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Marqeta share price today

Marqeta, Inc. · MQ · Technology · Software - Infrastructure · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Marqeta share price: $18.60 at the close on 4 November 2026, +0.4% in a year.

$18.60Price +0.4% in a year
15.5×P/E over 2.1 years
$176 MRevenue (Jun 2026) +17.0% on a year ago
$7.6 MProfit (Jun 2026)
2.5%Operating margin +7.3 points on a year ago
−2%ROE FY25

Marqeta, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

The main question: the share price moved +0.4% in a year while yearly earnings per share moved −157.3%. The difference came from the market paying a higher multiple.

The price has been stalling near its high for 5 weeks. Over the last four quarters, results have been improving. What will decide it: whether earnings grow into a price that has already moved.

What is the Marqeta share price today?

Marqeta, Inc.'s share price was $18.60 at the close on 4 November 2026. It has been stalling near its high for 5 weeks. That is 11.9% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 5 weeks in a row.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Marqeta, Inc. is in stage 3. The phase helps read everything below.

In the last 52 weeks it traded between $15 and $20, and at that close it sat 67% of the way up from that low.

1Y

Nov 2026: $18.60, 11.9% above its 200-day average. The price has been stalling near its high for 5 weeks.

  • Price $18.60
  • 50-day avg $17.22
  • 200-day avg $16.62
Nov 2026: $18.60, 11.9% above its 200-day average. The price has been stalling near its high for 5 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025$18.12$21.54$19.72
7 Nov 2025$18.52$20.87$19.80
14 Nov 2025$19.52$20.37$19.91
21 Nov 2025$18.96$19.88$20.00
28 Nov 2025$19.16$19.55$20.08
5 Dec 2025$18.64$19.20$20.18
12 Dec 2025$19.76$19.06$20.29
19 Dec 2025$20.28$19.01$20.37
26 Dec 2025$19.44$19.06$20.45
2 Jan 2026$18.56$19.12$20.49
9 Jan 2026$18.92$19.16$20.53
16 Jan 2026$17.84$19.17$20.55
23 Jan 2026$17.72$19.07$20.59
30 Jan 2026$16.52$18.81$20.63
6 Feb 2026$16.92$18.55$20.66
13 Feb 2026$15.68$18.31$20.67
20 Feb 2026$16.96$18.12$20.68
27 Feb 2026$15.36$17.75$20.64
6 Mar 2026$16.08$17.35$20.54
13 Mar 2026$15.88$17.03$20.43
20 Mar 2026$16.32$16.70$20.30
27 Mar 2026$15.96$16.51$20.17
2 Apr 2026$15.88$16.38$20.05
10 Apr 2026$15.40$16.22$19.89
17 Apr 2026$17.56$16.24$19.72
24 Apr 2026$17.24$16.32$19.57
1 May 2026$17.32$16.45$19.42
8 May 2026$16.68$16.55$19.26
15 May 2026$15.24$16.53$19.08
22 May 2026$15.88$16.48$18.92
29 May 2026$16.24$16.46$18.71
5 Jun 2026$15.52$16.43$18.49
12 Jun 2026$15.32$16.35$18.26
18 Jun 2026$15.52$16.31$18.07
26 Jun 2026$16.72$16.29$17.85
2 Jul 2026$17.41$16.23$17.72
10 Jul 2026$15.87$16.08$17.54
17 Jul 2026$17.49$16.02$17.42
24 Jul 2026$17.07$16.09$17.34
31 Jul 2026$17.36$16.32$17.29
7 Aug 2026$15.96$16.45$17.25
14 Aug 2026$16.34$16.42$17.18
21 Aug 2026$16.36$16.44$17.12
28 Aug 2026$16.47$16.52$17.06
4 Sep 2026$16.58$16.63$16.98
11 Sep 2026$16.33$16.60$16.92
18 Sep 2026$15.57$16.57$16.85
25 Sep 2026$16.96$16.52$16.78
2 Oct 2026$16.55$16.48$16.72
9 Oct 2026$18.11$16.43$16.65
16 Oct 2026$18.69$16.55$16.62
23 Oct 2026$18.85$16.86$16.61
30 Oct 2026$18.10$17.10$16.61
4 Nov 2026$18.60$17.22$16.62
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: $18.60, 11.9% above its 200-day average. The price has been stalling near its high for 5 weeks.

