---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-028190"
form_type: "8-K"
ticker: "MQ"
cik: "0001522540"
company_name: "Marqeta, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T01:43:49.928171+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Marqeta Q2 net revenue $231M (+24% YoY); extends Cash App contract through 2027

## Summary
- TPV $54B (+33% YoY); net revenue $231M (+24%); gross profit $85M (+8%); gross margin 37%.
- GAAP net loss $59M ($0.11 EPS loss) vs $44.7M loss a year ago; Adjusted EBITDA $1M.
- Signed four-year extension with Block for Cash App Card through June 2027, effective July 1, 2023.
- Expanded into Brazil via partnership with Fitbank as BIN sponsor for local card issuance.

## SEC filing metadata
- accession: 0001628280-23-028190
- form_type: 8-K
- ticker: MQ
- cik: 0001522540
- company_name: Marqeta, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1522540/000162828023028190/0001628280-23-028190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1522540/000162828023028190/mq-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-028190
- JSON: https://secwatch.observer/filing/0001628280-23-028190.json
- Plain text: https://secwatch.observer/filing/0001628280-23-028190.txt

## Key facts
- Earnings Releases
  Marqeta, Inc. reported quarter ended June 30, 2023 results: revenue $ 231,115, net income ($58,797), EPS ($0.11).
  - Period: quarter ended June 30, 2023
  - Revenue: $ 231,115
  - Net income: ($58,797)
  - EPS: ($0.11)
  - Result: reported results
  source text: Three Months Ended June 30, % Change Six Months Ended June 30, % Change 2023 2022 2023 2022 Financial metrics: Net revenue $ 231,115 $ 186,678 24% $ 448,456 $ 352,780 27% Gross profit $ 84,609 $ 78,049 8% $ 173,771 $ 152,775 14% Gross margin 37 % 42 % 39 % 43 % Total operating expenses $154,030 $124,766 23% $330,624 $248,764 33% Net loss ($58,797) ($44,688) (32)% ($127,598) ($105,286) (21)% Net loss margin (25) % (24) % (28) % (30) % Net loss per share - basic and diluted ($0.11) ($0.08) (38)% ($0.24) ($0.19) (26)%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1522540/000162828023028190/0001628280-23-028190-index.htm

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