Marqeta (MQ) Gross Margin (2020 - 2026)

Marqeta has disclosed Gross Margin across 7 years of filings, most recently posting 70.92% for Q1 2026.

• In Q1 2026, Gross Margin fell 3.0% year-over-year to 70.92%; the TTM figure through Mar 2026 stood at 70.01% (up 63.0% YoY), while the FY2025 annual figure was 69.98%, up 58.0% from the prior year.
• Gross Margin rose to 70.92% in Q1 2026, from 69.71% in the prior quarter.
• Over the last five years, Gross Margin for MQ reached as high as 72.32% in Q4 2024 and fell as low as 36.61% in Q2 2023.
• The 5-year median for Gross Margin is 69.19% (2025), against an average of 59.65%.
• Annual changes were most pronounced in 2022 — Gross Margin plunged 602 bps — and 2024, when it soared 3032 bps.
• A 5-year view of Gross Margin shows it stood at 42.75% in 2022, then surged by 64 bps to 70.05% in 2023, then advanced by 3 bps to 72.32% in 2024, then retreated by 4 bps to 69.71% in 2025, then rose by 2 bps to 70.92% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 70.92%, 69.71%, and 70.15% for Q1 2026, Q4 2025, and Q3 2025 respectively.