Lukasz Strozek
announced the appointment of Lukasz Strozek as Chief Technology Officer, effective May 18, 2026.
Highest-materiality recent filing
Marqeta files restated certificate effecting 1-for-4 reverse stock split and officer exculpation
Reverse stock split at 1-for-4 ratio effective upon filing; authorized common and preferred shares reduced proportionally.
Marqeta shareholders approve 1-for-4 reverse stock split
Shareholders approved a 1-for-4 reverse split of Class A and Class B common and preferred stock; authorized share count reduced.
Marqeta appoints Lukasz Strozek as CTO, effective May 18, 2026
Strozek most recently served as CTO of LendingClub; held prior CTO role at Hippo Insurance.
Marqeta Q1 2026: GAAP net income $8M; TPV $112B (+33%), revenue $166M (+19%)
Total Processing Volume $112B, up 33% YoY; net revenue $166M and gross profit $118M, both +19%.
Marqeta Q4 TPV $109B (+36% YoY), Gross Profit $120M (+22%), Net Loss $1M
Q4 TPV $109B (+36% YoY); Net Revenue $172M (+27%); Gross Profit $120M (+22%).
Marqeta appoints Patti Kangwankij as CFO effective Feb 9, 2026; Milotich remains CEO
Patti Kangwankij joins from Roofstock (CFO); previously at Stripe and JPMorgan.
Marqeta authorizes additional $100M share repurchase; prior program completed
Board approved new $100 million share repurchase program for Class A common stock.
Marqeta Q3: Net revenue $163M (+28% YoY), TPV $98B (+33%), adjusted EBITDA $30M
Net revenue $163.3M (+28% YoY); gross profit $114.6M (+27% YoY); gross margin 70%.
Marqeta designates Sarah Barkema as Principal Accounting Officer; CEO Milotich steps down from role
Sarah Barkema appointed Principal Accounting Officer effective Oct 21, 2025; she is also Chief Accounting Officer since Sept 2024.
Marqeta appoints Mike Milotich as permanent CEO, effective immediately
Mike Milotich appointed CEO and Board member; served as Interim CEO since Feb 2025 and continues as CFO during search for new CFO.
Marqeta Q2 2025: TPV up 29% to $91B, Gross Profit up 31%, closes TransactPay acquisition
Total Processing Volume reached $91 billion, up 29% year-over-year.
Marqeta shareholders elect three Class I directors, ratify KPMG, approve exec comp
Elected Jason Gardner (422.6M for, 85.8M withheld), R. Mark Graf (487.0M for, 21.4M withheld), Wendy Thomas (487.0M for, 21.5M withheld).
Marqeta Q1 TPV $84B (+27% YoY), net loss narrows to $8M from $36M
Total Processing Volume $84B (+27% YoY); Net Revenue $139M (+18%) and Gross Profit $99M (+17%).
Marqeta board reshuffles: two directors resign, two appointed effective April 18
Directors Godfrey Sullivan and Helen Riley resign from board effective June 12, 2025; no disagreement stated.
Marqeta CEO Simon Khalaf steps down; CFO Mike Milotich appointed Interim CEO
Simon Khalaf stepped down as CEO and director effective Feb 24, 2025; Board initiated CEO search.
Marqeta Q4 TPV $80B (+29%); Net Rev $136M; GAAP Net Loss $27M; FY Net Income $27M; $300M buyback
Q4 TPV $80B (+29% YoY), Net Rev $136M (+14%), Gross Profit $98M (+18%), GAAP Net Loss $27M.
Marqeta CPTO Randy Kern departs; severance of $623,437.50, role not immediately filled
Randy Kern ceased as Chief Product and Technology Officer on Nov 1, 2024; transition through Dec 31, 2024.
Marqeta Q3: TPV $74B (+30%), Gross Profit $90M (+24%), Net Loss narrows to $29M
Total Processing Volume $74B (+30% YoY); Net Revenue $128M (+18%); Gross Profit $90M (+24%).
