Marqeta, Inc.

For the period ended Sep 30, 2026. Filed Nov 3, 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.

Sep 30, 2026 · Filed Nov 3, 2026

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

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Cash Flows

	Nine Months Ended September 30,
	2026	2025
Cash flows from operating activities:
Net income (loss)	$130,843	$(12,531)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Benefit of deferred income taxes, net	(104,289)	—
Share-based compensation expense	63,839	78,689
Depreciation and amortization	28,797	19,003
Non-cash operating leases expense	2,159	1,727
Accretion of discount on short-term investments	(46)	(691)
Other	1,530	5,365
Changes in operating assets and liabilities:
Accounts receivable	(342)	(3,834)
Network incentives receivable	11,112	18,011
Settlements receivable	(5,489)	587
Prepaid expenses and other assets	5,155	(2,743)
Accounts payable	65	(125)
Revenue share payable	(7,488)	11,575
Accrued expenses and other liabilities	(37,254)	(2,358)
Operating lease liabilities	(2,436)	(3,374)
Net cash provided by operating activities	86,156	109,301
Cash flows from investing activities:
Maturities of short-term investments	61,656	100,160
Capitalization of internal-use software	(24,586)	(21,470)
Purchases of property and equipment	(1,812)	(1,992)
Cash paid for business combination, net of cash acquired	—	(44,608)
Restricted cash acquired in business combination	—	229,650
Purchases of short-term investments	—	(3,501)
Net cash provided by investing activities	35,258	258,239
Cash flows from financing activities:
Repurchase of common stock	(105,123)	(294,788)
Change in funds payable and amounts due to customers	(41,547)	4,263
Taxes paid related to net share settlement of restricted stock units	(23,605)	(28,493)
Payment of acquisition-related contingent and holdback considerations	(4,972)	—
Proceeds from shares issued in connection with employee stock purchase plan	855	994
Proceeds from exercise of stock options, including early exercised stock options, net of repurchase of early exercised unvested options	51	1,630
Net cash used in financing activities	(174,341)	(316,394)
Net (decrease) increase in cash, cash equivalents, and restricted cash	(52,927)	51,146
Cash, cash equivalents, and restricted cash- Beginning of period	1,017,931	931,516
Cash, cash equivalents, and restricted cash - End of period	$965,004	$982,662

Condensed Consolidated Statements of Cash Flows

	Nine Months Ended September 30,
	2026	2025
Reconciliation of cash, cash equivalents, and restricted cash
Cash and cash equivalents	$697,464	$747,248
Restricted cash	265,445	234,519
Restricted cash, included in Other assets	2,095	895
Total cash, cash equivalents, and restricted cash	$965,004	$982,662
Supplemental disclosures of non-cash investing and financing activities:
Share-based compensation capitalized to internal-use software	$7,052	$8,649
Repurchase of common stock, including excise tax, accrued and not yet paid	$1,631	$2,808
Purchase of property and equipment accrued and not yet paid	$146	$1,087
Contingent and holdback consideration, not yet paid	$—	$7,047
Operating lease right-of-use assets in exchange for lease liabilities	$—	$3,463

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.