Financials in USD. Standardized financial statements.
A compact view of how Marqeta, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue? | $624.88M | $507.00M | $676.17M | $748.21M | $517.17M | $290.29M | $143.27M |
| Revenue Growth? | +23.3% | -25.0% | -9.6% | +44.7% | +78.2% | +102.6% | 0.0% |
| Cost of Revenue? | $555.19M | $155.15M | $346.66M | $428.20M | $285.47M | $172.38M | $82.81M |
| Gross Profit? | $69.69M | $351.85M | $329.51M | $320.00M | $231.71M | $117.91M | $60.45M |
| Gross Margin? | +11.2% | +69.4% | +48.7% | +42.8% | +44.8% | +40.6% | +42.2% |
| Operating Expenses? | $98.84M | $376.31M | $612.53M | $529.81M | $393.71M | $164.99M | $119.32M |
| Operating Income? | -$29.15M | -$24.47M | -$283.01M | -$209.81M | -$162.01M | -$47.09M | -$58.86M |
| EBITDA? | $13.83M | -$7.01M | -$272.27M | -$205.96M | -$158.47M | -$43.59M | -$55.78M |
| Income Before Tax | -$13.33M | $28.08M | -$230.57M | -$184.88M | -$164.57M | -$47.61M | -$58.16M |
| Income Tax Expense | $596,000 | $793,000 | -$7.61M | -$102,000 | -$640,000 | $87,000 | $35,000 |
| Net Income? | -$13.93M | $27.29M | -$222.96M | -$184.78M | -$163.93M | -$47.70M | -$58.20M |
| EPS? | $-0.03 | $0.05 | $-0.42 | $-0.34 | $-0.30 | $-0.09 | $-0.11 |
| Diluted EPS? | $-0.03 | $0.05 | $-0.42 | $-0.34 | $-0.30 | $-0.09 | $-0.11 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality