Marqeta, Inc. (MQ) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.19B | 1.24B | 1.2B | 990.23M | 1.13B | 1.25B | 1.22B | 1.27B | 1.35B | 1.39B | 1.41B | 1.51B | 1.59B | 1.75B | 1.74B | 1.74B | 1.76B | 1.8B | 1.76B | 1.76B |
| Cash & Short-Term Investments | 712.06M | 1.08B | 830.46M | 821.59M | 988.44M | 1.1B | 1.1B | 1.15B | 1.2B | 1.25B | 1.3B | 1.38B | 1.46B | 1.62B | 1.65B | 1.67B | 1.64B | 1.71B | 1.67B | 1.68B |
| Cash Only | 674.79M | 981.82M | 747.25M | 732.72M | 830.9M | 923.02M | 886.42M | 924.73M | 970.36M | 980.97M | 947.75M | 950.16M | 1.05B | 1.18B | 1.2B | 1.22B | 1.2B | 1.25B | 1.26B | 1.58B |
| Short-Term Investments | 37.27M | 97.7M | 83.21M | 88.86M | 157.54M | 179.41M | 217.57M | 228.83M | 228.32M | 268.72M | 349.39M | 432.35M | 408.68M | 440.86M | 441.13M | 444.87M | 447.05M | 464.49M | 408.95M | 105.05M |
| Accounts Receivable | 45.89M | 125.93M | 104.41M | 137.24M | 107.78M | 118.59M | 84.86M | 87.89M | 115.39M | 109.19M | 77.86M | 97.13M | 88.04M | 80.86M | 50.6M | 32.28M | 64.46M | 56.19M | 63.48M | 53.05M |
| Days Sales Outstanding | 46.63 | 61.56 | 68.07 | 74.13 | 73.25 | 68.92 | 62.1 | 73.84 | 86.62 | 72.41 | 73.92 | 36.45 | 34.97 | 29.67 | 19.9 | 23.58 | 32.69 | 35.42 | 40.76 | 37.16 |
| Inventory | 0 | 1.95M | 0 | 0 | 0 | 3.68M | 0 | 0 | 8.5M | 4.31M | 4.67M | 5.05M | 5.8M | 5.15M | 6.25M | 5.32M | 4.94M | 3.94M | 0 | 0 |
| Days Inventory Outstanding | - | 3.44 | - | - | - | 9 | - | - | 17.24 | 11.61 | 12.29 | 3.37 | 3.84 | 4.5 | 4.77 | 4.3 | 4.37 | 4.55 | - | - |
| Other Current Assets | 430.47M | 13.71M | 234.52M | 31.41M | 38.44M | 11.33M | 32.32M | 31.45M | 25.59M | 10.54M | 13.44M | 15.37M | 14.76M | 14.67M | 15.18M | 13.34M | 14.06M | 11.86M | 14.78M | 13.91M |
| Total Non-Current Assets | 288.3M | 289.72M | 288.42M | 224.36M | 214.97M | 213.91M | 214.67M | 215.38M | 210.19M | 200.99M | 196.03M | 190.33M | 189.17M | 23.58M | 31.52M | 33.53M | 33.76M | 31.65M | 23.5M | 24.04M |
| Property, Plant & Equipment | 71.42M | 68.19M | 63.46M | 55.39M | 44.76M | 40.23M | 40.69M | 38.66M | 33.95M | 25.25M | 24.17M | 22.11M | 19.07M | 16.45M | 17.64M | 18.83M | 19.87M | 20.98M | 22.02M | 22.46M |
| Fixed Asset Turnover | 2.38x | 2.61x | 2.75x | 3.00x | 3.27x | 3.36x | 3.23x | 3.45x | 3.99x | 4.81x | 4.71x | 11.22x | 12.24x | 11.96x | 10.51x | 9.65x | 8.13x | 7.23x | 5.91x | 5.50x |
| Goodwill | 153.96M | 154.71M | 154.48M | 123.52M | 123.52M | 123.52M | 123.52M | 123.52M | 123.52M | 123.52M | 123M | 123.45M | 123.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 48.41M | 51.39M | 53.64M | 26.84M | 28.31M | 29.77M | 31.24M | 32.7M | 34.17M | 35.63M | 37.09M | 38.56M | 40.02M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 7.58M | 0 | 0 | 0 | 0 | 0 | 0 | 9.11M | 0 | 0 | 2.11M | 0 | 0 | 7.84M | 7.88M | 8.04M | 8.38M | 830K | 940K |
