Overview
Marqeta Q3 2025 net revenue grows 28%, beating analyst expectations
Adjusted EBITDA for Q3 2025 beats analyst estimates, indicating improved profitability
Total Processing Volume in Q3 2025 rises 33% yr/yr to $98 bln
Outlook
Marqeta forecasts Q4 2025 net revenue growth of 22-24%
Company expects Q4 2025 gross profit growth of 17-19%
Marqeta anticipates Q4 2025 adjusted EBITDA margin of 15-16%
Result Drivers
TPV GROWTH - Marqeta's Total Processing Volume increased by 33% year-over-year, driving revenue growth
NEW CLIENTS - Marqeta signed a global Fortune 500 company for electronic supplier payments, enhancing growth
EXPANSION - Marqeta expanded a North American customer's operations into Europe, leveraging TransactPay acquisition
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $163 mln | $148.89 mln (11 Analysts) |
Q3 Net Income | -$4 mln | ||
Q3 Adjusted EBITDA | Beat | $30 mln | $19.13 mln (11 Analysts) |
Q3 Gross Margin | 70.00% | ||
Q3 Gross Profit | $115 mln |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 9 "hold" and 1 "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 25.1% above its November 4 closing price of $4.46
Press Release: ID:nBw4bJ4Zda
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(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.)