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 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 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 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 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 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 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 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 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 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 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 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 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 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 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