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Marqeta MQ Contract Liabilities

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Other financials

Income statement

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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

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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

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Operating cash flow-$3.4M-134%
CapEx$1.3M+1.0%
Free cash flow-$4.6M-153%

Valuation

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Market cap$1.74B-34.7%
Enterprise value$788.69M-59.0%
P/E801×
P/S2.7×-2.1×

Profitability

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Gross margin70%+0.6pp
Operating margin-4%-5.3pp
Net margin0.3%
FCF margin22.6%+10.3pp

Returns & leverage

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Return on equity0.3%
Debt / equity0.0×
Current ratio1.6×-1.5×

Where this comes from

Reported directly by Marqeta in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The source filing: Marqeta’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:53 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001522540-26-000038
Contract balanceBalance sheet line referenceMarch 31,2026December 31,2025
Contract assets - currentPrepaid expenses and other current assets$4,420$4,021
Contract assets - non-currentOther assets6,2026,688
Total contract assets$10,622$10,709
Deferred revenue - currentAccrued expenses and other current liabilities$8,698$11,762
Deferred revenue - non-currentOther liabilities2,8132,640
Total deferred revenue$11,511$14,402

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is Marqeta's contract liabilities?
Marqeta (MQ) reported contract liabilities of $11.51M in Q1 2026.
How has Marqeta's contract liabilities changed year-over-year?
Marqeta's contract liabilities decreased by 24.6% year-over-year, from $15.27M to $11.51M.
What is the long-term trend for Marqeta's contract liabilities?
Over 5 years (2020 to 2025), Marqeta's contract liabilities has grown at a 10.2% compound annual growth rate (CAGR), from $8.87M to $14.4M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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