Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock characte ...

Card issuing platform Marqeta officially acquired TransActPay to bolster its card program management capabilities in the United Kingdom and Europe.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.TransActPay provide ...

Marqeta (MQ) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +100.00%. A quarter ago, it was expected that this transaction processing services provider would post a loss of $0.05 per share when it actually produced a loss of $0.02, delivering a surprise of +60%.Over the last four quarters ...

Financial Data and Key Metrics Changes - Total processing volume (TPV) reached $91 billion in Q2 2025, a 29% increase compared to Q2 2024 [5][19] - Net revenue for Q2 was $150 million, growing 20% year over year [6][22] - Gross profit was $104 million, reflecting a 31% increase year over year, resulting in a gross margin of 69% [6][23] - Adjusted EBITDA was $29 million, achieving a margin of 19%, marking an all-time high for the company [7][27] - GAAP net loss was $600,000, including $8 million of interest income [28] Business Line Data and Key Metrics Changes - Non-block TPV grew nearly three times faster than block TPV, driven by diverse use cases [19][20] - Lending, including buy now pay later (BNPL), saw significant acceleration in growth compared to Q1, with all top 10 customers experiencing growth [21][29] - Value-added services gross profit more than doubled year over year, indicating strong traction [11] Market Data and Key Metrics Changes - European TPV continues to grow over 100% year over year, driven by various use cases including neo banking and expense management [13][18] - The acquisition of TransactPay is expected to enhance program management capabilities in Europe, further driving growth [15][16] Company Strategy and Development Direction - The company is focused on expanding customer relationships and innovating in lending and BNPL solutions [8][17] - Plans to launch new capabilities that allow consumers to receive multiple BNPL options at purchase are underway, with a broader launch expected in 2026 [10][97] - The acquisition of TransactPay aims to standardize offerings across geographies and enhance customer engagement [16][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the business trajectory despite some macroeconomic uncertainties [38][39] - Full-year 2025 revenue growth expectations have been raised, with anticipated growth in gross profit and adjusted EBITDA margins [29][34] - The revised accounting policy for network incentives will shift from a tailwind in Q2 to a headwind in Q3 and Q4 [31][33] Other Important Information - The company repurchased 35.2 million shares at an average price of $4.62 in Q2, reducing outstanding shares by over 12% [28] - Adjusted operating expenses were $76 million, shrinking 7% year over year, driven by better execution and investment timing delays [26][27] Q&A Session Summary Question: Visibility on sales cycles and trends in TPV - Management feels good about visibility, noting strong performance in lending and BNPL, with growth accelerating unexpectedly [37][38] Question: Growth factor of value-added services - Value-added services are a high priority and are expected to become a larger growth driver as the business matures [39][42] Question: Drivers of increased adjusted EBITDA margin guidance - Strong gross profit growth driven by TPV and favorable mix, combined with lower expenses, are core sources of upside [46][48] Question: Regulatory environment impact - The regulatory environment is more business as usual, with some improvements in communication and coordination with bank partners [54][55] Question: International success and investment needs - The European market is growing over 100%, and the acquisition of TransactPay will enhance program management capabilities [71][75] Question: Crypto market performance and traditional bank engagement - The crypto use case has been volatile but is performing better, while engagement with traditional banks is ongoing but still several years away from broader support [83][87]

