Can Marqeta cover its short-term obligations?

Its current ratio is 1.65 — current assets exceed current liabilities.

Where does Marqeta's balance sheet data come from?

Every line is extracted from Marqeta's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Marqeta MQ Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$956.08M+13.9%	$1.02B+9.3%	$982.66M+9.8%	$741.22M-20.6%	$839.4M-14.2%
Short-term investments	$37.27M-76.3%	$62.48M-65.2%	$83.21M-61.8%	$88.87M-61.2%	$157.54M-31.0%
Restricted cash	$280.4M+3,199%	$307.59M+3,519%	$600K-92.9%	$600K-92.9%	$8.5M0.0%
Accounts receivable, net	$45.89M+61.4%	$41.42M+38.1%	$36.12M+37.0%	$37.18M+43.3%	$28.43M+21.4%
Prepaid expenses and other current assets	$37.75M+26.1%	$35.28M+38.9%	$34.52M+44.9%	$23.8M+3.7%	$29.94M+11.6%
Trading assets	$33.94M-70.6%	$56.09M-50.4%	$75.58M-43.9%	$71.95M-48.4%	$115.43M+59.2%
Total current assets	$1.19B+4.7%	$1.24B-1.1%	$1.2B-1.7%	$990.23M-22.2%	$1.13B-15.8%
Property and equipment, net	$63.92M+50.1%	$59.91M+59.7%	$56.53M+57.9%	$50.24M+52.2%	$42.58M+51.3%
Accumulated depreciation	$48.77M+45.1%	$48.31M+62.0%	$43.02M+66.4%	$38.74M+57.9%	$33.6M+51.9%
Operating lease right-of-use assets	$7.51M+245%	$8.28M+205%	$0.05-100.0%	$0.05-100.0%	$2.18M-62.6%
Goodwill	$153.96M+24.6%	$154.71M+25.2%	$154.48M+25.1%	$123.52M0.0%	$123.52M0.0%
Intangible assets, net	$27.05M-4.5%	$29.51M-0.9%	$31.83M+1.9%	$26.85M-17.9%	$28.31M-17.1%
Other non-current assets	$14.5M-21.1%	$15.44M-24.2%	$16.84M-12.4%	$18.6M-9.3%	$18.38M-0.9%
Total investment securities	$37.3M-76.3%	——	$83.2M-61.8%	$88.9M-61.1%	$157.5M-31.0%
Total assets	$1.48B+9.4%	$1.53B+4.2%	$1.49B+3.7%	$1.21B-18.4%	$1.35B-13.4%
Accrued expenses	$18.31M+25.3%	$47.7M+4.3%	$35.29M-4.6%	$25.34M-8.7%	$14.61M-24.2%
Deferred revenue	$8.7M-16.8%	$11.76M-13.5%	$13.31M+3.2%	$7.63M-25.7%	$10.46M-9.6%
Operating lease liabilities, current	$2.56M-41.3%	$3.02M-34.7%	$3.07M-32.3%	$3.76M-14.7%	$4.37M+8.7%
Contract liabilities	$11.51M-24.6%	$14.4M-21.6%	$14.96M-4.4%	$13.12M-2.0%	$15.27M+0.2%
Income taxes payable	$8.73M+30.7%	$8.97M+65.0%	$7.95M+37.6%	$7.55M+60.0%	$6.68M+35.2%
Total current liabilities	$721.14M+102%	$749.06M+102%	$636.77M+90.9%	$361.3M+6.9%	$356.97M+5.4%
Operating lease liabilities, non-current	$4.8M+18,373%	$5.54M+536%	$4.84M+133%	$2.98M-8.5%	$26K-99.4%
Other non-current liabilities	$8.49M+58.2%	$8.48M+34.0%	$7.59M+67.8%	$6.89M+43.2%	$5.37M+6.6%
Total liabilities	$734.43M+103%	$763.08M+102%	$649.2M+90.8%	$371.16M+7.3%	$362.37M+4.2%
Preferred stock	$0—	$0—	$0—	$0—	$0—
Common stock	$43K-10.4%	$43K-14.0%	$45K-10.0%	$45K-11.8%	$48K-7.7%
Additional paid-in capital	$1.55B-13.8%	$1.57B-16.5%	$1.65B-11.7%	$1.65B-12.5%	$1.79B-13.5%
Retained earnings	-$804M+0.3%	-$811.83M-1.7%	-$810.44M-5.1%	-$806.82M-8.7%	-$806.17M+6.4%
Accumulated other comprehensive income (loss)	-$310K-12.3%	$1.51M+581%	$1.4M+67.7%	-$102K+92.0%	-$276K+66.5%
Total stockholders' equity	$742.28M-24.8%	$761.96M-29.8%	$839.23M-23.4%	$843.43M-26.2%	$987.26M-18.5%
