Marqeta Q3: Net revenue $163M (+28% YoY), TPV $98B (+33%), adjusted EBITDA $30M

Marqeta, Inc.

Net revenue $163.3M (+28% YoY); gross profit $114.6M (+27% YoY); gross margin 70%.
TPV $98B (+33% YoY); GAAP net loss $3.6M ($0.01 EPS) vs $28.6M loss ($0.06) prior year.
Adjusted EBITDA $30.0M; total operating expenses down 6% YoY to $124.9M.
Signed global Fortune 500 for supplier payments; expanded European credit program for SMB loyalty; deepened expense management customer in Europe.

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