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Marqeta (MQ) Operating Expenses (2020 - 2025)

Marqeta (MQ) has disclosed Operating Expenses for 6 consecutive years, with $128.3 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses fell 5.43% to $128.3 million in Q4 2025 year-over-year; TTM through Dec 2025 was $483.7 million, a 28.54% increase, with the full-year FY2025 number at $483.7 million, up 28.54% from a year prior.
  • Operating Expenses was $128.3 million for Q4 2025 at Marqeta, up from $124.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $176.6 million in Q1 2023 to a low of -$25.7 million in Q2 2024.
  • A 5-year average of $119.8 million and a median of $126.6 million in 2025 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: skyrocketed 4221.84% in 2021, then plummeted 116.68% in 2024.
  • Marqeta's Operating Expenses stood at $113.5 million in 2021, then increased by 24.59% to $141.4 million in 2022, then fell by 1.33% to $139.6 million in 2023, then dropped by 2.82% to $135.6 million in 2024, then decreased by 5.43% to $128.3 million in 2025.
  • Per Business Quant, the three most recent readings for MQ's Operating Expenses are $128.3 million (Q4 2025), $124.9 million (Q3 2025), and $113.3 million (Q2 2025).