NASDAQ$MQ

Marqeta Inc. · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Marqeta's modern card issuing platform showed strong fundamentals, powering customers to new milestones and enabling global expansion, while launching new products and partners.

Marqeta's first quarter 2022 results showed strong growth, with net revenue up 54% year-over-year to $166 million and a 53% increase in total processing volume. Gross profit also increased by 50% year-over-year.

  • Net revenue increased by 54% year-over-year to $166 million.
  • Total Processing Volume (TPV) increased by 53% year-over-year to $37 billion.
  • Gross profit increased by 50% year-over-year to $75 million.
  • GAAP net loss was $61 million.

Headline financials

Total Revenue

$166M

Previous: $108M+53.8%
EPS (adj)

-$0.11

Previous: -$0.02-354.4%
Total Processing Volume

$36.6B

Previous: $24B+52.6%
Capital Expenditures

-$612K

No prior period
Free Cash Flow

-$61.2M

No prior period
Net Income

-$60.6M

Previous: -$12.8M-372.0%
Operating Income

-$49.3M

Previous: -$10.7M-362.6%
Gross Profit

$74.7M

Previous: $49.9M+49.9%
Cash & Equivalents

$1.2B

No prior period
Total Assets

$1.79B

No prior period

Revenue & EPS history

Marqeta · Revenue · Quarterly

$166M

Q1 2022+53.8%vs Q1 2021
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Forward guidance

Marqeta provided guidance for the second quarter of 2022, including net revenue growth of 46-48%, gross profit margin of 40-41%, and adjusted EBITDA margin of negative 10-11%.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-0.9%

Avg return

Earnings day

-1.4%

Avg return

5 days after

-0.5%

Avg return

30 days after

53%

10 / 19 earnings

Positive

+22.6%

Q3 2023

Best reaction

-41.5%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.4%-7.3%-10.7%
Q4 2025-7.9%-6.5%-4.1%
Q3 2025+8.7%+12.5%+4.0%
Q1 2025+9.5%+18.1%+33.7%
Q4 2024+21.1%+17.7%+19.4%
Q3 2024-41.5%-36.1%-33.8%
Q2 2024+9.4%+4.9%+0.4%
Q1 2024+1.7%-4.0%-7.1%
Q4 2023-8.3%-13.2%-16.3%
Q3 2023+22.6%+13.3%+19.1%
Q2 2023+10.6%+13.2%+28.5%
Q1 2023-5.2%-0.2%+7.6%
Q4 2022-20.9%-12.8%-26.9%
Q3 2022+5.1%+5.6%-2.6%
Q2 2022-19.7%-17.4%-24.4%
Q1 2022+12.1%+23.9%+36.4%
Q4 2021+5.0%-12.4%+10.8%
Q3 2021-10.4%-7.7%-33.1%
Q2 2021-8.6%-17.6%-10.8%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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