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Marqeta MQ Business Segments — Income Tax

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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$1.62B-16.1%
Enterprise value$675.32M-36.1%
P/E748.8×
P/S2.5×-1.2×

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:IncomeTaxExpenseBenefit.

The official record: Marqeta’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Marqeta's business segments — income tax?
Marqeta (MQ) reported business segments — income tax of $193K in Q1 2026.
How has Marqeta's business segments — income tax changed year-over-year?
Marqeta's business segments — income tax decreased by 17.9% year-over-year, from $235K to $193K.
What is the long-term trend for Marqeta's business segments — income tax?
Over 2 years (2022 to 2024), Marqeta's business segments — income tax has grown at a 178.8% compound annual growth rate (CAGR), from -$102K to $793K.
What does business segments — income tax mean?
This metric represents the portion of the segment's earnings allocated to tax authorities based on applicable jurisdictional regulations. Tracking this expense is essential for understanding the segment's effective tax rate and its impact on net profitability.