Marqeta Q4 2021 Earnings Report
Key Takeaways
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.
Q4 net revenue was $155.414 million, up 76% year-over-year.
Q4 total processing volume (TPV) was $33.046 billion, a 76% year-over-year increase.
Q4 gross profit reached $75.799 million, up 108% year-over-year.
Marqeta crossed a major platform scale milestone in December, with annual TPV crossing $100 billion for 2021, finishing at $111 billion for the year.
Marqeta
Marqeta
Forward Guidance
Marqeta provided guidance for the first quarter of 2022, expecting net revenue growth of 48-50%, a gross profit margin of 43-44%, and an adjusted EBITDA margin of negative 8-9%.