marqeta has re-engineered how payment cards, virtual cards and mobile authorization products should be developed and deployed. the marqeta platform, built from the ground up with no legacy infrastructure, provides the world’s first fully documented, open api issuer processor platform. companies can build, issue and deploy innovative payment, finance and commerce solutions with enormous control over what, where, and how purchases are authorized. adopters of the marqeta platform include leading financial services, e-commerce, retail, and social media brands. engineered in california, the marqeta platform integrates with visa, mastercard and discover and makes it easier than ever to make payments, receive payments, reward customers and create more efficient business processes. learn more at http://www.marqeta.com.
Company profile
Ticker
MQ
Exchange
Website
CEO
Simon Khalaf
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
SEC CIK
Corporate docs
Subsidiaries
Marqeta Australia Pty Ltd • Marqeta do Brasil Processadora e Servicos LTDA • Marqeta Singapore Pte. Ltd. • Marqeta UK Ltd • Power Finance Inc. ...
MQ stock data
Latest filings (excl ownership)
8-K
Other Events
26 Mar 24
8-K
Changes in Registrant's Certifying Accountant
7 Mar 24
S-8
Registration of securities for employees
28 Feb 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Marqeta Reports Fourth Quarter and Full Year 2023 Financial Results
28 Feb 24
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Marqeta Reports Third Quarter 2023 Financial Results
7 Nov 23
8-K
Entry into a Material Definitive Agreement
7 Nov 23
8-K/A
Entry into a Material Definitive Agreement
11 Aug 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
Transcripts
MQ
Earnings call transcript
2023 Q4
28 Feb 24
MQ
Earnings call transcript
2023 Q3
7 Nov 23
MQ
Earnings call transcript
2023 Q2
8 Aug 23
MQ
Earnings call transcript
2023 Q1
9 May 23
MQ
Earnings call transcript
2022 Q4
28 Feb 23
MQ
Earnings call transcript
2022 Q3
10 Nov 22
MQ
Earnings call transcript
2022 Q2
11 Aug 22
MQ
Earnings call transcript
2022 Q1
12 May 22
MQ
Earnings call transcript
2021 Q4
10 Mar 22
MQ
Earnings call transcript
2021 Q3
11 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 955.55 mm | 955.55 mm | 955.55 mm | 955.55 mm | 955.55 mm | 955.55 mm |
Cash burn (monthly) | 1.33 mm | 21.43 mm | 23.28 mm | 23.42 mm | (no burn) | (no burn) |
Cash used (since last report) | 7.89 mm | 127.34 mm | 138.33 mm | 139.18 mm | n/a | n/a |
Cash remaining | 947.66 mm | 828.21 mm | 817.21 mm | 816.37 mm | n/a | n/a |
Runway (months of cash) | 713.8 | 38.7 | 35.1 | 34.9 | n/a | n/a |
Institutional ownership, Q3 2023
84.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 243 |
Opened positions | 32 |
Closed positions | 45 |
Increased positions | 88 |
Reduced positions | 74 |
13F shares | Current |
---|---|
Total value | 1.89 tn |
Total shares | 389.19 mm |
Total puts | 1.70 mm |
Total calls | 2.81 mm |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
Granite Ventures II L P | 47.83 mm | $0.00 |
Vanguard | 44.20 mm | $264.32 bn |
BLK Blackrock | 35.01 mm | $209.36 bn |
FMR | 28.46 mm | $170.17 bn |
DFS Discover Financial Services | 17.86 mm | $161.30 mm |
V Visa Inc - Ordinary Shares | 12.44 mm | $74.42 bn |
Vitruvian Partners | 10.77 mm | $64.38 bn |
STT State Street | 10.52 mm | $62.93 bn |
Millennium Management | 10.26 mm | $61.38 bn |
Geode Capital Management | 9.83 mm | $58.80 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Simon Khalaf | Performance Stock Units (Adjusted EBITDA) Class A Common Stock | Grant | Acquire A | No | No | 0 | 156,386 | 0.00 | 156,386 |
15 Mar 24 | Simon Khalaf | Performance Stock Units (Gross Profit) Class A Common Stock | Grant | Acquire A | No | No | 0 | 364,899 | 0.00 | 364,899 |
15 Mar 24 | Simon Khalaf | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 1,216,333 | 0.00 | 1,216,333 |
15 Mar 24 | Michael Milotich | Performance Stock Units (Adjusted EBITDA) Class A Common Stock | Grant | Acquire A | No | No | 0 | 76,771 | 0.00 | 76,771 |
15 Mar 24 | Michael Milotich | Performance Stock Units (Gross Profit) Class A Common Stock | Grant | Acquire A | No | No | 0 | 179,132 | 0.00 | 179,132 |
15 Mar 24 | Michael Milotich | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 597,109 | 0.00 | 597,109 |
15 Mar 24 | Randall F. Kern | Performance Stock Units (Adjusted EBITDA) Class A Common Stock | Grant | Acquire A | No | No | 0 | 59,711 | 0.00 | 59,711 |
15 Mar 24 | Randall F. Kern | Performance Stock Units (Gross Profit) Class A Common Stock | Grant | Acquire A | No | No | 0 | 139,325 | 0.00 | 139,325 |
15 Mar 24 | Randall F. Kern | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 464,418 | 0.00 | 464,418 |
15 Mar 24 | Todd Pollak | Performance Stock Units (Adjusted EBITDA) Class A Common Stock | Grant | Acquire A | No | No | 0 | 49,759 | 0.00 | 49,759 |
News
Keefe, Bruyette & Woods Maintains Market Perform on Marqeta, Raises Price Target to $8
1 Mar 24
Forecasting The Future: 5 Analyst Projections For Marqeta
29 Feb 24
Truist Securities Reiterates Buy on Marqeta, Raises Price Target to $10
29 Feb 24
Earnings Scheduled For February 28, 2024
28 Feb 24
B of A Securities Upgrades Marqeta to Buy, Announces $7 Price Target
12 Feb 24