NASDAQ$MQ
Marqeta Inc. · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Marqeta's financial results for Q1 2023 were released, showcasing growth in key areas and strategic initiatives.
Marqeta reported a 31% increase in net revenue, reaching $217 million, driven by a 37% increase in total processing volume (TPV) to $50 billion. The company is implementing operational efficiencies to reduce expenses and has authorized a $200 million share repurchase program.
- Total processing volume (TPV) reached $50 billion, a 37% year-over-year increase.
- Net revenue increased by 31% year-over-year to $217 million.
- Gross profit increased by 19% year-over-year to $89 million.
- The board of directors authorized a $200 million share repurchase program.
Headline financials
Revenue & EPS history
Marqeta · Revenue · Quarterly
$217M
Forward guidance
Marqeta provided guidance for the second quarter of 2023, anticipating net revenue growth of 17-19%, gross profit growth of 1-3%, and an adjusted EBITDA margin of negative 4-6%.
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 2023
-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
| Quarter | Report date | Reaction (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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