Marqeta Past Earnings Performance
Past criteria checks 2/6
Marqeta's earnings have been declining at an average annual rate of -3.1%, while the Diversified Financial industry saw earnings growing at 0.6% annually. Revenues have been growing at an average rate of 16.7% per year. Marqeta's return on equity is 1.3%, and it has net margins of 2.9%.
Key information
-3.1%
Earnings growth rate
33.2%
EPS growth rate
| Diversified Financial Industry Growth | 9.1% |
| Revenue growth rate | 16.7% |
| Return on equity | 1.3% |
| Net Margin | 2.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Marqeta makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 490 | 14 | 292 | 58 |
| 30 Jun 24 | 471 | -12 | 306 | 56 |
| 31 Mar 24 | 577 | -190 | 487 | 54 |
| 31 Dec 23 | 676 | -223 | 528 | 56 |
| 30 Sep 23 | 761 | -209 | 530 | 56 |
| 30 Jun 23 | 844 | -207 | 523 | 56 |
| 31 Mar 23 | 799 | -193 | 495 | 56 |
| 31 Dec 22 | 748 | -185 | 447 | 52 |
| 30 Sep 22 | 700 | -195 | 423 | 49 |
| 30 Jun 22 | 640 | -188 | 400 | 45 |
| 31 Mar 22 | 575 | -212 | 397 | 39 |
| 31 Dec 21 | 517 | -164 | 343 | 34 |
| 30 Sep 21 | 450 | -141 | 289 | 27 |
| 30 Jun 21 | 403 | -107 | 240 | 21 |
| 31 Mar 21 | 350 | -46 | 167 | 16 |
| 31 Dec 20 | 290 | -48 | 143 | 13 |
| 31 Dec 19 | 143 | -122 | 101 | 8 |
Quality Earnings: 8QJ has a large one-off gain of $17.9M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: 8QJ became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8QJ has become profitable over the past 5 years, growing earnings by -3.1% per year.
Accelerating Growth: 8QJ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 8QJ has become profitable in the last year, making it difficult to compare its past year earnings growth to the Diversified Financial industry (-11%).
Return on Equity
High ROE: 8QJ's Return on Equity (1.3%) is considered low.