Marqeta, Inc.
For the period ended Sep 30, 2026. Filed Nov 3, 2026.
View on SEC.govAbout 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.
Sep 30, 2026 · Filed Nov 3, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(in thousands, except per share amounts)
| September 30,2026 | December 31,2025 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $697,464 | $709,443 |
| Restricted cash | 265,445 | 307,593 |
| Short-term investments | 711 | 62,483 |
| Accounts receivable, net | 40,432 | 41,422 |
| Network incentives receivable | 49,947 | 61,059 |
| Settlements receivable, net | 23,526 | 18,037 |
| Prepaid expenses and other current assets | 30,664 | 35,278 |
| Total current assets | 1,108,189 | 1,235,315 |
| Property and equipment, net | 69,616 | 59,910 |
| Operating lease right-of-use assets, net | 6,116 | 8,275 |
| Intangible assets, net | 43,468 | 51,388 |
| Goodwill | 153,602 | 154,706 |
| Other assets | 120,851 | 15,439 |
| Total assets | $1,501,842 | $1,525,033 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $1,233 | $1,847 |
| Revenue share payable | 217,038 | 224,526 |
| Funds payable and amounts due to customers | 265,344 | 306,891 |
| Accrued expenses and other current liabilities | 167,669 | 215,793 |
| Total current liabilities | 651,284 | 749,057 |
| Operating lease liabilities, net of current portion | 3,478 | 5,535 |
| Other liabilities | 10,411 | 8,484 |
| Total liabilities | 665,173 | 763,076 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity: (1) | ||
| Preferred stock, $0.0001 par value; 25,000 and 25,000 shares authorized, no shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively | — | — |
| Common stock, $0.0001 par value: 375,000 and 375,000 Class A shares authorized, 96,288 and 99,848 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively. 150,000 and 150,000 Class B shares authorized, 7,796 and 8,216 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively | 10 | 11 |
| Additional paid-in capital | 1,518,704 | 1,572,270 |
| Accumulated other comprehensive (loss) income | (1,055) | 1,509 |
| Accumulated deficit | (680,990) | (811,833) |
| Total stockholders’ equity | 836,669 | 761,957 |
| Total liabilities and stockholders’ equity | $1,501,842 | $1,525,033 |
(1)Reflects the one-for-four reverse stock split that was effective June 30, 2026, which has been applied retrospectively to all prior periods presented. Refer to Note 1, “Business Overview and Basis of Presentation”, for further information.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.