78
Net Income From Continuing Operation Net Minority Interest
-13.93
-151.03%
27.29
+112.24%
-222.96
-20.66%
-184.78
Net Income From Continuing And Discontinued Operation
-13.93
-151.03%
27.29
+112.24%
-222.96
-20.66%
-184.78
Net Income Continuous Operations
-13.93
-151.03%
27.29
+112.24%
-222.96
-20.66%
-184.78
Normalized Income
-13.93
-151.03%
27.29
+112.24%
-222.96
-20.66%
-184.78
Net Income Common Stockholders
-13.93
-151.03%
27.29
+112.24%
-222.96
-20.66%
-184.78
Diluted EPS
—
0.05
+111.90%
-0.42
-23.53%
-0.34
Basic EPS
—
0.05
+111.90%
-0.42
-23.53%
-0.34
Basic Average Shares
—
511.06
-4.03%
532.54
-2.36%
545.40
Diluted Average Shares
—
518.85
-2.57%
532.54
-2.36%
545.40
Diluted NI Availto Com Stockholders
-13.93
-151.03%
27.29
+112.24%
-222.96
-20.66%
-184.78
Depreciation Amortization Depletion Income Statement
27.16
+55.57%
17.46
+62.55%
10.74
+178.77%
3.85
Depreciation And Amortization In Income Statement
27.16
+55.57%
17.46
+62.55%
10.74
+178.77%
3.85
Rent And Landing Fees
3.77
-37.18%
6.00
+37.47%
4.36
-3.39%
4.51
Rent Expense Supplemental
3.77
-37.18%
6.00
+37.47%
4.36
-3.39%
4.51
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
1,525.03
+4.23%
1,463.20
-7.96%
1,589.69
-10.20%
1,770.35
Current Assets
1,235.32
-1.12%
1,249.30
-10.04%
1,388.70
-20.50%
1,746.77
Cash Cash Equivalents And Short Term Investments
771.93
-29.98%
1,102.42
-11.78%
1,249.70
-23.08%
1,624.70
Cash And Cash Equivalents
709.44
-23.14%
923.02
-5.91%
980.97
-17.14%
1,183.85
Other Short Term Investments
62.48
-65.17%
179.41
-33.24%
268.72
-39.05%
440.86
Receivables
125.93
+6.19%
118.59
+8.61%
109.19
+35.03%
80.86
Accounts Receivable
41.42
+38.13%
29.99
+53.47%
19.54
+25.51%
15.57
Gross Accounts Receivable
44.32
+36.85%
32.39
+52.49%
21.24
+33.85%
15.87
Allowance For Doubtful Accounts Receivable
-2.90
-20.83%
-2.40
-41.18%
-1.70
-466.67%
-0.30
Other Receivables
83.12
-1.73%
84.58
-0.71%
85.19
+38.95%
61.31
Accrued Interest Receivable
1.39
-65.48%
4.02
-9.85%
4.46
+11.90%
3.98
Inventory
1.95
-46.98%
3.68
-14.69%
4.31
-16.33%
5.15
Prepaid Assets
14.21
+7.42%
13.23
-11.61%
14.96
-30.02%
21.38
Restricted Cash
307.59
+3518.74%
8.50
+0.00%
8.50
+8.97%
7.80
Other Current Assets
13.71
+376.15%
2.88
+40.97%
2.04
-70.27%
6.87
Total Non Current Assets
289.72
+35.44%
213.91
+6.43%
200.99
+752.50%
23.58
Net PPE
68.19
+69.47%
40.23
+59.33%
25.25
+53.46%
16.45
Gross PPE
116.50
+66.28%
70.06
+54.31%
45.40
+42.49%
31.86
Accumulated Depreciation
-48.31
-61.97%
-29.83
-48.01%
-20.15
-30.78%
-15.41
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
98.56
+66.37%
59.24
