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Companies / Technology / Marqeta, Inc.
MQ

Marqeta, Inc.

TechnologyPrepackaged Software
Ticker MQOAKLAND, CAFiscal year ends DecemberBook value per share $6.65Diluted shares 107.6M

Marqeta, Inc. (Nasdaq: MQ) operates a modern, cloud-based payment platform that enables customers to build and scale customized card issuing and payment processing programs. The company's website is www.marqeta.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$624.88M
+23.3% year over year
Last 12 mo $677.21M
-7.43%
−2.6 percentage points
Last 12 mo -1.91%
$-13.93M
−151.0% year over year
Last 12 mo $10.38M
-1.83%
−4.3 percentage points
Last 12 mo 1.45%
Cash & financing
$162.62M
+179.6% year over year
Last 12 mo $199.90M
$132.36M
+258.1% year over year
Last 12 mo $167.20M
—
462.2M
−10.9% year over year
Last 12 mo 107.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Marqeta, Inc. does

In the company’s own words

Marqeta, Inc. (Nasdaq: MQ) operates a modern, cloud-based payment platform that enables customers to build and scale customized card issuing and payment processing programs. The company's website is www.marqeta.com.

The platform provides a comprehensive suite of services across debit, prepaid, and credit card programs, complemented by banking and money movement capabilities, risk management tools, and rewards products. Marqeta's core offering centers on issuer processor services delivered through open APIs, allowing customers to embed payment experiences directly into their applications and websites. The company also provides bank and network management services, program management including chargebacks and dispute resolution, and value-added services such as tokenization, fraud management, and digital banking capabilities.

Marqeta serves customers across multiple industry verticals including financial services, on-demand services, lending, expense management, and e-commerce enablement. The company emphasizes embedded finance as a significant growth opportunity, enabling non-financial services businesses to offer financial products natively integrated into their existing customer experiences. Notable customers include Block, Inc., which represents a significant portion of revenue through Cash App, Square Debit Card, and Square Card Canada programs, as well as Afterpay following Block's acquisition.

The company processes transactions through relationships with major card networks including Visa, Mastercard, and PULSE, and works with issuing banks such as Sutton Bank to facilitate card issuance and settlement. Following the acquisition of TransactPay, Marqeta operates as a licensed e-money institution in the UK, Gibraltar, and the EEA, expanding its European capabilities.

As of December 31, 2025, Marqeta employed 938 people. The platform processed total payment volume of $382.5 billion in 2025, reflecting year-over-year growth of 31 percent. The company is certified to operate in more than 40 countries worldwide, supporting a global customer base seeking flexible, configurable payment solutions at scale.

Company details
Sector
Technology
Industry
Prepackaged Software
Headquarters
OAKLAND, CA
Fiscal year end
December
CIK
1522540
SIC
7372

Financial performance, year by year

Fiscal 2021–2025 · USD
$-320.08M$-28.73M$262.62M$553.97M$845.32M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Marqeta, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

196
funds hold it
0 of 35
superinvestors hold it
$572.21M
held by funds, at market

Largest fund holders · Marqeta, Inc.’s weight in each

T. Rowe Price Mid-Cap Value Fund, Inc.
TRMCX · T. ROWE PRICE MID-CAP VALUE FUND, INC.
0.50%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.05%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.02%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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