Marqeta, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $624.9M | $507.0M | $676.2M | $748.2M | $517.2M |
| Gross profit | $437.3M | $351.8M | $329.5M | $320.0M | $231.7M |
| Operating income | -$46.4M | -$24.5M | -$283.0M | -$209.8M | -$162.0M |
| Operating expenses | $483.7M | $376.3M | $612.5M | $529.8M | $393.7M |
| Cost of revenue | $187.6M | $155.1M | $346.7M | $428.2M | $285.5M |
| Cash from operations | $162.6M | $58.2M | $21.1M | -$13.0M | $57.0M |
| Capital expenditure | $1.8M | $2.4M | $762,000 | $2.3M | $2.7M |
| Free cash flow | $160.8M | $55.8M | $20.3M | -$15.3M | $54.2M |
| Share repurchases | $391.4M | $154.4M | $190.4M | $78.1M | $0 |
| Impairments | — | — | — | $0 | $0 |
| Total assets | $1.5B | $1.5B | $1.6B | $1.8B | $1.8B |
| Total liabilities | $763.1M | $378.2M | $346.3M | $297.4M | $257.0M |
Shares outstanding 424.0M · Free float 86.3%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.