MQ Q4 2025 Earnings — Marqeta, Inc. Revenue & Financial Results | Market Cap Arena

MQMarqeta, Inc.

$2B

Q4 2025 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$172M+26.7% YoY

Gross Profit

$120M69.7% margin

Operating Income

-$8M-4.8% margin

Net Income

-$1M-0.8% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$53M

Free Cash Flow

$34M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$763M

Stockholders' Equity

$762M

Cash & Equivalents

$982M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$172M	$136M	+26.7%
Gross Profit	$120M	$98M	+22.2%
Operating Income	-$8M	-$37M	+77.8%
Net Income	-$1M	-$27M	+94.9%

Revenue Segments

Platform Service Revenue, Net

$163M95%

Other Services Revenue

$9M5%