Growth Metrics

Marqeta (MQ) Gross Margin (2020 - 2025)

Marqeta (MQ) has disclosed Gross Margin for 6 consecutive years, with 69.71% as the latest value for Q4 2025.

  • On a quarterly basis, Gross Margin fell 261.0% to 69.71% in Q4 2025 year-over-year; TTM through Dec 2025 was 69.98%, a 58.0% increase, with the full-year FY2025 number at 69.98%, up 58.0% from a year prior.
  • Gross Margin was 69.71% for Q4 2025 at Marqeta, down from 70.15% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 72.32% in Q4 2024 to a low of 36.61% in Q2 2023.
  • A 5-year average of 56.07% and a median of 56.06% in 2021 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: crashed -602bps in 2022, then soared 3032bps in 2024.
  • Marqeta's Gross Margin stood at 48.77% in 2021, then decreased by -12bps to 42.75% in 2022, then soared by 64bps to 70.05% in 2023, then rose by 3bps to 72.32% in 2024, then decreased by -4bps to 69.71% in 2025.
  • Per Business Quant, the three most recent readings for MQ's Gross Margin are 69.71% (Q4 2025), 70.15% (Q3 2025), and 69.19% (Q2 2025).