For the quarter ending 2026-03-31, MQ had -$61,848K decrease in cash & cash equivalents over the period. -$4,646K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 7,834 | -1,394 | -3,624 | -647 |
| Depreciation and amortization | 8,854 | 8,160 | 7,019 | 6,653 |
| Share-based compensation expense | 20,017 | 26,099 | 25,704 | 27,070 |
| Executive chairman long-term performance award | - | 0 | 0 | 0 |
| Non-cash operating leases expense | 769 | 539 | 706 | 486 |
| Non-cash postcombination compensation expense | - | 0 | - | - |
| Accretion of discount on short-term investments | 34 | 64 | 79 | 216 |
| Other | 671 | 4,807 | -4,467 | -534 |
| Accounts receivable | 4,631 | 5,030 | -3,808 | 8,954 |
| Network incentives receivable | 18,810 | 12,294 | -36,320 | 20,145 |
| Settlements receivable | 14,418 | 2,421 | 643 | 565 |
| Prepaid expenses and other assets | 1,531 | -651 | 7,021 | -6,821 |
| Accounts payable | -1,058 | 44 | -3,038 | 1,890 |
| Revenue share payable | 35,618 | 19,552 | 5,334 | -9,775 |
| Accrued expenses and other liabilities | -34,115 | 25,068 | 18,965 | 10,514 |
| Operating lease liabilities | -1,191 | -781 | -1,151 | -1,119 |
| Cash paid for business acquisition, net of cash acquired | - | 1,055 | 44,608 | - |
| Net cash (used in) provided by operating activities | -3,367 | 53,322 | 86,767 | 12,547 |
| Restricted cash acquired in business combination | - | 0 | -229,650 | - |
| Purchases of short-term investments | - | 0 | 3,501 | - |
| Maturities of short-term investments | 25,134 | 20,725 | 9,242 | 68,732 |
| Capitalization of internal-use software | 7,798 | 6,955 | 7,872 | 7,539 |
| Purchases of property and equipment | 1,279 | -157 | 391 | 335 |
| Sales of short-term investments | - | 0 | - | - |
| Realized loss on investments | - | 0 | - | - |
| Net cash provided by investing activities | 16,057 | 12,872 | 182,520 | 60,858 |
| Repurchase of common stock | 39,207 | 96,578 | 19,555 | 163,923 |
| Change in funds payable and amounts due to customers | -26,593 | 72,993 | 4,263 | - |
| Proceeds from shares issued in connection with employee stock purchase plan | - | 1,107 | 0 | 994 |
| Taxes paid related to net share settlement of restricted stock units | 8,789 | 8,480 | 12,606 | 8,786 |
| Proceeds from exercise of stock options, including early exercised stock options, net of repurchase of early exercised unvested options | 51 | 33 | 50 | 136 |
| Payment of acquisition-related contingent consideration | - | 0 | - | - |
| Net cash used in financing activities | -74,538 | -30,925 | -27,848 | -171,579 |
| Net decrease in cash, cash equivalents, and restricted cash | -61,848 | 35,269 | 241,439 | -98,174 |
| Cash, cash equivalents, and restricted cash- beginning of period | 1,017,931 | 982,662 | 931,516 | - |
| Cash, cash equivalents, and restricted cash - end of period | 956,083 | 1,017,931 | 982,662 | - |
Marqeta, Inc. (MQ)
Marqeta, Inc. (MQ)