Marqeta (MQ) Tax Rate (2024 - 2026)
Marqeta's Tax Rate was 6.26% in Q2 2026, up 52.97 percentage points from -46.71% a year earlier and up 3.76 percentage points from the prior quarter.
Marqeta (MQ) Tax Rate (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, Marqeta's Tax Rate was 7.67% through Jun 30, 2026, up 9.16 percentage points year-over-year; for FY2025, it was -4.47%, down 7.30 percentage points from FY2024.
- Tax Rate shows a five-year change of -4.29 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 2.82% in FY2024 (-0.48 pp), 3.30% in FY2023 (+3.25 pp), 0.06% in FY2022 (-0.33 pp) and 0.39% in FY2021 (+0.57 pp).
- Quarterly Tax Rate has moved between -46.71% (Q2 2025) and 19.75% (Q4 2025) over five years.
- Compared with a year earlier, Tax Rate has increased for three straight quarters, with an average year-over-year change of +1.34 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q2 2026 (a gain of 52.97 percentage points); the worst was Q2 2025 (a drop of 46.88 percentage points).
- Per Business Quant data, MQ's Tax Rate in the three quarters before Q2 2026 was 2.49% (Q1 2026), 19.75% (Q4 2025) and -15.99% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.12 Bn | 6.93 Bn | - | - |
| 2 | PayPal Holdings | 46.45 Bn | 4.68 Bn | - | 15.73% |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn | 71.11% |
| 4 | Iren | 31.49 Bn | 19.08 Bn | 103.89 Mn | - |
| 5 | Corpay | 25.78 Bn | 15.98 Bn | - | 26.96% |
| 6 | Fiserv | 24.12 Bn | 20.82 Bn | 2.90 Bn | 20.13% |
| 7 | Global Payments | 22.15 Bn | 588.57 Mn | 2.03 Bn | - |
| 8 | Bitmine Immersion Technologies | 15.50 Bn | 12.88 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.68 Bn | 8.25 Bn | 269.68 Mn | 30.70% |
| 10 | Marqeta | 1.77 Bn | -1.24 Bn | 121.87 Mn | 6.26% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.26% |
| Mar 31, 2026 | 2.49% |
| Jun 30, 2024 | 0.17% |
Marqeta Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();