| Other Non-Current Assets | 14.5M | 7.31M | 16.84M | 18.6M | 18.38M | 19.98M | 19.23M | 20.49M | 18.55M | 16.09M | 11.44M | 3.33M | 5.79M | 5.92M | 6.04M | 6.83M | 5.86M | 2.29M | 643K | 642K |
| Total Assets | 1.48B | 1.53B | 1.49B | 1.21B | 1.35B | 1.46B | 1.44B | 1.49B | 1.56B | 1.59B | 1.6B | 1.7B | 1.77B | 1.77B | 1.77B | 1.78B | 1.79B | 1.83B | 1.78B | 1.78B |
| Asset Turnover | 0.11x | 0.11x | 0.12x | 0.12x | 0.10x | 0.09x | 0.09x | 0.08x | 0.07x | 0.07x | 0.07x | 0.13x | 0.12x | 0.11x | 0.11x | 0.10x | 0.09x | 0.09x | 0.07x | 0.11x |
| Asset Growth % | 9.42% | 4.23% | 3.66% | -18.39% | -13.39% | -7.96% | -10.44% | -12.67% | -12.16% | -10.2% | -9.65% | -4.1% | -1.08% | -3.28% | -0.49% | -0.19% | 272.24% | 299.93% | - | - |
| Total Current Liabilities | 721.14M | 749.06M | 636.77M | 361.3M | 356.97M | 370.99M | 333.57M | 337.85M | 338.58M | 336.58M | 296.87M | 318.34M | 326.31M | 282.88M | 250.23M | 228.5M | 233.89M | 237.97M | 188.51M | 171.64M |
| Accounts Payable | 281.09M | 226.37M | 1.52M | 203.08M | 210.97M | 193.93M | 168.11M | 180.11M | 190.78M | 175.06M | 148.19M | 128.67M | 149.85M | 145.99M | 118.84M | 117.99M | 131.74M | 123.87M | 90.9M | 84.32M |
| Days Payables Outstanding | 473.71 | 201.06 | 193.06 | 406.62 | 451.06 | 443.07 | 423.36 | 367.52 | 492.38 | 417.82 | 350.04 | 86.5 | 103.86 | 104.41 | 97.69 | 104.6 | 125.88 | 124.09 | 111.27 | 108.27 |
| Short-Term Debt | 0 | 10.74M | 0 | 7.72M | 7.72M | 7.72M | 7.96M | 7.89M | 7.89M | 7.89M | 8.53M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 11.76M | 0 | 7.63M | 10.46M | 13.59M | 12.89M | 10.27M | 11.57M | 11.83M | 12.18M | 12.97M | 13.87M | 17.05M | 21.3M | 16.56M | 18.84M | 19.06M | 8.98M | 8.25M |
| Other Current Liabilities | 440.05M | 443.51M | 270.07M | 25.34M | 14.61M | 47.62M | 38.67M | 31.8M | 100.12M | 45.85M | 38.11M | 150.31M | 76.28M | 43.76M | 43.15M | 29.13M | 62.48M | 36.34M | 60.13M | 60.03M |
| Current Ratio | 1.65x | 1.65x | 1.88x | 2.74x | 3.18x | 3.37x | 3.66x | 3.77x | 3.98x | 4.13x | 4.74x | 4.76x | 4.86x | 6.17x | 6.97x | 7.63x | 7.52x | 7.56x | 9.33x | 10.23x |
| Quick Ratio | 1.65x | 1.65x | 1.88x | 2.74x | 3.18x | 3.36x | 3.66x | 3.77x | 3.96x | 4.11x | 4.72x | 4.74x | 4.84x | 6.16x | 6.94x | 7.61x | 7.50x | 7.54x | 9.33x | 10.23x |
| Cash Conversion Cycle | - | -136.06 | - | - | - | -365.15 | - | - | -388.52 | -333.8 | -263.83 | -46.68 | -65.05 | -70.24 | -73.02 | -76.73 | -88.82 | -84.12 | - | - |
| Total Non-Current Liabilities | 13.29M | 14.02M | 12.43M | 9.86M | 5.39M | 7.2M | 6.61M | 8.06M | 9.11M | 9.72M | 11.3M | 13.19M | 14.22M | 14.51M | 11.88M | 13.87M | 15.96M | 18.98M | 21.3M | 22.7M |
