Marqeta (MQ) EV to FCF (2021 - 2026)
Marqeta's (MQ) quarterly EV to FCF came in at 5.08 in Q2 2026, up 84.73% year-over-year from 2.75 in Q2 2025, and down 120.4% quarter-over-quarter from 24.88 in Q1 2026.
Analysis
Marqeta (MQ) EV to FCF (2021 - 2026) Analysis & Trends
Marqeta (MQ) has reported EV to FCF for 6 consecutive years, with 5.08 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to FCF rose 84.73% year-over-year to 5.08 in Q2 2026; TTM through Jun 2026 was 1.65, a 67.7% increase from a year earlier, with the FY2025 full-year figure at 1.93, up 87.85% from the prior year.
- EV to FCF was 5.08 for Q2 2026 at Marqeta, down from 24.88 in the prior quarter.
- Over five years, EV to FCF peaked at 150.17 in Q3 2022 and troughed at 152.4 in Q3 2024.
- A 5-year average of 7.94 and a median of 9.5 in 2023 frame the typical range for EV to FCF.
- Across the five-year window, EV to FCF jumped 1956.47% in 2023 and tumbled 1036.05% in 2024, its largest moves.
- Over 5 years, EV to FCF stood at 55.75 in 2022, then jumped by 56.6% to 24.2 in 2023, then declined by 25.68% to 30.41 in 2024, then jumped by 81.66% to 5.58 in 2025, then gained by 9.01% to 5.08 in 2026.
- The last three EV to FCF figures came in at 5.08 (Q2 2026), 24.88 (Q1 2026), and 5.58 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Block | 47.96 Bn | 41.53 Bn | 3.17 Bn |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - |
| 3 | Fiserv | 26.99 Bn | 26.36 Bn | 3.59 Bn |
| 4 | Corpay | 26.69 Bn | 19.68 Bn | 1.19 Bn |
| 5 | Global Payments | 24.17 Bn | 18.76 Bn | 2.03 Bn |
| 6 | Wex | 6.49 Bn | 384.52 Mn | 463.80 Mn |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn |
| 8 | Paymentus Holdings | 4.46 Bn | 4.08 Bn | 94.31 Mn |
| 9 | dLocal | 4.35 Bn | 3.47 Bn | 127.15 Mn |
| 10 | Marqeta | 1.71 Bn | 1.01 Bn | 121.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.08 |
| Mar 31, 2026 | 24.88 |
| Dec 31, 2025 | -5.58 |
| Sep 30, 2025 | -3.01 |
| Jun 30, 2025 | -33.25 |
| Mar 31, 2025 | -125.52 |
| Dec 31, 2024 | -30.41 |
| Sep 30, 2024 | -152.40 |
| Jun 30, 2024 | -22.09 |
| Mar 31, 2024 | 87.45 |
| Dec 31, 2023 | -24.20 |
| Sep 30, 2023 | -13.42 |
| Jun 30, 2023 | 24.95 |
| Mar 31, 2023 | 61.99 |
| Dec 31, 2022 | -55.75 |
| Sep 30, 2022 | 150.17 |
| Jun 30, 2022 | -24.67 |
| Mar 31, 2022 | 3.01 |
| Dec 31, 2021 | 11.42 |
| Sep 30, 2021 | -251.35 |