Marqeta (MQ) Operating Expenses (2020 - 2026)

Marqeta has disclosed Operating Expenses across 7 years of filings, most recently posting $115.5 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 1.47% year-over-year to $115.5 million; the TTM figure through Mar 2026 stood at $482.0 million (up 34.06% YoY), while the FY2025 annual figure was $483.7 million, up 28.54% from the prior year.
• Operating Expenses eased to $115.5 million in Q1 2026, from $128.3 million in the prior quarter.
• Over the last five years, Operating Expenses for MQ reached as high as $176.6 million in Q1 2023 and fell as low as -$25.7 million in Q2 2024.
• The 5-year median for Operating Expenses is $132.4 million (2024), against an average of $124.6 million.
• Annual changes were most pronounced in 2024 — Operating Expenses tumbled 116.68% — and 2025, when it soared 541.0%.
• A 5-year view of Operating Expenses shows it stood at $141.4 million in 2022, then declined by 1.33% to $139.6 million in 2023, then fell by 2.82% to $135.6 million in 2024, then retreated by 5.43% to $128.3 million in 2025, then retreated by 9.96% to $115.5 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $115.5 million, $128.3 million, and $124.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.