{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-007593","form_type":"8-K","ticker":"MQ","cik":"0001522540","company_name":"Marqeta, Inc.","filed_at":"2024-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.482792+00:00","generated_at":"2026-06-05T08:41:43.683932+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Marqeta Q4 net revenue down 42% YoY to $119M; GAAP net loss $40M; TPV up 33% to $62B","bullets":["Q4 net revenue $118.8M, down 42% YoY, with 59 ppt negative impact from Cash App contract renewal.","GAAP net loss $40.4M ($0.08/share) vs $26.3M loss a year ago; Adjusted EBITDA income of $3M.","Full-year 2023 net revenue $676M (-10% YoY); GAAP net loss $223M; adjusted EBITDA loss $2M.","TPV $62B in Q4 (+33% YoY) and $222B for full year (+34% YoY); gross profit $83M in Q4 (-4% YoY).","Announced first credit card deals: ITS for T&E card and Affinipay/LawPay revolving credit card."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-007593","json":"https://secwatch.observer/filing/0001628280-24-007593.json","markdown":"https://secwatch.observer/filing/0001628280-24-007593.md","text":"https://secwatch.observer/filing/0001628280-24-007593.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1522540/000162828024007593/0001628280-24-007593-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1522540/000162828024007593/mq-20240228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T08:41:43.683932+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fb63629011fe3015b6abc5b4a9936da10b665292","claim":"Marqeta, Inc. reported the quarter and full year ended December 31, 2023 results: revenue $119 million, net income GAAP net loss of $40 million, EPS $(0.08).","evidence_excerpt":"FULL YEAR 2023 FINANCIAL RESULTS The global modern card issuing platform had $62 billion in fourth quarter total processing volume, up 33 percent year-over-year, and generated $119 million in fourth quarter net revenue. The Company's annual total processing volume was up 34 percent year-over-year to $222 billion, generating $676 million in annual revenue. OAKLAND,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1522540/000162828024007593/0001628280-24-007593-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and full year ended December 31, 2023"},{"label":"Revenue","value":"$119 million"},{"label":"Net income","value":"GAAP net loss of $40 million"},{"label":"EPS","value":"$(0.08)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}