Marqeta (MQ) Net Margin (2020 - 2026)
Marqeta (MQ) posted quarterly Net Margin of 4.72% for Q1 2026, up 1066.0% year-over-year from 0.4% in Q1 2025, and up 667.0% quarter-over-quarter from 0.83% in Q4 2025.
Marqeta (MQ) Net Margin (2020 - 2026) Analysis & Trends
Marqeta (MQ) has reported Net Margin for 7 consecutive years, with 4.72% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 1066.0% year-over-year to 4.72%; the TTM figure through Mar 2026 stood at 0.33% (down 1011.0% YoY), while the FY2025 annual figure was 2.23%, down 761.0% from the prior year.
- Net Margin advanced to 4.72% in Q1 2026 per MQ's latest filing, from 0.83% in the prior quarter.
- Across five years, Net Margin topped out at 95.08% in Q2 2024 and bottomed at 50.5% in Q3 2023.
- Historically, Net Margin has averaged 13.25% across 5 years, with a median of 22.37% in 2024.
- Annual changes were most pronounced in 2024 — Net Margin jumped 12051 bps — and 2025, when it plunged 9551 bps.
- Marqeta's Net Margin stood at 12.93% in 2022, then sank by 163 bps to 33.98% in 2023, then surged by 41 bps to 19.97% in 2024, then jumped by 96 bps to 0.83% in 2025, then jumped by 667 bps to 4.72% in 2026.
- Business Quant data shows MQ's Net Margin at 4.72% in Q1 2026, 0.83% in Q4 2025, and 2.22% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 36.78% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 55.08% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 30.88% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -5.90% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 29.55% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -24.42% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 2.69% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -24.31% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 1.32% |
| 10 | Marqeta | 1.63 Bn | 928.54 Mn | 121.87 Mn | 4.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.30% |
| Mar 31, 2026 | 4.72% |
| Dec 31, 2025 | -0.83% |
| Sep 30, 2025 | -2.22% |
| Jun 30, 2025 | -0.43% |
| Mar 31, 2025 | -5.94% |
| Dec 31, 2024 | -19.97% |
| Sep 30, 2024 | -22.37% |
| Jun 30, 2024 | 95.08% |
| Mar 31, 2024 | -30.57% |
| Dec 31, 2023 | -33.98% |
| Sep 30, 2023 | -50.50% |
| Jun 30, 2023 | -25.42% |
| Mar 31, 2023 | -31.64% |
| Dec 31, 2022 | -12.93% |
| Sep 30, 2022 | -27.74% |
| Jun 30, 2022 | -23.95% |
| Mar 31, 2022 | -36.48% |
| Dec 31, 2021 | -23.68% |
| Sep 30, 2021 | -34.77% |