secwatch.observer — SEC 8-K summary
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Issuer:     Marqeta, Inc. (MQ)
CIK:        0001522540
Form:       8-K
Filed at:   2022-08-10T23:59:59+00:00
Accession:  0001522540-22-000036
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marqeta Q2 net revenue $187M (+53% YoY); gross margin 42% vs 38% year ago
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- Total processing volume $40B, up 53% YoY.
- Gross profit $78M (+66% YoY); gross margin improved to 42% from 38%.
- GAAP net loss $45M ($0.08 per share) vs $68.6M loss ($0.29) a year ago.
- Adjusted EBITDA loss $10M, narrowing from prior year.
- Business updates: Western Union partnership in Europe, 40+ new credit APIs, Opal Plus transit program in Australia.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1522540/000152254022000036/0001522540-22-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1522540/000152254022000036/mq-20220810.htm
  HTML page:      https://secwatch.observer/filing/0001522540-22-000036

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