Marqeta (MQ) Tax Rate (2020 - 2026)
Marqeta's (MQ) quarterly Tax Rate came in at 6.26% in Q2 2026, up 5297.0% year-over-year from 0.12% in Q2 2025, and up 151.09% quarter-over-quarter from 2.49% in Q1 2026.
Analysis
Marqeta (MQ) Tax Rate (2020 - 2026) Analysis & Trends
Marqeta (MQ) has reported Tax Rate for 7 consecutive years, with 6.26% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 5297.0% year-over-year to 6.26% in Q2 2026; TTM through Jun 2026 was 7.67%, a 916.0% increase from a year earlier, with the FY2025 full-year figure at 4.47%, down 730.0% from the prior year.
- Tax Rate was 6.26% for Q2 2026 at Marqeta, up from 2.49% in the prior quarter.
- Over five years, Tax Rate peaked at 19.75% in Q4 2025 and troughed at 46.71% in Q2 2025.
- A 5-year average of 1.61% and a median of 0.12% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate tumbled 4688 bps in 2025 and surged 5297 bps in 2026, its largest moves.
- Over 5 years, Tax Rate stood at 1.93% in 2022, then surged by 227 bps to 2.45% in 2023, then sank by 160 bps to 1.47% in 2024, then surged by 1443 bps to 19.75% in 2025, then plunged by 68 bps to 6.26% in 2026.
- The last three Tax Rate figures came in at 6.26% (Q2 2026), 2.49% (Q1 2026), and 19.75% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 47.96 Bn | 41.53 Bn | 3.17 Bn | 71.11% |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - | 15.73% |
| 3 | Fiserv | 26.99 Bn | 26.36 Bn | 3.59 Bn | 20.13% |
| 4 | Corpay | 26.69 Bn | 19.68 Bn | 1.19 Bn | 26.96% |
| 5 | Global Payments | 24.17 Bn | 18.76 Bn | 2.03 Bn | -4.72% |
| 6 | Wex | 6.49 Bn | 384.52 Mn | 463.80 Mn | 27.84% |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 18.31% |
| 8 | Paymentus Holdings | 4.46 Bn | 4.08 Bn | 94.31 Mn | 28.32% |
| 9 | dLocal | 4.35 Bn | 3.47 Bn | 127.15 Mn | -15.72% |
| 10 | Marqeta | 1.71 Bn | 1.01 Bn | 121.87 Mn | 6.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.26% |
| Mar 31, 2026 | 2.49% |
| Dec 31, 2025 | 19.75% |
| Sep 30, 2025 | -15.99% |
| Jun 30, 2025 | -46.71% |
| Mar 31, 2025 | -2.93% |
| Dec 31, 2024 | -1.47% |
| Sep 30, 2024 | -0.40% |
| Jun 30, 2024 | 0.17% |
| Mar 31, 2024 | -0.37% |
| Dec 31, 2023 | 2.45% |
| Sep 30, 2023 | -0.43% |
| Jun 30, 2023 | -0.24% |
| Mar 31, 2023 | 9.24% |
| Dec 31, 2022 | -1.93% |
| Sep 30, 2022 | -0.01% |
| Jun 30, 2022 | 0.51% |
| Mar 31, 2022 | 0.66% |
| Dec 31, 2021 | 2.08% |
| Sep 30, 2021 | -0.08% |