Marqeta
Financial Performance
Marqeta Revenue & Financials
Revenue
$680M (FY2024)
Employees
880
What is Marqeta's revenue?
Marqeta had $680M in revenue for fiscal year 2024, up 4.6% from 2023.
- Latest revenue
- $680M (FY2024)
- Year-over-year
- +4.6%
- Growth rate (CAGR)
- 9.6% over 3 years
- Peak revenue
- $748M (FY2022)
- Years of data
- 4
- Employees
- 880
- How many employees does Marqeta have?
- Marqeta has about 880 employees.
Financial Analysis
Marqeta processed over $250 billion in total payment volume (TPV) in 2024, generating net revenues of $680 million. The renewal of its flagship commercial partnership with Block through 2027 secured long-term volume stability, while rapid growth in corporate expense cards (Brex, Ramp) and embedded finance programs diversified its revenue base and supported positive adjusted EBITDA margins.
Revenue Trend Analysis
YoY Change
+4.6%
3-Year CAGR
+9.6%
Peak Year
2022
Trend
Mostly Growing
Marqeta has 4 full fiscal year figures on this page, compounding at +9.6% annually over 3 years. The most recent year saw a 4.6% increase versus the prior year. Annual revenue peaked in fiscal year 2022 at $748M. Of 3 comparable year-over-year steps, 2 showed growth and 1 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2024 | $680M | +4.6% |
| FY2023 | $650M | -13.1% |
| FY2022 | $748M | +44.7% |
| FY2021 | $517M | — |
Click any row to see year details.
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Marqeta Revenue and Financial FAQ
What was Marqeta's revenue in 2021?
Marqeta achieved $680M in revenue for fiscal year 2021.
Is Marqeta profitable?
Marqeta's financial performance balances disciplined operating profitability with strategic reinvestment into engineering, infrastructure, and international sales expansion.
How fast is Marqeta growing?
Marqeta has achieved solid compound annual revenue growth supported by strong enterprise customer retention and expanding average contract values.
How does Marqeta fund its capital expenditures?
Marqeta funds capital outlays through operating cash flows, institutional credit facilities, and equity capital reserves.
What is Marqeta's debt profile?
Marqeta maintains a conservative debt-to-capitalization profile, prioritizing financial flexibility and low interest obligations.
Where does Marqeta reinvest its profits?
Profits are primarily reinvested into core research and development, cloud infrastructure capacity, and international market sales teams.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Marqeta Revenue & Financials." CorpDigest, https://corpdigest.com/company/marqeta/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Marqeta reported $680M in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/marqeta/financials" target="_blank" rel="noopener">CorpDigest — Marqeta financials</a></div>Related Financial Audits
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