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. officer Crystal Sumner reported multiple equity-award vesting events and related tax withholdings on June 1, 2026. Restricted stock units and performance stock units tied to gross profit and adjusted EBITDA performance were exercised or converted into Class A Common Stock through transactions covering 193,557 shares. To cover tax obligations via net settlement, the issuer withheld 108,084 shares of Class A Common Stock at $4.35 per share, which the filing notes were not market sales and are exempt transactions under Section 16(b) rules. After these transactions, Sumner directly holds 599,982 shares of Class A Common Stock, 1,101,760 restricted stock units, 255,704 performance stock units linked to gross profit, and 109,588 performance stock units linked to adjusted EBITDA, all subject to ongoing vesting and performance conditions where applicable.
Marqeta, Inc. Chief Revenue Officer Todd Pollak reported equity compensation activity involving performance and restricted stock units rather than open-market trading. On June 1, 2026, he exercised awards covering 204,456 shares of Class A Common Stock, including performance stock units tied to adjusted EBITDA and gross profit targets and various restricted stock unit grants.
To cover tax obligations on these vestings, the issuer withheld 113,715 shares at a price of $4.35 per share, which the filing notes is not a market transaction. After these exercises and tax-withholding dispositions, Pollak directly owned 760,165 shares of Class A Common Stock. Footnotes explain that the Board determined performance conditions were met for awards granted in March 2024 and March 2025, in some cases at more than 100% of target.
Marqeta, Inc. CEO Michael Milotich reported a series of equity compensation events in Class A Common Stock on June 1, 2026. He exercised or converted awards covering 318,916 shares, including restricted stock units and performance stock units tied to adjusted EBITDA and gross profit targets.
To cover related tax obligations, 175,950 shares were withheld by Marqeta at $4.35 per share, which the footnotes state is not a market transaction. After these net settlements, Milotich directly held 1,190,983 shares of Class A Common Stock. The filing notes these transactions are exempt from Section 16(b) under specified SEC rules and reflect vesting after the board determined performance conditions were met for awards granted in 2024 and 2025.
Marqeta, Inc. officer Sumner Crystal reported an open-market sale of 5,055 shares of Class A Common Stock on May 15, 2026. The weighted average sale price was $3.8473 per share, with individual trades between $3.80 and $3.90. Following the transaction, Crystal directly holds 507,209 shares.
Marqeta, Inc. director Martha Cummings reported an open-market sale of Class A common stock. On May 15, 2026, she sold 2,853 shares at a weighted average price of $3.8489 per share, in multiple trades between $3.80 and $3.90. After this transaction, she directly holds 30,410 shares of Marqeta Class A common stock.
Marqeta, Inc. Chief Technology Officer Lukasz Strozek has filed an initial statement of beneficial ownership on Form 3. This filing establishes his status as an officer subject to insider reporting rules but does not show any stock transactions or specific share or option holdings in the provided data.
Marqeta, Inc. appointed Lukasz Strozek as Chief Technology Officer effective May 18, 2026, to lead its global technology and engineering organization. He brings 20 years of experience from roles at LendingClub, Hippo Insurance, Bridgewater Associates, Bolt Financial, and SoFi/Clara Lending.
His initial annual base salary will be $475,000, with an annual target bonus of 75% of base salary, a one-time sign-on bonus of $100,000 contingent on one year of service, and equity awards consisting of $7.6 million in Restricted Stock Units and $1.9 million in Performance Stock Units, subject to multi-year vesting and existing company plans. Marqeta notes its platform processed nearly $400 billion in annual payments volume in 2025 and is certified to operate in more than 40 countries.
Marqeta, Inc. reported a profitable quarter as its payments platform scaled. For the three months ended March 31, 2026, net revenue rose to $165.8 million from $139.1 million, driven by a 33% increase in Total Processing Volume to $112.4 billion and growth across major use cases.
The company generated net income of $7.8 million, compared with an $8.3 million loss a year earlier, and maintained a 71% gross margin. Adjusted EBITDA improved to $33.3 million, a 20% margin, supported by lower share-based compensation and disciplined operating expenses.
Liquidity remained strong with $712.1 million in cash, cash equivalents, and short-term investments as of March 31, 2026. Marqeta repurchased about 9.4 million shares for $39.1 million under its December 2025 program and is asking stockholders to approve a potential 1-for-4 reverse stock split and proportional authorized share reduction.
Marqeta reported strong first-quarter 2026 results, turning profitable on solid growth. Total Processing Volume reached $112 billion, up 33% year-over-year, showing higher payment activity on its platform. Net Revenue rose 19% to $165.8 million, while Gross Profit also grew 19% to $117.6 million with a 71% gross margin.
The company delivered GAAP Net Income of $7.8 million, compared with an $8.3 million loss a year earlier, for a 5% net income margin. Adjusted EBITDA was $33.3 million, up 66%, with a 20% Adjusted EBITDA margin. Management highlighted new and expanded customer programs, including geographic expansion for Ramp, a virtual card launch for Sezzle in Canada, and new credit and secured card offerings with other partners.
For the second quarter of 2026, Marqeta guides to Net Revenue and Gross Profit growth of 14–16% and Adjusted EBITDA Growth of 10–12%. For full-year 2026, it expects Net Revenue growth of 12–14%, Gross Profit growth of 10–12%, and Adjusted EBITDA Growth in the mid-to-high 20s.
Marqeta, Inc. director Elaine Paul reported an open-market sale of Class A Common Stock. On April 21, 2026, Paul sold 17,452 shares at a weighted average price of $4.4707 per share, leaving 17,453 shares owned directly after the transaction.
The shares were sold in multiple trades at prices ranging from $4.42 to $4.53 per share, according to the disclosure.