Marqeta, Inc.
MQNasdaqTechnology · Services-Prepackaged Software · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $624.9M | $507.0M | $676.2M | $748.2M | $517.2M | $290.3M |
| Operating income | −$46.4M | −$24.5M | −$283.0M | −$209.8M | −$162.0M | −$47.1M |
| Net income | −$13.9M | $27.3M | −$223.0M | −$184.8M | −$163.9M | −$47.7M |
| Total assets | $1.53B | $1.46B | $1.59B | $1.77B | $1.83B | $457.7M |
| Total liabilities | $763.1M | $378.2M | $346.3M | $297.4M | $257.0M | $169.5M |
| Equity | $762.0M | $1.09B | $1.24B | $1.47B | $1.57B | −$213.7M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 462.2M | 518.8M | 532.5M | 545.4M | 362.8M | 122.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −7.4%
- Net margin
- −2.2%
- Return on equity
- −1.8%
- Return on assets
- −0.9%
- Return on capital (ROCE)
- −6.0%
- Liabilities / assets
- 50.0%
- Debt / equity
- 1.00×
- Book value / share
- $1.65
- Revenue growth (YoY)
- 23.3%
- Net income growth (YoY)
- −151.0%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 1.20grey zone
- Accruals / assets
- −11.6%clean
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 warning● 3 good- Operating losses (negative operating margin)
- Reported a net loss
- Altman Z″ in the grey zone
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Group IncPassive (13G)Mar 27, 2026
- T. Rowe Price Investment Management, Inc.Passive (13G)Aug 14, 2025
- Blackrock, Inc.Passive (13G)Jul 17, 2025
- Price T Rowe Associates Inc /Md/Passive (13G)Jun 6, 2025
- Granite Ventures Ii L PPassive (13G)Apr 2, 2025
- Fmr LlcPassive (13G)Feb 12, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 15.4M | 3.7 | -3.3% |
| Apr 30, 2026 | 16.0M | 5.0 | -4.8% |
| Apr 15, 2026 | 16.8M | 6.7 | +1.0% |
| Mar 31, 2026 | 16.6M | 5.6 | +6.1% |
| Mar 13, 2026 | 15.7M | 3.8 | +12.9% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer changeMay 8, 2026
- Results of operationsMay 5, 2026
- Results of operationsFeb 24, 2026
- Director / officer changeJan 7, 2026
- Other material eventDec 8, 2025
- Results of operationsNov 5, 2025
- Director / officer changeOct 24, 2025
- Director / officer changeSep 8, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.