  • Price $18.60
  • 50-day avg $17.22
  • 200-day avg $16.62
Nov 2026: $18.60, 11.9% above its 200-day average. The price has been stalling near its high for 5 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023$21.24$23.32$20.90
10 Nov 2023$23.48$23.26$20.80
17 Nov 2023$23.60$23.11$20.71
24 Nov 2023$25.40$22.98$20.68
1 Dec 2023$25.48$23.03$20.70
8 Dec 2023$25.20$23.15$20.73
15 Dec 2023$25.52$23.37$20.84
22 Dec 2023$27.68$23.79$21.04
29 Dec 2023$27.92$24.24$21.27
5 Jan 2024$25.00$24.60$21.47
12 Jan 2024$25.04$25.13$21.73
19 Jan 2024$24.00$25.35$21.86
26 Jan 2024$24.92$25.46$22.04
2 Feb 2024$24.20$25.53$22.23
9 Feb 2024$23.08$25.37$22.40
16 Feb 2024$26.08$25.31$22.61
23 Feb 2024$26.20$25.37$22.78
1 Mar 2024$25.60$25.54$23.02
8 Mar 2024$24.32$25.14$23.17
15 Mar 2024$23.76$24.80$23.30
22 Mar 2024$23.80$24.68$23.43
28 Mar 2024$23.84$24.59$23.51
5 Apr 2024$23.56$24.51$23.60
12 Apr 2024$21.76$24.36$23.70
19 Apr 2024$21.24$24.12$23.75
26 Apr 2024$21.64$23.96$23.80
3 May 2024$22.04$23.60$23.83
10 May 2024$22.04$23.16$23.87
17 May 2024$22.52$23.03$23.90
24 May 2024$21.52$22.75$23.92
31 May 2024$21.28$22.54$23.90
7 Jun 2024$21.00$22.28$23.86
14 Jun 2024$20.44$22.06$23.82
21 Jun 2024$21.08$21.80$23.74
28 Jun 2024$21.92$21.78$23.63
5 Jul 2024$21.92$21.80$23.55
12 Jul 2024$21.48$21.77$23.49
19 Jul 2024$20.68$21.68$23.44
26 Jul 2024$21.48$21.52$23.40
2 Aug 2024$19.56$21.37$23.34
9 Aug 2024$21.40$21.25$23.30
16 Aug 2024$21.68$21.23$23.32
23 Aug 2024$21.36$21.23$23.34
30 Aug 2024$21.32$21.30$23.28
6 Sep 2024$19.64$21.20$23.20
13 Sep 2024$20.40$21.00$23.08
20 Sep 2024$20.60$20.87$22.95
27 Sep 2024$19.92$20.70$22.83
4 Oct 2024$19.36$20.53$22.68
11 Oct 2024$20.12$20.36$22.48
18 Oct 2024$20.84$20.43$22.30
25 Oct 2024$21.20$20.41$22.18
1 Nov 2024$23.40$20.53$22.15
8 Nov 2024$14.96$20.07$21.95
15 Nov 2024$15.72$19.64$21.72
22 Nov 2024$16.20$19.21$21.53
29 Nov 2024$15.52$18.83$21.37
6 Dec 2024$15.52$18.34$21.11
13 Dec 2024$16.08$18.00$20.82
20 Dec 2024$15.00$17.59$20.61
27 Dec 2024$14.60$17.14$20.42
3 Jan 2025$15.44$16.70$20.24
10 Jan 2025$14.68$16.19$20.06
17 Jan 2025$15.00$15.39$19.85
24 Jan 2025$15.08$15.40$19.67
31 Jan 2025$15.40$15.35$19.49
7 Feb 2025$14.96$15.30$19.33
14 Feb 2025$14.34$15.21$19.15
21 Feb 2025$14.76$15.20$19.01
28 Feb 2025$16.72$15.15$18.82
7 Mar 2025$16.24$15.26$18.66
14 Mar 2025$16.40$15.36$18.53
21 Mar 2025$17.68$15.62$18.43
28 Mar 2025$16.76$15.86$18.34
4 Apr 2025$14.84$15.99$18.21
11 Apr 2025$15.40$15.98$18.07
17 Apr 2025$15.28$16.00$17.95
25 Apr 2025$15.88$16.05$17.79
2 May 2025$15.40$16.18$17.65
9 May 2025$18.40$16.33$17.53
16 May 2025$20.16$16.64$17.49
23 May 2025$20.28$17.13$17.51
30 May 2025$21.52$17.43$17.52
6 Jun 2025$21.88$17.81$17.52
13 Jun 2025$21.52$18.30$17.53
20 Jun 2025$21.96$18.86$17.55
27 Jun 2025$23.52$19.61$17.63
3 Jul 2025$23.80$20.26$17.69
11 Jul 2025$22.84$21.03$17.77
18 Jul 2025$22.92$21.78$17.85
25 Jul 2025$23.16$22.30$17.95
1 Aug 2025$22.12$22.54$18.03
8 Aug 2025$26.08$22.88$18.12
15 Aug 2025$24.84$23.28$18.24
22 Aug 2025$24.72$23.51$18.27
29 Aug 2025$25.46$23.82$18.49
5 Sep 2025$24.60$23.98$18.65
12 Sep 2025$23.32$24.03$18.86
19 Sep 2025$22.76$23.96$19.04
26 Sep 2025$21.44$23.82$19.21
3 Oct 2025$20.44$23.57$19.33
10 Oct 2025$19.76$23.29$19.45
17 Oct 2025$18.20$22.82$19.55
24 Oct 2025$18.88$22.13$19.63
31 Oct 2025$18.12$21.54$19.72
7 Nov 2025$18.52$20.87$19.80
14 Nov 2025$19.52$20.37$19.91
21 Nov 2025$18.96$19.88$20.00
28 Nov 2025$19.16$19.55$20.08
5 Dec 2025$18.64$19.20$20.18
12 Dec 2025$19.76$19.06$20.29
19 Dec 2025$20.28$19.01$20.37
26 Dec 2025$19.44$19.06$20.45
2 Jan 2026$18.56$19.12$20.49
9 Jan 2026$18.92$19.16$20.53
16 Jan 2026$17.84$19.17$20.55
23 Jan 2026$17.72$19.07$20.59
30 Jan 2026$16.52$18.81$20.63
6 Feb 2026$16.92$18.55$20.66
13 Feb 2026$15.68$18.31$20.67
20 Feb 2026$16.96$18.12$20.68
27 Feb 2026$15.36$17.75$20.64
6 Mar 2026$16.08$17.35$20.54
13 Mar 2026$15.88$17.03$20.43
20 Mar 2026$16.32$16.70$20.30
27 Mar 2026$15.96$16.51$20.17
2 Apr 2026$15.88$16.38$20.05
10 Apr 2026$15.40$16.22$19.89
17 Apr 2026$17.56$16.24$19.72
24 Apr 2026$17.24$16.32$19.57
1 May 2026$17.32$16.45$19.42
8 May 2026$16.68$16.55$19.26
15 May 2026$15.24$16.53$19.08
22 May 2026$15.88$16.48$18.92
29 May 2026$16.24$16.46$18.71
5 Jun 2026$15.52$16.43$18.49
12 Jun 2026$15.32$16.35$18.26
18 Jun 2026$15.52$16.31$18.07
26 Jun 2026$16.72$16.29$17.85
2 Jul 2026$17.41$16.23$17.72
10 Jul 2026$15.87$16.08$17.54
17 Jul 2026$17.49$16.02$17.42
24 Jul 2026$17.07$16.09$17.34
31 Jul 2026$17.36$16.32$17.29
7 Aug 2026$15.96$16.45$17.25
14 Aug 2026$16.34$16.42$17.18
21 Aug 2026$16.36$16.44$17.12
28 Aug 2026$16.47$16.52$17.06
4 Sep 2026$16.58$16.63$16.98
11 Sep 2026$16.33$16.60$16.92
18 Sep 2026$15.57$16.57$16.85
25 Sep 2026$16.96$16.52$16.78
2 Oct 2026$16.55$16.48$16.72
9 Oct 2026$18.11$16.43$16.65
16 Oct 2026$18.69$16.55$16.62
23 Oct 2026$18.85$16.86$16.61
30 Oct 2026$18.10$17.10$16.61
4 Nov 2026$18.60$17.22$16.62
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: $18.60, 11.9% above its 200-day average. The price has been stalling near its high for 5 weeks.

