For the quarter ending 2025-09-30, MQ had $241,439K increase in cash & cash equivalents over the period. $86,376K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Gain on sale of equity method investment | - | - | - | 0 |
| Net (loss) income | -3,624 | -647 | -8,260 | -27,118 |
| Depreciation and amortization | 7,019 | 6,653 | 5,331 | 5,519 |
| Non-cash postcombination compensation expense | - | - | - | 0 |
| Share-based compensation expense | 25,704 | 27,070 | 25,915 | 33,304 |
| Impairment of other financial instruments | - | - | - | 0 |
| Executive chairman long-term performance award | 0 | 0 | 0 | 0 |
| Non-cash operating leases expense | 706 | 486 | 535 | 739 |
| Accretion of discount on short-term investments | 79 | 216 | 396 | 582 |
| Other | -4,467 | -534 | -364 | -1,341 |
| Accounts receivable | -3,808 | 8,954 | -1,312 | 3,917 |
| Settlements receivable | 643 | 565 | -1,795 | 4,386 |
| Network incentives receivable | -36,320 | 20,145 | -1,836 | 20,109 |
| Prepaid expenses and other assets | 7,021 | -6,821 | 2,543 | 2,733 |
| Accounts payable | -3,038 | 1,890 | 1,023 | 2,924 |
| Revenue share payable | 5,334 | -9,775 | 16,016 | 26,318 |
| Accrued expenses and other liabilities | 18,965 | 10,514 | -31,837 | 14,567 |
| Operating lease liabilities | -1,151 | -1,119 | -1,104 | -1,112 |
| Net cash provided by operating activities | 86,767 | 12,547 | 9,987 | 24,755 |
| Purchases of property and equipment | 391 | 335 | 1,266 | 36 |
| Purchase of patents | - | - | - | 0 |
| Capitalization of internal-use software | 7,872 | 7,539 | 6,059 | 4,217 |
| Cash paid for business combination, net of cash acquired | 44,608 | - | - | 0 |
| Sale of equity method investment | - | - | - | 0 |
| Restricted cash acquired in business combination | -229,650 | - | - | - |
| Sales of short-term investments | - | - | - | 0 |
| Purchases of short-term investments | 3,501 | - | - | 0 |
| Realized gain (loss) on investments | - | - | - | 0 |
| Maturities of short-term investments | 9,242 | 68,732 | 22,186 | 38,000 |
| Net cash provided by investing activities | 182,520 | 60,858 | 14,861 | 33,747 |
| 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 | 50 | 136 | 1,444 | 82 |
| Proceeds from shares issued in connection with employee stock purchase plan | 0 | 994 | - | 1,086 |
| Taxes paid related to net share settlement of restricted stock units | 12,606 | 8,786 | 7,101 | 6,364 |
| Repurchase of common stock | 19,555 | 163,923 | 111,310 | 16,707 |
| Payment on acquisition-related contingent consideration | - | - | - | 0 |
| Net cash used in financing activities | -27,848 | -171,579 | -116,967 | -21,903 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 241,439 | -98,174 | -92,119 | 36,599 |
| 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)