ForgeRock, Inc. (FORG) vs Marqeta, Inc. (MQ)
ForgeRock, Inc. and Marqeta, Inc. are both Software Infrastructure companies. ForgeRock, Inc. is the larger, with a market value of $2.0B against $1.7B — 1.1× the size. ForgeRock, Inc. has negative trailing earnings, so its P/E is not meaningful; Marqeta, Inc. trades at 154×. ForgeRock, Inc. grew revenue faster over the last twelve months: 29.4% against 22.4%. Marqeta, Inc. has the higher net margin (1.53% vs −33.6%) and the higher return on invested capital (0.00% vs −761.8%). Across the 17 metrics below, Marqeta, Inc. leads on 11 and ForgeRock, Inc. on 6.
Valuation
Profitability
| Metric | FORG | MQ | Software Infrastructure median |
|---|---|---|---|
| Gross margin | 80.91% | 69.99% | 61.23% |
| Operating margin | (34.48%) | (1.91%) | 0.00% |
| Net margin | (33.58%) | 1.53% | 0.00% |
| Free cash flow margin | (16.63%) | 24.69% | 1.67% |
| Return on equity | (27.00%) | 1.33% | 0.59% |
| Return on assets | (17.76%) | 0.80% | 0.00% |
| Return on invested capital | (761.80%) | 0.00% | 0.00% |
Growth
Health
Dividend
Size
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