  • Price $18.60
  • 50-day avg $17.22
  • 200-day avg $16.62
Nov 2026: $18.60, 11.9% above its 200-day average. The price has been stalling near its high for 5 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021$122.40$102.92–
12 Nov 2021$97.16$104.12–
26 Nov 2021$88.20$100.92–
10 Dec 2021$70.96$95.49–
23 Dec 2021$69.76$92.32–
7 Jan 2022$62.28$84.42–
21 Jan 2022$47.24$72.81–
4 Feb 2022$40.60$62.78–
18 Feb 2022$39.88$55.75–
4 Mar 2022$38.00$51.04–
18 Mar 2022$46.44$45.35–
1 Apr 2022$44.40$42.99$82.71
14 Apr 2022$44.88$42.91$79.48
29 Apr 2022$37.20$42.21$76.05
13 May 2022$35.40$40.44$72.38
27 May 2022$44.00$40.44$68.72
10 Jun 2022$38.36$40.01$66.11
24 Jun 2022$40.44$38.80$62.94
8 Jul 2022$35.40$37.66$59.60
22 Jul 2022$35.84$37.51$56.55
5 Aug 2022$42.28$38.34$54.11
19 Aug 2022$30.24$36.73$49.88
2 Sep 2022$28.64$35.19$46.14
16 Sep 2022$29.04$34.20$43.54
30 Sep 2022$28.48$32.89$41.31
14 Oct 2022$26.00$30.79$39.35
28 Oct 2022$31.20$29.31$37.59
11 Nov 2022$30.12$29.00$36.59
25 Nov 2022$26.04$28.36$35.85
9 Dec 2022$26.56$27.94$35.04
23 Dec 2022$24.04$27.30$34.20
6 Jan 2023$24.36$26.54$33.51
20 Jan 2023$25.88$25.89$32.64
3 Feb 2023$27.00$25.87$31.79
17 Feb 2023$23.76$25.64$31.10
3 Mar 2023$19.84$24.83$30.63
17 Mar 2023$16.04$23.54$29.52
31 Mar 2023$18.28$21.57$28.22
14 Apr 2023$17.64$19.85$27.29
28 Apr 2023$16.20$18.04$26.41
12 May 2023$17.80$16.96$25.50
26 May 2023$18.96$17.04$24.31
9 Jun 2023$18.92$17.70$23.74
23 Jun 2023$19.44$18.14$23.29
7 Jul 2023$19.96$18.55$22.78
21 Jul 2023$21.12$19.36$22.42
4 Aug 2023$20.20$20.07$22.07
18 Aug 2023$22.88$20.67$21.67
1 Sep 2023$25.04$21.39$21.43
15 Sep 2023$25.76$22.59$21.41
29 Sep 2023$23.92$23.30$21.31
13 Oct 2023$22.52$23.59$21.19
27 Oct 2023$20.12$23.50$21.03
10 Nov 2023$23.48$23.26$20.80
24 Nov 2023$25.40$22.98$20.68
8 Dec 2023$25.20$23.15$20.73
22 Dec 2023$27.68$23.79$21.04
5 Jan 2024$25.00$24.60$21.47
19 Jan 2024$24.00$25.35$21.86
2 Feb 2024$24.20$25.53$22.23
16 Feb 2024$26.08$25.31$22.61
1 Mar 2024$25.60$25.54$23.02
15 Mar 2024$23.76$24.80$23.30
28 Mar 2024$23.84$24.59$23.51
12 Apr 2024$21.76$24.36$23.70
26 Apr 2024$21.64$23.96$23.80
10 May 2024$22.04$23.16$23.87
24 May 2024$21.52$22.75$23.92
7 Jun 2024$21.00$22.28$23.86
21 Jun 2024$21.08$21.80$23.74
5 Jul 2024$21.92$21.80$23.55
19 Jul 2024$20.68$21.68$23.44
2 Aug 2024$19.56$21.37$23.34
16 Aug 2024$21.68$21.23$23.32
30 Aug 2024$21.32$21.30$23.28
13 Sep 2024$20.40$21.00$23.08
27 Sep 2024$19.92$20.70$22.83
11 Oct 2024$20.12$20.36$22.48
25 Oct 2024$21.20$20.41$22.18
8 Nov 2024$14.96$20.07$21.95
22 Nov 2024$16.20$19.21$21.53
6 Dec 2024$15.52$18.34$21.11
20 Dec 2024$15.00$17.59$20.61
3 Jan 2025$15.44$16.70$20.24
17 Jan 2025$15.00$15.39$19.85
31 Jan 2025$15.40$15.35$19.49
14 Feb 2025$14.34$15.21$19.15
28 Feb 2025$16.72$15.15$18.82
14 Mar 2025$16.40$15.36$18.53
28 Mar 2025$16.76$15.86$18.34
11 Apr 2025$15.40$15.98$18.07
25 Apr 2025$15.88$16.05$17.79
9 May 2025$18.40$16.33$17.53
23 May 2025$20.28$17.13$17.51
6 Jun 2025$21.88$17.81$17.52
20 Jun 2025$21.96$18.86$17.55
3 Jul 2025$23.80$20.26$17.69
18 Jul 2025$22.92$21.78$17.85
1 Aug 2025$22.12$22.54$18.03
15 Aug 2025$24.84$23.28$18.24
29 Aug 2025$25.46$23.82$18.49
12 Sep 2025$23.32$24.03$18.86
26 Sep 2025$21.44$23.82$19.21
10 Oct 2025$19.76$23.29$19.45
24 Oct 2025$18.88$22.13$19.63
7 Nov 2025$18.52$20.87$19.80
21 Nov 2025$18.96$19.88$20.00
5 Dec 2025$18.64$19.20$20.18
19 Dec 2025$20.28$19.01$20.37
2 Jan 2026$18.56$19.12$20.49
16 Jan 2026$17.84$19.17$20.55
30 Jan 2026$16.52$18.81$20.63
13 Feb 2026$15.68$18.31$20.67
27 Feb 2026$15.36$17.75$20.64
13 Mar 2026$15.88$17.03$20.43
27 Mar 2026$15.96$16.51$20.17
10 Apr 2026$15.40$16.22$19.89
24 Apr 2026$17.24$16.32$19.57
8 May 2026$16.68$16.55$19.26
22 May 2026$15.88$16.48$18.92
5 Jun 2026$15.52$16.43$18.49
18 Jun 2026$15.52$16.31$18.07
2 Jul 2026$17.41$16.23$17.72
17 Jul 2026$17.49$16.02$17.42
31 Jul 2026$17.36$16.32$17.29
14 Aug 2026$16.34$16.42$17.18
28 Aug 2026$16.47$16.52$17.06
11 Sep 2026$16.33$16.60$16.92
25 Sep 2026$16.96$16.52$16.78
9 Oct 2026$18.11$16.43$16.65
23 Oct 2026$18.85$16.86$16.61
4 Nov 2026$18.60$17.22$16.62
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

Price stage: Sideways from Oct 2025 to May 2026; Falling from May 2026 to Oct 2026; Sideways from Oct 2026 to Nov 2026.

Price stage: Sideways from Nov 2023 to Feb 2024; Rising from Feb 2024 to Mar 2024; Sideways from Apr 2024 to Sep 2024; Falling from Oct 2024 to May 2025; Sideways from May 2025 to Sep 2025; Rising from Sep 2025 to Oct 2025; Sideways from Oct 2025 to May 2026; Falling from May 2026 to Oct 2026; Sideways from Oct 2026 to Nov 2026.

