NASDAQ$MQ

Marqeta Inc. · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Marqeta reported Q3 2025, net income of $119.1M.

For Q3 2025, Marqeta reported net income of $119.1M. Management discusses segment performance, capital allocation, and sector risks in the quarterly filing.

  • Net income $119.1M.
  • Marqeta MD&A covers liquidity, credit, and operating priorities.
  • Marqeta MD&A covers liquidity, credit, and operating priorities.

Headline financials

Total Revenue

$163M

Previous: $128M+27.6%
EPS (adj)

-$0.01

Previous: -$0.06+83.3%
Total Processing Volume

$98B

Previous: $73.9B+32.6%
Adjusted EBITDA

$30.3M

Previous: $9.02M+236.1%
Adjusted EBITDA Margin

19.0%

Previous: 7.0%+171.4%
Gross Margin

70.0%

Previous: 70.0%+0.0%
Capital Expenditures

-$1.99M

Previous: -$2.38M+16.4%
Net Income

-$3.62M

Previous: -$28.6M+87.3%
Operating Income

-$10.4M

Previous: -$42.2M+75.4%
Gross Profit

$115M

Previous: $90.1M+27.1%

Revenue & EPS history

Marqeta · Revenue · Quarterly

$163M

Q3 2025+27.6%vs Q3 2024
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

The quarterly filing discusses operating priorities, capital returns, and sector risks.

Tailwinds

  • MD&A highlights liquidity and core business trends.
  • Management commentary on segment performance.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect YoY comparability.

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 2025

Historical avgQ3 2025

-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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