+92.30%
30.81
+109.01%
14.74
Other Properties
8.28
+205.13%
2.71
-58.20%
6.49
-28.03%
9.02
Leases
9.67
+19.19%
8.11
+0.00%
8.11
+0.00%
8.11
Goodwill And Other Intangible Assets
206.09
+34.44%
153.30
-3.68%
159.15
0.00
Goodwill
154.71
+25.24%
123.52
+0.00%
123.52
0.00
Other Intangible Assets
51.39
+72.59%
29.77
-16.44%
35.63
—
Investments And Advances
—
—
—
0.00
Long Term Equity Investment
—
—
—
0.00
Non Current Accounts Receivable
6.69
-39.09%
10.98
+16.86%
9.40
+610.28%
1.32
Non Current Deferred Assets
0.54
+36.87%
0.40
-20.00%
0.49
-58.99%
1.21
Non Current Deferred Taxes Assets
0.54
+36.87%
0.40
-20.00%
0.49
-58.99%
1.21
Other Non Current Assets
8.21
-8.77%
9.00
+34.40%
6.70
+45.80%
4.59
Total Liabilities Net Minority Interest
763.08
+101.77%
378.19
+9.21%
346.30
+16.45%
297.39
Current Liabilities
749.06
+101.91%
370.99
+10.22%
336.58
+18.98%
282.88
Payables And Accrued Expenses
672.82
+126.21%
297.43
+11.35%
267.10
+22.15%
218.68
Payables
542.23
+171.99%
199.36
+10.76%
179.99
+19.23%
150.97
Accounts Payable
226.37
+16.73%
193.93
+10.77%
175.06
+19.91%
145.99
Other Payable
306.89
—
—
—
Current Accrued Expenses
130.59
+33.16%
98.07
+12.58%
87.11
+28.66%
67.70
Pensionand Other Post Retirement Benefit Plans Current
47.70
+4.26%
45.75
+8.69%
42.09
+2.00%
41.27
Total Tax Payable
8.97
+65.00%
5.43
+10.25%
4.93
-0.98%
4.98
Current Debt And Capital Lease Obligation
10.74
-13.00%
12.35
+4.64%
11.80
+247.67%
3.39
Current Debt
7.72
+0.00%
7.72
-2.17%
7.89
—
Current Capital Lease Obligation
3.02
-34.69%
4.63
+18.40%
3.91
+15.14%
3.39
Current Deferred Liabilities
11.76
-13.47%
13.59
+14.91%
11.83
-30.61%
17.05
Current Deferred Revenue
11.76
-13.47%
13.59
+14.91%
11.83
-30.61%
17.05
Other Current Liabilities
6.03
—
—
—
Total Non Current Liabilities Net Minority Interest
14.02
+94.68%
7.20
-25.89%
9.72
-33.04%
14.51
Long Term Debt And Capital Lease Obligation
5.54
+536.21%
0.87
-83.03%
5.13
-43.26%
9.03
Long Term Capital Lease Obligation
5.54
+536.21%
0.87
-83.03%
5.13
-43.26%
9.03
Non Current Deferred Liabilities
2.64
-44.76%
4.78
+17.39%
4.07
-3.12%
4.20
Non Current Deferred Revenue
2.64
-44.76%
4.78
+17.39%
4.07
-3.12%
4.20
Other Non Current Liabilities
5.84
+276.55%
1.55
+198.46%
0.52
-59.22%
1.27
Stockholders Equity
761.96
-29.77%
1,085.02
-12.74%
1,243.39
-15.59%
1,472.96
Common Stock Equity
761.96
-29.77%
1,085.02
-12.74%
1,243.39
-15.59%
1,472.96
Capital Stock
0.04
-14.00%
0.05
-3.85%
0.05
-1.89%
0.05
Common Stock
0.04
-14.00%
0.05
-3.85%
0.05
-1.89%
0.05
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
432.26
-14.29%
504.30
-3.08%
