MQ Q4 2023 Earnings — Marqeta, Inc. Revenue & Financial Results | Market Cap Arena

MQMarqeta, Inc.

$2B

Q4 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$119M-41.7% YoY

Gross Profit

$83M70.0% margin

Operating Income

-$56M-47.4% margin

Net Income

-$40M-34.0% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

+9.1%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$14M

Stock-Based Comp.

$45M

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	$119M	$204M	-41.7%
Gross Profit	$83M	$87M	-4.5%
Operating Income	-$56M	-$54M	-3.7%
Net Income	-$40M	-$26M	-53.4%

Revenue Segments

Platform Service Revenue, Net

$114M96%

Other Services Revenue

$5M4%