Marqeta, Inc.(MQ)— Stock Profile, AI Score & Financials
Technology · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
Marqeta, Inc. (MQ) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores MQ at 54.9/100 on a 32-signal composite quality model, placing it at rank #1,293 of 2,960 stocks — the top half of the AI-ranked universe. MQ scores in the top quartile across earnings quality (94.2), free cash flow (83.4). Areas of concern include institutional flow (7.4), which score below median versus the broader universe. Shareholder dilution risk is elevated at 10.8/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Marqeta, Inc. reports quarterly revenue of $176.0M, net income of $7.6M, free cash flow of $63.0M. Top institutional holders of MQ by reported 13-F value include PRICE T ROWE ASSOCIATES, BlackRock, Vitruvian Partners LLP, based on the most recent SEC filings. MQ trades on the Nasdaq exchange and files with the SEC under CIK 1522540. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate MQ daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Marqeta, Inc. directly from SEC EDGAR.
AI Quality Score
54.9/100
AI Rank
#1,293
Revenue
$176.0M
Net Income
$7.6M
Free Cash Flow
$63.0M
MQ key financials by period
Marqeta, Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$624.9M
$-13.9M
-7.4%
FY 2024
10-K
$507.0M
$27.3M
-4.8%
FY 2023
10-K
$676.2M
$-223.0M
-41.9%
FY 2022
10-K
$748.2M
$-184.8M
-28.0%
FY 2021
10-K
$517.2M
$-163.9M
-31.3%
FY 2020
10-K
$290.3M
$-47.7M
-16.2%
Institutions holding MQ
Institutional investors reporting a position in Marqeta, Inc. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-04 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Marqeta's Q2 2026 revenue grew 17% YoY to $176.0M as total processing volume surged 32%, though customer concentration risk remains high at 41% from largest customer.
Biggest Revenue Drivers
Platform services revenue, net$163.7M+14% YoY
Driven by 32% increase in total processing volume, partially offset by unfavorable shifts in card program mix toward processing-only offerings.
Other services revenue$12.3M+70% YoY
Primarily driven by higher card-related fulfillment including card replacements and increased customer card shipments.
Biggest Revenue Drivers
Total revenue: $176.0M+17% YoY
Platform services revenue, net$163.7M+14% YoY
Driven by 32% increase in total processing volume, partially offset by unfavorable shifts in card program mix toward processing-only offerings.
Other services revenue$12.3M+70% YoY
Primarily driven by higher card-related fulfillment including card replacements and increased customer card shipments.
Largest Expense Items
Compensation and benefits$78.3M-4% YoY
Decrease primarily driven by full vesting of higher grant-date fair value awards issued in prior years, partially offset by increased headcount.
Technology$18.4M+14% YoY
Increase driven by higher software licenses and hosting costs to support system and tool implementations amid business growth.
Depreciation and amortization$9.7M+46% YoY
Increase driven by higher amortization of internally developed software and amortization of customer relationships intangible asset from TransactPay.
Professional services$5.6M+33% YoY
Increase primarily driven by higher legal and professional fees.
Margins: Gross margin remained flat at 69% despite 17% revenue growth, as cost of revenue increased 17% in line with higher Card Network and Issuing Bank fees tied to processing volume growth and increased card fulfillment costs. Operating margin improved to 2% from negative 6% due to operating leverage, though this reflects $13.0M securities settlement liability accrual.
Watch Items from the Filing
Largest customer (Block) represents 41% of Q2 2026 revenue, down from 46% in Q2 2025; customer concentration remains significant concentration risk.
Settlement liability of $13.0M established for securities litigation with $9.5M insurance recovery expected, reflecting $5.0M self-insured retention exposure.
Sutton Bank settlement risk: 58% of total processing volume routed through single Issuing Bank; potential failure to settle could create material losses.
Accumulated deficit of $796.4M as of June 30, 2026; company achieved profitability only recently with Q2 2026 net income of $7.6M.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
