What are Marqeta's profit margins?

Marqeta (MQ) runs a 70.0% gross margin and a -4.0% operating margin, with a 0.3% net margin.

Where do Marqeta's ratios come from?

Every ratio is computed from Marqeta's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Marqeta MQ Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	70%0.0pp	70%-0.6pp	70.6%-0.1pp	70.7%+1.3pp	69.4%0.0pp
Operating margin	-4%+3.5pp	-7.4%+5.4pp	-12.8%+6.6pp	-19.4%-20.7pp	1.3%+6.1pp
Efficiency
Asset turnover	0.5×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Liquidity
Current ratio	1.6×0.0×	1.6×-0.2×	1.9×-0.9×	2.7×-0.4×	3.2×-0.2×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Per Share
Book value per share	$1.71+3.8%	$1.65-11.8%	$1.87+2.3%	$1.83-7.2%	$1.97-5.8%
Valuation
Market capitalization	$1.74B-16.6%	$2.09B-11.7%	$2.37B-12.1%	$2.69B+29.6%	$2.08B+9.1%
Price / sales	2.7×-0.7×	3.3×-0.7×	4×-0.8×	4.9×+0.9×	3.9×+0.2×
Price / book	2.3×-0.4×	2.7×-0.1×	2.8×-0.4×	3.2×+1.1×	2.1×+0.3×

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Questions, answered.

What are Marqeta's profit margins?: Marqeta (MQ) runs a 70.0% gross margin and a -4.0% operating margin, with a 0.3% net margin.
Where do Marqeta's ratios come from?: Every ratio is computed from Marqeta's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.