Marqeta, Inc.
Close on Oct 19, 2026
- Market cap
- $2.00B
- P/E (TTM)
- 186.9
- Dividend yield
- –
About Marqeta
Services-Prepackaged Software, SIC 7372
Marqeta provides an open API, cloud-based platform for card issuing and payment processing. The company supports debit, prepaid, and credit card programs across consumer and commercial use cases, offering both virtual and physical card options. Its core offerings include issuer transaction processing, issuing bank and card network integration, program management, fraud management, and banking and money movement services. Marqeta serves clients across various industries, including financial services, on-demand delivery, lending, buy-now-pay-later, expense management, and e-commerce enablement.
The company is certified to operate in more than 40 countries globally, with program management capabilities spanning the United States, Canada, the United Kingdom, Gibraltar, and the European Economic Area. The provided text does not disclose the location of the company's corporate headquarters.
Summary of the business section of Marqeta's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Marqeta, Inc.
- Founded
- 2010
- Headquarters
- Oakland, CA
- Address
- 180 Grand Avenue, 6th Floor 94612
- Phone
- 1-510-671-5437
- Website
- marqeta.com
- Employees
- 938, Dec 31, 2025
- Industry
- Services-Prepackaged Software
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, San Francisco, California
Stock & identifiers
- Ticker
- MQ
- Exchange
- Nasdaq
- IPO date
- Jun 10, 2021
- Shares outstanding
- 104M, Jul 31, 2026
- Public float
- $2.30B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 1-for-4 reverse, Jul 1, 2026; 1-for-4 reverse, Jun 10, 2026
- SEC CIK
- 1522540
- CUSIP
- 57142B104
- ISIN
- US57142B1044
- LEI
- 254900UZARK0FMZGZE18
- EIN
- 27-4306690
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Michael Milotich | Chief Executive Officer, Director | 363,941 |
| Simon Khalaf | Chief Executive Officer, Director | 763,585 |
| Eugenia Gibbons | Chief Product Officer | – |
| Crystal Sumner | See Remarks | 168,895 |
| Todd Pollak | Chief Revenue Officer | 197,599 |
| Patti Kangwankij | Chief Financial Officer | 0 |
| Sarah Barkema | Principal Accounting Officer | 52,294 |
| Lukasz Strozek | Chief Technology Officer | 0 |
| Martha Cummings | Director | 10,830 |
| Jason M. Gardner | Director | 8,722,860 |
| R. Mark Graf | Director | 21,969 |
| Judson C. Linville | Director | 41,257 |
| Srikiran Prasad | Director | 40,658 |
| Wendy Thomas | Director | 17,800 |
| Najuma Atkinson | Director | 44,604 |
| Elaine Paul | Director | 8,900 |
| Alpesh Chokshi | Director | 21,870 |
| Godfrey Sullivan | Director | 99,999 |
| Helen Riley | Director | 99,999 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Michael Milotich | $11.05M | $11.36M | $5.20M | $16 | $240 |
| FY2025 Simon Khalaf | $113.55K | -$8.72M | $5.20M | $16 | $240 |
| FY2024 Simon Khalaf | $11.45M | -$1.09M | $4.76M | $12 | $193 |
| FY2023 | $6.88M | $10.55M | $6.88M | $23 | $142 |
| FY2023 Jason Gardner | $600.76K | -$12.59M | $6.88M | $23 | $142 |
| FY2023 Michael Milotich | $600.76K | -$12.59M | $6.88M | $23 | $142 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had a total of 938 employees and we supplement our workforce with contractors and consultants.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 7, 2024 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jun 10, 2021 | IPO | Initial public offering priced (424B4 prospectus) |
| Jun 7, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |