NASDAQ$MQ

Marqeta Inc. · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Marqeta's net revenue increased by 76% year-over-year, driven by customer growth.

Marqeta's Q2 2021 earnings report revealed a 76% increase in net revenue to $122 million and a 76% increase in total processing volume (TPV) to $26.5 billion, alongside a 70% increase in gross profit. However, the company reported a GAAP net loss of $68.6 million and an Adjusted EBITDA of $(10.6) million.

  • Net revenue was $122 million, up 76% year-over-year.
  • Total processing volume (TPV) was $26.5 billion, a 76% increase year-over-year.
  • Gross profit was $47 million, up 70% year-over-year.
  • GAAP net loss was $68.6 million.

Headline financials

Total Revenue

$122M

Previous: $69.4M+76.2%
EPS (adj)

-$0.29

Previous: -$0.01-1872.8%
Total Processing Volume

$26.5B

Previous: $15.1B+75.8%
Capital Expenditures

-$1.1M

No prior period
Free Cash Flow

-$69.7M

No prior period
Net Income

-$68.6M

Previous: -$7.11M-864.6%
Operating Income

-$68M

Previous: -$6.8M-900.2%
Gross Profit

$47M

Previous: $27.6M+70.1%
Cash & Equivalents

$1.58B

No prior period
Total Assets

$1.78B

No prior period

Revenue & EPS history

Marqeta · Revenue · Quarterly

$122M

Q2 2021+76.2%vs Q2 2020
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Forward guidance

Marqeta's guidance for the third quarter of 2021 includes net revenue of $114 - $119 million and Adjusted EBITDA of $(16) - $(13) million.

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 Q2 2021

Historical avgQ2 2021

-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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