NASDAQ$MQ

Marqeta Inc. · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Marqeta reported strong growth in net revenue and total processing volume.

Marqeta's Q3 2021 earnings report revealed a 56% year-over-year increase in net revenue, reaching $132 million. The company experienced a 60% growth in total processing volume and a 67% increase in gross profit.

  • Net revenue increased by 56% year-over-year to $132 million.
  • Total Processing Volume (TPV) increased by 60% year-over-year to $27.6 billion.
  • Gross profit increased by 67% year-over-year to $59 million.
  • European business saw a 340% year-over-year increase in transactions.

Headline financials

Total Revenue

$132M

Previous: $84.3M+56.0%
EPS (adj)

-$0.08

Previous: -$0.03-214.5%
Total Processing Volume

$27.6B

Previous: $17.3B+60.0%
Capital Expenditures

-$2.25M

No prior period
Free Cash Flow

-$48M

No prior period
Net Income

-$45.7M

Previous: -$12.3M-271.8%
Operating Income

-$45.6M

Previous: -$12.2M-274.9%
Gross Profit

$59.1M

Previous: $35.3M+67.4%
Cash & Equivalents

$1.26B

No prior period
Total Assets

$1.78B

No prior period

Revenue & EPS history

Marqeta · Revenue · Quarterly

$132M

Q3 2021+56%vs Q3 2020
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Forward guidance

Marqeta's guidance for the fourth quarter of 2021 includes net revenue between $134 million and $139 million and Adjusted EBITDA between $(10) million and $(7) 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 Q3 2021

Historical avgQ3 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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