secwatch.observer — SEC 8-K summary
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Issuer:     Marqeta, Inc. (MQ)
CIK:        0001522540
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001628280-25-008133
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marqeta Q4 TPV $80B (+29%); Net Rev $136M; GAAP Net Loss $27M; FY Net Income $27M; $300M buyback
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- Q4 TPV $80B (+29% YoY), Net Rev $136M (+14%), Gross Profit $98M (+18%), GAAP Net Loss $27M.
- FY TPV $291B (+31%), Net Rev $507M (-25% due to Cash App renewal), Gross Profit $352M (+7%), GAAP Net Income $27M.
- Adjusted EBITDA $13M in Q4, $29M for FY; operating expenses down 39% YoY for the year.
- Board authorized $300M share repurchase; acquiring TransactPay for UK/EEA EMI licenses; adds Amex network option.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1522540/000162828025008133/0001628280-25-008133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1522540/000162828025008133/mq-20250226.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-008133

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer