Marqeta annual operating expenses
2019
2020
2021
2022
2023
2024
2025
Marqeta Operating Expenses Growth & History (MQ)
Marqeta's operating expenses was $483.7M for fiscal 2025.
View full Marqeta company overviewMarqeta annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $483.7M | $107.4M | +28.54% |
| 2024 | 2024-12-31 | $376.3M | −$236.2M | −38.56% |
| 2023 | 2023-12-31 | $612.5M | $82.7M | +15.61% |
| 2022 | 2022-12-31 | $529.8M | $136.1M | +34.57% |
| 2021 | 2021-12-31 | $393.7M | $228.7M | +138.62% |
| 2020 | 2020-12-31 | $165.0M | $45.7M | +38.28% |
| 2019 | 2019-12-31 | $119.3M | — | — |
Marqeta quarterly operating expenses
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 | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $118.2M | $4.9M | +4.37% |
| Q1 2026 | 2026-03-31 | $115.5M | −$1.7M | −1.47% |
| Q4 2025 | 2025-12-31 | $128.3M | $44.0M | +52.25% |
| Q3 2025 | 2025-09-30 | $124.9M | −$7.4M | −5.62% |
| Q2 2025 | 2025-06-30 | $113.3M | $87.6M | +341.00% |
| Q1 2025 | 2025-03-31 | $117.2M | −$16.8M | −12.53% |
| Q4 2024 | 2024-12-31 | $84.3M | −$55.3M | −39.64% |
| Q3 2024 | 2024-09-30 | $132.4M | −$10.0M | −7.01% |
| Q2 2024 | 2024-06-30 | $25.7M | −$128.3M | −83.32% |
| Q1 2024 | 2024-03-31 | $134.0M | −$42.6M | −24.11% |
| Q4 2023 | 2023-12-31 | $139.6M | −$1.9M | −1.33% |
| Q3 2023 | 2023-09-30 | $142.3M | $2.7M | +1.96% |
| Q2 2023 | 2023-06-30 | $154.0M | $29.3M | +23.46% |
| Q1 2023 | 2023-03-31 | $176.6M | $52.6M | +42.42% |
| Q4 2022 | 2022-12-31 | $141.4M | $27.9M | +24.59% |
| Q3 2022 | 2022-09-30 | $139.6M | $34.9M | +33.32% |
| Q2 2022 | 2022-06-30 | $124.8M | $9.8M | +8.53% |
| Q1 2022 | 2022-03-31 | $124.0M | $63.5M | +104.92% |
| Q4 2021 | 2021-12-31 | $113.5M | — | — |
| Q3 2021 | 2021-09-30 | $104.7M | $57.3M | +120.66% |
| Q2 2021 | 2021-06-30 | $115.0M | $80.5M | +234.05% |
| Q1 2021 | 2021-03-31 | $60.5M | — | — |
| Q3 2020 | 2020-09-30 | $47.5M | — | — |
| Q2 2020 | 2020-06-30 | $34.4M | — | — |
Marqeta operating expenses trends
Over the last five fiscal years, Marqeta's operating expenses increased from $165.0M to $483.7M, a change of $318.7M. The latest reported quarter, Q2 2026, shows $118.2M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Marqeta source filings ↗