NASDAQ$MQ

Marqeta Inc. · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Marqeta reported Q4 2025, revenue of $172.1M, net loss of $1.4M, diluted EPS of $0.00.

For Q4 2025, Marqeta reported revenue of $172.1M, a net loss of $1.4M, diluted EPS was $0.00. Management discusses segment performance, capital allocation, and outlook in the earnings release.

  • Revenue $172.1M.
  • Net loss $1.4M.
  • Diluted EPS $0.00.

Headline financials

Total Revenue

$172M

Previous: $136M+26.7%
EPS (adj)

$0.00

Previous: -$0.05+100.0%
Total Processing Volume

$109B

Previous: $79.9B+36.0%
Adjusted EBITDA

$30.7M

Previous: $12.7M+142.3%
Adjusted EBITDA Margin

18.0%

Previous: 9.0%+100.0%
Gross Margin

70.0%

Previous: 72.0%-2.8%
Net Income

-$1.39M

Previous: -$27.1M+94.9%
Operating Income

-$8.29M

Previous: -$37.4M+77.8%
Gross Profit

$120M

Previous: $98.2M+22.2%

Revenue & EPS history

Marqeta · Revenue · Quarterly

$172M

Q4 2025+26.7%vs Q4 2024
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

The release discusses Marqeta's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Marqeta cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • GAAP profitability remained under pressure in Q4 2025.
  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter 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 Q4 2025

Historical avgQ4 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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