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Marqeta MQ Business Segments — Operating Income (Loss)

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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:OperatingIncomeLoss.

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
Occupancy1,179917
Marketing and advertising1,160469
Other operating expenses3,5663,944
Income (loss) from operations2,094(18,538)
Interest income5,36310,487
Other income57026
Income tax expense193235
Segment and consolidated net income (loss)(1)$7,834$(8,260)

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is Marqeta's business segments — operating income (loss)?
Marqeta (MQ) reported business segments — operating income (loss) of $2.09M in Q1 2026.
How has Marqeta's business segments — operating income (loss) changed year-over-year?
Marqeta's business segments — operating income (loss) increased by 111.3% year-over-year, from -$18.54M to $2.09M.
What does business segments — operating income (loss) mean?
This metric measures the profitability of the business segment after deducting operating expenses from gross profit. It serves as a key indicator of the segment's core operational performance and its ability to generate sustainable earnings independent of financing or tax structures.

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