Marqeta annual gross margin
2019
2020
2021
2022
2023
2024
2025
Marqeta Gross Margin Growth & History (MQ)
Marqeta's gross margin was 69.98% for fiscal 2025.
View full Marqeta company overviewMarqeta annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 69.98% | +0.58 pp |
| 2024 | 2024-12-31 | 69.40% | +20.67 pp |
| 2023 | 2023-12-31 | 48.73% | +5.96 pp |
| 2022 | 2022-12-31 | 42.77% | −2.03 pp |
| 2021 | 2021-12-31 | 44.80% | +4.19 pp |
| 2020 | 2020-12-31 | 40.62% | −1.58 pp |
| 2019 | 2019-12-31 | 42.20% | — |
Marqeta quarterly gross margin
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 69.25% | +0.05 pp |
| Q1 2026 | 2026-03-31 | 70.92% | −0.03 pp |
| Q4 2025 | 2025-12-31 | 69.71% | −2.61 pp |
| Q3 2025 | 2025-09-30 | 70.15% | −0.29 pp |
| Q2 2025 | 2025-06-30 | 69.19% | +5.85 pp |
| Q1 2025 | 2025-03-31 | 70.95% | −0.39 pp |
| Q4 2024 | 2024-12-31 | 72.32% | +2.27 pp |
| Q3 2024 | 2024-09-30 | 70.43% | +3.85 pp |
| Q2 2024 | 2024-06-30 | 63.35% | +26.74 pp |
| Q1 2024 | 2024-03-31 | 71.34% | +30.32 pp |
| Q4 2023 | 2023-12-31 | 70.05% | +27.30 pp |
| Q3 2023 | 2023-09-30 | 66.59% | +24.79 pp |
| Q2 2023 | 2023-06-30 | 36.61% | −5.20 pp |
| Q1 2023 | 2023-03-31 | 41.02% | −3.96 pp |
| Q4 2022 | 2022-12-31 | 42.75% | −6.02 pp |
| Q3 2022 | 2022-09-30 | 41.80% | −3.12 pp |
| Q2 2022 | 2022-06-30 | 41.81% | +3.39 pp |
| Q1 2022 | 2022-03-31 | 44.99% | −1.18 pp |
| Q4 2021 | 2021-12-31 | 48.77% | +6.92 pp |
| Q3 2021 | 2021-09-30 | 44.92% | +5.13 pp |
| Q2 2021 | 2021-06-30 | 38.42% | — |
| Q1 2021 | 2021-03-31 | 46.17% | — |
| Q3 2020 | 2020-09-30 | 41.85% | — |
| Q2 2020 | 2020-06-30 | 39.79% | — |
Marqeta gross margin trends
Over the last five reported fiscal years, Marqeta's gross margin increased from 40.62% to 69.98%, a change of +29.36 percentage points. The latest reported quarter, Q2 2026, shows 69.25%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Marqeta filings at SEC.gov ↗