---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-023149"
form_type: "8-K"
ticker: "MQ"
cik: "0001522540"
company_name: "Marqeta, Inc."
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T07:50:25.615548+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Marqeta Q1 TPV $84B (+27% YoY), net loss narrows to $8M from $36M

## Summary
- Total Processing Volume $84B (+27% YoY); Net Revenue $139M (+18%) and Gross Profit $99M (+17%).
- GAAP net loss of $8M, improved from $36M loss in Q1 2024; Adjusted EBITDA of $20M.
- Net loss per share ($0.02) vs ($0.07) a year ago; gross margin steady at 71%.
- Business wins: migrated Perpay Credit Card and launched Bitpanda Card across 26 European countries.

## SEC filing metadata
- accession: 0001628280-25-023149
- form_type: 8-K
- ticker: MQ
- cik: 0001522540
- company_name: Marqeta, Inc.
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1522540/000162828025023149/0001628280-25-023149-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1522540/000162828025023149/mq-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-023149
- JSON: https://secwatch.observer/filing/0001628280-25-023149.json
- Plain text: https://secwatch.observer/filing/0001628280-25-023149.txt

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