Marqeta (MQ) Tax Rate (2020 - 2026)

Marqeta (MQ) posted quarterly Tax Rate of 2.49% for Q1 2026, up 498.0% YoY from 0.42% in Q1 2025, and down 87.38% sequentially from 19.75% in Q4 2025.

Marqeta (MQ) Tax Rate (2020 - 2026) Analysis & Trends

Marqeta has disclosed Tax Rate across 7 years of filings, most recently posting 2.49% for Q1 2026.

  • In Q1 2026, Tax Rate rose 498.0% year-over-year to 2.49%; the TTM figure through Mar 2026 stood at 20.46% (up 1895.0% YoY), while the FY2025 annual figure was 4.47%, down 730.0% from the prior year.
  • Tax Rate declined to 2.49% in Q1 2026, from 19.75% in the prior quarter.
  • Over the last five years, Tax Rate for MQ reached as high as 19.75% in Q4 2025 and fell as low as 45.35% in Q2 2025.
  • The 5-year median for Tax Rate is 0.29% (2024), against an average of 2.08%.
  • The widest YoY moves for Tax Rate: up 2122 bps in 2025, down 4548 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 1.82% in 2022, then surged by 236 bps to 2.49% in 2023, then plunged by 159 bps to 1.47% in 2024, then soared by 1443 bps to 19.75% in 2025, then slumped by 87 bps to 2.49% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 2.49%, 19.75%, and 15.99% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 19.22%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 19.84%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 1.37%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 21.31%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -6.22%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 18.58%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -7.01%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 18.14%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 21.40%
10 Marqeta 1.78 Bn 1.07 Bn 117.59 Mn 2.49%

Historic Data

Download Data
DateValue
Mar 31, 2026 2.49%
Mar 31, 2026 2.49%
Dec 31, 2025 19.75%
Dec 31, 2025 19.75%
Sep 30, 2025 -15.99%
Sep 30, 2025 -15.99%
Jun 30, 2025 -45.35%
Jun 30, 2025 -45.35%
Mar 31, 2025 -2.49%
Mar 31, 2025 -2.49%
Dec 31, 2024 -1.47%
Dec 31, 2024 -1.47%
Sep 30, 2024 -0.35%
Sep 30, 2024 -0.35%
Jun 30, 2024 0.13%
Jun 30, 2024 0.13%
Mar 31, 2024 -0.37%
Mar 31, 2024 -0.37%
Dec 31, 2023 2.49%
Dec 31, 2023 2.49%