Financial Data and Key Metrics Changes - Total Processing Volume (TPV) reached $91 billion in Q2 2025, a 29% increase compared to Q2 2024 [5][18] - Net revenue for Q2 was $150 million, growing 20% year over year, driven by diverse use cases [6][20] - Gross profit was $104 million, a 31% increase year over year, resulting in a gross margin of 69% [6][22] - Adjusted EBITDA was $29 million, translating into a 19% margin, marking an all-time high for the company [6][26] - The company reported a GAAP net loss of $600,000 for the quarter [26] Business Line Data and Key Metrics Changes - Non-block TPV grew nearly three times faster than block TPV, with financial services, lending (including BNPL), and expense management driving the majority of TPV growth [19] - Lending, including BNPL, saw significant acceleration in growth compared to Q1, with all top 10 customers experiencing growth [20] - Value-added services gross profit more than doubled year over year, indicating strong traction [11] Market Data and Key Metrics Changes - European TPV continues to grow over 100% year over year, driven by diverse use cases [13][17] - The acquisition of TransactPay is expected to enhance program management services and support larger customers in Europe [15][17] Company Strategy and Development Direction - The company is focused on expanding customer relationships and enabling growth through innovative programs and geographic expansions [7][16] - The strategy includes enhancing value-added services and leveraging partnerships to deliver comprehensive solutions [10][41] - The acquisition of TransactPay is aimed at standardizing offerings across geographies and enhancing customer engagement [15][17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the business trajectory despite some macroeconomic uncertainties [35][36] - The company raised expectations for Q3, Q4, and full-year 2025 revenue growth, gross profit growth, and adjusted EBITDA margin [28][32] - Management noted that the revised accounting policy for network incentives will shift from a tailwind in Q2 to a headwind in Q3 and Q4 [29][30] Other Important Information - The company repurchased 35.2 million shares at an average price of $4.62 in Q2, reducing outstanding shares by over 12% [27] - The company ended the quarter with over $820 million in cash and short-term investments [27] Q&A Session Summary Question: Visibility on sales cycles and trends - Management feels good about visibility, noting strong performance in TPV growth and positive customer conversations [35][36] Question: Growth of value-added services - Value-added services are a high priority and are expected to become a larger growth driver as the business matures [37][41] Question: Drivers of adjusted EBITDA margin guidance increase - Strong gross profit growth driven by TPV and favorable mix, along with lower expenses, are key drivers of the adjusted EBITDA margin increase [45][46] Question: Regulatory environment impact - The regulatory environment is more business as usual, with some improvements in communication and coordination with bank partners [53][55] Question: International success and investment needs - The company sees significant growth potential in Europe, particularly with the capabilities gained from the TransactPay acquisition [70][73] Question: Crypto market performance - The crypto use case has been volatile but is performing better, with a focus on stablecoins and partnerships [82][84] Question: Traditional banks engagement - Conversations with traditional banks are ongoing, but broader support is still several years away [86][88] Question: TPV breakdown and spending patterns - No noticeable shifts in TPV breakdown, with strong performance across various use cases [92][94] Question: New BNPL capabilities - The company is developing a product that allows consumers to choose from multiple BNPL providers at the point of sale, enhancing value for issuing partners [95][96]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-40465 Marqeta, Inc. FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 (Exact name of registrant as specified in its charter) (State or other jurisdiction of ...

Marqeta Earnings Supplement August 6, 2025 Quarterly Total Processing Volume (TPV) 29% $71B $74B $80B $84B $91B Q2 '24 Q3 '24 Q4 '24 Q1 '25 Q2 '25 The forward-looking statements in this earnings supplement are based on information available to Marqeta as of the date hereof. Marqeta disclaims any obligation to update any forward-looking statements, except as required by law. 1 Investors and others should note that Marqeta announces material financial information to its investors using its investor relations ...

OAKLAND, Calif. – August 6, 2025 - Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform, today reported financial results for the second quarter ended June 30, 2025. The Company reported Total Processing Volume (TPV) of $91 billion, representing a year-over-year increase of 29%. The Company reported Net Revenue of $150 million and Gross Profit of $104 million, representing increases of 20% and 31%, respectively, year-over-year. The increase in Gross Profit growth was partly driven by a revise ...

NEW YORK, July 30, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Marqeta, Inc. (NASDAQ:MQ) on behalf of long-term stockholders following a class action complaint that was filed against Marqeta on December 9, 2024 with a Class Period from May 7, 2024 to November 4, 2024. Our investigation concerns whether the board of directors of Marqeta have breached their fiduciary duties to the company. According to the ...

Industry Overview - Mobile payments have evolved into a significant financial ecosystem, driven by advancements in fintech and the widespread use of smartphones [2] - The global mobile payments market was valued at $3.84 trillion in 2024 and is projected to reach $4.97 trillion in 2025, with a forecasted CAGR of 27% to hit $26.53 trillion by 2032 [5] Technological Innovations - Innovations such as blockchain and artificial intelligence are enhancing transaction security, speed, and reducing fraud [2] - Payment platforms are maturing to provide unified interfaces that connect multiple cards and accounts, maximizing user convenience [3] Market Drivers - The COVID-19 pandemic accelerated the demand for touch-free, secure payment options, prompting global regulators to introduce frameworks for data privacy and financial inclusion [4] - Key forces driving the shift in mobile payments include loyalty programs, seamless experiences, and technological breakthroughs [5] Key Players - Marqeta offers mobile payment capabilities through its modern card issuing platform, processing $84 billion in total volume in Q1 2025, a 27% year-over-year increase [6][8] - Visa provides a comprehensive suite of mobile payment solutions integrated into major digital wallets, with a focus on security through tokenization and partnerships with fintechs [9][10][11] - Mastercard enables secure, real-time transactions and has expanded its presence in mobile-first markets through partnerships, reporting a gross dollar volume of $2.4 trillion in Q1 2025, up 9% year-over-year [12][13][14] - Capital One supports digital wallet integration and offers a range of features in its mobile app, with a 6% year-over-year increase in credit card revenue in Q1 2025 [15][16][17]