MQ FY 2023 Earnings — Marqeta, Inc. Revenue & Financial Results | Market Cap Arena

MQMarqeta, Inc.

$2B

FY 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$676M-9.6% YoY

Gross Profit

$330M48.7% margin

Operating Income

-$283M-41.9% margin

Net Income

-$223M-33.0% margin

EPS (Diluted)

$-0.42

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

$8M

Stock-Based Comp.

$181M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$346M

Stockholders' Equity

$1.2B

Cash & Equivalents

$981M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$676M	$748M	-9.6%
Gross Profit	$330M	$320M	+3.0%
Operating Income	-$283M	-$210M	-34.9%
Net Income	-$223M	-$185M	-20.7%