Marqeta MQ
NASDAQ MQ
$16.28 -0.30 (-1.81%)
As of: Sep 8, 2026 · 3:59 PM EDT

Marqeta (MQ) Operating Expenses (2020 - 2026)

Marqeta's (MQ) quarterly Operating Expenses came in at $118.2 million in Q2 2026, up 4.37% year-over-year from $113.3 million in Q2 2025, and up 2.37% quarter-over-quarter from $115.5 million in Q1 2026.

Analysis

Marqeta (MQ) Operating Expenses (2020 - 2026) Analysis & Trends

Marqeta (MQ) has reported Operating Expenses for 7 consecutive years, with $118.2 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 4.37% year-over-year to $118.2 million in Q2 2026; TTM through Jun 2026 was $486.9 million, a 2.32% decrease from a year earlier, with the FY2025 full-year figure at $483.7 million, up 28.54% from the prior year.
  • Operating Expenses was $118.2 million for Q2 2026 at Marqeta, up from $115.5 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $176.6 million in Q1 2023 and troughed at -$25.7 million in Q2 2024.
  • A 5-year average of $124.2 million and a median of $130.3 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses slumped 116.68% in 2024 and surged 541.0% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at $141.4 million in 2022, then dropped by 1.33% to $139.6 million in 2023, then declined by 2.82% to $135.6 million in 2024, then fell by 5.43% to $128.3 million in 2025, then slipped by 7.82% to $118.2 million in 2026.
  • The last three Operating Expenses figures came in at $118.2 million (Q2 2026), $115.5 million (Q1 2026), and $128.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Block 47.96 Bn 41.53 Bn 3.17 Bn 2.72 Bn
2 PayPal Holdings 46.69 Bn 35.44 Bn - 7.26 Bn
3 Fiserv 26.99 Bn 26.36 Bn 3.59 Bn 4.28 Bn
4 Corpay 26.69 Bn 19.68 Bn 1.19 Bn 260.40 Mn
5 Global Payments 24.17 Bn 18.76 Bn 2.03 Bn 2.98 Bn
6 Wex 6.49 Bn 384.52 Mn 463.80 Mn 233.50 Mn
7 Aci Worldwide 5.27 Bn 5.10 Bn 181.57 Mn 385.77 Mn
8 Paymentus Holdings 4.46 Bn 4.08 Bn 94.31 Mn 61.69 Mn
9 dLocal 4.35 Bn 3.47 Bn 127.15 Mn -46.35 Mn
10 Marqeta 1.71 Bn 1.01 Bn 121.87 Mn 118.24 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 118.24 Mn
Mar 31, 2026 115.50 Mn
Dec 31, 2025 128.27 Mn
Sep 30, 2025 124.93 Mn
Jun 30, 2025 113.29 Mn
Mar 31, 2025 117.22 Mn
Dec 31, 2024 135.63 Mn
Sep 30, 2024 132.36 Mn
Jun 30, 2024 -25.69 Mn
Mar 31, 2024 134.01 Mn
Dec 31, 2023 139.57 Mn
Sep 30, 2023 142.33 Mn
Jun 30, 2023 154.03 Mn
Mar 31, 2023 176.60 Mn
Dec 31, 2022 141.45 Mn
Sep 30, 2022 139.60 Mn
Jun 30, 2022 124.77 Mn
Mar 31, 2022 124.00 Mn
Dec 31, 2021 113.53 Mn
Sep 30, 2021 104.71 Mn