NASDAQ$MQ

Marqeta Inc. · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Marqeta reported strong financial results for Q4 and full year 2021, highlighting accelerated growth rates.

Marqeta's Q4 2021 net revenue reached $155 million, a 76% year-over-year increase, with a total processing volume of $33 billion, also up by 76%. The company's annual revenue was $517 million, up 78% from 2020, and annual total processing volume increased by 85% to $111 billion.

  • Q4 net revenue was $155.414 million, up 76% year-over-year.
  • Q4 total processing volume (TPV) was $33.046 billion, a 76% year-over-year increase.
  • Q4 gross profit reached $75.799 million, up 108% year-over-year.
  • Marqeta crossed a major platform scale milestone in December, with annual TPV crossing $100 billion for 2021, finishing at $111 billion for the year.

Headline financials

Total Revenue

$155M

Previous: $88.2M+76.2%
EPS (adj)

-$0.07

Previous: -$0.03-146.0%
Total Processing Volume

$33B

Previous: $18.7B+76.3%
Net Income

-$36.8M

Previous: -$13.8M-167.5%
Operating Income

-$37.7M

Previous: -$13.1M-187.9%
Gross Profit

$75.8M

Previous: $36.4M+108.0%
Cash & Equivalents

$1.25B

No prior period
Total Assets

$1.83B

No prior period

Revenue & EPS history

Marqeta · Revenue · Quarterly

$155M

Q4 2021+76.2%vs Q4 2020
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Forward guidance

Marqeta provided guidance for the first quarter of 2022, expecting net revenue growth of 48-50%, a gross profit margin of 43-44%, and an adjusted EBITDA margin of negative 8-9%.

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 Q4 2021

Historical avgQ4 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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