Marqeta annual net debt
2020
2021
2022
2023
2024
2025
Marqeta Net Debt Growth & History (MQ)
Marqeta's net debt was −$700.9M for fiscal 2025.
View full Marqeta company overviewMarqeta annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$700.9M | $216.6M | — |
| 2024 | 2024-12-31 | −$917.5M | $54.4M | — |
| 2023 | 2023-12-31 | −$971.9M | $199.5M | — |
| 2022 | 2022-12-31 | −$1.17B | $60.7M | — |
| 2021 | 2021-12-31 | −$1.23B | −$1.03B | — |
| 2020 | 2020-12-31 | −$202.2M | — | — |
Marqeta quarterly net debt
Q4.20
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 | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$684.7M | $41.3M | — |
| Q1 2026 | 2026-03-31 | −$667.4M | $159.1M | — |
| Q4 2025 | 2025-12-31 | −$700.9M | $216.6M | — |
| Q3 2025 | 2025-09-30 | −$739.3M | $140.5M | — |
| Q2 2025 | 2025-06-30 | −$726.0M | $191.1M | — |
| Q1 2025 | 2025-03-31 | −$826.5M | $135.8M | — |
| Q4 2024 | 2024-12-31 | −$917.5M | $54.4M | — |
| Q3 2024 | 2024-09-30 | −$879.8M | $58.0M | — |
| Q2 2024 | 2024-06-30 | −$917.1M | $22.3M | — |
| Q1 2024 | 2024-03-31 | −$962.3M | $76.5M | — |
| Q4 2023 | 2023-12-31 | −$971.9M | $199.5M | — |
| Q3 2023 | 2023-09-30 | −$937.8M | $253.8M | — |
| Q2 2023 | 2023-06-30 | −$939.4M | $266.9M | — |
| Q1 2023 | 2023-03-31 | −$1.04B | $143.7M | — |
| Q4 2022 | 2022-12-31 | −$1.17B | $60.7M | — |
| Q3 2022 | 2022-09-30 | −$1.19B | $52.4M | — |
| Q2 2022 | 2022-06-30 | −$1.21B | $356.2M | — |
| Q1 2022 | 2022-03-31 | −$1.18B | — | — |
| Q4 2021 | 2021-12-31 | −$1.23B | −$1.03B | — |
| Q3 2021 | 2021-09-30 | −$1.24B | — | — |
| Q2 2021 | 2021-06-30 | −$1.56B | — | — |
| Q4 2020 | 2020-12-31 | −$202.2M | — | — |
Marqeta net debt trends
Over the last five fiscal years, Marqeta's net debt decreased from −$202.2M to −$700.9M, a change of −$498.7M. The latest reported quarter, Q2 2026, shows −$684.7M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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