Marqeta, Inc. (MQ) vs Progress Software Corporation (PRGS)
A side-by-side comparison of Marqeta, Inc. and Progress Software Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
MQ
Marqeta, Inc.
$16.55TechnologyDelayed quote: Oct 6, 2026, 4:00 PM EDT
PRGS
Progress Software Corporation
$37.20TechnologyDelayed quote: Oct 6, 2026, 4:00 PM EDT
Total return — MQ vs PRGS
growth of $100 · dividends reinvested · last 5yMQ -86.1% (-32.6%/yr)PRGS -16.8% (-3.6%/yr)PRGS compounded faster over this window
Log scale — wide-divergence pair
MQ PRGS
MQ vs PRGS: by the numbers
- •MQ is the larger company ($1.62B vs $1.53B market cap).
- •PRGS trades at the lower trailing earnings multiple (17.14 vs 170.27 P/E), one valuation lens rather than an overall verdict.
- •PRGS converts more revenue to profit (9.24% vs 1.53% net margin).
- •PRGS grew revenue faster over the past five years (14.26% vs 10.95% CAGR).
Metrics side by side
Valuation
| Metric | MQ | PRGS |
|---|---|---|
| P/E ratio | 170.27 | 17.14 |
| Forward P/E | 74.51 | 6.01 |
| P/S ratio | 2.39 | 1.53 |
| P/B ratio | 2.26 | 2.88 |
| EV / EBITDA | 21.65 | 8.77 |
| FCF yield | 10.54% | 20.92% |
Profitability
| Metric | MQ | PRGS |
|---|---|---|
| Gross margin | 11.15% | 79.66% |
| Operating margin | -1.68% | 18.13% |
| Net margin | 1.53% | 9.24% |
| ROE | 1.45% | 17.44% |
| ROIC | -1.42% | 7.97% |
Growth (annualized)
| Metric | MQ | PRGS |
|---|---|---|
| Revenue CAGR (5Y) | 10.95% | 14.26% |
| EPS CAGR (5Y) | N/A | -0.92% |
| FCF CAGR (5Y) | 34.07% | 13.22% |
| Total return CAGR (5Y) | -27.24% | -4.90% |
Frequently asked
- Which has the lower trailing P/E, MQ or PRGS?
- PRGS has the lower trailing P/E: MQ trades at 170.27 and PRGS at 17.14. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, MQ or PRGS?
- Over the past five years, PRGS grew revenue faster — MQ at a 10.95% CAGR versus PRGS at 14.26%.
- Is MQ or PRGS more profitable?
- PRGS runs the higher net margin — MQ at 1.53% versus PRGS at 9.24%.
- How have MQ and PRGS total returns compared?
- Over the past 5 years, MQ delivered -27.24% and PRGS delivered -4.90% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Marqeta P/E ratioProgress Software P/E ratioMarqeta ROEProgress Software ROEMarqeta operating marginProgress Software operating marginMarqeta revenue growthProgress Software revenue growthMarqeta free cash flowProgress Software free cash flow
Marqeta & Progress Software appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.