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

Marqeta, Inc. is the larger business by last-quarter revenue ($165.8B vs $85.0B, roughly 2.0× Caterpillar Inc.). On growth, Marqeta, Inc. posted the faster year-over-year revenue change (19.0% vs -17.7%). Over the past eight quarters, Marqeta, Inc.'s revenue compounded faster (3538.0% CAGR vs 125.7%).

Caterpillar Inc. is an American construction, mining, and other engineering equipment manufacturer. The company is the world's largest manufacturer of construction equipment. In 2018, Caterpillar was ranked number 73 on the Fortune 500 list and number 265 on the Global Fortune 500 list. Caterpillar stock is a component of the Dow Jones Industrial Average.

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.

CAT vs MQ — Head-to-Head

Bigger by revenue
MQ
MQ
2.0× larger
MQ
$165.8B
$85.0B
CAT
Growing faster (revenue YoY)
MQ
MQ
+36.7% gap
MQ
19.0%
-17.7%
CAT
Faster 2-yr revenue CAGR
MQ
MQ
Annualised
MQ
3538.0%
125.7%
CAT

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CAT
CAT
MQ
MQ
Revenue
$85.0B
$165.8B
Net Profit
$7.8M
Gross Margin
89.5%
0.1%
Operating Margin
3.0%
99.9%
Net Margin
0.0%
Revenue YoY
-17.7%
19.0%
Net Profit YoY
662.0%
EPS (diluted)
$4.20
$0.02

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
CAT
CAT
MQ
MQ
Q1 26
$85.0B
$165.8B
Q4 25
$19.1B
$172.1M
Q3 25
$17.6B
$163.3M
Q2 25
$16.6B
$150.4M
Q1 25
$14.2B
$139.1M
Q4 24
$16.2B
$135.8M
Q3 24
$16.1B
$128.0M
Q2 24
$16.7B
$125.3M
Net Profit
CAT
CAT
MQ
MQ
Q1 26
$7.8M
Q4 25
$2.4B
Q3 25
$2.3B
$-3.6M
Q2 25
$2.2B
$-647.0K
Q1 25
$2.0B
$-8.3M
Q4 24
$2.8B
Q3 24
$2.5B
$-28.6M
Q2 24
$2.7B
$119.1M
Gross Margin
CAT
CAT
MQ
MQ
Q1 26
89.5%
0.1%
Q4 25
30.5%
69.7%
Q3 25
33.8%
70.1%
Q2 25
34.8%
69.2%
Q1 25
37.1%
71.0%
Q4 24
36.3%
72.3%
Q3 24
37.5%
70.4%
Q2 24
39.2%
63.3%
Operating Margin
CAT
CAT
MQ
MQ
Q1 26
3.0%
99.9%
Q4 25
13.9%
-4.8%
Q3 25
17.3%
-6.4%
Q2 25
17.3%
-6.1%
Q1 25
18.1%
-13.3%
Q4 24
18.0%
-27.6%
Q3 24
19.5%
-33.0%
Q2 24
20.9%
83.9%
Net Margin
CAT
CAT
MQ
MQ
Q1 26
0.0%
Q4 25
12.5%
Q3 25
13.0%
-2.2%
Q2 25
13.2%
-0.4%
Q1 25
14.1%
-5.9%
Q4 24
17.2%
Q3 24
15.3%
-22.4%
Q2 24
16.1%
95.1%
EPS (diluted)
CAT
CAT
MQ
MQ
Q1 26
$4.20
$0.02
Q4 25
$5.11
Q3 25
$4.88
Q2 25
$4.62
Q1 25
$4.20
Q4 24
$5.76
Q3 24
$5.06
Q2 24
$5.48

Balance Sheet & Financial Strength

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

Metric
CAT
CAT
MQ
MQ
Cash + ST InvestmentsLiquidity on hand
$10.0M
$712.1M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$21.3M
$742.3M
Total Assets
$98.6M
$1.5B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAT
CAT
MQ
MQ
Q1 26
$10.0M
$712.1M
Q4 25
$10.0B
$709.4M
Q3 25
$7.5B
$747.2M
Q2 25
$5.4B
$732.7M
Q1 25
$3.6B
$830.9M
Q4 24
$6.9B
$923.0M
Q3 24
$5.6B
$886.4M
Q2 24
$4.3B
$924.7M
Total Debt
CAT
CAT
MQ
MQ
Q1 26
$0
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CAT
CAT
MQ
MQ
Q1 26
$21.3M
$742.3M
Q4 25
$21.3B
$762.0M
Q3 25
$20.7B
$839.2M
Q2 25
$18.7B
$843.4M
Q1 25
$18.1B
$987.3M
Q4 24
$19.5B
$1.1B
Q3 24
$19.4B
$1.1B
Q2 24
$17.1B
$1.1B
Total Assets
CAT
CAT
MQ
MQ
Q1 26
$98.6M
$1.5B
Q4 25
$98.6B
$1.5B
Q3 25
$93.7B
$1.5B
Q2 25
$90.3B
$1.2B
Q1 25
$85.0B
$1.3B
Q4 24
$87.8B
$1.5B
Q3 24
$86.3B
$1.4B
Q2 24
$83.3B
$1.5B
Debt / Equity
CAT
CAT
MQ
MQ
Q1 26
0.00×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

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