Skip to content

Marqeta MQ Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin70%+0.6pp69.4%+20.7pp48.7%+6.0pp42.8%-2.0pp
Operating margin-7.4%-2.6pp-4.8%+37.0pp-41.9%-13.8pp-28%+3.3pp
Net margin-2.2%-33%-8.3pp-24.7%+7.0pp
Returns
Return on equity-1.5%-16.4%-4.3pp-12.1%
Efficiency
Asset turnover0.4×+0.1×0.3×-0.1×0.4×0.0×0.4×0.0×
Liquidity
Current ratio1.6×-1.7×3.4×-0.8×4.1×-2.0×6.2×-1.4×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×
Per Share
Book value per share$1.65-21.2%$2.09-10.4%$2.33-13.5%$2.70-37.7%
Valuation
Market capitalization$2.09B+9.8%$1.9B-47.8%$3.65B+9.5%$3.33B-64.3%
Price / sales3.3×-0.4×3.8×-1.6×5.4×+0.9×4.4×-13.6×
Price / book2.7×+1.0×1.8×-1.2×2.9×+0.7×2.3×-3.7×

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

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.