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

Marqeta, Inc. is the larger business by last-quarter revenue ($165.8B vs $327.5M, roughly 506.3× WORTHINGTON ENTERPRISES, INC.). WORTHINGTON ENTERPRISES, INC. runs the higher net margin — 8.3% vs 0.0%, a 8.3% gap on every dollar of revenue. On growth, WORTHINGTON ENTERPRISES, INC. posted the faster year-over-year revenue change (19.5% vs 19.0%).

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.

Worthington Enterprises, Inc. is an American industrial manufacturing company headquartered in Columbus, Ohio. The company is composed of two business segments, consumer products and building products. Within these segments, the company designs and manufactures pressure vessels such as propane, oxygen and helium tanks, refrigerant and industrial cylinders, camping and residential use cylinders, water system tanks for storage, treatment, heating, expansion and flow control, as well as a variet...

MQ vs WOR — Head-to-Head

Bigger by revenue
MQ
MQ
506.3× larger
MQ
$165.8B
$327.5M
WOR
Growing faster (revenue YoY)
WOR
WOR
+0.5% gap
WOR
19.5%
19.0%
MQ
Higher net margin
WOR
WOR
8.3% more per $
WOR
8.3%
0.0%
MQ

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
MQ
MQ
WOR
WOR
Revenue
$165.8B
$327.5M
Net Profit
$7.8M
$27.3M
Gross Margin
0.1%
25.8%
Operating Margin
99.9%
3.7%
Net Margin
0.0%
8.3%
Revenue YoY
19.0%
19.5%
Net Profit YoY
662.0%
-3.3%
EPS (diluted)
$0.02
$0.55

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
WOR
WOR
Q1 26
$165.8B
Q4 25
$172.1M
$327.5M
Q3 25
$163.3M
$303.7M
Q2 25
$150.4M
Q1 25
$139.1M
Q4 24
$135.8M
Q3 24
$128.0M
Q2 24
$125.3M
Net Profit
MQ
MQ
WOR
WOR
Q1 26
$7.8M
Q4 25
$27.3M
Q3 25
$-3.6M
$35.1M
Q2 25
$-647.0K
Q1 25
$-8.3M
Q4 24
Q3 24
$-28.6M
Q2 24
$119.1M
Gross Margin
MQ
MQ
WOR
WOR
Q1 26
0.1%
Q4 25
69.7%
25.8%
Q3 25
70.1%
27.1%
Q2 25
69.2%
Q1 25
71.0%
Q4 24
72.3%
Q3 24
70.4%
Q2 24
63.3%
Operating Margin
MQ
MQ
WOR
WOR
Q1 26
99.9%
Q4 25
-4.8%
3.7%
Q3 25
-6.4%
3.0%
Q2 25
-6.1%
Q1 25
-13.3%
Q4 24
-27.6%
Q3 24
-33.0%
Q2 24
83.9%
Net Margin
MQ
MQ
WOR
WOR
Q1 26
0.0%
Q4 25
8.3%
Q3 25
-2.2%
11.6%
Q2 25
-0.4%
Q1 25
-5.9%
Q4 24
Q3 24
-22.4%
Q2 24
95.1%
EPS (diluted)
MQ
MQ
WOR
WOR
Q1 26
$0.02
Q4 25
$0.55
Q3 25
$0.70
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Balance Sheet & Financial Strength

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

Metric
MQ
MQ
WOR
WOR
Cash + ST InvestmentsLiquidity on hand
$712.1M
$180.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$742.3M
$962.6M
Total Assets
$1.5B
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MQ
MQ
WOR
WOR
Q1 26
$712.1M
Q4 25
$709.4M
$180.3M
Q3 25
$747.2M
$167.1M
Q2 25
$732.7M
Q1 25
$830.9M
Q4 24
$923.0M
Q3 24
$886.4M
Q2 24
$924.7M
Stockholders' Equity
MQ
MQ
WOR
WOR
Q1 26
$742.3M
Q4 25
$762.0M
$962.6M
Q3 25
$839.2M
$959.1M
Q2 25
$843.4M
Q1 25
$987.3M
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Total Assets
MQ
MQ
WOR
WOR
Q1 26
$1.5B
Q4 25
$1.5B
$1.8B
Q3 25
$1.5B
$1.7B
Q2 25
$1.2B
Q1 25
$1.3B
Q4 24
$1.5B
Q3 24
$1.4B
Q2 24
$1.5B

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
WOR
WOR
Operating Cash FlowLast quarter
$51.5M
Free Cash FlowOCF − Capex
$39.1M
FCF MarginFCF / Revenue
11.9%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
1.89×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MQ
MQ
WOR
WOR
Q1 26
Q4 25
$53.3M
$51.5M
Q3 25
$86.8M
$41.1M
Q2 25
$12.5M
Q1 25
$10.0M
Q4 24
$24.8M
Q3 24
$7.3M
Q2 24
$25.7M
Free Cash Flow
MQ
MQ
WOR
WOR
Q1 26
Q4 25
$53.2M
$39.1M
Q3 25
$86.4M
$27.9M
Q2 25
$12.2M
Q1 25
$8.7M
Q4 24
$24.7M
Q3 24
$7.1M
Q2 24
$24.7M
FCF Margin
MQ
MQ
WOR
WOR
Q1 26
Q4 25
30.9%
11.9%
Q3 25
52.9%
9.2%
Q2 25
8.1%
Q1 25
6.3%
Q4 24
18.2%
Q3 24
5.5%
Q2 24
19.7%
Capex Intensity
MQ
MQ
WOR
WOR
Q1 26
Q4 25
0.1%
3.8%
Q3 25
0.2%
4.3%
Q2 25
0.2%
Q1 25
0.9%
Q4 24
0.0%
Q3 24
0.1%
Q2 24
0.8%
Cash Conversion
MQ
MQ
WOR
WOR
Q1 26
Q4 25
1.89×
Q3 25
1.17×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MQ
MQ

Segment breakdown not available.

WOR
WOR

Building Products$207.5M63%
Equity Method Investment Nonconsolidated Investee Other$120.7M37%

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