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Sep 30, 2021
Marqeta Q3 2021 Earnings Report
Marqeta reported strong growth in net revenue and total processing volume.
Key Takeaways
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.
Net revenue increased by 56% year-over-year to $132 million.
Total Processing Volume (TPV) increased by 60% year-over-year to $27.6 billion.
Gross profit increased by 67% year-over-year to $59 million.
European business saw a 340% year-over-year increase in transactions.
Forward Guidance
Marqeta's guidance for the fourth quarter of 2021 includes net revenue between $134 million and $139 million and Adjusted EBITDA between $(10) million and $(7) million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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