Marqeta Inc

Marqeta Inc

MQ · NASDAQ · Technology / Software - Infrastructure

18.23USD+0.20 (+1.11%)

Price History

Full chart

Market Stats

Previous Close18.03
Open18.06
Day Range18.01 – 18.44
52-Week Range14.80 – 22.28
Volume441.79K
Market Cap1.77B
P/E (TTM)188.44
Forward P/E30.49
EPS0.09
Dividend Yield0.00%
Beta1.29
50-Day Avg16.54
200-Day Avg16.79

About

Marqeta, Inc. operates a cloud-based open API platform for card issuing and transaction processing services in the United States. The company's platform also provides processor services, bank and network management, program management, and value added services; card issuing, such as debit, prepaid, credit, virtual, and physical cards; UI/UX; access to a suite of bank account and money movement features, including savings accounts, demand deposit accounts, direct deposit with early pay, ACH, cash loads, and fee-free ATMs, bill pay, and instant funding capabilities; Marqeta Dashboard, a self-service portal to access and manage all aspects of card program; TransactPay; Marqeta Hub for consumers, buy now, pay later (BNPL) providers, and card issuers; and credit capabilities, as well as Portfolio Migration which simplifies upgrading existing card programs into its platform. It offers its solutions in various verticals, including financial services, on-demand services, lending, expense management, and e-commerce enablement, as well as BNPL providers. Marqeta, Inc. was incorporated in 2010 and is headquartered in Oakland, California.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Michael Milotich
  • Employees938
  • Headquarters180 Grand Avenue, Oakland, CA, United States, 94612, USA
  • Websitehttps://www.marqeta.com

Leadership

  • Mr. Michael MilotichCEO & Director · b. 1977
  • Mr. Jason M. GardnerFounder & Non Executive Director · b. 1970
  • Ms. Crystal Sumner J.D.Chief Administrative Officer & Corporate Secretary · b. 1984
  • Mr. Todd PollakChief Revenue Officer · b. 1976
  • Ms. Patti KangwankijCFO & Principal Accounting Officer · b. 1984
  • Mr. Lukasz StrozekChief Technology Officer
  • Ms. Stacey FinermanVice President of Investor Relations
  • Mr. Alan Richard CarlisleChief Compliance Officer · b. 1974
  • Ms. Karna CrawfordChief Marketing Officer
  • Ms. Helena Day ChristiansonChief People Officer

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue143.27M290.29M517.17M748.21M676.17M507.00M624.88M
Growth (%)-+102.62%+78.16%+44.67%-9.63%-25.02%+23.25%
Cost of Revenue82.81M172.38M285.47M428.20M346.66M155.15M555.19M
Gross Profit60.45M117.91M231.71M320.00M329.51M351.85M69.69M
Gross Margin42.20%40.62%44.80%42.77%48.73%69.40%11.15%
Operating Expense119.32M164.99M393.71M529.81M612.53M376.31M98.84M
Operating Income-58.86M-47.09M-162.01M-209.81M-283.01M-24.47M-29.15M
Operating Margin-41.09%-16.22%-31.33%-28.04%-41.86%-4.83%-4.67%
EBITDA-55.78M-43.59M-161.03M-181.03M-219.83M45.54M13.83M
EBITDA Margin-38.94%-15.02%-31.14%-24.20%-32.51%8.98%2.21%
Net Income-58.20M-47.70M-163.93M-184.78M-222.96M27.29M-13.93M
Net Income Margin-40.62%-16.43%-31.70%-24.70%-32.97%5.38%-2.23%
R&D7.80M13.24M33.64M52.36M55.61M--
R&D as % of Total Revenue5.44%4.56%6.50%7.00%8.22%--
Interest Expense698.00K521.00K2.56M24.93M---
Interest Expense % of Total Revenue0.49%0.18%0.50%3.33%---

