Marqeta (MQ) Operating Margin (2020 - 2026)

Marqeta has disclosed Operating Margin across 7 years of filings, most recently posting 1.26% for Q1 2026.

• In Q1 2026, Operating Margin rose 1459.0% year-over-year to 1.26%; the TTM figure through Mar 2026 stood at 3.96% (down 526.0% YoY), while the FY2025 annual figure was 7.43%, down 260.0% from the prior year.
• Operating Margin rose to 1.26% in Q1 2026, from 4.82% in the prior quarter.
• Over the last five years, Operating Margin for MQ reached as high as 83.85% in Q2 2024 and fell as low as 64.12% in Q3 2023.
• The 5-year median for Operating Margin is 27.56% (2024), against an average of 20.15%.
• Annual changes were most pronounced in 2024 — Operating Margin jumped 11389 bps — and 2025, when it plunged 8999 bps.
• A 5-year view of Operating Margin shows it stood at 26.65% in 2022, then plunged by 78 bps to 47.41% in 2023, then soared by 42 bps to 27.56% in 2024, then jumped by 83 bps to 4.82% in 2025, then jumped by 126 bps to 1.26% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 1.26%, 4.82%, and 6.35% for Q1 2026, Q4 2025, and Q3 2025 respectively.