| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Net (loss) income | -12,531 | -8,907 | -8,260 | 54,405 |
| Depreciation and amortization | 19,003 | 11,984 | 5,331 | 11,941 |
| Non-cash postcombination compensation expense | - | - | - | 0 |
| Share-based compensation expense | 78,689 | 52,985 | 25,915 | 103,258 |
| Executive chairman long-term performance award | 0 | 0 | 0 | -144,617 |
| Non-cash operating leases expense | 1,727 | 1,021 | 535 | 1,017 |
| Accretion of discount on short-term investments | 691 | 612 | 396 | 2,650 |
| Other | -5,365 | -898 | -364 | -328 |
| Accounts receivable | 3,834 | 7,642 | -1,312 | 7,285 |
| Settlements receivable | -587 | -1,230 | -1,795 | -18,105 |
| Network incentives receivable | -18,011 | 18,309 | -1,836 | -7,140 |
| Prepaid expenses and other assets | 2,743 | -4,278 | 2,543 | -3,195 |
| Accounts payable | -125 | 2,913 | 1,023 | -3,274 |
| Revenue share payable | 11,575 | 6,241 | 16,016 | -6,564 |
| Accrued expenses and other liabilities | -2,358 | -21,323 | -31,837 | 545 |
| Operating lease liabilities | -3,374 | -2,223 | -1,104 | -2,129 |
| Net cash provided by operating activities | 109,301 | 22,534 | 9,987 | 33,415 |
| Purchases of property and equipment | 1,992 | 1,601 | 1,266 | 2,382 |
| Realized gain (loss) on investments | - | - | - | 0 |
| Capitalization of internal-use software | 21,470 | 13,598 | 6,059 | 14,577 |
| Cash paid for business combination, net of cash acquired | 44,608 | - | - | 0 |
| Restricted cash acquired in business combination | -229,650 | - | - | - |
| Sales of marketable securities | - | - | - | 0 |
| Purchases of short-term investments | 3,501 | - | - | 0 |
| Maturities of short-term investments | 100,160 | 90,918 | 22,186 | 54,000 |
| Net cash provided by investing activities | 258,239 | 75,719 | 14,861 | 37,041 |
| Change in funds payable and amounts due to customers | 4,263 | - | - | - |
| Proceeds from exercise of stock options, including early exercised stock options, net of repurchase of early exercised unvested options | 1,630 | 1,580 | 1,444 | 121 |
| Proceeds from shares issued in connection with employee stock purchase plan | 994 | 994 | - | 1,629 |
| Taxes paid related to net share settlement of restricted stock units | 28,493 | 15,887 | 7,101 | 29,043 |
| Repurchase of common stock | 294,788 | 275,233 | 111,310 | 137,718 |
| Payment on acquisition-related contingent consideration | - | - | - | 0 |
| Net cash used in financing activities | -316,394 | -288,546 | -116,967 | -165,011 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 51,146 | -190,293 | -92,119 | -94,555 |
| Cash and cash equivalents at beginning of period | 931,516 | - | - | - |
| Cash and cash equivalents at end of period | 982,662 | - | - | - |
Marqeta, Inc. (MQ)
Marqeta, Inc. (MQ)