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Marqeta (MQ) Revenue & Revenue Breakdown

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Marqeta Revenue Highlights

Latest Revenue (Y)

$507.00M

Latest Revenue (Q)

$127.97M

Main Segment (Y)

Platform Service Revenue, Net

Marqeta Revenue by Period

Marqeta Revenue by Year

DateRevenueChange
2024-12-31$507.00M-25.02%
2023-12-31$676.17M-9.63%
2022-12-31$748.21M44.67%
2021-12-31$517.17M78.16%
2020-12-31$290.29M102.62%
2019-12-31$143.27M-

Marqeta generated $507.00M in revenue during NA 2024, up -25.02% compared to the previous quarter, and up 353.88% compared to the same period a year ago.

Marqeta Revenue by Quarter

DateRevenueChange
2024-09-30$127.97M2.15%
2024-06-30$125.27M6.19%
2024-03-31$117.97M-0.72%
2023-12-31$118.82M9.12%
2023-09-30$108.89M-52.88%
2023-06-30$231.12M6.34%
2023-03-31$217.34M6.64%
2022-12-31$203.81M6.36%
2022-09-30$191.62M2.65%
2022-06-30$186.68M12.39%
2022-03-31$166.10M6.88%
2021-12-31$155.41M18.17%
2021-09-30$131.51M7.56%
2021-06-30$122.27M13.23%
2021-03-31$107.98M22.44%
2020-12-31$88.20M4.61%
2020-09-30$84.31M21.47%
2020-06-30$69.40M43.43%
2020-03-31$48.39M-

Marqeta generated $127.97M in revenue during Q3 2024, up 2.15% compared to the previous quarter, and up 55.37% compared to the same period a year ago.

Marqeta Revenue Breakdown

Marqeta Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21
Other Services Revenue$25.33M$21.62M$22.58M$14.88M
Platform Service Revenue, Net$481.67M$654.55M$725.63M$502.30M

Marqeta's latest annual revenue breakdown by segment (product or service), as of Dec 24: Platform Service Revenue, Net (95.00%), and Other Services Revenue (5.00%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Platform Service Revenue, Net$245.93M$121.80M$113.94M$113.69M$104.33M$226.20M$210.33M$197.69M$185.84M$181.10M$161.00M$151.41M$126.39M$118.26M
Other Services Revenue$15.13M$6.17M$4.03M$5.13M$4.56M$4.92M$7.01M$6.12M$5.78M$5.58M$5.10M$4.00M$5.12M$4.00M

Marqeta's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Platform Service Revenue, Net (94.20%), and Other Services Revenue (5.80%).

Marqeta Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
CFLTConfluent$963.64M$250.20M
DOCNDigitalOcean$780.62M$198.48M
DLODLocal$650.35M$184.43M
GLBEGlobal-e Online$569.95M$145.87M
MQMarqeta$507.00M$127.97M
DOCSDoximity$475.42M$168.60M

MQ Revenue FAQ

What is Marqeta’s yearly revenue?

Marqeta's yearly revenue for 2024 was $507M, representing a decrease of -25.02% compared to 2023. The company's yearly revenue for 2023 was $676.17M, representing a decrease of -9.63% compared to 2022. MQ's yearly revenue for 2022 was $748.21M, representing an increase of 44.67% compared to 2021.

What is Marqeta’s quarterly revenue?

Marqeta's quarterly revenue for Q3 2024 was $127.97M, a 2.15% increase from the previous quarter (Q2 2024), and a 17.52% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $125.27M, a 6.19% increase from the previous quarter (Q1 2024), and a -45.80% decrease year-over-year (Q2 2023). MQ's quarterly revenue for Q1 2024 was $117.97M, a -0.72% decrease from the previous quarter (Q4 2023), and a -45.72% decrease year-over-year (Q1 2023).

What is Marqeta’s revenue growth rate?

Marqeta's revenue growth rate for the last 3 years (2022-2024) was -32.24%, and for the last 5 years (2020-2024) was 74.65%.

What are Marqeta’s revenue streams?

Marqeta's revenue streams in c 24 are Other Services Revenue, and Platform Service Revenue, Net. Other Services Revenue generated $25.33M in revenue, accounting 5.00% of the company's total revenue, up 17.17% year-over-year. Platform Service Revenue, Net generated $481.66M in revenue, accounting 95.00% of the company's total revenue, down -26.41% year-over-year.

What is Marqeta’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Marqeta was Platform Service Revenue, Net. This segment made a revenue of $481.66M, representing 95.00% of the company's total revenue.