secwatch.observer — SEC 8-K summary
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Issuer:     Marqeta, Inc. (MQ)
CIK:        0001522540
Form:       8-K
Filed at:   2021-08-11T23:59:59+00:00
Accession:  0001522540-21-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marqeta Q2 revenue up 76% to $122M; net loss $68.6M on growth investments
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- Net revenue $122M (+76% YoY); TPV $26.5B (+76% YoY).
- Gross profit $47M (+70%); GAAP net loss $68.6M vs $7.1M loss year ago.
- Adjusted EBITDA loss of $10.6M; net loss per share $0.29.
- Key wins: Google Pay digital card, Affirm agreement extended to 2024; BNPL vertical revenue up 350%.
- Added CRO Darren Mowry (ex-AWS) and CTO Randy Kern (ex-Salesforce).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1522540/000152254021000009/0001522540-21-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1522540/000152254021000009/mq-20210811.htm
  HTML page:      https://secwatch.observer/filing/0001522540-21-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer