Marqeta Earnings Reports

Marqeta's Q4 2024 shows a year-over-year increase in total processing volume (TPV) by 29% reaching $80 billion. Net Revenue increased by 14% to $136 million, and Gross Profit increased by 18% to $98 million. The company reported a GAAP Net Loss of $27 million and an Adjusted EBITDA of $13 million.

Marqeta's Q3 2024 results showed strong growth with a 30% increase in Total Processing Volume (TPV) reaching $74 billion, and an 18% increase in Net Revenue to $128 million. Gross Profit also increased by 24% to $90 million. The company reported a GAAP Net Loss of $29 million, while Adjusted EBITDA stood at $9 million.

Marqeta reported a 32% year-over-year increase in Total Processing Volume (TPV) reaching $71 billion. Net Revenue decreased by 46% to $125 million, impacted by a change in revenue presentation due to a new Cash App contract. GAAP Net Income was $119 million, including a $158 million one-time benefit. Adjusted EBITDA was negative $2 million.

Marqeta's first quarter of 2024 showed a solid trajectory with a 33% year-over-year increase in Total Processing Volume (TPV) to $67 billion. Net Revenue was $118 million, a decrease of 46% year-over-year, impacted by a change in revenue presentation due to the new Cash App contract. Gross Profit decreased by 6% year-over-year to $84 million. GAAP Net Loss was $36 million, while Adjusted EBITDA was positive at $9 million, representing an Adjusted EBITDA margin of 8%.

Marqeta reported a 33% year-over-year increase in total processing volume (TPV) to $62 billion for Q4 2023. Net revenue for the quarter was $119 million, a 42% decrease year-over-year, primarily due to the Cash App contract renewal. The company reported a GAAP net loss of $40 million and Adjusted EBITDA income of $3 million for the quarter.

Marqeta reported Q3 2023 financial results, with a total processing volume (TPV) of $57 billion, a 33% year-over-year increase. Net revenue was $109 million, a 43% decrease year-over-year, impacted by a change in revenue presentation due to the new Cash App contract. The company's gross profit was $73 million, with a gross margin of 67%. GAAP operating expenses were $142 million, and the net loss was $55 million.

Marqeta reported a 24% increase in net revenue, reaching $231 million, driven by a 33% increase in total processing volume (TPV). The company also extended its contract with Cash App for four years and expanded into Brazil through a partnership with Fitbank.

Marqeta reported a 31% increase in net revenue, reaching $217 million, driven by a 37% increase in total processing volume (TPV) to $50 billion. The company is implementing operational efficiencies to reduce expenses and has authorized a $200 million share repurchase program.

Marqeta reported a 31% increase in net revenue to $204 million and a 41% increase in TPV to $47 billion in Q4 2022. The company's gross profit increased by 15% year-over-year to $87 million, while GAAP net loss decreased by 28% to $26 million.

Marqeta reported a 46% year-over-year increase in net revenue, reaching $192 million in Q3 2022. The company's total processing volume grew by 54%, and it launched new banking capabilities and a European data residency program.

Marqeta's second quarter results showed a 53% increase in net revenue, reaching $187 million, and a 53% growth in total processing volume. Gross profit increased by 66% to $78 million, while GAAP net loss was $45 million.

Marqeta's first quarter 2022 results showed strong growth, with net revenue up 54% year-over-year to $166 million and a 53% increase in total processing volume. Gross profit also increased by 50% year-over-year.

Marqeta's Q4 2021 net revenue reached $155 million, a 76% year-over-year increase, with a total processing volume of $33 billion, also up by 76%. The company's annual revenue was $517 million, up 78% from 2020, and annual total processing volume increased by 85% to $111 billion.

Marqeta's Q3 2021 earnings report revealed a 56% year-over-year increase in net revenue, reaching $132 million. The company experienced a 60% growth in total processing volume and a 67% increase in gross profit.

Marqeta's Q2 2021 earnings report revealed a 76% increase in net revenue to $122 million and a 76% increase in total processing volume (TPV) to $26.5 billion, alongside a 70% increase in gross profit. However, the company reported a GAAP net loss of $68.6 million and an Adjusted EBITDA of $(10.6) million.