Marqeta (MQ) Net Margin (2020 - 2026)
Marqeta (MQ) reported Net Margin of 4.30% for Q2 2026, up 4.73 percentage points from -0.43% a year earlier but down 0.43 percentage points from the prior quarter.
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Analysis
Marqeta (MQ) Net Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Marqeta's Net Margin came in at 1.53%, up 13.22 percentage points year-over-year; for FY2025, it was -2.23%, down 7.61 percentage points from FY2024.
- Net Margin has a five-year change of +14.20 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 5.38% in FY2024 (+38.36 pp), -32.97% in FY2023 (-8.28 pp), -24.70% in FY2022 (+7.00 pp) and -31.70% in FY2021 (-15.27 pp).
- Five-year quarterly Net Margin spans a low of -50.50% in Q3 2023 and a high of 95.08% in Q2 2024.
- Year over year, Net Margin has now increased in each of the last four quarters, with an average year-over-year change of +3.25 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q2 2024 (a gain of 120.52 percentage points); the low point was Q2 2025 (a drop of 95.51 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.73% (Q1 2026), -0.81% (Q4 2025) and -2.22% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.08 Bn | 8.30 Bn | - | 12.72% |
| 2 | Block | 46.71 Bn | 18.00 Bn | 3.17 Bn | 1.34% |
| 3 | Coinbase Global | 45.00 Bn | 1.80 Bn | - | -29.46% |
| 4 | Corpay | 26.84 Bn | 16.72 Bn | - | 18.55% |
| 5 | Fiserv | 25.68 Bn | 22.36 Bn | 2.90 Bn | 11.85% |
| 6 | Global Payments | 22.94 Bn | 732.47 Mn | 2.03 Bn | 0.39% |
| 7 | Guidewire Software | 15.52 Bn | 12.08 Bn | 269.68 Mn | 7.64% |
| 8 | Bitmine Immersion Technologies | 12.62 Bn | 10.00 Bn | 40.81 Mn | -179.60% |
| 9 | Chime Financial | 11.56 Bn | 7.35 Bn | 594.87 Mn | 4.16% |
| 10 | Marqeta | 1.98 Bn | -1.04 Bn | 121.87 Mn | 4.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.30% |
| Mar 31, 2026 | 4.73% |
| Dec 31, 2025 | -0.81% |
| Sep 30, 2025 | -2.22% |
| Jun 30, 2025 | -0.43% |
| Mar 31, 2025 | -5.94% |
| Dec 31, 2024 | -19.96% |
| Sep 30, 2024 | -22.38% |
| Jun 30, 2024 | 95.08% |
| Mar 31, 2024 | -30.57% |
| Dec 31, 2023 | -33.98% |
| Sep 30, 2023 | -50.50% |
| Jun 30, 2023 | -25.44% |
| Mar 31, 2023 | -31.66% |
| Dec 31, 2022 | -12.92% |
| Sep 30, 2022 | -27.75% |
| Jun 30, 2022 | -23.94% |
| Mar 31, 2022 | -36.48% |
| Dec 31, 2021 | -23.68% |
| Sep 30, 2021 | -34.77% |
API Access
Marqeta Net Margin 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=net-margin&ticker=MQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=MQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();