Marqeta (Marqeta) COGS-to-Revenue : 0.29 (As of Mar. 2024)

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What is Marqeta COGS-to-Revenue?

Marqeta's Cost of Goods Sold for the three months ended in Mar. 2024 was $33.8 Mil. Its Revenue for the three months ended in Mar. 2024 was $118.0 Mil.

Marqeta's COGS to Revenue for the three months ended in Mar. 2024 was 0.29.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Marqeta's Gross Margin % for the three months ended in Mar. 2024 was 71.34%.

Marqeta COGS-to-Revenue Historical Data

The historical data trend for Marqeta's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Marqeta COGS-to-Revenue Chart

Marqeta Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.58

0.59

0.55

0.57

0.51

Marqeta Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial													0.59	0.63	0.33	0.30	0.29

Marqeta COGS-to-Revenue Calculation

Marqeta's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	346.657	/	676.171
	=	0.51

Marqeta's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	33.807	/	117.968
	=	0.29

Marqeta (NAS:MQ) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Marqeta's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	33.807 / 117.968
	=	71.34 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

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Marqeta (Marqeta) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Marqeta Inc (NAS:MQ) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

MQ:Mexico 8QJ:Germany

Address

180 Grand Avenue, 6th Floor, Oakland, CA, USA, 94612

Website

https://www.marqeta.com

Headquartered in Oakland, California, and founded in 2010, Marqeta provides its clients with a card-issuing platform that offers the infrastructure and tools necessary to offer digital, physical, and tokenized payment options without the need for a traditional bank. The company's open APIs are designed to allow third parties like DoorDash, Klarna, and Block to rapidly develop and deploy innovative card-based products and payment services without the need to develop the underlying technology. The company generates revenue primarily through processing and ATM fees for cards issued on its platform.

Executives

Randall F. Kern	officer: Chief Technology Officer	C/O MARQETA, INC., 180 GRAND AVE., FLR 6, OAKLAND CA 94612
Godfrey Sullivan	director	SPLUNK INC., 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Judson C Linville	director	200 VESEY STREET, NEW YORK NY 10285
Martha Cummings	director	C/O MARQETA, INC., 180 GRAND AVE., FLR 6, OAKLAND CA 94612
Najuma Atkinson	director	C/O HASBRO, INC., 1011 NEWPORT AVE, PAWTUCKET RI 02861
Crystal Sumner	officer: See Remarks	415 KEARNY STREET, SAN FRANCISCO CA 94108
Todd Pollak	officer: Chief Revenue Officer	180 GRAND AVENUE, 6TH FLOOR, OAKLAND CA 94612
Simon Khalaf	director, officer: Chief Executive Officer	180 GRAND AVENUE, 6TH FLOOR, OAKLAND CA 94612
Srikiran Prasad	director	180 GRAND AVENUE, 6TH FLOOR, OAKLAND CA 94612
Seth R Weissman	officer: See Remarks	3055 CLEARVIEW WAY, SAN MATEO CA 94402
Michael Milotich	officer: Chief Financial Officer	180 GRAND AVENUE, 6TH FLOOR, OAKLAND CA 94612
83north Ii Limited Partnership	10 percent owner	10 ABBA EBAN BOULEVARD, BUILDING C, 9TH FLOOR, HERZLIYA PITUACH L3 46733
Iconiq Strategic Partners Iii, L.p.	10 percent owner	394 PACIFIC AVENUE, 2ND FLOOR, SAN FRANCISCO CA 94111
Vidya Peters	officer: Chief Marketing Officer	C/O MARQETA, INC., 180 GRAND AVE., FLR 6, OAKLAND CA 94612
Amy Chang	director	2100 SEAPORT BLVD., C/O INFORMATICA CORPORATION, REDWOOD CITY CA 94063