Marqeta (MQ) Research & Development (2020 - 2026)
Marqeta's (MQ) quarterly Research & Development came in at $18.4 million in Q2 2026, up 14.23% year-over-year from $16.1 million in Q2 2025, and up 1.67% quarter-over-quarter from $18.1 million in Q1 2026.
Analysis
Marqeta (MQ) Research & Development (2020 - 2026) Analysis & Trends
Marqeta (MQ) has reported Research & Development for 7 consecutive years, with $18.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 14.23% year-over-year to $18.4 million in Q2 2026; TTM through Jun 2026 was $70.6 million, a 11.87% increase from a year earlier, with the FY2025 full-year figure at $65.0 million, up 8.24% from the prior year.
- Research & Development was $18.4 million for Q2 2026 at Marqeta, up from $18.1 million in the prior quarter.
- Over five years, Research & Development peaked at $18.4 million in Q2 2026 and troughed at $11.4 million in Q1 2022.
- A 5-year average of $15.0 million and a median of $14.7 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 102.35% in 2022 and dropped 10.09% in 2024, its largest moves.
- Over 5 years, Research & Development stood at $14.4 million in 2022, then declined by 3.22% to $13.9 million in 2023, then increased by 13.75% to $15.9 million in 2024, then advanced by 8.17% to $17.2 million in 2025, then grew by 7.25% to $18.4 million in 2026.
- The last three Research & Development figures came in at $18.4 million (Q2 2026), $18.1 million (Q1 2026), and $17.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 47.96 Bn | 41.53 Bn | 3.17 Bn | 664.96 Mn |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - | 849.00 Mn |
| 3 | Fiserv | 26.99 Bn | 26.36 Bn | 3.59 Bn | - |
| 4 | Corpay | 26.69 Bn | 19.68 Bn | 1.19 Bn | - |
| 5 | Global Payments | 24.17 Bn | 18.76 Bn | 2.03 Bn | - |
| 6 | Wex | 6.49 Bn | 384.52 Mn | 463.80 Mn | 112.70 Mn |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 47.90 Mn |
| 8 | Paymentus Holdings | 4.46 Bn | 4.08 Bn | 94.31 Mn | 33.05 Mn |
| 9 | dLocal | 4.35 Bn | 3.47 Bn | 127.15 Mn | -9.89 Mn |
| 10 | Marqeta | 1.71 Bn | 1.01 Bn | 121.87 Mn | 18.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.39 Mn |
| Mar 31, 2026 | 18.09 Mn |
| Dec 31, 2025 | 17.15 Mn |
| Sep 30, 2025 | 16.94 Mn |
| Jun 30, 2025 | 16.10 Mn |
| Mar 31, 2025 | 14.81 Mn |
| Dec 31, 2024 | 15.86 Mn |
| Sep 30, 2024 | 16.32 Mn |
| Jun 30, 2024 | 14.77 Mn |
| Mar 31, 2024 | 13.12 Mn |
| Dec 31, 2023 | 13.94 Mn |
| Sep 30, 2023 | 13.93 Mn |
| Jun 30, 2023 | 13.15 Mn |
| Mar 31, 2023 | 14.59 Mn |
| Dec 31, 2022 | 14.40 Mn |
| Sep 30, 2022 | 13.42 Mn |
| Jun 30, 2022 | 13.15 Mn |
| Mar 31, 2022 | 11.38 Mn |
| Dec 31, 2021 | 11.14 Mn |
| Sep 30, 2021 | 9.30 Mn |