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

Marqeta, Inc. is the larger business by last-quarter revenue ($165.8B vs $132.6M, roughly 1250.1× Urban Edge Properties). Urban Edge Properties runs the higher net margin — 17.1% vs 0.0%, a 17.1% gap on every dollar of revenue. On growth, Marqeta, Inc. posted the faster year-over-year revenue change (19.0% vs 12.2%). Over the past eight quarters, Marqeta, Inc.'s revenue compounded faster (3538.0% CAGR vs 11.6%).

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.

Urban Edge Properties is a publicly traded real estate investment trust (REIT) that owns, operates, and develops high-quality retail and mixed-use properties, primarily located in densely populated urban and suburban markets across the United States. Its portfolio covers grocery-anchored shopping centers, lifestyle outlets, and community-focused commercial assets.

MQ vs UE — Head-to-Head

Bigger by revenue
MQ
MQ
1250.1× larger
MQ
$165.8B
$132.6M
UE
Growing faster (revenue YoY)
MQ
MQ
+6.8% gap
MQ
19.0%
12.2%
UE
Higher net margin
UE
UE
17.1% more per $
UE
17.1%
0.0%
MQ
Faster 2-yr revenue CAGR
MQ
MQ
Annualised
MQ
3538.0%
11.6%
UE

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
MQ
MQ
UE
UE
Revenue
$165.8B
$132.6M
Net Profit
$7.8M
$22.6M
Gross Margin
0.1%
Operating Margin
99.9%
Net Margin
0.0%
17.1%
Revenue YoY
19.0%
12.2%
Net Profit YoY
662.0%
-6.7%
EPS (diluted)
$0.02
$0.18

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
MQ
MQ
UE
UE
Q1 26
$165.8B
$132.6M
Q4 25
$172.1M
$119.6M
Q3 25
$163.3M
$120.1M
Q2 25
$150.4M
$114.1M
Q1 25
$139.1M
$118.2M
Q4 24
$135.8M
$116.4M
Q3 24
$128.0M
$112.4M
Q2 24
$125.3M
$106.5M
Net Profit
MQ
MQ
UE
UE
Q1 26
$7.8M
$22.6M
Q4 25
$12.4M
Q3 25
$-3.6M
$14.9M
Q2 25
$-647.0K
$58.0M
Q1 25
$-8.3M
$8.2M
Q4 24
$30.1M
Q3 24
$-28.6M
$9.1M
Q2 24
$119.1M
$30.8M
Gross Margin
MQ
MQ
UE
UE
Q1 26
0.1%
Q4 25
69.7%
Q3 25
70.1%
Q2 25
69.2%
Q1 25
71.0%
Q4 24
72.3%
Q3 24
70.4%
Q2 24
63.3%
Operating Margin
MQ
MQ
UE
UE
Q1 26
99.9%
Q4 25
-4.8%
11.3%
Q3 25
-6.4%
13.4%
Q2 25
-6.1%
53.9%
Q1 25
-13.3%
7.6%
Q4 24
-27.6%
27.6%
Q3 24
-33.0%
8.9%
Q2 24
83.9%
30.6%
Net Margin
MQ
MQ
UE
UE
Q1 26
0.0%
17.1%
Q4 25
10.4%
Q3 25
-2.2%
12.4%
Q2 25
-0.4%
50.8%
Q1 25
-5.9%
6.9%
Q4 24
25.9%
Q3 24
-22.4%
8.1%
Q2 24
95.1%
28.9%
EPS (diluted)
MQ
MQ
UE
UE
Q1 26
$0.02
$0.18
Q4 25
$0.09
Q3 25
$0.12
Q2 25
$0.46
Q1 25
$0.07
Q4 24
$0.25
Q3 24
$0.07
Q2 24
$0.26

Balance Sheet & Financial Strength

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

Metric
MQ
MQ
UE
UE
Cash + ST InvestmentsLiquidity on hand
$712.1M
$50.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$742.3M
$1.4B
Total Assets
$1.5B
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MQ
MQ
UE
UE
Q1 26
$712.1M
$50.0M
Q4 25
$709.4M
$48.9M
Q3 25
$747.2M
$77.8M
Q2 25
$732.7M
$53.0M
Q1 25
$830.9M
$48.0M
Q4 24
$923.0M
$41.4M
Q3 24
$886.4M
$67.9M
Q2 24
$924.7M
$78.6M
Stockholders' Equity
MQ
MQ
UE
UE
Q1 26
$742.3M
$1.4B
Q4 25
$762.0M
$1.4B
Q3 25
$839.2M
$1.4B
Q2 25
$843.4M
$1.4B
Q1 25
$987.3M
$1.4B
Q4 24
$1.1B
$1.4B
Q3 24
$1.1B
$1.3B
Q2 24
$1.1B
$1.3B
Total Assets
MQ
MQ
UE
UE
Q1 26
$1.5B
$3.4B
Q4 25
$1.5B
$3.3B
Q3 25
$1.5B
$3.3B
Q2 25
$1.2B
$3.3B
Q1 25
$1.3B
$3.3B
Q4 24
$1.5B
$3.3B
Q3 24
$1.4B
$3.2B
Q2 24
$1.5B
$3.2B

Cash Flow & Capital Efficiency

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

Metric
MQ
MQ
UE
UE
Operating Cash FlowLast quarter
$39.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
1.73×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MQ
MQ
UE
UE
Q1 26
$39.1M
Q4 25
$53.3M
$182.7M
Q3 25
$86.8M
$55.7M
Q2 25
$12.5M
$43.5M
Q1 25
$10.0M
$32.6M
Q4 24
$24.8M
$153.2M
Q3 24
$7.3M
$36.6M
Q2 24
$25.7M
$41.2M
Free Cash Flow
MQ
MQ
UE
UE
Q1 26
Q4 25
$53.2M
$81.8M
Q3 25
$86.4M
$26.1M
Q2 25
$12.2M
$19.6M
Q1 25
$8.7M
$11.9M
Q4 24
$24.7M
$42.5M
Q3 24
$7.1M
$12.2M
Q2 24
$24.7M
$19.9M
FCF Margin
MQ
MQ
UE
UE
Q1 26
Q4 25
30.9%
68.4%
Q3 25
52.9%
21.7%
Q2 25
8.1%
17.2%
Q1 25
6.3%
10.0%
Q4 24
18.2%
36.6%
Q3 24
5.5%
10.8%
Q2 24
19.7%
18.6%
Capex Intensity
MQ
MQ
UE
UE
Q1 26
1.5%
Q4 25
0.1%
84.4%
Q3 25
0.2%
24.6%
Q2 25
0.2%
20.9%
Q1 25
0.9%
17.5%
Q4 24
0.0%
95.1%
Q3 24
0.1%
21.7%
Q2 24
0.8%
20.1%
Cash Conversion
MQ
MQ
UE
UE
Q1 26
1.73×
Q4 25
14.71×
Q3 25
3.73×
Q2 25
0.75×
Q1 25
3.97×
Q4 24
5.09×
Q3 24
4.03×
Q2 24
0.22×
1.34×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MQ
MQ

Segment breakdown not available.

UE
UE

Rental revenue$124.2M94%
Other$8.4M6%

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