Marqeta, Inc. (MQ)
NASDAQ:MQ
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
<0.01Last Year’s EPS
0Same Quarter Last Year
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational momentum highlighted by high TPV growth (33%), net revenue and gross profit growth of 19% YoY, expanded profitability (Q1 GAAP net income $8M) and healthy adjusted EBITDA ($33M). Product wins, international expansion, and improvements to operating leverage were emphasized. Offsetting risks included concentration and issuance declines tied to Block/Cash App (moderate headwind ~1.5 ppts), tougher BNPL comps in Q2, emerging competition for flexible credentials, and macro uncertainty. Management maintained disciplined guidance while modestly raising full-year GAAP net income expectations and adjusted EBITDA growth. Overall, positives around scale, profitability, customer momentum, and capital position substantially outweighed the identified headwinds and execution risks.Company Guidance
Strong TPV and Revenue Growth
Total Payment Volume (TPV) of $112B in Q1, up 33% year-over-year; net revenue of $160M, up 19% year-over-year—both at the top end of expectations.
Gross Profit and Takeaway
Gross profit of $118M, up 19% year-over-year; gross profit take rate of 10.5 basis points (down 0.5 bps QoQ largely due to mix).
Profitability Milestones
Adjusted EBITDA of $33M (20% of net revenue) and adjusted EBITDA margin of 28% on gross profit; achieved GAAP net income of $8M (EPS $0.02) in Q1—the first quarter with GAAP profitability.
Robust Segment Performance
Lending/BNPL growth remained ~60% YoY; expense management grew over 40% YoY; on-demand delivery grew in double digits (but below company average). Non-Block TPV is growing over 2x faster than Block TPV.
Strong Balance Sheet and Capital Actions
Ended Q1 with $712M in cash and short-term investments; repurchased 9.4M shares at an average price of $4.16 in Q1, with ~ $52M remaining on the $100M authorization.
Product and Customer Momentum
12 of top 15 customers use the platform multi-country; examples of international expansion (Sezzle in Canada; Ramp expanding to Australia, Japan, Singapore, Brazil, Mexico); signed new customers migrating portfolios and adopting Mastercard One credential and other flexible-credential offerings.
Upward Revision to Full-Year Profitability Expectations
Raised expected full-year GAAP net income to about $15M (up $5M from prior guide) and now expect 2026 adjusted EBITDA growth in the mid-to-high 20s% due to Q1 outperformance.
Clear Guidance and Discipline
Reiterated full-year net revenue growth guidance of 12–14% and gross profit growth of 10–12%; Q2 net revenue and gross profit growth expected at 14–16% with continued focus on disciplined investments and operating efficiency.
MQ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MQ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $4.48 | $4.13 | -7.70% |
Feb 24, 2026 | $4.16 | $3.86 | -7.21% |
Nov 05, 2025 | $4.48 | $4.88 | +8.93% |
Aug 06, 2025 | $5.68 | $6.83 | +20.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Marqeta, Inc. (MQ) report earnings?
Marqeta, Inc. (MQ) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Marqeta, Inc. (MQ) earnings time?
Marqeta, Inc. (MQ) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MQ EPS forecast?
MQ EPS forecast for the fiscal quarter 2026 (Q2) is <0.01.