520.34
-3.88%
541.36
Ordinary Shares Number
432.26
-14.29%
504.30
-3.08%
520.34
-3.88%
541.36
Additional Paid In Capital
1,572.24
-16.51%
1,883.19
-8.93%
2,067.78
-0.70%
2,082.37
Retained Earnings
-811.83
-1.75%
-797.91
+3.31%
-825.20
-37.02%
-602.23
Gains Losses Not Affecting Retained Earnings
1.51
+580.57%
-0.31
-141.21%
0.76
+110.53%
-7.24
Other Equity Adjustments
1.51
+580.57%
-0.31
-141.21%
0.76
+110.53%
-7.24
Total Equity Gross Minority Interest
761.96
-29.77%
1,085.02
-12.74%
1,243.39
-15.59%
1,472.96
Total Capitalization
761.96
-29.77%
1,085.02
-12.74%
1,243.39
-15.59%
1,472.96
Working Capital
486.26
-44.64%
878.31
-16.52%
1,052.12
-28.13%
1,463.89
Invested Capital
769.68
-29.56%
1,092.74
-12.67%
1,251.29
-15.05%
1,472.96
Total Debt
16.28
+23.15%
13.22
-21.91%
16.93
+36.19%
12.43
Capital Lease Obligations
8.56
+55.67%
5.50
-39.15%
9.03
-27.31%
12.43
Net Tangible Assets
555.86
-40.34%
931.72
-14.07%
1,084.24
-26.39%
1,472.96
Tangible Book Value
555.86
-40.34%
931.72
-14.07%
1,084.24
-26.39%
1,472.96
Current Provisions
—
1.86
-50.40%
3.75
+50.52%
2.49
Derivative Product Liabilities
—
—
—
—
Line Of Credit
7.72
+0.00%
7.72
-2.17%
7.89
0.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
162.62
+179.57%
58.17
+175.63%
21.10
+262.76%
-12.97
Cash Flow From Continuing Operating Activities
162.62
+179.57%
58.17
+175.63%
21.10
+262.76%
-12.97
Net Income From Continuing Operations
-13.93
-151.03%
27.29
+112.24%
-222.96
-20.66%
-184.78
Depreciation Amortization Depletion
27.16
+55.57%
17.46
+62.55%
10.74
+178.77%
3.85
Depreciation And Amortization
27.16
+55.57%
17.46
+62.55%
10.74
+178.77%
3.85
Other Non Cash Items
2.82
-17.55%
3.42
+4.96%
3.26
+11.37%
2.93
Pension And Employee Benefit Expense
0.00
+100.00%
-144.62
-268.86%
85.64
+60.94%
53.21
Stock Based Compensation
104.79
-23.27%
136.56
+7.09%
127.53
+18.60%
107.53
Provisionand Write Offof Assets
—
—
—
—
Asset Impairment Charge
—
0.00
0.00
-100.00%
11.62
Operating Gains Losses
—
-144.62
-268.86%
85.64
+142.45%
35.33
Change In Working Capital
42.53
+99.80%
21.29
-0.48%
21.39
+107.97%
10.28
Change In Receivables
-4.98
+52.34%
-10.45
+62.12%
-27.60
-27.75%
-21.60
Changes In Account Receivables
-8.86
+20.87%
-11.20
-145.87%
-4.56
-76.79%
-2.58
Change In Prepaid Assets
-2.09
-552.81%
0.46
-94.15%
7.90
+191.64%
-8.62
Change In Payables And Accrued Expense
53.76
+55.74%
34.52
-22.40%
44.48
+2.19%
43.53
Change In Accrued Expense
22.71
+50.28%
15.11
+0.86%
14.98
-32.68%
22.26
Change In Payable
31.05
+60.00%
19.40
-34.21%
29.50
+38.68%
21.27
Change In Account Payable
-0.08
+76.86%
-0.35
+82.11%
