Marqeta, Inc. Q4 2025 Earnings Call Summary

Operational efficiency and platform scale allowed the company to more than double adjusted EBITDA dollars while trending toward sustainable GAAP profitability.Value-added services doubled in gross profit contribution year-over-year, now utilized by 18 of the top 20 customers to enhance fraud mitigation and user engagement.European operations demonstrated significant momentum, with TPV growing twice as fast as the overall company and 2025 volume reaching eight times the 2022 levels.Strategic pivot toward ent ...