Price stage: Falling from Oct 2022 to Aug 2023; Sideways from Aug 2023 to Feb 2024; Rising in Mar 2024; Sideways from Apr 2024 to Sep 2024; Falling from Oct 2024 to Apr 2025; Sideways from May 2025 to Oct 2025; Sideways from Oct 2025 to May 2026; Falling from May 2026 to Sep 2026; Sideways from Sep 2026 to Nov 2026.

Week by week since 2021: did it beat the S&P 500 over the past 13 weeks?

Ahead in 75 of 270 weeks

Week by week since 2021: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
11 Jun 2021no S&P 500 reading
18 Jun 2021no S&P 500 reading
25 Jun 2021no S&P 500 reading
2 Jul 2021no S&P 500 reading
9 Jul 2021no S&P 500 reading
16 Jul 2021no S&P 500 reading
23 Jul 2021no S&P 500 reading
30 Jul 2021no S&P 500 reading
6 Aug 2021no S&P 500 reading
13 Aug 2021no S&P 500 reading
20 Aug 2021no S&P 500 reading
27 Aug 2021no S&P 500 reading
3 Sep 2021no S&P 500 reading
10 Sep 2021−19.7%
17 Sep 2021−13.0%
24 Sep 2021−9.7%
1 Oct 2021−26.4%
8 Oct 2021−19.0%
15 Oct 2021−18.5%
22 Oct 2021−8.1%
29 Oct 2021+9.3%
5 Nov 2021−5.9%
12 Nov 2021−13.5%
19 Nov 2021−9.1%
26 Nov 2021−16.5%
3 Dec 2021−33.7%
10 Dec 2021−39.7%
17 Dec 2021−44.3%
23 Dec 2021−41.1%
31 Dec 2021−30.9%
7 Jan 2022−35.2%
14 Jan 2022−43.3%
21 Jan 2022−50.2%
28 Jan 2022−61.8%
4 Feb 2022−58.6%
11 Feb 2022−48.9%
18 Feb 2022−50.9%
25 Feb 2022−45.0%
4 Mar 2022−42.2%
11 Mar 2022−32.8%
18 Mar 2022−27.9%
25 Mar 2022−33.0%
1 Apr 2022−30.7%
8 Apr 2022−26.8%
14 Apr 2022−12.4%
22 Apr 2022−18.3%
29 Apr 2022−4.9%
6 May 2022−14.5%
13 May 2022−10.8%
20 May 2022+9.0%
27 May 2022+4.1%
3 Jun 2022+20.6%
10 Jun 2022+3.0%
17 Jun 2022−1.9%
24 Jun 2022+5.6%
1 Jul 2022−8.2%
8 Jul 2022−4.7%
15 Jul 2022−12.2%
22 Jul 2022+3.3%
29 Jul 2022+3.1%
5 Aug 2022+34.5%
12 Aug 2022−10.2%
19 Aug 2022−31.5%
26 Aug 2022−31.1%
2 Sep 2022−30.3%
9 Sep 2022−22.5%
16 Sep 2022−27.7%
23 Sep 2022−27.7%
30 Sep 2022−9.2%
7 Oct 2022−12.1%
14 Oct 2022−16.4%
21 Oct 2022−11.3%
28 Oct 2022−13.1%
4 Nov 2022−25.1%
11 Nov 2022−4.8%
18 Nov 2022−5.9%
25 Nov 2022−10.2%
2 Dec 2022−9.3%
9 Dec 2022−12.1%
16 Dec 2022−9.7%
23 Dec 2022−14.9%
30 Dec 2022−21.3%
6 Jan 2023−22.3%
13 Jan 2023−10.0%
20 Jan 2023−19.3%
27 Jan 2023−17.6%
3 Feb 2023−12.7%
10 Feb 2023−23.2%
17 Feb 2023−13.5%
24 Feb 2023−8.7%
3 Mar 2023−26.0%
10 Mar 2023−31.7%
17 Mar 2023−40.2%
24 Mar 2023−44.0%
31 Mar 2023−32.3%
6 Apr 2023−34.5%
14 Apr 2023−36.6%
21 Apr 2023−38.0%
28 Apr 2023−42.6%
5 May 2023−36.2%
12 May 2023−26.2%
19 May 2023−27.4%
26 May 2023−24.9%
2 Jun 2023−8.3%
9 Jun 2023−4.1%
16 Jun 2023+9.8%
23 Jun 2023+26.7%
30 Jun 2023−1.7%
7 Jul 2023+8.3%
14 Jul 2023+7.6%
21 Jul 2023+13.7%
28 Jul 2023+24.2%
4 Aug 2023+8.9%
11 Aug 2023+19.1%
18 Aug 2023+23.4%
25 Aug 2023+14.9%
1 Sep 2023+23.9%
8 Sep 2023+32.5%
15 Sep 2023+30.3%
22 Sep 2023+23.9%
29 Sep 2023+26.4%
6 Oct 2023+17.3%
13 Oct 2023+13.5%
20 Oct 2023+8.0%
27 Oct 2023+2.8%
3 Nov 2023+7.9%
10 Nov 2023+4.7%
17 Nov 2023−0.1%
24 Nov 2023+8.5%
1 Dec 2023+0.0%
8 Dec 2023−5.5%
15 Dec 2023−6.8%
22 Dec 2023+5.5%
29 Dec 2023+5.5%
5 Jan 2024−0.2%
12 Jan 2024+0.7%
19 Jan 2024−2.2%
26 Jan 2024+5.2%
2 Feb 2024+0.2%
9 Feb 2024−15.5%
16 Feb 2024−0.3%
23 Feb 2024−8.4%
1 Mar 2024−11.2%
8 Mar 2024−14.7%
15 Mar 2024−15.5%
22 Mar 2024−24.1%
28 Mar 2024−24.7%
5 Apr 2024−16.6%
12 Apr 2024−20.3%
19 Apr 2024−14.1%
26 Apr 2024−17.4%
3 May 2024−12.4%
10 May 2024−8.4%
17 May 2024−19.6%
24 May 2024−22.1%
31 May 2024−19.7%
7 Jun 2024−18.0%
14 Jun 2024−20.4%
21 Jun 2024−15.9%
28 Jun 2024−12.1%
5 Jul 2024−13.9%
12 Jul 2024−10.9%
19 Jul 2024−13.5%
26 Jul 2024−7.9%
2 Aug 2024−15.5%
9 Aug 2024−5.2%
16 Aug 2024−8.4%
23 Aug 2024−6.9%
30 Aug 2024−6.7%
6 Sep 2024−7.7%
13 Sep 2024−3.7%
20 Sep 2024−6.6%
27 Sep 2024−14.1%
4 Oct 2024−15.0%
11 Oct 2024−9.8%
18 Oct 2024−5.7%
25 Oct 2024−7.7%
1 Nov 2024+12.5%
8 Nov 2024−42.3%
15 Nov 2024−33.2%
22 Nov 2024−30.1%
29 Nov 2024−34.1%
6 Dec 2024−33.5%
13 Dec 2024−28.7%
20 Dec 2024−31.2%
27 Dec 2024−30.8%
3 Jan 2025−23.6%
10 Jan 2025−27.2%
17 Jan 2025−30.2%
24 Jan 2025−33.9%
31 Jan 2025−39.6%
7 Feb 2025−0.4%
14 Feb 2025−12.9%
21 Feb 2025−9.6%
28 Feb 2025+9.1%
7 Mar 2025+9.9%
14 Mar 2025+8.8%
21 Mar 2025+22.5%
28 Mar 2025+21.4%
4 Apr 2025+10.8%
11 Apr 2025+12.9%
17 Apr 2025+13.8%
25 Apr 2025+14.7%
2 May 2025+5.8%
9 May 2025+29.1%
16 May 2025+43.1%
23 May 2025+40.9%
30 May 2025+29.5%
6 Jun 2025+30.7%
13 Jun 2025+25.1%
20 Jun 2025+18.8%
27 Jun 2025+29.7%
3 Jul 2025+36.6%
11 Jul 2025+31.5%
18 Jul 2025+30.8%
25 Jul 2025+30.1%
1 Aug 2025+33.9%
8 Aug 2025+28.8%
15 Aug 2025+14.9%
22 Aug 2025+10.5%
29 Aug 2025+8.9%
5 Sep 2025+4.4%
12 Sep 2025−1.8%
19 Sep 2025−8.0%
26 Sep 2025−16.5%
3 Oct 2025−21.1%
10 Oct 2025−18.2%
17 Oct 2025−26.5%
24 Oct 2025−24.8%
31 Oct 2025−27.8%
7 Nov 2025−34.3%
14 Nov 2025−25.8%
21 Nov 2025−25.4%
28 Nov 2025−30.7%
5 Dec 2025−30.2%
12 Dec 2025−19.0%
19 Dec 2025−13.4%
26 Dec 2025−13.6%
2 Jan 2026−11.3%
9 Jan 2026−10.5%
16 Jan 2026−6.1%
23 Jan 2026−7.9%
30 Jan 2026−10.3%
6 Feb 2026−11.6%
13 Feb 2026−21.1%
20 Feb 2026−15.2%
27 Feb 2026−20.2%
6 Mar 2026−11.8%
13 Mar 2026−16.8%
20 Mar 2026−14.8%
27 Mar 2026−9.8%
2 Apr 2026−10.4%
10 Apr 2026−16.5%
17 Apr 2026−4.2%
24 Apr 2026−6.3%
1 May 2026+0.7%
8 May 2026−8.2%
15 May 2026−11.2%
22 May 2026−14.5%
29 May 2026−4.5%
5 Jun 2026−13.2%
12 Jun 2026−15.5%
18 Jun 2026−20.0%
26 Jun 2026−10.2%
2 Jul 2026−3.9%
10 Jul 2026−8.1%
17 Jul 2026−5.1%
24 Jul 2026−4.5%
31 Jul 2026−3.4%
7 Aug 2026−9.1%
14 Aug 2026+2.2%
21 Aug 2026+0.3%
28 Aug 2026−0.3%
4 Sep 2026+2.4%
11 Sep 2026+3.6%
18 Sep 2026−1.7%
25 Sep 2026−4.4%
2 Oct 2026−8.3%
9 Oct 2026+11.0%
16 Oct 2026+4.2%
23 Oct 2026+7.6%
30 Oct 2026+3.1%
4 Nov 2026+17.4%
Each bar is one week, from 2021 to now (270 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 5.4 years the share price moved −85% while the S&P 500 moved +81%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Marqeta pay?