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets223.19M457.68M1.83B1.77B1.59B1.46B1.53B
Total Liabilities85.85M169.52M256.95M297.39M346.30M378.19M763.08M
Total Equity137.34M288.16M1.57B1.47B1.24B1.09B761.96M
Cash60.34M220.43M1.25B1.18B980.97M923.02M981.82M
Total Debt19.73M18.22M15.45M12.43M16.93M13.22M21.81M
Net Debt-40.61M-202.21M-1.23B-1.17B-964.05M-909.80M-960.01M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-15.43M50.27M56.97M-12.97M21.10M58.17M162.62M
Investing Cash Flow-100.32M-57.56M-329.12M28.72M38.52M70.79M271.11M
Financing Cash Flow139.05M167.38M1.30B-79.49M-261.79M-186.91M-347.32M
Capital Expenditure4.91M2.38M2.74M3.92M12.65M2.42M1.83M
Free Cash Flow-20.34M47.90M54.23M-16.89M8.45M55.75M160.79M
Dividends Paid144.05M------
FCF to OCF131.81%95.28%95.19%130.23%40.05%95.84%98.87%
Dividend Paid to FCF-708.37%------

Earnings

Report DateMar 31, 2020Mar 31, 2021Jun 10, 2021Aug 11, 2021Nov 10, 2021Mar 9, 2022May 11, 2022Aug 10, 2022Nov 9, 2022Feb 28, 2023May 9, 2023Aug 8, 2023Nov 7, 2023Feb 28, 2024May 7, 2024Aug 7, 2024Nov 4, 2024Feb 26, 2025May 7, 2025Aug 6, 2025Nov 5, 2025Feb 24, 2026May 5, 2026Aug 4, 2026Nov 3, 2026
EPS Estimate0.000.00-0.01-0.33-0.55-0.07-0.31-0.43-0.40-0.09-0.33-0.43-0.25-0.09-0.360.17-0.14-0.04-0.19-0.13-0.01-0.01-0.040.010.07
EPS Actual-0.12-0.10-0.03-0.21-0.34-0.07-0.44-0.32-0.38-0.05-0.28-0.29-0.28-0.08-0.20-0.22-0.14-0.03-0.010.02-0.010.010.090.07-
Surprise---200.00%36.36%38.18%0.00%-41.94%25.58%5.00%44.44%15.15%32.56%-12.00%11.11%44.44%-229.41%0.00%19.00%94.74%115.38%0.00%168.00%325.00%600.00%-
Timing--After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.77B
Enterprise Value994.70M
Trailing P/E188.44
Forward P/E30.49
PEG Ratio1.35
Price / Sales2.63
Price / Book2.35
EPS0.09
Book Value6.87
Revenue (TTM)677.21M
Gross Profit (TTM)474.00M
EBITDA17.11M
Profit Margin1.53%
Operating Margin2.47%
Return on Equity1.33%
Return on Assets-0.51%
Shares Outstanding95.91M
Shares Float89.81M
Beta1.29
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 17 analystsTarget 20.50
  • Strong Buy
    5
  • Buy
    1
  • Hold
    11

Ownership Breakdown

Institutions
57.05%
Insiders
3.34%
Retail / Other
39.61%

Top Institutional Holders

  • T. Rowe Price Associates, Inc.
    53.15M12.76%
  • BlackRock Inc
    27.27M6.55%
  • T. Rowe Price Investment Management,Inc.
    24.97M6.00%
  • Vanguard Portfolio Management, LLC
    16.93M4.07%
  • Vanguard Capital Management, LLC
    16.53M3.97%
  • Wellington Management Company LLP
    13.89M3.33%
  • Renaissance Technologies Corp
    11.58M2.78%
  • Capital World Investors
    11.12M2.67%
  • Geode Capital Management, LLC
    9.37M2.25%
  • State Street Corp
    9.24M2.22%
  • Amvescap Plc.
    8.71M2.09%
  • North Reef Capital Management LP
    7.40M1.78%
  • Vitruvian Partners
    6.85M1.65%
  • Jacobs Levy Equity Management, Inc.
    5.64M1.35%

Top Fund Holders

  • T. Rowe Price Mid-Cap Value
    4.90M4.71%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.95M2.84%
  • American Funds SMALLCAP World A
    10.88M2.61%
  • iShares Russell 2000 ETF
    2.27M2.18%
  • T. Rowe Price Small-Cap Stock
    2.25M2.16%
  • Vanguard Small Cap Index
    2.14M2.05%

Stock Splits

  • Jul 1, 20261:4