Total liabilities and stockholders' equity	$1.48B+9.4%	$1.53B+4.2%	$1.49B+3.7%	$1.21B-18.4%	$1.35B-13.4%
Available-for-Sale Debt Securities - Amortized Cost	$33.9M-70.6%	$55.96M-50.4%	$75.39M-43.9%	$71.81M-48.6%	$115.23M+58.9%
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)	$33.9M-70.6%	$55.96M-50.4%	$75.39M-43.9%	$71.81M-48.6%	$115.23M+58.9%
Cash, Cash Equivalents, and Marketable Securities	$37.27M-76.3%	$62.48M-65.2%	$83.21M-61.8%	$88.87M-61.2%	$157.54M-31.0%
Available For Sale Securities Debt Securities Current	$37.27M-76.3%	$62.48M-65.2%	$83.21M-61.8%	$88.87M-61.2%	$157.54M-31.0%
Other accounts receivable (net of allowances of $37 in 2026 and $37 in 2025)	$79.87M+23.0%	$61.06M-8.6%	$48.77M+4.5%	$85.09M+149%	$64.94M+19.8%
Other Restricted Assets, Current	$895K—	——	$895K—	$895K—	$0—
Settlements receivable	$32.46M+125%	$18.04M+11.3%	$15.62M+32.1%	$14.97M-46.1%	$14.41M-60.5%
Other Receivables	$79.87M+23.0%	$61.06M-8.6%	$48.77M+4.5%	$85.09M+149%	$64.94M+19.8%
Deferred Tax Assets and Other Non-Current Assets	$14.5M—	$15.44M-24.2%	$16.84M—	$18.6M—	——
Finite Lived Intangible Assets - Gross	$47.89M+16.8%	$48.06M+17.2%	$48.04M+17.2%	$41M0.0%	$41M0.0%
Investments - Amortized Cost Basis	$37.22M-76.3%	$62.32M-65.2%	$82.98M-61.6%	$88.64M-61.4%	$157.16M-31.3%
Net Investment in Lease	$7.51M+245%	$8.28M+205%	$6.93M+41.6%	$5.15M-8.8%	$2.18M-62.6%
Intangible assets — net	$27.05M-4.5%	$29.51M-0.9%	$31.83M+1.9%	$26.85M-17.9%	$28.31M-17.1%
Other intangible assets—net	$48.41M+71.0%	$51.39M+72.6%	$53.64M+71.7%	$26.85M-17.9%	$28.31M-17.1%
Operating lease right-of-use assets	$7.51M+245%	$8.28M+205%	$6.93M+41.6%	$5.15M-8.8%	$2.18M-62.6%
Other non-current assets	$14.5M—	$15.44M-24.2%	$16.84M—	$18.6M—	——
Property, plant and equipment at cost	$112.69M+47.9%	$108.22M+60.7%	$99.54M+61.5%	$88.98M+54.6%	$76.18M+51.6%
Operating Lease Right-of-Use Assets in Other Assets	$7.51M+245%	$8.28M+205%	$6.93M+41.6%	$5.15M-8.8%	$2.18M-62.6%
Software and Technology Licenses, Net	$14.5M—	$15.44M-24.2%	$16.84M—	$18.6M—	——
Accrued Manufacturing Costs	$18.31M+25.3%	$47.7M+4.3%	$35.29M-4.6%	$25.34M-8.7%	$14.61M-24.2%
Accrued Marketing and Advertising Expenses	$260.14M+24.2%	$224.53M+16.1%	$204.97M+22.7%	$199.64M+13.2%	$209.42M+10.3%
Accrued expenses and other current liabilities	$179.91M+23.2%	$215.79M+21.9%	$196.36M+18.7%	$158.22M+0.3%	$146.01M-1.2%
Funds payable and amounts due to customers	$280.3M—	$306.89M—	$233.91M—	——	——
Compensation and benefits	$18.31M+25.3%	$47.7M+4.3%	$35.29M-4.6%	$25.34M-8.7%	$14.61M-24.2%
Term loan	$7.72M0.0%	$7.72M0.0%	$7.72M-3.0%	$7.72M-2.2%	$7.72M-2.2%
Professional Service Fees Payable	$1.55M-17.1%	$2.31M-35.3%	$1.45M-46.8%	$2.89M-30.8%	$1.87M-54.7%
Contingent Consideration Liability (Non-Current)	$2.73M—	$3.68M—	$3.66M—	——	——
Marketing and selling	$260.14M+24.2%	$224.53M+16.1%	$204.97M+22.7%	$199.64M+13.2%	$209.42M+10.3%
Total debt	$7.37M+67.7%	$8.56M+55.7%	$7.91M+19.7%	$6.74M-12.1%	$4.39M-45.7%
Convertible Preferred Stock Authorized Shares	100M0.0%	100M0.0%	100M0.0%	100M0.0%	100M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—	0—