Marqeta, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Which stock lists is Marqeta on?

Marqeta is on one of our US lists: US tech stocks.

Is Marqeta profitable?

Marqeta, Inc. earned $7.6 M of net profit in the Jun 2026 quarter. The full FY25 year was a loss of $13.9 M. That is 4.3% of the quarter's revenue. The same quarter a year earlier lost $647 K. 9 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY25 profit was −$13.9 M (−151.0% on the year before).

FY25 profit −$13.9 M (−151.0% on the year before)

  • Net profit −$13.9 M
FY25 profit −$13.9 M (−151.0% on the year before)
QuarterNet profit
FY21−$164 M
FY22−$185 M
FY23−$223 M
FY24$27.3 M
FY25−$13.9 M

Growth on a year earlier

  • Growth on a year earlier −151%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22–
FY23–
FY24–
FY25−151%
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $7.6 M

  • Net profit (quarterly) $7.6 M
Jun 2026: $7.6 M
QuarterNet profit (quarterly)
Sep 2023−$55.0 M
Dec 2023−$40.4 M
Mar 2024−$36.1 M
Jun 2024$119 M
Sep 2024−$28.6 M
Dec 2024−$27.1 M
Mar 2025−$8.3 M
Jun 2025−$0.6 M
Sep 2025−$3.6 M
Dec 2025−$1.4 M
Mar 2026$7.8 M
Jun 2026$7.6 M

Growth on a year earlier

  • Growth on a year earlier −100.5%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024–
Dec 2024–
Mar 2025–
Jun 2025−100.5%
Sep 2025–
Dec 2025–
Mar 2026–
Jun 2026–
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

How much revenue does Marqeta make, and is it growing?

Marqeta, Inc. reported $176 M of revenue in the Jun 2026 quarter, +17.0% on the same quarter a year earlier. That is the 8th quarter in a row with growth on the year before. Over 4 years it has grown 4.8% a year on average. The last full year, FY25, came in at $625 M.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to $677 M.

FY25 revenue was $625 M, +23.3% on the year before.

FY25 revenue $625 M (+23.3% on the year before), 4.8% a year over 4 years

  • Revenue $625 M
FY25 revenue $625 M (+23.3% on the year before), 4.8% a year over 4 years
QuarterRevenue
FY21$517 M
FY22$748 M
FY23$676 M
FY24$507 M
FY25$625 M

Growth on a year earlier

  • Growth on a year earlier 23.3%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2244.7%
FY23−9.6%
FY24−25%
FY2523.3%
Top: revenue each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $176 M (+17.0% on a year earlier), the 8th quarter in a row of growth

  • Revenue (quarterly) $176 M
Jun 2026: $176 M (+17.0% on a year earlier), the 8th quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023$109 M
Dec 2023$119 M
Mar 2024$118 M
Jun 2024$125 M
Sep 2024$128 M
Dec 2024$136 M
Mar 2025$139 M
Jun 2025$150 M
Sep 2025$163 M
Dec 2025$172 M
Mar 2026$166 M
Jun 2026$176 M

Growth on a year earlier

  • Growth on a year earlier 17%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023−43.2%
Dec 2023−41.7%
Mar 2024−45.7%
Jun 2024−45.8%
Sep 202417.5%
Dec 202414.3%
Mar 202517.9%
Jun 202520.1%
Sep 202527.6%
Dec 202526.7%
Mar 202619.2%
Jun 202617%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +22.6% on average, against 4.8% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +22.4%, against +19.9% a year over the last 8 quarters (stabilising).

