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Marqeta Q1 FY26 swings to profit of $8 million; net revenue rises 19% to $166 million

PUBT·05/05/2026 20:10:31
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Marqeta Q1 FY26 swings to profit of $8 million; net revenue rises 19% to $166 million
  • Marqeta posted GAAP net income of USD 8 million, or USD 0.02 a share, in first-quarter 2026 results, swinging from a loss a year earlier.
  • Net revenue rose 19% to USD 166 million, while total processing volume climbed 33% to USD 112 billion.
  • Adjusted EBITDA increased 66% to USD 33 million, lifting adjusted EBITDA margin to 20% from 14% a year earlier.
  • Ramp is using Marqeta to expand its corporate card solution into Australia, Japan, Singapore, Brazil, and Mexico, while Sezzle launched a virtual card in Canada.
  • CEO Mike Milotich said results showed platform scale and delivered GAAP profitability, with Marqeta positioning itself to support customer growth across products, use cases, and geographies.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marqeta Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260505236054) on May 05, 2026, and is solely responsible for the information contained therein.