Marqeta (MQ) Operating Margin (2020 - 2026)
Marqeta (MQ) reported Operating Margin of 1.26% for Q1 2026, up 1459.0% year-over-year from 0.08% in Q1 2025, and up 126.21% quarter-over-quarter from 4.82% in Q4 2025.
Marqeta (MQ) Operating Margin (2020 - 2026) Analysis & Trends
Marqeta (MQ) has 7 years of Operating Margin data on file, last reported at 1.26% in Q1 2026.
- Operating Margin for Q1 2026 came in at 1.26%, up 1459.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.96% (down 526.0% YoY), and the FY2025 annual result was 7.43%, down 260.0% from the prior year.
- Operating Margin climbed to 1.26% in Q1 2026 per MQ's latest filing, from 4.82% in the prior quarter.
- Over five years, Operating Margin peaked at 83.85% in Q2 2024 and troughed at 64.12% in Q3 2023.
- A 5-year average of 20.15% and a median of 27.56% in 2024 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2024 and 2025: Operating Margin jumped 11389 bps in 2024, then slumped 8999 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 26.65% in 2022, then slumped 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.
- Business Quant data shows MQ's Operating Margin at 1.26% in Q1 2026, 4.82% in Q4 2025, and 6.35% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 46.33% |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | 6.91% |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 31.79% |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 46.18% |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 15.30% |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 1.06% |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 31.36% |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 8.43% |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | -9.69% |
| 10 | Marqeta | 1.65 Bn | 933.77 Mn | 117.59 Mn | 1.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.26% |
| Dec 31, 2025 | -4.82% |
| Sep 30, 2025 | -6.35% |
| Jun 30, 2025 | -6.14% |
| Mar 31, 2025 | -13.33% |
| Dec 31, 2024 | -27.56% |
| Sep 30, 2024 | -33.00% |
| Jun 30, 2024 | 83.85% |
| Mar 31, 2024 | -42.26% |
| Dec 31, 2023 | -47.41% |
| Sep 30, 2023 | -64.12% |
| Jun 30, 2023 | -30.04% |
| Mar 31, 2023 | -40.23% |
| Dec 31, 2022 | -26.65% |
| Sep 30, 2022 | -31.05% |
| Jun 30, 2022 | -25.03% |
| Mar 31, 2022 | -29.66% |
| Dec 31, 2021 | -24.28% |
| Sep 30, 2021 | -34.70% |
| Jun 30, 2021 | -55.60% |