Marqeta (MQ) Accumulated Expenses (2020 - 2026)
Marqeta's Accumulated Expenses came in at $178.53 million for Q2 2026, up 12.8% from $158.22 million a year earlier but down 0.8% from the prior quarter.
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Analysis
Marqeta (MQ) Accumulated Expenses (2020 - 2026) Analysis & Trends
At the end of FY2025, Marqeta's Accumulated Expenses was $215.79 million, up 21.9% from FY2024.
- Accumulated Expenses has increased in each of the last five years, with a five-year compound annual growth rate of 28.9% (FY2020 to FY2025).
- Going back by year, Accumulated Expenses was $177.06 million in FY2024 (+9.6%), $161.51 million in FY2023 (+18.0%), $136.89 million in FY2022 (+20.0%) and $114.1 million in FY2021 (+88.4%).
- The five-year range for quarterly Accumulated Expenses is $97.61 million (Q3 2021) to $215.79 million (Q4 2025).
- Year-over-year, Accumulated Expenses has increased for five consecutive quarters, with growth averaging 12.1% over the last eight quarters.
- The fastest year-over-year change in Accumulated Expenses over five years came in Q4 2021 (growth of 88.4%), and the weakest in Q2 2024 (a decline of 16.8%).
- Business Quant data shows MQ's Accumulated Expenses at $179.91 million (Q1 2026), $215.79 million (Q4 2025) and $196.36 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn |
| 10 | Marqeta | 1.77 Bn | -1.25 Bn | 121.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 178.53 Mn |
| Mar 31, 2026 | 179.91 Mn |
| Dec 31, 2025 | 215.79 Mn |
| Sep 30, 2025 | 196.36 Mn |
| Jun 30, 2025 | 158.22 Mn |
| Mar 31, 2025 | 146.01 Mn |
| Dec 31, 2024 | 177.06 Mn |
| Sep 30, 2024 | 165.47 Mn |
| Jun 30, 2024 | 157.74 Mn |
| Mar 31, 2024 | 147.80 Mn |
| Dec 31, 2023 | 161.51 Mn |
| Sep 30, 2023 | 148.68 Mn |
| Jun 30, 2023 | 189.67 Mn |
| Mar 31, 2023 | 176.46 Mn |
| Dec 31, 2022 | 136.89 Mn |
| Sep 30, 2022 | 131.40 Mn |
| Jun 30, 2022 | 110.52 Mn |
| Mar 31, 2022 | 102.15 Mn |
| Dec 31, 2021 | 114.10 Mn |
| Sep 30, 2021 | 97.61 Mn |
API Access
Marqeta Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "MQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();