Marqeta (MQ) Tax Rate (2020 - 2026)

Marqeta's (MQ) quarterly Tax Rate came in at 2.49% in Q1 2026, up 542.0% year-on-year from 0.39% in Q1 2025, and down 85.76% on a QoQ basis from 17.5% in Q4 2025.

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

Marqeta (MQ) has 7 years of Tax Rate data on file, last reported at 2.49% in Q1 2026.

  • On a quarterly basis, Tax Rate rose 542.0% year-over-year to 2.49% in Q1 2026; TTM through Mar 2026 was 21.89%, a 2032.0% increase from a year earlier, with the FY2025 full-year figure at 4.47%, down 730.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 2.49%, down from 17.5% in the prior quarter.
  • Over the last five years, Tax Rate for MQ reached as high as 17.5% in Q4 2025 and fell as low as 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.
  • Year by year, Tax Rate stood at 1.93% in 2022, then jumped by 229 bps to 2.49% in 2023, then tumbled by 159 bps to 1.47% in 2024, then surged by 1287 bps to 17.5% in 2025, then plunged by 86 bps to 2.49% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 2.49% in Q1 2026, 17.5% in Q4 2025, and 15.99% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 19.22%
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -12.08%
3 Oracle 344.13 Bn 312.24 Bn - -10.34%
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 1.37%
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 21.31%
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn -6.22%
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 18.58%
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn -7.01%
10 Marqeta 1.94 Bn 1.23 Bn 117.59 Mn 2.49%

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 -1.47%
Sep 30, 2024 -0.35%
Sep 30, 2024 -0.35%