How much of every $100 of sales does Marqeta keep?

Marqeta, Inc.'s operating margin was 2.5% in the Jun 2026 quarter, 7.3 percentage points higher than the same quarter a year ago. Across 5 years it has been between −41.4% and −4.8%. The latest quarter is above every full year in that period.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +7.3 percentage points on the year while gross margin changed +0.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

FY25: −6.6%, within a range of −41.4% to −4.8% over 5 years

  • Operating margin −6.6%
FY25: −6.6%, within a range of −41.4% to −4.8% over 5 years
QuarterOperating margin
FY21−31.3%
FY22−28%
FY23−41.4%
FY24−4.8%
FY25−6.6%

Change on the year before (points)

  • Change on the year before (points) −1.8 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22+3.3 pts
FY23−13.4 pts
FY24+36.6 pts
FY25−1.8 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jun 2026: operating margin 2.5% (+7.3 points on a year earlier)

  • Operating margin 2.5%
Jun 2026: operating margin 2.5% (+7.3 points on a year earlier)
QuarterOperating margin
Sep 2023−64.1%
Dec 2023−44.6%
Mar 2024−42.3%
Jun 202483.9%
Sep 2024−33%
Dec 2024−27.6%
Mar 2025−11.6%
Jun 2025−4.8%
Sep 2025−3%
Dec 2025−7.7%
Mar 20261.8%
Jun 20262.5%

Change on a year earlier (points)

  • Change on a year earlier (points) +7.3 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023−33.1 pts
Dec 2023−17.9 pts
Mar 2024−2.1 pts
Jun 2024+113.9 pts
Sep 2024+31.1 pts
Dec 2024+17.0 pts
Mar 2025+30.7 pts
Jun 2025−88.7 pts
Sep 2025+30.0 pts
Dec 2025+19.9 pts
Mar 2026+13.4 pts
Jun 2026+7.3 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Marqeta's profit turning into cash?

Marqeta, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $163 M of operating cash against −$13.9 M of profit. After $1.8 M of spending on assets, $161 M was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $163 M against profit −$13.9 M

  • Operating cash $163 M
  • Net profit −$13.9 M
  • Free cash $161 M
FY25: operating cash $163 M against profit −$13.9 M
QuarterOperating cashNet profitFree cash
FY21$57.0 M−$164 M$54.2 M
FY22−$13.0 M−$185 M−$15.3 M
FY23$21.1 M−$223 M$20.3 M
FY24$58.2 M$27.3 M$55.8 M
FY25$163 M−$13.9 M$161 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jun 2026: operating cash $63.2 M = 835% of the quarter's profit

  • Operating cash (quarterly) $63.2 M
Jun 2026: operating cash $63.2 M = 835% of the quarter's profit
QuarterOperating cash (quarterly)
Sep 2023$41.1 M
Dec 2023$16.5 M
Mar 2024$0.4 M
Jun 2024$25.7 M
Sep 2024$7.3 M
Dec 2024$24.8 M
Mar 2025$10.0 M
Jun 2025$12.5 M
Sep 2025$86.8 M
Dec 2025$53.3 M
Mar 2026−$3.4 M
Jun 2026$63.2 M

Operating cash as % of profit

  • Operating cash as % of profit 835%
Operating cash as % of profit
QuarterOperating cash as % of profit
Sep 2023–
Dec 2023–
Mar 2024–
Jun 202422%
Sep 2024–
Dec 2024–
Mar 2025–
Jun 2025–
Sep 2025–
Dec 2025–
Mar 2026−43%
Jun 2026835%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Marqeta's cash go?

Marqeta, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $5.0 M on assets over the last 3 years. Averaged over those years that is 0.3% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $5.0 M over the last 3 years.

FY25: capex $1.8 M, steady spending

  • Capex $1.8 M
FY25: capex $1.8 M, steady spending
QuarterCapex
FY21$2.7 M
FY22$2.3 M
FY23$0.8 M
FY24$2.4 M
FY25$1.8 M
Capital spending each year, $ M.

Jun 2026: capex $0.2 M in the quarter

  • Capex (quarterly) $0.2 M
Jun 2026: capex $0.2 M in the quarter
QuarterCapex (quarterly)
Sep 2023$0.1 M
Dec 2023$0
Mar 2024$1.2 M
Jun 2024$1.0 M
Sep 2024$0.2 M
Dec 2024$0
Mar 2025$1.3 M
Jun 2025$0.3 M
Sep 2025$0.4 M
Dec 2025$0.2 M
Mar 2026$1.3 M
Jun 2026$0.2 M

Free cash

  • Free cash $63.0 M
Free cash
QuarterFree cash
Sep 2023$41.0 M
Dec 2023$16.5 M
Mar 2024−$0.8 M
Jun 2024$24.7 M
Sep 2024$7.1 M
Dec 2024$24.7 M
Mar 2025$8.7 M
Jun 2025$12.2 M
Sep 2025$86.4 M
Dec 2025$53.5 M
Mar 2026−$4.6 M
Jun 2026$63.0 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: most of the cash goes on covering the loss, not on new assets; spending on assets is small next to it.

What is Marqeta's P/E ratio, and how does it compare with its own history?

Marqeta, Inc.'s P/E is 15.5×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 15.5× against a usual —: with too little history to compare