-1.96
-870.08%
0.25
Change In Other Current Liabilities
-4.16
-28.20%
-3.24
+4.51%
-3.39
-12.38%
-3.02
Investing Cash Flow
271.11
+282.99%
70.79
+83.79%
38.52
+34.12%
28.72
Cash Flow From Continuing Investing Activities
271.11
+282.99%
70.79
+83.79%
38.52
+34.12%
28.72
Net PPE Purchase And Sale
-1.83
+24.11%
-2.42
-217.32%
-0.76
+67.14%
-2.32
Purchase Of PPE
-1.83
+24.11%
-2.42
-217.32%
-0.76
+67.14%
-2.32
Capital Expenditure
-30.26
-42.66%
-21.21
-67.67%
-12.65
-222.81%
-3.92
Capital Expenditure Reported
-28.43
-51.25%
-18.79
-58.08%
-11.89
0.00
Net Investment Purchase And Sale
117.38
+27.59%
92.00
-50.79%
186.94
+2607.37%
6.91
Purchase Of Investment
-3.50
0.00
+100.00%
-892.52
-1166.08%
-70.50
Sale Of Investment
120.89
+31.40%
92.00
-91.48%
1,079.47
+1294.66%
77.40
Net Business Purchase And Sale
-45.66
0.00
+100.00%
-135.78
-627.66%
25.73
Purchase Of Business
-45.66
0.00
+100.00%
-135.78
0.00
Gain Loss On Sale Of Business
—
0.00
0.00
+100.00%
-17.89
Net Intangibles Purchase And Sale
—
0.00
0.00
+100.00%
-1.60
Purchase Of Intangibles
—
0.00
0.00
+100.00%
-1.60
Net Other Investing Changes
229.65
—
—
—
Financing Cash Flow
-347.32
-85.82%
-186.91
+28.60%
-261.79
-229.35%
-79.49
Cash Flow From Continuing Financing Activities
-347.32
-85.82%
-186.91
+28.60%
-261.79
-229.35%
-79.49
Net Issuance Payments Of Debt
—
—
—
—
Repayment Of Debt
—
—
—
—
Long Term Debt Payments
—
—
—
—
Net Long Term Debt Issuance
—
—
—
—
Net Common Stock Issuance
-391.37
-153.43%
-154.43
+18.90%
-190.42
-143.70%
-78.14
Common Stock Payments
-391.37
-153.43%
-154.43
+18.90%
-190.42
-143.70%
-78.14
Repurchase Of Capital Stock
-391.37
-153.43%
-154.43
+18.90%
-190.42
-143.70%
-78.14
Proceeds From Stock Option Exercised
3.76
+28.99%
2.92
-65.07%
8.36
-40.37%
14.01
Net Other Financing Charges
40.28
+213.77%
-35.41
+55.59%
-79.73
-419.00%
-15.36
Changes In Cash
86.42
+249.10%
-57.96
+71.33%
-202.17
-217.21%
-63.73
Beginning Cash Position
931.52
-5.86%
989.47
-16.97%
1,191.65
-5.08%
1,255.38
End Cash Position
1,017.93
+9.28%
931.52
-5.86%
989.47
-16.97%
1,191.65
Free Cash Flow
132.36
+258.14%
36.96
+337.22%
8.45
+150.06%
-16.89
Interest Paid Supplemental Data
—
0.00
0.00
0.00
Income Tax Paid Supplemental Data
—
0.40
-7.91%
0.43
+411.90%
0.08
Amortization Of Securities
-0.76
+76.64%
-3.23
+28.10%
-4.50
-1722.74%
0.28
Common Stock Issuance
—
—
0.00
0.00
Issuance Of Capital Stock
—
—
0.00
0.00
Net Preferred Stock Issuance
—
—
—
0.00
Preferred Stock Issuance
—
—
—
0.00
Sale Of Business
—
0.00
0.00
-100.00%
25.73
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category