Marqeta, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $-13.9M | $27.3M | $-223.0M | $-184.8M | $-163.9M | $-47.7M | $-58.2M |
| Depreciation & Amortization | $27.2M | $17.5M | $10.7M | $3.9M | $3.5M | $3.5M | $3.1M |
| Depreciation | — | — | — | — | — | — | — |
| Amortization | $5.9M | $5.9M | $5.4M | — | — | — | — |
| Stock-Based Compensation | $104.8M | $136.6M | $127.5M | $107.5M | $142.7M | $28.2M | $21.8M |
| Net Cash from Operating Activities | $162.6M | $58.2M | $21.1M | $-13.0M | $57.0M | $50.3M | $-15.4M |
| Investing Activities | |||||||
| Capital Expenditures | $1.8M | $2.4M | $762.0K | $2.3M | $2.7M | $2.4M | $4.9M |
| Business Acquisitions | $45.7M | $0 | $135.8M | $0 | $0 | — | — |
| Net Cash from Investing Activities | $271.1M | $70.8M | $38.5M | $28.7M | $-329.1M | $-57.6M | $-100.3M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | $391.4M | $154.4M | $190.4M | $78.1M | $0 | $0 | — |
| Net Cash from Financing Activities | $-347.3M | $-186.9M | $-261.8M | $-79.5M | $1.30B | $167.4M | $139.0M |
| Net Change in Cash | $86.4M | $-58.0M | $-202.2M | $-63.7M | $1.03B | $160.1M | $23.3M |
| Free Cash Flow | $160.8M | $55.8M | $20.3M | $-15.3M | $54.2M | $47.9M | $-20.3M |