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Marqeta MQ Pre-Tax Income

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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Total operating expenses115,498117,217
Income (loss) from operations2,094(18,538)
Other income, net5,93310,513
Income (loss) before income tax expense8,027(8,025)
Income tax expense193235
Net income (loss)$7,834$(8,260)
Other comprehensive (loss) income, net of taxes:
Change in foreign currency translation adjustment(1,646)126

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is Marqeta's pre-tax income?
Marqeta (MQ) reported pre-tax income of $8.03M in Q1 2026.
How has Marqeta's pre-tax income changed year-over-year?
Marqeta's pre-tax income increased by 200.0% year-over-year, from -$8.03M to $8.03M.
What is the long-term trend for Marqeta's pre-tax income?
Over 3 years (2021 to 2025), Marqeta's pre-tax income has grown at a -56.7% compound annual growth rate (CAGR), from -$164.57M to -$13.33M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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