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Marqeta, Inc.

$15.95 ▼ -0.73 (-4.38%) at close

8 Visible periods

26 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Weak

Bearish

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Analytical Summary

Marqeta, Inc. faces fundamental challenges with weakness in Operating Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $7.4B

Dividend Yield —

Revenue Growth 23.3% ↗

Op. Margin -7.4% ↘

ROIC -6.4% ↘

FCF / Share $0.35 ↗

Trailing P/E —

Price / Book 9.7x

FCF Yield 2.2%

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

8-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$624.88M

↑ +23.3% —

Net Income Profit after all expenses

$-13.93M

↓ -151.0% —

Operating Margin Operating profit as % of sales

-7.4%

↓ -54.0% 17th

FCF / Share Free cash flow per share

$0.35

↑ +218.9% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↑

Returns ↑

Cash Quality ↓

Financial view

Statement lens

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Cadence

Annual Quarterly

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📈 Is growth accelerating? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Revenue Growth YoY (%)	23.3% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+94%)	-25.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-308%)	-9.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-180%)	44.7% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+272%)	78.2% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+551%)	102.6% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+755%)	—	—
Net Income Growth YoY (%)	N/M	N/M	-20.7% Weak ↑ Weak Improving Year-over-year change in net income	-12.7% Weak ↑ Weak Improving Year-over-year change in net income	-243.7% Weak Weak Year-over-year change in net income	18.0% Good Good Year-over-year change in net income	—	—
FCF Growth YoY (%)	218.9% Excellent Excellent Year-over-year change in free cash flow	185.6% Excellent Excellent Year-over-year change in free cash flow	N/M	N/M	-61.6% Weak Weak Year-over-year change in free cash flow	N/M	—	—
Revenue CAGR 3Y (%)	-5.8% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-0.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	32.6% Excellent Excellent Compound annual revenue growth over 3 years	73.5% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	16.6% Excellent Excellent Compound annual revenue growth over 5 years	28.8% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Operating Margin (%) (%)	-7.4% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-137%)	-4.8% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-124%)	-41.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-309%)	-28.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-240%)	-31.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-257%)	-16.2% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-181%)	-41.1% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-305%)	—
Effective Tax Rate (%) (%)	-4.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	2.8% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	3.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.1% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.4% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.2% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	-2.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-115%)	5.4% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-64%)	-33.0% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-320%)	-24.7% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-265%)	-31.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-311%)	-16.4% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-210%)	-40.6% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-371%)	—
FCF Margin (%) (%)	25.7% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	11.0% Fair ↑ Fair Improving Free cash flow as a percentage of revenue Optimal: > 10%	3.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-2.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	10.5% Fair ↑ Fair Improving Free cash flow as a percentage of revenue Optimal: > 10%	16.5% Good Good Free cash flow as a percentage of revenue Optimal: > 10%	-14.2% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	-11.55x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	2.04x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-0.09x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.08x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.33x Weak → Weak Stable Free cash flow relative to reported net income Optimal: > 1x	-1.00x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	0.35x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Return on Invested Capital (%)	-6.4% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-2.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-22.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-14.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-10.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	22.1% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	29.7% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-3.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-1.7% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-17.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-11.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-8.9% Weak Weak Operating profit relative to total assets Optimal: > 10%	-10.3% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-1.8% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-110%)	2.5% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-86%)	-17.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-197%)	-12.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-168%)	-10.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-156%)	22.3% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+21%)	29.3% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+59%)	—

⚖️ Is the balance sheet risky? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Interest Coverage (x)	—	—	—	—	—	—	-185.69x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$-709.44M	$-923.02M	$-980.97M	$-1.18B	$-1.25B	$-220.43M	$-60.34M	—

📊 What does each share earn? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Revenue per Share (USD)	$1.35	$0.99	$1.27	$1.37	$1.43	$2.36	$1.26	—
Free Cash Flow per Share (USD)	$0.35	$0.11	$0.04	$-0.03	$0.15	$0.39	$-0.18	—
Book Value per Share (USD)	$1.65	$2.12	$2.33	$2.70	$4.34	$-1.74	$-1.74	—
Tangible Book Value per Share (USD)	$1.20	$1.82	$2.04	$2.70	$4.34	$-1.74	$-1.74	—
Basic Weighted Avg Shares (shares)	462.17M	511.06M	532.54M	545.40M	362.76M	122.93M	113.85M	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Working Capital (USD)	$486.26M	$878.31M	$1.05B	$1.46B	$1.56B	$289.81M	—	—
Total Equity (USD)	$761.96M	$1.09B	$1.24B	$1.47B	$1.57B	$-213.72M	$-198.41M	$-84.91M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Sales/Revenue/Turnover (USD)	$624.88M	$507.00M	$676.17M	$748.21M	$517.17M	$290.29M	$143.27M	—
Depreciation Expense (USD)	$27.16M	$17.46M	$10.74M	$3.85M	$3.53M	$3.50M	$3.08M	—
Net Income, GAAP (USD)	$-13.93M	$27.29M	$-222.96M	$-184.78M	$-163.93M	$-47.70M	$-58.20M	—
Operating Cash Flow (USD)	$162.62M	$58.17M	$21.10M	$-12.97M	$56.97M	$50.27M	$-15.43M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 8 years · 27 quarters

Marqeta, Inc.

Analytical Summary

8-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

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