MQMarqeta, Inc.

$2B

Q2 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$125M-45.8% YoY

Gross Profit

$79M63.3% margin

Operating Income

$105M83.9% margin

Net Income

$119M95.1% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

+6.2%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$20M

Stock-Based Comp.

$36M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$346M

Stockholders' Equity

$1.1B

Cash & Equivalents

$925M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$125M	$231M	-45.8%
Gross Profit	$79M	$85M	-6.2%
Operating Income	$105M	-$69M	+251.3%
Net Income	$119M	-$59M	+302.6%

Revenue Segments

Platform Service Revenue, Net

$119M95%

Other Services Revenue

$6M5%

MQ Q2 2024 Earnings — Marqeta, Inc. Revenue & Financial Results | Market Cap Arena