  • P/E 189.8×
P/E 15.5× against a usual —: with too little history to compare
WeekP/E
4 Oct 2024203.8×
11 Oct 2024211.8×
18 Oct 2024219.4×
25 Oct 2024223.2×
1 Nov 2024246.3×
8 Nov 2024157.5×
15 Nov 2024165.5×
22 Nov 2024170.5×
29 Nov 2024163.4×
6 Dec 2024163.4×
13 Dec 2024169.3×
20 Dec 2024157.9×
27 Dec 2024153.7×
3 Jan 202582.1×
10 Jan 202578.1×
17 Jan 202579.8×
24 Jan 202580.2×
31 Jan 202581.9×
7 Feb 202579.6×
14 Feb 202576.3×
21 Feb 202578.5×
28 Feb 202588.9×
7 Mar 202586.4×
14 Mar 202587.2×
21 Mar 202594.0×
28 Mar 202589.2×
4 Apr 202537.0×
11 Apr 202538.4×
17 Apr 202538.1×
25 Apr 202539.6×
2 May 202538.4×
9 May 202545.9×
16 May 202550.3×
23 May 202550.6×
30 May 202553.7×
6 Jun 202554.6×
13 Jun 202553.7×
20 Jun 202554.8×
27 Jun 202558.6×
3 Jul 202559.4×
11 Jul 202557.0×
18 Jul 202557.2×
25 Jul 202557.8×
1 Aug 202555.2×
8 Aug 202565.0×
15 Aug 202562.0×
22 Aug 202561.6×
29 Aug 202563.5×
5 Sep 202561.4×
12 Sep 202558.1×
19 Sep 202556.8×
26 Sep 202553.5×
3 Oct 202551.0×
10 Oct 202549.3×
17 Oct 202545.4×
24 Oct 202547.1×
31 Oct 202545.2×
2 Apr 2026721.8×
10 Apr 2026700.0×
17 Apr 2026787.3×
24 Apr 2026783.6×
1 May 2026787.3×
8 May 2026758.2×
15 May 2026692.7×
22 May 2026721.8×
29 May 2026738.2×
5 Jun 2026705.5×
12 Jun 2026696.4×
18 Jun 2026705.5×
26 Jun 2026760.0×
2 Jul 2026177.7×
10 Jul 2026161.9×
17 Jul 2026178.5×
24 Jul 2026174.2×
31 Jul 2026177.1×
7 Aug 2026162.9×
14 Aug 2026166.7×
21 Aug 2026166.9×
28 Aug 2026168.1×
4 Sep 2026169.2×
11 Sep 2026166.6×
18 Sep 2026158.9×
25 Sep 2026173.1×
2 Oct 2026168.9×
9 Oct 2026184.8×
16 Oct 2026190.7×
23 Oct 2026192.3×
30 Oct 2026184.7×
4 Nov 2026189.8×

Earnings per share, 12 months

  • Earnings per share, 12 months $0.10
Earnings per share, 12 months
WeekEarnings per share, 12 months
4 Oct 2024–
11 Oct 2024–
18 Oct 2024–
25 Oct 2024–
1 Nov 2024–
8 Nov 2024–
15 Nov 2024–
22 Nov 2024–
29 Nov 2024–
6 Dec 2024–
13 Dec 2024–
20 Dec 2024–
27 Dec 2024$0.10
3 Jan 2025$0.10
10 Jan 2025$0.10
17 Jan 2025$0.10
24 Jan 2025$0.10
31 Jan 2025$0.10
7 Feb 2025$0.10
14 Feb 2025$0.10
21 Feb 2025$0.10
28 Feb 2025$0.10
7 Mar 2025$0.10
14 Mar 2025$0.10
21 Mar 2025$0.10
28 Mar 2025$0.19
4 Apr 2025$0.19
11 Apr 2025$0.19
17 Apr 2025$0.19
25 Apr 2025$0.19
2 May 2025$0.19
9 May 2025$0.19
16 May 2025$0.19
23 May 2025$0.19
30 May 2025$0.19
6 Jun 2025$0.19
13 Jun 2025$0.19
20 Jun 2025$0.19
27 Jun 2025$0.40
3 Jul 2025$0.40
11 Jul 2025$0.40
18 Jul 2025$0.40
25 Jul 2025$0.40
1 Aug 2025$0.40
8 Aug 2025$0.40
15 Aug 2025$0.40
22 Aug 2025$0.40
29 Aug 2025$0.40
5 Sep 2025$0.40
12 Sep 2025$0.40
19 Sep 2025$0.40
26 Sep 2025$0.40
3 Oct 2025$0.40
10 Oct 2025$0.40
17 Oct 2025$0.40
24 Oct 2025$0.40
31 Oct 2025$0.40
2 Apr 2026$0.40
10 Apr 2026$0.40
17 Apr 2026$0.40
24 Apr 2026$0.40
1 May 2026$0.40
8 May 2026$0.40
15 May 2026$0.40
22 May 2026$0.40
29 May 2026$0.40
5 Jun 2026$0.40
12 Jun 2026$0.40
18 Jun 2026$0.40
26 Jun 2026$0.02
2 Jul 2026$0.02
10 Jul 2026$0.02
17 Jul 2026$0.02
24 Jul 2026$0.02
31 Jul 2026$0.02
7 Aug 2026$0.02
14 Aug 2026$0.02
21 Aug 2026$0.02
28 Aug 2026$0.02
4 Sep 2026$0.02
11 Sep 2026$0.02
18 Sep 2026$0.02
25 Sep 2026$0.10
2 Oct 2026$0.10
9 Oct 2026$0.10
16 Oct 2026$0.10
23 Oct 2026$0.10
30 Oct 2026$0.10
4 Nov 2026$0.10
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 2.1 years of history; short peaks above 787× are drawn at the top edge.
15.5×P/E · too little history to compare
0.14PEG · today, derived from 3-year earnings growth

Why the multiple is where it is: over the past year earnings per share moved −157.3% while the price moved +0.4%. The price did better than earnings, which pushed the multiple up within its own range.

In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.

Is the Marqeta business getting better or worse?

Marqeta, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +23.3% in FY25, profit −151.0%

  • Revenue growth 23.3%
Growth year by year: revenue +23.3% in FY25, profit −151.0%
QuarterRevenue growth
FY21–
FY2244.7%
FY23−9.6%
FY24−25%
FY2523.3%

Profit growth, EPS growth

  • Profit growth −151%
  • EPS growth −157.3%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY22––
FY23––
FY24––
FY25−151%−157.3%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue stabilising

  • Revenue 22.4%
Three growth lines over twelve quarters: revenue stabilising
QuarterRevenue
Sep 20238.8%
Dec 2023−9.6%
Mar 2024−27.9%
Jun 2024−44.2%
Sep 2024−35.6%
Dec 2024−25%
Mar 2025−8.4%
Jun 202517.5%
Sep 202520.1%
Dec 202523.3%
Mar 202623.4%
Jun 202622.4%

Profit, EPS

  • Profit −96.1%
  • EPS −94.6%
Profit, EPS
QuarterProfitEPS
Sep 2023––
Dec 2023––
Mar 2024––
Jun 2024––
Sep 2024––
Dec 2024––
Mar 2025––
Jun 2025––
Sep 2025−300%−300%
Dec 2025−151%−161.8%
Mar 2026−96.1%−94.6%
Jun 2026––
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE −1.4%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 2023−19.9%
Dec 2023−20.4%
Mar 2024−18.2%
Jun 2024−5.3%
Sep 2024−3.3%
Dec 2024−2.1%
Mar 20250.8%
Jun 2025−10.3%
Sep 2025−6.7%
Dec 2025−4.4%
Mar 2026−2.6%
Jun 2026−1.4%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
FlatRevenue growth · latest +22.4%, range −44.2% to +23.4%
RisingROCE · latest −1.4%, range −20.4% to 0.8%

Why it matters: with too little history, we say so rather than guess a direction.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+23.3%−5.8%——
Stock price+0.4%−4.3%−29.8%—
+17.0%Revenue growth (Jun 2026) · latest quarter against a year ago
4.8%Revenue, 4 years · yearly growth over the long run

How much does Marqeta earn on its capital?