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$43K-10.4%	$43K-14.0%	$45K-10.0%	$45K-11.8%	$48K-7.7%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—	$0—
Preferred Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Unrealized Gains on Investments	$48K-87.4%	$164K-64.4%	$232K-80.7%	$222K—	$381K+2,141%
Components	0—	0—	0—	0-100%	0-100%
Cumulative Cost Basis	$37.22M-76.3%	$62.32M-65.2%	$82.98M-61.6%	$88.64M-61.4%	$157.16M-31.3%
Deferred Revenue Timing Percentage	71%+8.0%	——	65%—	63%—	63%—
Accounts Payable, Trade	$789K-49.1%	$1.85M+250%	$1.52M+48.1%	$3.44M-6.6%	$1.55M+69.2%
Accrued costs of revenue	$106.6M+20.7%	$103.88M+21.2%	$91.55M+10.9%	$90.21M+10.6%	$88.32M+12.4%
Professional service fees	$1.55M-17.1%	$2.31M-35.3%	$1.45M-46.8%	$2.89M-30.8%	$1.87M-54.7%
Gross Unrealized Gains	$48K-87.4%	$164K-64.4%	$232K-80.7%	$222K—	$381K+2,141%
Total	$37.22M-76.3%	$62.32M-65.2%	$82.98M-61.6%	$88.64M-61.4%	$157.16M-31.3%
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One	$33.9M-70.6%	$55.96M-50.4%	$75.39M-43.9%	$71.81M-48.6%	$115.23M+58.9%
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One	$33.94M-70.6%	$56.09M-50.4%	$75.58M-43.9%	$71.95M-48.4%	$115.43M+59.2%
Available for sale investments	$37.27M-76.3%	$62.48M-65.2%	$83.21M-61.8%	$88.87M-61.2%	$157.54M-31.0%
Business Combination, Contingent Consideration, Liability	$2.73M—	$3.68M—	$3.66M—	——	——
Number of earn-outs	2—	——	——	——	——
Holdback consideration liability	$2.3M—	$2.35M—	$3.52M—	——	——
Contract with Customer, Asset, after Allowance for Credit Loss	$10.62M-4.5%	$10.71M-14.9%	$11.31M+2.6%	$10.73M-13.0%	$11.12M+7.5%
Contract with Customer, Liability	$11.51M-24.6%	$14.4M-21.6%	$14.96M-4.4%	$13.12M-2.0%	$15.27M+0.2%
Due after one year through five years	$3.32M—	$6.36M-90.4%	$7.59M—	$16.83M—	——
Due after one year through five years	$3.33M—	$6.4M-90.4%	$7.63M—	$16.91M—	——
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions	$0—	$0—	$0—	$0-100%	$0-100%
Finite-Lived Intangible Assets, Accumulated Amortization	$20.84M+64.3%	$18.55M+65.3%	$16.21M+66.0%	$14.16M+70.6%	$12.69M+85.7%
Gross Carrying Amount	$47.89M+16.8%	$48.06M+17.2%	$48.04M+17.2%	$41M0.0%	$41M0.0%
Marketable Securities	$37.3M-76.3%	——	$83.2M-61.8%	$88.9M-61.1%	$157.5M-31.0%
Other accrued liabilities	$20.71M+72.8%	$24.4M+179%	$28.85M+390%	$13.11M+132%	$11.98M-11.7%
Preferred Stock, Par or Stated Value Per Share	$00.0%	$00.0%	$00.0%	$00.0%	$00.0%
Preferred Stock, Shares Authorized	$100M0.0%	$100M0.0%	$100M0.0%	$100M0.0%	$100M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—	$0—
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	$37M-22.1%	——	$44.1M-14.0%	$45.6M-14.9%	$47.5M-18.5%

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Questions, answered.

Can Marqeta cover its short-term obligations?: Its current ratio is 1.65 — current assets exceed current liabilities.
Where does Marqeta's balance sheet data come from?: Every line is extracted from Marqeta's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.