Marqeta (MQ) Tax Rate (2020 - 2026)
Marqeta (MQ) posted quarterly Tax Rate of 2.49% for Q1 2026, up 542.0% year-over-year from 0.39% in Q1 2025, and down 85.76% quarter-over-quarter from 17.5% in Q4 2025.
Marqeta (MQ) Tax Rate (2020 - 2026) Analysis & Trends
Marqeta (MQ) has reported Tax Rate for 7 consecutive years, with 2.49% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 542.0% year-over-year to 2.49%; the TTM figure through Mar 2026 stood at 21.89% (up 2032.0% YoY), while the FY2025 annual figure was 4.47%, down 730.0% from the prior year.
- Tax Rate fell to 2.49% in Q1 2026 per MQ's latest filing, from 17.5% in the prior quarter.
- Across five years, Tax Rate topped out at 17.5% in Q4 2025 and bottomed at 45.35% in Q2 2025.
- Historically, Tax Rate has averaged 2.26% across 5 years, with a median of 0.26% in 2023.
- On a YoY basis, Tax Rate climbed as much as 1898 bps in 2025 and fell as far as 4548 bps in 2025.
- Marqeta's Tax Rate stood at 1.93% in 2022, then surged by 229 bps to 2.49% in 2023, then tumbled by 159 bps to 1.47% in 2024, then soared by 1287 bps to 17.5% in 2025, then plunged by 86 bps to 2.49% in 2026.
- Business Quant data shows MQ's Tax Rate at 2.49% in Q1 2026, 17.5% in Q4 2025, and 15.99% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 24.84% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 1.42% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -10.34% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -13.46% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 15.97% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -1.22% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 18.14% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -10.99% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 71.11% |
| 10 | Marqeta | 1.63 Bn | 928.54 Mn | 121.87 Mn | 6.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.26% |
| Jun 30, 2026 | 6.26% |
| Jun 30, 2026 | 6.26% |
| Mar 31, 2026 | 2.49% |
| Mar 31, 2026 | 2.49% |
| Mar 31, 2026 | 2.49% |
| Dec 31, 2025 | 17.50% |
| Dec 31, 2025 | 17.50% |
| Dec 31, 2025 | 17.50% |
| Sep 30, 2025 | -15.99% |
| Sep 30, 2025 | -15.99% |
| Sep 30, 2025 | -15.99% |
| Jun 30, 2025 | -45.35% |
| Jun 30, 2025 | -45.35% |
| Jun 30, 2025 | -45.35% |
| Mar 31, 2025 | -2.93% |
| Mar 31, 2025 | -2.93% |
| Mar 31, 2025 | -2.93% |
| Dec 31, 2024 | -1.47% |
| Dec 31, 2024 | -1.47% |