May. 5 at 8:39 PM
$MQ
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Marqeta reported strong first-quarter 2026 results, turning profitable on solid growth.
Total Processing Volume reached
$112 billion, up 33% year-over-year, showing higher payment activity on its platform.
Net Revenue rose 19% to
$165.8 million, while Gross Profit also grew 19% to
$117.6 million with a 71% gross margin.
The company delivered GAAP Net Income of
$7.8 million, compared with an
$8.3 million loss a year earlier, for a 5% net income margin.
Adjusted EBITDA was
$33.3 million, up 66%, with a 20% Adjusted EBITDA margin.
For the second quarter of 2026, Marqeta guides to Net Revenue and Gross Profit growth of 14–16% and Adjusted EBITDA Growth of 10–12%.
For full-year 2026, it expects Net Revenue growth of 12–14%, Gross Profit growth of 10–12%, and Adjusted EBITDA Growth in the mid-to-high 20s.
