10-Q quarterly report · filed May 5, 2026

Marqeta, Inc. (MQ) Q1 2026 10-Q Quarterly Report

Short answer

Marqeta, Inc. (MQ) filed its Q1 2026 10-Q quarterly report on May 5, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $166M (up 19.2% year over year) with net income of $8M.

Q1 2026 key financials · XBRL

Revenue
$166M
+19.2% YoY
Net income
$8M
+194.8% YoY
Operating margin
1.3%
Gross margin
70.9%

Source: XBRL data from the Marqeta, Inc. (MQ) Q1 2026 10-Q on SEC EDGAR. USD.

Marqeta, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $165.8M, up 19% YoY from $139.1M; TPV $112.4B, up 33%
  • Gross margin 71% vs 71% YoY; net income margin 5% vs negative 6%
  • Adjusted EBITDA $33.3M, margin 20% vs $20.1M and 14% YoY
  • Platform services revenue $156.2M, up 18%; other services strongest, up 33% to $9.6M
  • Cash, equivalents, and short-term investments $712.1M; $52.4M remaining under share repurchase authorization

Risk Factors

  • New reverse-split risk triggered by proposed 1-for-4 split vote scheduled June 10, 2026
  • Market-capitalization risk from post-split share price failing to rise proportionately
  • Liquidity risk from reduced shares outstanding and increased odd-lot transaction costs
  • Financial risk from $100 million repurchase authorization, with $52.433 million remaining as of March 31, 2026

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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