---
schema_version: "secwatch.filing_event.v1"
accession: "0001522540-23-000014"
form_type: "8-K"
ticker: "MQ"
cik: "0001522540"
company_name: "Marqeta, Inc."
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T21:58:22.020284+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Q4 net revenue $204M (+31% YoY); gross profit $87M (+15%); GAAP net loss $26M; Adj. EBITDA loss $7M.
- Full year net revenue $748M (+45%), TPV $166B (+50%); GAAP net loss $185M.
- CEO Simon Khalaf appointed; founder Jason Gardner becomes Executive Chairman.
- Acquired Power Finance Inc. to enhance credit card capabilities.
- Chosen by Rakuten to support Club R Pay digital card for 12M members.

## SEC filing metadata
- accession: 0001522540-23-000014
- form_type: 8-K
- ticker: MQ
- cik: 0001522540
- company_name: Marqeta, Inc.
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1522540/000152254023000014/0001522540-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1522540/000152254023000014/mq-20230228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001522540-23-000014
- JSON: https://secwatch.observer/filing/0001522540-23-000014.json
- Plain text: https://secwatch.observer/filing/0001522540-23-000014.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1522540/000152254023000014/0001522540-23-000014-index.htm
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1522540/000152254023000014/0001522540-23-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.