Marqeta annual operating margin
2019
2020
2021
2022
2023
2024
2025
Marqeta Operating Margin Growth & History (MQ)
Marqeta's operating margin was −7.43% for fiscal 2025.
View full Marqeta company overviewMarqeta annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −7.43% | −2.60 pp |
| 2024 | 2024-12-31 | −4.83% | +37.03 pp |
| 2023 | 2023-12-31 | −41.86% | −13.81 pp |
| 2022 | 2022-12-31 | −28.04% | +3.28 pp |
| 2021 | 2021-12-31 | −31.33% | −15.10 pp |
| 2020 | 2020-12-31 | −16.22% | +24.87 pp |
| 2019 | 2019-12-31 | −41.09% | — |
Marqeta quarterly operating 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 | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.07% | +8.20 pp |
| Q1 2026 | 2026-03-31 | 1.26% | +14.59 pp |
| Q4 2025 | 2025-12-31 | −4.82% | +22.74 pp |
| Q3 2025 | 2025-09-30 | −6.35% | +26.65 pp |
| Q2 2025 | 2025-06-30 | −6.14% | −89.99 pp |
| Q1 2025 | 2025-03-31 | −13.33% | +28.93 pp |
| Q4 2024 | 2024-12-31 | −27.56% | +19.85 pp |
| Q3 2024 | 2024-09-30 | −33.00% | +31.12 pp |
| Q2 2024 | 2024-06-30 | 83.85% | +113.89 pp |
| Q1 2024 | 2024-03-31 | −42.26% | −2.03 pp |
| Q4 2023 | 2023-12-31 | −47.41% | −20.76 pp |
| Q3 2023 | 2023-09-30 | −64.12% | −33.08 pp |
| Q2 2023 | 2023-06-30 | −30.04% | −5.01 pp |
| Q1 2023 | 2023-03-31 | −40.23% | −10.56 pp |
| Q4 2022 | 2022-12-31 | −26.65% | −2.38 pp |
| Q3 2022 | 2022-09-30 | −31.05% | +3.65 pp |
| Q2 2022 | 2022-06-30 | −25.03% | +30.58 pp |
| Q1 2022 | 2022-03-31 | −29.66% | −19.80 pp |
| Q4 2021 | 2021-12-31 | −24.28% | −9.84 pp |
| Q3 2021 | 2021-09-30 | −34.70% | −24.91 pp |
| Q2 2021 | 2021-06-30 | −55.60% | — |
| Q1 2021 | 2021-03-31 | −9.86% | — |
| Q3 2020 | 2020-09-30 | −14.44% | — |
| Q2 2020 | 2020-06-30 | −9.79% | — |
Marqeta operating margin trends
Over the last five reported fiscal years, Marqeta's operating margin increased from −16.22% to −7.43%, a change of +8.79 percentage points. The latest reported quarter, Q2 2026, shows 2.07%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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 ↗