Marqeta, Inc. earned a ROE of −2% in FY25. That is up from a low of −18% in FY23. Its return on capital used (ROIC) is left out: on sales this small it reads −1,595%, a number that says nothing useful about the business. It comes from a −2.2% net margin and 0.41× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY25): a −2.2% net margin × 0.41× asset turnover × 2.00× leverage (assets divided by equity) ≈ −1.8% on equity. The margin does its share; borrowing is a big part of it.

FY25: ROE −2%, the climb back from FY23's −18%

  • ROE −1.8%
  • Cost of capital 11.3%
FY25: ROE −2%, the climb back from FY23's −18%
QuarterROECost of capital
FY21−10.4%11.3%
FY22−12.5%11.3%
FY23−17.9%11.3%
FY242.5%11.3%
FY25−1.8%11.3%
Return on equity each year, % (line). 5-year window, low years included. The flat line is the 11.3% cost of capital used on this page.

Jun 2026: ROE 1.5% (last 12 months)

  • ROE (12 months) 1.5%
Jun 2026: ROE 1.5% (last 12 months)
QuarterROE (12 months)
Sep 2023−56.8%
Dec 2023−59.3%
Mar 2024−64.9%
Jun 2024−57.8%
Sep 2024−0.5%
Dec 20245.8%
Mar 20258.6%
Jun 202517.2%
Sep 2025−23.6%
Dec 2025−15.1%
Mar 2026−5.9%
Jun 20261.5%
ROE over the last 12 months, each quarter, %. Last 12 quarters, lined up with the yearly figure.

Does Marqeta have too much debt?

Marqeta, Inc. has total debt of $6.7 M against shareholder equity of $716 M as of Jun 2026, so its debt is 0.01× its equity, which is very little. Year by year, that ratio went from 0.01 in FY21 to 0.01 in FY25. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $8.6 M, 0.01× equity

  • Total debt $8.6 M
FY25: debt $8.6 M, 0.01× equity
QuarterTotal debt
FY21$15.4 M
FY22$12.4 M
FY23$9.0 M
FY24$5.5 M
FY25$8.6 M

Debt-to-equity

  • Debt-to-equity 0.01×
Debt-to-equity
QuarterDebt-to-equity
FY210.01×
FY220.01×
FY230.01×
FY240.01×
FY250.01×
Top: total debt each year, $ M. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt $6.7 M, debt-to-equity 0.01

  • Total debt (quarterly) $6.7 M
Jun 2026: debt $6.7 M, debt-to-equity 0.01
QuarterTotal debt (quarterly)
Sep 2023$9.9 M
Dec 2023$9.0 M
Mar 2024$8.1 M
Jun 2024$7.7 M
Sep 2024$6.6 M
Dec 2024$5.5 M
Mar 2025$4.4 M
Jun 2025$6.7 M
Sep 2025$7.9 M
Dec 2025$8.6 M
Mar 2026$7.4 M
Jun 2026$6.7 M

Debt-to-equity

  • Debt-to-equity 0.01×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.01×
Dec 20230.01×
Mar 20240.01×
Jun 20240.01×
Sep 20240.01×
Dec 20240.01×
Mar 20250.00×
Jun 20250.01×
Sep 20250.01×
Dec 20250.01×
Mar 20260.01×
Jun 20260.01×
Top: total debt each quarter, $ M. Below: debt-to-equity, ×. Last 12 quarters.

What is the Marqeta shareholding pattern?

5.0% of Marqeta, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

5.0%Short interest · of the tradable float
4.6Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Marqeta from balance-sheet trouble?

For Marqeta, Inc., the Z-score is 1.86. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 1.86 is in the grey area, neither clearly safe nor clearly in trouble.

How does Marqeta rank in its industry?

There is no score against its industry: Marqeta, Inc. is not among the largest members shown in this industry comparison for Software - Infrastructure.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

Which companies is Marqeta compared with?

No sector comparison is shown here, not among the largest members shown in this industry comparison.

Which companies are close to Marqeta in size?

Marqeta is the 67th largest of 117 Software - Infrastructure companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Calix, Inc., GigaCloud Technology Inc. and EVERTEC, Inc. Just below it: Infleqtion, Inc., C3.ai, Inc. and Nayax.

Software - Infrastructure companies close in size

  1. Calix, Inc. $2.1 billion
  2. GigaCloud Technology Inc. $2.1 billion
  3. EVERTEC, Inc. $2.1 billion
  4. Marqeta, Inc. $1.9 billion
  5. Infleqtion, Inc. $1.9 billion
  6. C3.ai, Inc. $1.9 billion
  7. Nayax Ltd. $1.9 billion

All 117 Software - Infrastructure companies, largest first

Companies close in size in other industries

  1. Getty Realty Corp. $1.9 billion · REIT - Retail
  2. Blue Bird Corporation $1.9 billion · Farm & Heavy Construction Machinery
  3. Marqeta, Inc. $1.9 billion
  4. The Bancorp, Inc. $1.9 billion · Banks - Regional
  5. Inspire Medical Systems, Inc. $1.9 billion · Medical Devices

What else do people ask about Marqeta?

What were Marqeta's latest quarterly results?

Marqeta, Inc. reported revenue of $176 M and net profit of $7.6 M for the Jun 2026 quarter. Earnings per share were $0.07. The operating margin was 2.5%, 7.3 percentage points higher than a year earlier (as of 4 November 2026).

What is Marqeta's market cap?

Marqeta, Inc.'s market capitalisation is $1.9 B at a stock price of $18.60. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Marqeta performing?

Marqeta, Inc.'s share price has been stalling near its high for 5 weeks. Over the past 13 weeks it has done better than the S&P 500, for 5 weeks running. This describes what the data did, not a rating (as of 4 November 2026).

Will Marqeta's stock price go up?

This page does not forecast Marqeta, Inc.'s stock price. What it shows instead: the stock price is $18.60, and it has been stalling near its high for 5 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).

Where is Marqeta in its business cycle?

Marqeta, Inc.'s FY25 operating margin was −6.6%, against a 5-year range of −41.4% to −4.8%: the middle of its own range, neither a peak nor a low. The latest quarter was 2.5%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Marqeta story?

The main question: the share price moved +0.4% in a year while yearly earnings per share moved −157.3%. The difference came from the market paying a higher multiple.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Marqeta a stock worth studying right now?

What the numbers show: Marqeta, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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