Marqeta, Inc.MQEarnings & Financial Report
Nasdaq
NextFeb 26, 2026
MQ Q3 2025 Key Financial Metrics
Revenue
$163.3M
Gross Profit
$114.6M
Operating Profit
$-10.4M
Net Profit
$-3.6M
Gross Margin
70.1%
Operating Margin
-6.4%
Net Margin
-2.2%
YoY Growth
27.6%
Financial Flow
Marqeta, Inc. Q3 2025 Financial Summary
Marqeta, Inc. reported revenue of $163.3M for Q3 2025, with a net profit of $-3.6M (-2.2% margin). Cost of goods sold was $48.7M, operating expenses totaled $124.9M.
Key Financial Metrics
| Total Revenue | $163.3M |
|---|---|
| Net Profit | $-3.6M |
| Gross Margin | 70.1% |
| Operating Margin | -6.4% |
| Report Period | Q3 2025 |
Marqeta, Inc. Annual Revenue by Year
Marqeta, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $507.0M).
| Year | Annual Revenue |
|---|---|
| 2024 | $507.0M |
| 2023 | $676.2M |
| 2022 | $748.2M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $118.8M | $118.0M | $125.3M | $128.0M | $135.8M | $139.1M | $150.4M | $163.3M |
| YoY Growth | -41.7% | -45.7% | -45.8% | 17.5% | 14.3% | 17.9% | 20.1% | 27.6% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.59B | $1.56B | $1.49B | $1.44B | $1.46B | $1.35B | $1.21B | $1.49B |
| Liabilities | $346.3M | $347.7M | $345.9M | $340.2M | $378.2M | $362.4M | $371.2M | $649.2M |
| Equity | $1.24B | $1.21B | $1.14B | $1.10B | $1.09B | $987.3M | $843.4M | $839.2M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $16.5M | $426000 | $25.7M | $7.3M | $24.8M | $10.0M | $12.5M | $86.8M |