Marqeta Inc Class A

MQ: XNAS (USA)

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Marqeta Earnings: Decent Results Thanks to Strong Volume; Change in Management as CEO Steps Down

Michael Miller

Feb 27, 2025

Marqeta reported solid fourth-quarter results with net revenue increasing 14% from last year to $135.8 million. Meanwhile, net losses narrowed to $27.1 million from $40.4 million. Marqeta also announced Simon Khalaf is stepping down as CEO and director, effective immediately.

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Marqeta Inc Class A

Marqeta Earnings: Decent Results Thanks to Strong Volume; Change in Management as CEO Steps Down

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