secwatch.observer — SEC 8-K summary
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Issuer:     Marqeta, Inc. (MQ)
CIK:        0001522540
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001628280-25-023149
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1522540/000162828025023149/0001628280-25-023149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1522540/000162828025023149/mq-20250507.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-023149

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