Marqeta, Inc. discloses operating results and governance changes through SEC filings tied to its modern card issuing platform. Recent Form 8-K reports furnish quarterly and annual earnings releases, including Total Processing Volume, net revenue, gross profit, GAAP results and Adjusted EBITDA.
The filing record also documents leadership and officer-designation matters, including executive appointments, principal financial and accounting officer roles, compensation arrangements and equity awards. Definitive proxy materials cover board matters, executive compensation, shareholder voting items and related corporate-governance disclosures.
Marqeta, Inc. (MQ) is the issuer for a planned resale of company stock by officer Crystal Sumner under Rule 144. A brokerage account at Morgan Stanley Smith Barney LLC lists 5,000 shares of common stock with an aggregate market value of $82,100.00 as of September 1, 2026. The shares were acquired upon vesting of restricted stock units between June 3, 2024 and September 3, 2024, and are being sold for the account of Crystal Sumner through an Executive Financial Services arrangement.
Marqeta, Inc. (MQ) reported the appointment of Eugenia Gibbons as Chief Product Officer, effective August 31, 2026, to lead its product organization. Gibbons joins from Intuit, with prior senior roles at SoFi, BBVA and Bank of America, and holds an MBA from Harvard Business School.
Her compensation includes an initial annual base salary of $475,000, eligibility for an annual incentive bonus of 75% of base salary under the Executive Bonus Plan, and a one-time sign-on bonus of $250,000 contingent on one year of employment. She will receive RSUs valued at approximately $8,075,000 vesting over about three years and PSUs with an estimated value of $1,425,000, with performance goals aligned to other executive team members. She is also eligible for benefits under the Executive Severance Plan. Marqeta highlights its platform scale, processing nearly $400 billion in annual payments volume in 2025 and being certified to operate in more than 40 countries.
Marqeta, Inc. (MQ) director and ten percent owner Jason M. Gardner reported a series of bona fide gifts involving Class B Common Stock, each share convertible into one share of Class A Common Stock. On 2026-08-19, entities associated with Gardner disposed of and acquired blocks of 310,148 Class B shares in four separate gift transfers among family-related trusts and his spouse, with no cash consideration. Following these movements, Gardner continues to have indirect positions in Class B shares convertible into 4,856,369 and 1,920,000 Class A shares through various trusts, and he disclaims beneficial ownership of shares held in trusts for his children.
Marqeta, Inc. director Martha Cummings reported a sale of 713 shares of Class A Common Stock on 2026-08-14 at $16.47 per share. After this open-market or private transaction, she directly holds 11,543 shares. The transaction was affirmed as made under a Rule 10b5-1 trading plan.
T. Rowe Price Associates, Inc. filed Amendment No. 2 reporting beneficial ownership of 45,481,645 shares of Marqeta Inc-A common stock, representing 11.6% of the class. T. Rowe Price reports sole voting power over 45,338,489 shares and sole dispositive power over 45,481,645 shares, with no shared voting or dispositive power. Within this total, T. Rowe Price Mid-Cap Value Fund has an interest in 20,115,959 shares, representing 5.1% of the class. T. Rowe Price states that dividends and sale proceeds are ultimately receivable by its individual and institutional clients, and it expressly denies beneficial ownership of the securities beyond its role as investment adviser.
Marqeta, Inc. disclosed a leadership change in its finance organization. On August 10, 2026, Chief Accounting Officer and Senior Vice President of Finance Sarah Barkema, who also serves as principal accounting officer, informed the company she will resign effective August 21, 2026. Marqeta stated that her departure is not due to any disagreement regarding its financial statements, internal control over financial reporting, operations, policies, or practices.
The company plans to search for a new Chief Accounting Officer. Following Ms. Barkema’s departure, Chief Financial Officer Patti Kangwankij, currently the principal financial officer, will also assume the role of principal accounting officer. The company notes that there are no related-party transactions involving Ms. Kangwankij that require disclosure and that no new or materially amended compensation arrangements have been made in connection with her assuming these additional responsibilities.
Marqeta, Inc. disclosed an upcoming leadership change in its finance organization. On August 10, 2026, Chief Accounting Officer and Senior Vice President of Finance Sarah Barkema, who also serves as principal accounting officer, informed the company that she will resign from these roles effective August 21, 2026. The company stated that her departure is not due to any disagreement regarding its financial statements, internal control over financial reporting, operations, policies, or practices.
The company plans to conduct a search for a new Chief Accounting Officer. Following Ms. Barkema’s departure, Chief Financial Officer Patti Kangwankij, currently principal financial officer, will also assume the role of principal accounting officer. The company noted that there are no related-party transactions involving Ms. Kangwankij requiring disclosure and no new or materially amended compensatory arrangements tied to her assuming this additional role.
Marqeta, Inc. reported Q2 2026 net revenue of $175.995 million and net income of $7.567 million, compared with a loss a year earlier. Total Processing Volume reached 120,423 (in millions), up 32%, while gross margin held at 69%. For the first half of 2026, net revenue was $341.793 million with net income of $15.401 million and Adjusted EBITDA of $70.757 million, a 21% margin.
Cash and cash equivalents were $691.4 million plus $9.5 million of short-term investments as of June 30, 2026, and management believes available liquidity will fund operations for at least 12 months. The company executed $90.2 million of share repurchases under the December 2025 program and later authorized an additional $150 million program in August 2026. A one-for-four reverse stock split became effective June 30, 2026. Risks include a single customer contributing 41–42% of net revenue, heavy reliance on one issuing bank for settlement volumes, and a $13.0 million accrued settlement for consolidated securities litigation, largely expected to be funded by insurance.
Marqeta, Inc. reported strong second quarter 2026 results, with Total Processing Volume of $120 billion, up 32% year-over-year. Net Revenue was $176 million and Gross Profit $122 million, both increasing 17%. GAAP Net Income reached $8 million, while Adjusted EBITDA was $37 million with a 21% margin, up from 19% a year earlier. The company also provided 2026 guidance, targeting Net Revenue Growth of 12–13%, Gross Profit Growth of 11–12%, and Adjusted EBITDA Growth in the low 30s.
The Board authorized a new share repurchase program of up to $150 million of Class A common stock with no set expiration, following completion of the December 2025 program. Director Najuma Atkinson, Chair of the Compensation Committee, will resign effective August 3, 2026; the company states her departure is not due to any disagreement regarding operations, policies, or practices.
Marqeta, Inc. director Mark R. Graf reported the vesting and conversion of 6,447 Restricted Stock Units into 6,447 shares of Class A Common Stock on July 20, 2026. After this settlement, he held 21,969 Class A shares directly. These RSUs vest in three equal annual installments through July 19, 2027.