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| Date | Value |
|---|---|
| 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% |