| Long-Term Debt | 4.8M | 5.54M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 5.54M | 4.84M | 2.98M | 26K | 870K | 2.08M | 3.25M | 4.08M | 5.13M | 6.14M | 7.13M | 8.1M | 9.03M | 9.93M | 10.79M | 11.62M | 12.43M | 13.22M | 13.98M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.66M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7.52M |
| Other Non-Current Liabilities | 8.49M | 309K | 7.59M | 6.88M | 5.37M | 1.55M | 4.52M | 4.81M | 5.03M | 520K | 653K | 1.1M | 1.1M | 1.27M | 0 | 0 | 450K | 450K | 1.2M | 8.71M |
| Total Liabilities | 734.43M | 763.08M | 649.2M | 371.16M | 362.37M | 378.19M | 340.18M | 345.91M | 347.7M | 346.3M | 308.17M | 331.53M | 340.53M | 297.39M | 262.12M | 242.37M | 249.85M | 256.95M | 209.8M | 194.34M |
| Total Debt | 4.8M | 21.81M | 7.91M | 14.46M | 12.11M | 13.22M | 14.57M | 15.55M | 15.99M | 16.93M | 18.46M | 10.79M | 11.62M | 12.43M | 13.22M | 13.98M | 14.73M | 15.45M | 16.15M | 16.84M |
| Net Debt | -669.99M | -960.01M | -739.34M | -718.26M | -818.78M | -909.8M | -871.85M | -909.17M | -954.37M | -964.05M | -929.29M | -939.37M | -1.04B | -1.17B | -1.19B | -1.21B | -1.18B | -1.23B | -1.24B | -1.56B |
| Debt / Equity | 0.01x | 0.03x | 0.01x | 0.02x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x |
| Debt / EBITDA | 0.44x | - | - | - | - | - | - | 0.14x | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -61.20x | - | - | - | - | - | - | -8.34x | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 742.28M | 761.96M | 839.23M | 843.43M | 987.26M | 1.09B | 1.1B | 1.14B | 1.21B | 1.24B | 1.3B | 1.37B | 1.43B | 1.47B | 1.51B | 1.53B | 1.54B | 1.57B | 1.57B | 1.59B |
| Equity Growth % | -24.81% | -29.77% | -23.4% | -26.17% | -18.45% | -12.74% | -15.4% | -16.77% | -15.55% | -15.59% | -14.37% | -10.55% | -7.12% | -6.39% | -3.88% | -3.24% | 435.41% | 446.02% | - | - |
| Book Value per Share | 1.71 | 1.65 | 1.87 | 1.83 | 1.97 | 2.16 | 2.16 | 2.18 | 2.34 | 2.38 | 2.45 | 2.55 | 2.66 | 2.70 | 2.75 | 2.82 | 2.85 | 2.91 | 2.92 | 2.97 |
| Total Shareholders' Equity | 742.28M | 761.96M | 839.23M | 843.43M | 987.26M | 1.09B | 1.1B | 1.14B | 1.21B | 1.24B | 1.3B | 1.37B | 1.43B | 1.47B | 1.51B | 1.53B | 1.54B | 1.57B | 1.57B | 1.59B |
| Common Stock | 43K | 43K | 45K | 45K | 48K | 50K | 50K | 51K | 52K | 52K | 53K | 52K | 53K | 53K | 54K | 54K | 54K | 54K | 54K | 54K |
| Retained Earnings | -804M | -811.83M | -810.44M | -806.82M | -806.17M | -797.91M | -770.79M | -742.15M | -861.25M | -825.2M | -784.82M | -729.83M | -671.03M | -602.23M | -575.91M | -522.74M | -478.05M | -417.45M | -380.65M | -334.92M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -310K | 1.51M | 1.4M | -102K | -276K | -314K | 833K | -1.27M | -824K | 762K | -1.84M | -1.48M | -3.18M | -7.24M | -10.57M | -10.19M | -8.12M | -2.23M | -383K | -88K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |