secwatch / observer
8-K filed February 28, 2023, 6:59 PM ET ticker MQ CIK 0001522540
earnings confidence high sentiment neutral materiality 0.75

Marqeta Q4 TPV $47B (+41% YoY), net revenue $204M (+31%), GAAP net loss $26M

Marqeta, Inc.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Marqeta, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $204 million, net income $26 million, EPS $(0.05).

Period
the fourth quarter ended December 31, 2022
Revenue
$204 million
Net income
$26 million
EPS
$(0.05)
Result
reported results
Exact text from the filing
Total processing volume (TPV) was $47 billion for the quarter and net revenue was $204 million. This represented a 41% increase in TPV and a 31% increase in net revenue, compared with the same quarter of 2021. The company saw gross profit of $87 million during the quarter, up 15% year-over-year. GAAP net loss was $26 million and an Adjusted EBITDA loss of $7 million for the quarter ended December 31, 2022.
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Marqeta, Inc. reported the full year ended December 31, 2022 results: revenue $748 million, net income $185 million, EPS $(0.34).

Period
the full year ended December 31, 2022
Revenue
$748 million
Net income
$185 million
EPS
$(0.34)
Result
reported results
Exact text from the filing
For the full 2022 fiscal year, TPV was $166 billion and net revenue was $748 million. This represented annual increases of 50% and 45%, respectively, from 2021 results. The company saw gross profit of $320 million during 2022, up 38% from the year prior. The company reported GAAP net loss of $185 million and an Adjusted EBITDA loss of $42 million for the year ended December 31, 2022.
View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

Marqeta, Inc. filing history →

Source: SEC EDGAR
accession 0001522540-23-000014
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