For the year ending 2025-12-31, MQ made $624,884K in revenue. -$13,925K in net income. Net profit margin of -2.23%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net revenue | 624,884 | 506,995 | 676,171 | 748,206 |
| Costs of revenue | 187,612 | 155,146 | 346,657 | 428,205 |
| Gross profit | 437,272 | 351,849 | 329,514 | 320,001 |
| Compensation and benefits | 340,419 | 397,595 | 499,595 | 415,094 |
| Technology | 65,005 | 60,059 | 55,612 | 52,361 |
| Professional services | 21,879 | 20,057 | 21,679 | 23,479 |
| Occupancy | 3,766 | 5,995 | 4,361 | 4,514 |
| Depreciation and amortization | 27,163 | 17,460 | 10,741 | 3,853 |
| Marketing and advertising | 5,073 | 2,986 | 2,566 | 3,995 |
| Other operating expenses | 20,397 | 16,780 | 17,975 | 26,513 |
| Executive chairman long-term performance award | 0 | -144,617 | - | - |
| Total operating expenses | 483,702 | 376,315 | 612,529 | 529,809 |
| Loss from operations | -46,430 | -24,466 | -283,015 | -209,808 |
| Other income, net | 33,101 | 52,546 | 52,440 | 24,926 |
| (loss) income before income tax expense (benefit) | -13,329 | 28,080 | -230,575 | -184,882 |
| Income tax expense (benefit) | 596 | 793 | -7,613 | -102 |
| Net (loss) income | -13,925 | 27,287 | -222,962 | -184,780 |
| Net (loss) income attributable to common stockholders, basic | -13,925 | 27,287 | -222,962 | -184,780 |
| Change in foreign currency translation adjustment | - | - | -40 | - |
| Net change in unrealized gain (loss) on short-term investments | - | - | 8,039 | - |
| Net other comprehensive income (loss) | - | - | 7,999 | - |
| Comprehensive loss | - | - | -214,963 | - |
| Basic Average Shares | 462,168,000 | 511,065,000 | 532,540,175 | 545,397,254 |
| Diluted Average Shares | 462,168,000 | 518,845,000 | 532,540,175 | 545,397,254 |
Marqeta, Inc. (MQ)
Marqeta, Inc. (MQ)