Marqeta, Inc.

For the period ended Mar 31, 2026. Filed May 5, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 5, 2026

MQ$18.34-0.3%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)

(in thousands, except per share amounts)

	Three Months Ended March 31,
	2026	2025
Net revenue	$165,798	$139,073
Costs of revenue	48,206	40,394
Gross profit	117,592	98,679
Operating expenses:
Compensation and benefits	78,018	86,050
Technology	18,090	14,811
Depreciation and amortization	8,854	5,331
Professional services	4,631	5,695
Occupancy	1,179	917
Marketing and advertising	1,160	469
Other operating expenses	3,566	3,944
Total operating expenses	115,498	117,217
Income (loss) from operations	2,094	(18,538)
Other income, net	5,933	10,513
Income (loss) before income tax expense	8,027	(8,025)
Income tax expense	193	235
Net income (loss)	$7,834	$(8,260)
Other comprehensive (loss) income, net of taxes:
Change in foreign currency translation adjustment	(1,646)	126
Net change in unrealized loss on short-term investments	(173)	(88)
Net other comprehensive (loss) income	(1,819)	38
Comprehensive income (loss)	$6,015	$(8,222)
Net income (loss) per share attributable to Class A and Class B common stockholders
Basic	$0.02	$(0.02)
Diluted	$0.02	$(0.02)
Weighted-average shares used in computing net income (loss) per share attributable to Class A and Class B common stockholders
Basic	428,602	501,222
Diluted	433,571	501,222

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.