What is Marqeta's market cap?

Marqeta (MQ) has a market capitalization of $1.8B and trades on NASDAQ.

What is Marqeta's revenue and profitability?

Marqeta generated $651.6M in trailing twelve-month revenue with net income of $2.2M, representing a net margin of 0.3%. Gross margin stands at 70.0%, with free cash flow of $147.4M. These figures are based on the Q1 2026 filing.

Who are Marqeta's competitors?

Marqeta's key competitors include FIS, Priority Technology Holdings, Inc., Global Payments, Inc., and others. These companies compete in similar markets and product categories.

Who does Marqeta partner with?

Marqeta's notable partners include Block, Inc., Visa, Mastercard.

What subsidiaries does Marqeta have?

Marqeta's subsidiaries include Transact Payments Limited.

Where is Marqeta headquartered?

Marqeta is headquartered in United States of America and employs approximately 771 people. It has been publicly traded since 2021.

Marqeta

Marqeta provides a cloud-native, open API platform for modern card issuing and transaction processing.

Market cap

$1.8B-32.6%

Revenue$651.6M+23.4%

Net income$2.2M-95.3%

Free cash flow$147.4M+126%

EPS (diluted)$0.01-87.5%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 5, 2026

Revenue$165.8MBeat by $1.5M EPS$0.02Beat by $0.02

Read the full report

Next report

Aug 3, 2026 (In 6 days)

Revenue estimate$173.0M

EPS estimate$0.01

Financials

Q1 2026

Income statement

See full

Revenue$165.8M+19.2%

Gross profit$117.6M+19.2%

Operating income$2.1M+111%

Net income$7.8M+195%

EPS (diluted)$0.02+200%

Balance sheet

See full

Cash & equivalents$956.1M+13.9%

Total debt$7.4M+67.7%

Total equity$742.3M-24.8%

Total assets$1.5B+9.4%

Cash flow

See full

Operating cash flow-$3.4M-134%

CapEx$1.3M+1.0%

Free cash flow-$4.6M-153%

Valuation & ratios

Valuation

See full

Market cap$1.8B-32.6%

Enterprise value$847.08M-56.9%

P/E827.9×—

P/S2.8×-2.1×

Profitability

See full

Gross margin70%+0.6pp

Operating margin-4%-5.3pp

Net margin0.3%—

FCF margin22.6%+10.3pp

Returns & leverage

See full

Return on equity0.3%—

Debt / equity0×0.0×

Current ratio1.6×-1.5×

Segments

By product

See full

Platform services revenue, net$156.2M+18.5%

Other services revenue$9.6M+32.8%

By segment

See full

Reportable Segment$165.8M+19.2%

Competitors

By market cap

Mastercard$476.83B-7.6%

Global Payments$22.1B+5.8%

Fidelity National Information Services$21.5B-50.2%

Shift4 Payments$3.8B-47.0%

Marqeta$1.8B-33.8%

Priority Technology Holdings$518.0M-7.9%

Lesaka Technologies, Inc.$387.8M+12.3%

Repay Holdings Corporation$314.6M-34.6%

By revenue growth

Shift4 Payments+28.3%

Marqeta+23.4%

Mastercard+16.8%

Global Payments+14.8%

Fidelity National Information Services+12.3%

Lesaka Technologies, Inc.+10.1%

Priority Technology Holdings+8.8%

By net margin

Mastercard45.88%+0.7pp

Fidelity National Information Services23.35%+15.3pp

Priority Technology Holdings5.85%+2.8pp

Shift4 Payments2.63%-3.9pp

Marqeta0.333%-8.4pp

Lesaka Technologies, Inc.-3.98%+6.1pp

Global Payments-7.96%-28.2pp

Profile

Marqeta provides a cloud-native, open API platform for modern card issuing and transaction processing. The company enables businesses to build, launch, and manage customized payment experiences including debit, prepaid, and credit programs. Its core value proposition lies in bridging the gap between traditional banking infrastructure and modern digital applications through a highly configurable tech layer.

Competitive position

Marqeta is a leading provider of modern card issuing infrastructure, distinguished by its cloud-native API-first architecture and global certification in over 40 countries.

GeographiesUnited States, Canada, United Kingdom, European Economic Area, Gibraltar

Customer segmentsEnterprise, SMB, Financial Services

Business modelB2B, Usage-based, Platform-as-a-Service

SuppliersIssuing Banks, Card Networks, Cloud Infrastructure Providers

CustomersDigital Wallets, Buy Now Pay Later Providers, On-demand Delivery Platforms, Expense Management Companies

CountryUnited States of America

Listed2021

Employees771.0

CEOMichael Milotich

SectorTechnology

IndustrySoftware - Infrastructure

Websitemarqeta.com

FilingsSEC EDGAR

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Questions, answered.

What is Marqeta's market cap?: Marqeta (MQ) has a market capitalization of $1.8B and trades on NASDAQ.
What is Marqeta's revenue and profitability?: Marqeta generated $651.6M in trailing twelve-month revenue with net income of $2.2M, representing a net margin of 0.3%. Gross margin stands at 70.0%, with free cash flow of $147.4M. These figures are based on the Q1 2026 filing.
Who are Marqeta's competitors?: Marqeta's key competitors include FIS, Priority Technology Holdings, Inc., Global Payments, Inc., and others. These companies compete in similar markets and product categories.
Who does Marqeta partner with?: Marqeta's notable partners include Block, Inc., Visa, Mastercard.
What subsidiaries does Marqeta have?: Marqeta's subsidiaries include Transact Payments Limited.
Where is Marqeta headquartered?: Marqeta is headquartered in United States of America and employs approximately 771 people. It has been publicly traded since 2021.