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Marqeta MQ Deferred Revenue

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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:ContractWithCustomerLiabilityCurrent.

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
Line itemMarch 31,2026December 31,2025
Accrued costs of revenue$106,597$103,882
Accrued compensation and benefits18,31247,702
Deferred revenue8,69811,762
Accrued tax liabilities8,7318,966
Due to Issuing Banks7,7217,721
Contingent consideration liability (see Note 4)2,7293,677
Operating lease liabilities, current portion2,5633,022
Holdback consideration liability2,2972,353

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is Marqeta's deferred revenue?
Marqeta (MQ) reported deferred revenue of $8.7M in Q1 2026.
How has Marqeta's deferred revenue changed year-over-year?
Marqeta's deferred revenue decreased by 16.8% year-over-year, from $10.46M to $8.7M.
What is the long-term trend for Marqeta's deferred revenue?
Over 5 years (2020 to 2025), Marqeta's deferred revenue has grown at a 24.2% compound annual growth rate (CAGR), from $3.98M to $11.76M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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