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Side-by-side financial comparison of ACADIA PHARMACEUTICALS INC (ACAD) and Marqeta, Inc. (MQ). Click either name above to swap in a different company.

ACADIA PHARMACEUTICALS INC is the larger business by last-quarter revenue ($284.0M vs $172.1M, roughly 1.7× Marqeta, Inc.). On growth, Marqeta, Inc. posted the faster year-over-year revenue change (26.7% vs 9.4%). Over the past eight quarters, Marqeta, Inc.'s revenue compounded faster (20.8% CAGR vs 17.5%).

Acadia Pharmaceuticals Inc. is a biopharmaceutical company headquartered in Del Mar, San Diego, California.

Marqeta, Inc. operates a cloud-native open API platform for modern card issuing and digital payment processing. Its solutions empower fintech startups, large retailers, and enterprise clients to launch customized physical and virtual payment cards, as well as embedded finance products across global consumer and commercial markets.

ACAD vs MQ — Head-to-Head

Bigger by revenue
ACAD
ACAD
1.7× larger
ACAD
$284.0M
$172.1M
MQ
Growing faster (revenue YoY)
MQ
MQ
+17.4% gap
MQ
26.7%
9.4%
ACAD
Faster 2-yr revenue CAGR
MQ
MQ
Annualised
MQ
20.8%
17.5%
ACAD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACAD
ACAD
MQ
MQ
Revenue
$284.0M
$172.1M
Net Profit
$273.6M
Gross Margin
90.8%
69.7%
Operating Margin
6.1%
-4.8%
Net Margin
96.3%
Revenue YoY
9.4%
26.7%
Net Profit YoY
90.3%
EPS (diluted)
$1.61

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACAD
ACAD
MQ
MQ
Q4 25
$284.0M
$172.1M
Q3 25
$278.6M
$163.3M
Q2 25
$264.6M
$150.4M
Q1 25
$244.3M
$139.1M
Q4 24
$259.6M
$135.8M
Q3 24
$250.4M
$128.0M
Q2 24
$242.0M
$125.3M
Q1 24
$205.8M
$118.0M
Net Profit
ACAD
ACAD
MQ
MQ
Q4 25
$273.6M
Q3 25
$71.8M
$-3.6M
Q2 25
$26.7M
$-647.0K
Q1 25
$19.0M
$-8.3M
Q4 24
$143.7M
Q3 24
$32.8M
$-28.6M
Q2 24
$33.4M
$119.1M
Q1 24
$16.6M
$-36.1M
Gross Margin
ACAD
ACAD
MQ
MQ
Q4 25
90.8%
69.7%
Q3 25
92.2%
70.1%
Q2 25
92.2%
69.2%
Q1 25
91.7%
71.0%
Q4 24
91.6%
72.3%
Q3 24
92.5%
70.4%
Q2 24
92.5%
63.3%
Q1 24
88.8%
71.3%
Operating Margin
ACAD
ACAD
MQ
MQ
Q4 25
6.1%
-4.8%
Q3 25
12.8%
-6.4%
Q2 25
12.2%
-6.1%
Q1 25
7.9%
-13.3%
Q4 24
59.1%
-27.6%
Q3 24
12.6%
-33.0%
Q2 24
12.6%
83.9%
Q1 24
7.4%
-42.3%
Net Margin
ACAD
ACAD
MQ
MQ
Q4 25
96.3%
Q3 25
25.8%
-2.2%
Q2 25
10.1%
-0.4%
Q1 25
7.8%
-5.9%
Q4 24
55.4%
Q3 24
13.1%
-22.4%
Q2 24
13.8%
95.1%
Q1 24
8.0%
-30.6%
EPS (diluted)
ACAD
ACAD
MQ
MQ
Q4 25
$1.61
Q3 25
$0.42
Q2 25
$0.16
Q1 25
$0.11
Q4 24
$0.86
Q3 24
$0.20
Q2 24
$0.20
Q1 24
$0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACAD
ACAD
MQ
MQ
Cash + ST InvestmentsLiquidity on hand
$177.7M
$709.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
$762.0M
Total Assets
$1.6B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACAD
ACAD
MQ
MQ
Q4 25
$177.7M
$709.4M
Q3 25
$258.0M
$747.2M
Q2 25
$253.6M
$732.7M
Q1 25
$217.7M
$830.9M
Q4 24
$319.6M
$923.0M
Q3 24
$155.1M
$886.4M
Q2 24
$177.1M
$924.7M
Q1 24
$204.7M
$970.4M
Stockholders' Equity
ACAD
ACAD
MQ
MQ
Q4 25
$1.2B
$762.0M
Q3 25
$917.3M
$839.2M
Q2 25
$822.4M
$843.4M
Q1 25
$765.2M
$987.3M
Q4 24
$732.8M
$1.1B
Q3 24
$577.2M
$1.1B
Q2 24
$516.7M
$1.1B
Q1 24
$464.0M
$1.2B
Total Assets
ACAD
ACAD
MQ
MQ
Q4 25
$1.6B
$1.5B
Q3 25
$1.3B
$1.5B
Q2 25
$1.2B
$1.2B
Q1 25
$1.1B
$1.3B
Q4 24
$1.2B
$1.5B
Q3 24
$976.9M
$1.4B
Q2 24
$914.1M
$1.5B
Q1 24
$855.1M
$1.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACAD
ACAD
MQ
MQ
Operating Cash FlowLast quarter
$-48.7M
$53.3M
Free Cash FlowOCF − Capex
$53.2M
FCF MarginFCF / Revenue
30.9%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
-0.18×
TTM Free Cash FlowTrailing 4 quarters
$160.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACAD
ACAD
MQ
MQ
Q4 25
$-48.7M
$53.3M
Q3 25
$74.3M
$86.8M
Q2 25
$64.0M
$12.5M
Q1 25
$20.3M
$10.0M
Q4 24
$40.4M
$24.8M
Q3 24
$63.2M
$7.3M
Q2 24
$25.0M
$25.7M
Q1 24
$29.1M
$426.0K
Free Cash Flow
ACAD
ACAD
MQ
MQ
Q4 25
$53.2M
Q3 25
$73.9M
$86.4M
Q2 25
$12.2M
Q1 25
$8.7M
Q4 24
$24.7M
Q3 24
$63.2M
$7.1M
Q2 24
$24.7M
Q1 24
$-765.0K
FCF Margin
ACAD
ACAD
MQ
MQ
Q4 25
30.9%
Q3 25
26.5%
52.9%
Q2 25
8.1%
Q1 25
6.3%
Q4 24
18.2%
Q3 24
25.2%
5.5%
Q2 24
19.7%
Q1 24
-0.6%
Capex Intensity
ACAD
ACAD
MQ
MQ
Q4 25
0.1%
Q3 25
0.1%
0.2%
Q2 25
0.2%
Q1 25
0.9%
Q4 24
0.0%
Q3 24
0.0%
0.1%
Q2 24
0.8%
Q1 24
1.0%
Cash Conversion
ACAD
ACAD
MQ
MQ
Q4 25
-0.18×
Q3 25
1.03×
Q2 25
2.40×
Q1 25
1.07×
Q4 24
0.28×
Q3 24
1.93×
Q2 24
0.75×
0.22×
Q1 24
1.76×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACAD
ACAD

Nuplazid$174.4M61%
Daybue$109.6M39%

MQ
MQ

Platform Service Revenue Net$163.4M95%
Other Services Revenue$8.8M5%

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