Marqeta Q2 2026: TPV $120B (+32%), GAAP net income $8M, $150M buyback authorized

Marqeta, Inc.

TPV of $120B (+32% YoY); Net Revenue $176M (+17%); Gross Profit $122M (+17%).
GAAP Net Income $8M (second consecutive profitable quarter); Adjusted EBITDA $37M (+31% YoY).
Board authorized $150M share repurchase program; prior $150M program completed.
Director Najuma Atkinson resigned effective Aug 3, 2026, not due to disagreement.
Partnerships: Expensify expands to Europe; stablecoin card solutions with zerohash and BVNK.

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