Brief: Marqeta Q2 Revenue USD 150 Million Vs. IBES Estimate USD 140.4 Million

Marqeta

06/08/2025 21:05

Overview

Marqeta Q2 revenue rises 20% yr/yr, beating analyst expectations

Adjusted EBITDA for Q2 beats estimates, reaching $29 mln

Total Processing Volume grows 29% to $91 bln yr/yr

Outlook

Marqeta expects Q3 net revenue growth of 15-17%

Company forecasts fiscal year gross profit growth of 18-19%

Marqeta projects Q3 adjusted EBITDA margin at 12-13%

Company anticipates fiscal year net revenue growth of 17-18%

Result Drivers

TPV GROWTH - Total Processing Volume increased 29% to $91 bln, driven by increased market adoption

ACCOUNTING POLICY - Gross Profit growth of 31% partly due to revised accounting policy for Card Network Incentives

STRATEGIC MOVES - Acquisition of TransactPay and launch of KlarnaOne Card to enhance market presence

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$150 mln
$140.40 mln (10 Analysts)
Q2 Net Income
-$600,000
Q2 Adjusted EBITDA
Beat
$29 mln
$14.80 mln (8 Analysts)
Q2 Gross Margin
69.0%
Q2 Gross Profit
$104 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the financial technology (fintech) peer group is "buy."

Wall Street's median 12-month price target for Marqeta Inc is $5.96, about 6.1% above its August 5 closing price of $5.59

Press Release: ID:nBw61dZBVa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)