Stocks · Technology · Software - Infrastructure
Marqeta, Inc. MQ
$16.55 -2.65% Close, Oct 2, 2026 · NASDAQ · Market cap $1.62B
High qualityInexpensive vs sectorLow risk
Next earnings report: Nov 3, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin widened to -1.7% from -19.4% a year earlier.
- The diluted share count fell 7.4% in a year, mainly through buybacks.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 30%
- FCF growth (TTM, YoY)Top 3%
- Revenue growth, 3-year CAGRBottom 13%
- Revenue growth accelerationBottom 31%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 34%
- Gross marginTop 42%
- Operating marginBottom 35%
- Cash conversion (OCF / net income)Top 11%
- Accruals (lower is better)Top 26%
- Net debt / EBITDA (lower is better)Top 4%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 44%
- Free-cash-flow yieldTop 11%
- EBITDA / enterprise valueTop 26%
- Sales / enterprise valueTop 14%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 33%
- 6-month returnBottom 31%
- 1-year return vs S&P 500Bottom 34%
- Distance from 52-week highTop 43%
- Trend checklist (0–4)Bottom 40%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 4%
- Consecutive EPS beatsTop 48%
- Share of analysts rating BuyBottom 9%
- Upside to consensus price targetBottom 2%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 18%
- Maximum drawdown, 3 yearsTop 33%
- Beta vs S&P 500 (lower is better)Top 1%
- Net debt / EBITDA (lower is better)Top 4%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 23.4% | 22.4% | ↓ |
| Gross margin | 70.7% | 57.2% | ↓ |
| Operating margin | -19.4% | -1.7% | ↑ |
| FCF margin | 5.6% | 25.2% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 22.4% | 23.4% | ↓ | Top 30% |
| Gross margin | 57.2% | 70.7% | ↓ | Top 42% |
| Operating margin | -1.7% | -19.4% | ↑ | Bottom 35% |
| Net margin | 1.5% | -11.7% | ↑ | — |
| Free-cash-flow margin | 25.2% | 5.6% | ↑ | — |
| Return on invested capital | -1.4% | — | Bottom 34% | |
| Revenue growth, 3-year CAGR | -5.8% | — | Bottom 13% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -13.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 13.9%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -37.1 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -20.20×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 12.84%
- Shareholder yield
- 12.84%
- Share count change, 1 year
- -7.4%
- Share count change, 3-year CAGR
- -7.4%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 3
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +100.0%
- Average 2-day reaction, last 8
- -5.1%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $11.38
- Target vs current price
- -31.2%
- Analysts with a rating
- 22
- Share rating Buy or Strong Buy
- 32%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | +858.9% | +0.5% | -12.6% | -8.0% | — |
| May 5, 2026 | +688.2% | -0.9% | -10.2% | -9.3% | -2.4% |
| Feb 24, 2026 | +68.0% | +1.7% | -4.9% | +3.4% | -3.2% |
| Nov 5, 2025 | +0.0% | +0.4% | +13.0% | +6.3% | -6.7% |
| Aug 6, 2025 | +95.3% | +1.6% | +15.0% | +10.6% | -19.0% |
| May 7, 2025 | +60.0% | +4.9% | +23.8% | +37.9% | +41.8% |
| Feb 26, 2025 | +16.7% | -6.6% | +9.8% | +17.3% | +38.6% |
| Nov 5, 2024 | -20.0% | -42.5% | -30.4% | -35.5% | -36.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | $0.07 | $0.01 | +858.9% | $176.0M |
| May 5, 2026 | $0.08 | -$0.01 | +688.2% | $165.8M |
| Feb 24, 2026 | -$0.01 | -$0.04 | +68.0% | $172.1M |
| Nov 5, 2025 | -$0.04 | -$0.04 | +0.0% | $163.3M |
| Aug 6, 2025 | -$0.01 | -$0.12 | +95.3% | $150.4M |
| May 7, 2025 | -$0.08 | -$0.20 | +60.0% | $139.1M |
| Feb 26, 2025 | -$0.20 | -$0.24 | +16.7% | $135.8M |
| Nov 5, 2024 | -$0.24 | -$0.20 | -20.0% | $128.0M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 170.3× | — | — | Bottom 44% |
| P/E (forward) | 74.5× | — | — | — |
| EV / EBITDA | 15.1× | — | — | Top 26% |
| EV / Sales | 1.02× | — | — | Top 14% |
| Free-cash-flow yield | 10.54% | — | — | Top 11% |
| Earnings yield | 0.59% | — | — | Bottom 44% |
P/E over the past five years
Range 39.7× – 223.7× since Sep 30, 2024. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 6
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -0.8%
- 200-day average slope (20 days)
- -1.6%
- Distance from 50-day average
- +0.4%
- Distance from 200-day average
- -1.0%
- RSI (14)
- 51.8
- Relative volume
- 1.30×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 40.2%
- Volatility vs own 5-year history
- 17th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.25
- Correlation with S&P 500
- 0.08
- Current drawdown from 1-year high
- -19.0%
- Maximum drawdown, 3 years
- -53.3%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 1, 2021 | Nov 5, 2024 | -89.7% | 757 days | Not yet recovered |
| Jun 14, 2021 | Oct 11, 2021 | -38.0% | 83 days | 11 days (Oct 26, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.62B
- P/E (TTM)
- 170.3
- EPS, diluted (TTM)
- $0.10
- Revenue (TTM)
- $677.2M
- 52-week range
- $14.80 – $22.28
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $517.2M | $748.2M | $676.2M | $507.0M | $624.9M |
| Gross profit | $231.7M | $320.0M | $329.5M | $351.8M | $69.7M |
| Operating income | -$162.0M | -$209.8M | -$283.0M | -$24.5M | -$29.2M |
| Net income | -$163.9M | -$184.8M | -$223.0M | $27.3M | -$13.9M |
| EPS (diluted) | -$1.20 | -$1.36 | -$1.68 | $0.21 | -$0.12 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $128.0M | $135.8M | $139.1M | $150.4M | $163.3M | $172.1M | $165.8M | $176.0M |
| Net income | -$28.6M | -$27.1M | -$8.3M | -$647,000 | -$3.6M | -$1.4M | $7.8M | $7.6M |
| EPS (diluted) | -$0.23 | -$0.22 | -$0.07 | -$0.01 | -$0.03 | -$0.01 | $0.07 | $0.07 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $57.0M | -$13.0M | $21.1M | $58.2M | $162.6M |
| Capital expenditure | -$2.7M | -$3.9M | -$12.7M | -$2.4M | -$1.8M |
| Free cash flow | $54.2M | -$16.9M | $8.5M | $55.8M | $160.8M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $1.32B | -$78.1M | -$190.4M | -$154.4M | -$387.6M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $961.4M
- Total assets
- $1.39B
- Total liabilities
- $676.7M
- Total debt
- $15.4M
- Net debt
- -$925.0M
- Shareholders’ equity
- $715.6M
As of Jun 30, 2026 (filed Aug 4, 2026).
Short interest
- Shares sold short
- 4,624,052
- Days to cover
- 7.37
- Change vs previous report
- -5.1%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jul 1, 2026
- 1-for-4