Marqeta Reports Strong Q4 & FY25 Results with 142% Adjusted EBITDA Growth, Positive 2026 Outlook
MQ is trading near its 52-week low of $3.475 (9.4% above the low).
Summary
Marqeta reported strong Q4 and full-year 2025 financial results, featuring significant Adjusted EBITDA growth and positive guidance for 2026, driven by increased processing volumes and strategic customer engagements.
Key Events · Earnings and Guidance · MQ
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Strong Q4 2025 Performance
Total Processing Volume grew 36% year-over-year to $109 billion, Net Revenue increased 27% to $172 million, and Gross Profit rose 22% to $120 million.
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Significant Profitability Improvement
Q4 GAAP Net Loss decreased 95% year-over-year to $1 million, and Adjusted EBITDA surged 142% to $31 million.
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Positive Full Year 2025 Results
Full-year TPV reached $383 billion (up 31%), Net Revenue hit $625 million (up 23%), and Adjusted EBITDA grew 277% to $110 million.
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Optimistic 2026 Guidance
The company forecasts continued growth for Q1 and full-year 2026, including Q1 Adjusted EBITDA growth of 45-50% and full-year Adjusted EBITDA growth in the mid-20s%.
Analysis · MQ · Technology
Marqeta's latest earnings report indicates robust operational performance, highlighted by significant growth in Total Processing Volume, Net Revenue, and Gross Profit. The substantial increase in Adjusted EBITDA and a sharp reduction in Q4 GAAP net loss demonstrate improved profitability and efficiency. The positive guidance for 2026, coupled with new customer wins and expanded use cases, suggests continued momentum and strengthens the investment thesis.
At the time of this filing, MQ was trading at $3.80 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.8B. The 52-week trading range was $3.48 to $7.04. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.