Marqeta Q4 2024 Earnings Report
Key Takeaways
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.
Total processing volume (TPV) was $80 billion, a 29% year-over-year increase.
Net Revenue reached $136 million, representing a 14% year-over-year increase.
Gross Profit increased by 18% year-over-year to $98 million.
GAAP Net Loss decreased by $13 million, or 33%, year-over-year to $27 million.
Marqeta
Marqeta
Forward Guidance
Marqeta provided guidance for the first quarter of 2025, projecting net revenue growth of 14-16% and gross profit growth of 11-13%. The adjusted EBITDA margin is expected to be between 10-11%.
Positive Outlook
- Net Revenue Growth: 14 - 16%
- Gross Profit Growth: 11 - 13%
- Adjusted EBITDA Margin: 10 - 11%