Marqeta (MQ) EV to FCF (2021 - 2026)
Marqeta's (MQ) EV to FCF was 4.99 for Q2 2026, down 85.4% from 34.10 a year earlier and down 28.2% from the prior quarter.
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Analysis
Marqeta (MQ) EV to FCF (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Marqeta's EV to FCF came in at -6.68; for FY2025, it was 7.97, down 45.1% from FY2024.
- By year, EV to FCF came in at 14.51 in FY2024 (-87.6%), 117.11 in FY2023 and 140.51 in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly EV to FCF in data going back to Q2 2021.
- Year over year, EV to FCF has now declined in each of the last four quarters, with an average decline of 51.3% over the last eight quarters.
- The high point for year-over-year EV to FCF in five years was Q2 2025 (growth of 68.9%); the low point was Q4 2024 (a decline of 87.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 6.95 (Q1 2026), 7.97 (Q4 2025) and 11.68 (Q3 2025).
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 | 4.99 |
| Mar 31, 2026 | 6.95 |
| Dec 31, 2025 | 7.97 |
| Sep 30, 2025 | 11.68 |
| Jun 30, 2025 | 34.10 |
| Mar 31, 2025 | 15.22 |
| Dec 31, 2024 | 14.51 |
| Sep 30, 2024 | 28.97 |
| Jun 30, 2024 | 20.20 |
| Mar 31, 2024 | 61.52 |
| Dec 31, 2023 | 117.11 |
| Sep 30, 2023 | 101.92 |
| Mar 31, 2023 | 48.21 |
| Sep 30, 2022 | 88.31 |
| Jun 30, 2022 | 111.83 |
| Dec 31, 2021 | 140.51 |
| Sep 30, 2021 | 499.13 |
| Jun 30, 2021 | 341.12 |
API Access
Marqeta EV to FCF 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=ev-to-fcf&ticker=MQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=MQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();