Marqeta reported Q4 2025 Total Processing Volume (TPV) of USD 109 billion, up 36%, with net revenue of USD 172 million, up 27%, and gross profit of USD 120 million, up 22% (gross margin 70%). Q4 GAAP net loss was USD 1 million and adjusted EBITDA was USD 31 million, up 2.4x. For FY 2025, TPV was USD 383 billion, up 31%, with net revenue of USD 625 million, up 23%, and gross profit of USD 437 million, up 24% (gross margin 70%). FY 2025 GAAP net loss was USD 14 million and adjusted EBITDA was USD 110 million, up 2.8x. Business highlights included enabling a new UK use case for long-standing customer Uber offering drivers instant access to funds plus a high-yield savings account and rewards; Four Technologies selecting Marqeta and planning to migrate from another processor; and onboarding the first customer to an enhanced AI/ML-based version of Real-Time Decisioning for real-time risk evaluation during authorization. Marqeta guided for Q1 2026 net revenue growth of 17%–19% and gross profit growth of 17%–19%, and for FY 2026 net revenue growth of 12%–14% and gross profit growth of 10%–12%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marqeta Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202602241605BIZWIRE_USPR_____20260224_BW239542) on February 24, 2026, and is solely responsible for the information contained therein.