Marqeta (MQ) Gross Margin (2020 - 2026)

Marqeta (MQ) has reported Gross Margin for 7 consecutive years, with 69.25% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin rose 5.0% year-over-year to 69.25% in Q2 2026; TTM through Jun 2026 was 69.99%, a 70.0% decrease from a year earlier, with the FY2025 full-year figure at 69.98%, up 58.0% from the prior year.
• Gross Margin was 69.25% for Q2 2026 at Marqeta, down from 70.92% in the prior quarter.
• Over five years, Gross Margin peaked at 72.32% in Q4 2024 and troughed at 36.61% in Q2 2023.
• A 5-year average of 60.18% and a median of 69.22% in 2026 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin tumbled 602 bps in 2022 and surged 3032 bps in 2024, its largest moves.
• Over 5 years, Gross Margin stood at 42.75% in 2022, then jumped by 64 bps to 70.05% in 2023, then gained by 3 bps to 72.32% in 2024, then fell by 4 bps to 69.71% in 2025, then declined by 1 bps to 69.25% in 2026.
• The last three Gross Margin figures came in at 69.25% (Q2 2026), 70.92% (Q1 2026), and 69.71% (Q4 2025), per Business Quant data.