Marqeta announces departure of CPTO Randy Kern; role will not be filled immediately
Randy Kern left as Chief Product and Technology Officer, effective November 1, 2024.
Marqeta Q2 2024: Net revenue down 46% to $125M, TPV up 32% to $71B
Total Processing Volume $71B (+32% YoY); Net Revenue $125M (-46% YoY) with 60ppt impact from Cash App contract change.
Marqeta appoints R. Mark Graf to board; director Arnon Dinur resigns after 10+ years
Arnon Dinur resigned from Marqeta's board on July 19, 2024, not due to any disagreement.
Marqeta shareholders elect directors, ratify KPMG, approve say-on-pay at 2024 annual meeting
Alpesh Chokshi, Kiran Prasad, Godfrey Sullivan elected as Class III directors with >641M votes each.
Marqeta Q1: net rev $118M, adj EBITDA +$9M; exec chairman Gardner to step down; $200M buyback
Net revenue $118M (-46% YoY) due to Cash App contract change; Gross profit $84M (-6%); GAAP net loss $36M.
Marqeta shareholder derivative lawsuit dismissed; $425k mootness fee paid
Derivative lawsuit over 2023 share repurchase program dismissed as moot; court closed case on Mar 25, 2024.
Marqeta dismisses EY, appoints KPMG as auditor; cites material weaknesses
Board audit committee dismissed EY as independent auditor effective March 1, 2024; no disagreements on accounting principles.
Marqeta Q4 net revenue down 42% YoY to $119M; GAAP net loss $40M; TPV up 33% to $62B
Q4 net revenue $118.8M, down 42% YoY, with 59 ppt negative impact from Cash App contract renewal.
Marqeta extends Block agreement through 2028; becomes default international issuer processor
Extended Square Debit Card and Cash App programs to June 30, 2028 (one-year extension for Cash App).
Marqeta Q3 net revenue down 43% to $109M; TPV up 33% to $57B
Net revenue $108.9M, down 43% YoY; gross profit $72.5M, down 9% YoY; gross margin expanded to 67% from 42%.
Marqeta extends Cash App contract with Block through June 2027 with revised pricing
Cash App program term extended to June 30, 2027, effective July 1, 2023.
Marqeta extends Cash App deal with Block through June 2027; pricing reduced
Amendment extends Cash App program term to June 30, 2027, effective July 1, 2023.
Marqeta Q2 net revenue $231M (+24% YoY); extends Cash App contract through 2027
TPV $54B (+33% YoY); net revenue $231M (+24%); gross profit $85M (+8%); gross margin 37%.
Marqeta shareholders elect four Class II directors, ratify EY as auditor at 2023 annual meeting
All four director nominees (Najuma Atkinson, Martha Cummings, Judson Linville, Helen Riley) elected with at least 692M votes for.
Marqeta Q1 net loss widens to $69M; revenue up 31% to $217M, announces $200M buyback
TPV crossed $50B (+37% YoY); net revenue $217M (+31% YoY).
Marqeta appoints Najuma Atkinson to Board of Directors, expanding board to 10 members
Board size increased from 9 to 10; Najuma Atkinson appointed as Class II director effective April 17, 2023.
Marqeta Q4 TPV $47B (+41% YoY), net revenue $204M (+31%), GAAP net loss $26M
Q4 net revenue $204M (+31% YoY); gross profit $87M (+15%); GAAP net loss $26M; Adj. EBITDA loss $7M.
Marqeta names Simon Khalaf as CEO effective Jan 31; founder Gardner becomes Executive Chairman
Simon Khalaf appointed CEO and board member starting Jan 31, 2023; base salary $575k, 100% bonus target, RSUs and options each valued ~$7.625M vesting over ~3 years.
Marqeta Q3 net revenue $192M (+46% YoY), gross profit $80M, net loss $53M
Net revenue $192M, up 46% YoY; TPV $42B; gross margin 42%.
