24/7 Market News Snapshot 06 August, 2025 – Marqeta, Inc. Class A Common Stock (NASDAQ:MQ)

August 6, 2025

DENVER, Colo., 06 August, 2025 (www.247marketnews.com) – (NASDAQ:MQ) are discussed in this article.
Marqeta, Inc. has reported remarkable growth across its financial metrics, significantly bolstering investor confidence as reflected in the recent performance of its Class A Common Stock (MQ), which opened at $5.62 and surged approximately 19.95% to trade at $6.705. This upward momentum is underscored by a trading volume of 6.19 million shares, signaling strong buying interest and positive market sentiment surrounding the company.

In its latest quarterly results for the second quarter ending June 30, 2025, Marqeta announced a Total Processing Volume (TPV) of $91 billion, representing a year-over-year increase of 29%. The company achieved net revenue of $150 million, up 20% from the same period last year, while gross profit rose by an impressive 31% to $104 million. Interim CEO and CFO Mike Milotich remarked, “Our Q2 results showcase our robust growth trajectory alongside significant advancements towards our profitability goals. The collaborative approach we maintain with our customers and our innovative card programs continue to drive our momentum.”

A significant factor in these financial enhancements stemmed from a revised accounting policy for estimating Card Network Incentives, which notably affected gross profit and demonstrated the scalability of Marqeta’s solutions. The company is also focused on innovation, highlighted by the launch of the KlarnaOne Card—currently in trials—allowing consumers flexibility in payment options. Additionally, the recent acquisition of TransactPay is expected to enhance Marqeta’s program management capabilities within Europe, strengthening its service delivery in the UK and EU.

Looking forward, Marqeta has provided guidance for the third quarter and the fiscal year 2025, indicating expectations of sustained revenue growth and improved adjusted EBITDA margins. These developments reaffirm Marqeta’s commitment to innovating within the financial technology landscape, delivering effective solutions to businesses worldwide while positioning itself favorably in the market.

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