Marqeta(US:MQ)2025-05-07 20:38Financial Performance (Q1 2025) - Total Processing Volume (TPV) reached $84 billion[8], a 27% increase year-over-year[8] - Net Revenue was $139 million[11], an 18% increase year-over-year[11] - Gross Profit was $99 million[14], with a Gross Profit Margin of 71%[14], representing a 17% increase year-over-year[14] - Non-GAAP Operating Expenses were $79 million[17], a 5% increase year-over-year[17] - Adjusted EBITDA was $20 million[19], with an Adjusted EBITDA Margin of 14%[19] Financial Guidance (Q2 and FY 2025) - Second Quarter 2025 Net Revenue Growth is projected at 11-13%[31] - Second Quarter 2025 Adjusted EBITDA Margin is projected at 13-15%[31] - Second Quarter 2025 Gross Profit Growth is projected at 10-11%[31] - Fiscal Year 2025 Net Revenue Growth is projected at 23-25%[31] - Fiscal Year 2025 Adjusted EBITDA Margin is projected at 14-16%[31] - Fiscal Year 2025 Gross Profit Growth is projected at 10-11%[31]