Marqeta announces $100M share repurchase program, citing undervaluation and strong liquidity
Board unanimously authorized up to $100M repurchase of Class A common stock.
Marqeta board changes: director Amy Chang resigns; Kiran Prasad appointed
Amy Chang resigned from the Board and Nomination and Governance Committee on Sept 14, 2022, with no disagreement.
Marqeta CEO succession search initiated; COO Vidya Peters resigns
CEO Jason Gardner will become Executive Chairman once a successor is appointed; search launched August 10, 2022.
Marqeta Q2 net revenue $187M (+53% YoY); gross margin 42% vs 38% year ago
Total processing volume $40B, up 53% YoY.
Marqeta stockholders elect two Class I directors and ratify EY as auditor at 2022 annual meeting
Jason Gardner received 1,204,977,747 votes for, 65,528,900 withheld; Arnon Dinur received 1,205,042,317 for, 65,464,330 withheld.
Marqeta Q1 net revenue jumps 54% to $166M; TPV $37B up 53% YoY
Net revenue $166.1M (+54% YoY); total processing volume $37B (+53%).
Marqeta Q4 net revenue $155M (+76% YoY), TPV $33B (+76%); full-year $517M revenue (+78%)
Q4 net revenue $155M, up 76% YoY; total processing volume $33B, also up 76%.
Marqeta CFO Faix resigns, appoints Visa veteran Milotich; Q4 revenue, EBITDA to beat guidance
Tripp Faix resigns as CFO effective Feb 22, 2022; personal decision, will remain advisor through Mar 31.
Marqeta Q3 net revenue $132M (+56% YoY); GAAP net loss $45.7M; COO appointed; lock-up ends Nov 12
Net revenue $132M, up 56% YoY; total processing volume $27.6B (+60% YoY).
Marqeta CPO Kevin Doerr departs Sept 10; CMO Vidya Peters named interim CPO
Kevin Doerr, Chief Product Officer, exits effective September 10, 2021 by mutual agreement.
Marqeta Q2 revenue up 76% to $122M; net loss $68.6M on growth investments
Net revenue $122M (+76% YoY); TPV $26.5B (+76% YoY).
announced the appointment of Lukasz Strozek as Chief Technology Officer, effective May 18, 2026.
On April 10, 2025, Godfrey Sullivan notified the Board of Directors (the “Board”) of Marqeta, Inc. (the “Company”) of his intent to resign from the Board effective as of the Annual Meeting of Shareholders on June 12, 2025 (the “Annual Meeting”).
On April 10, 2025, Helen Riley notified the Board of her intent to resign from the Board effective as of the Annual Meeting.
As of April 18, 2025, the Board appoints Wendy Thomas to serve as a Class I member of the Board, and Elaine Paul to serve as a Class III member of the Board.
As of April 18, 2025, the Board appoints Wendy Thomas to serve as a Class I member of the Board, and Elaine Paul to serve as a Class III member of the Board.
the Board of Directors (the “Board”) has appointed Michael (Mike) Milotich as Interim Chief Executive Officer (principal executive officer), effective immediately.
Simon Khalaf, who has stepped down as Chief Executive Officer and as a director as of February 24, 2025.
On November 1, 2024, Marqeta announced that Randy Kern was no longer the Chief Product and Technology Officer of the Company, effective immediately (the “Initial Transition Date”).
On November 1, 2024, Marqeta announced that Randy Kern was no longer the Chief Product and Technology Officer of the Company, effective immediately.
On July 19, 2024, Arnon Dinur resigned from the Board of Directors (the “Board”) of Marqeta, Inc.
On July 19, 2024, the Board appointed R. Mark Graf to serve as a Class I member of the Board.
On May 6, 2024, Jason Gardner informed the Company's Board of Directors (the "Board") and the Company agreed that Mr. Gardner would step down from his position as Executive Chairman, effective June 13, 2024
Max materiality 0.90 · Median 0.68 · Most common event earnings