Jun 2026 (Q2 FY26) — Aug 4, 2026
Marqeta Q2 FY26 — Strong Profitability and Strategic Expansion Despite Headwinds
Read the full callMarqeta earnings: last reported Tue, 4 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 176 | +17.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 2.1 | +8.2 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 7.6 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
1Y: $18.2 on 17 Oct 2025 → $18.69. High $20.32 (22 Dec 2025), low $15.04 (22 Jun 2026).
Overview
Call summaries
Marqeta Q2 FY26 — Strong Profitability and Strategic Expansion Despite Headwinds
Read the full callEvery analysed call
Financials
Net profit, year on year: +1270% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 128 | 136 | 139 | 150 | 163 | 172 | 166 | 176 |
| Operating profit | -42 | -37 | -19 | -9 | -10 | -8 | 2 | 4 |
| Operating margin | −33.0% | −27.6% | −13.3% | −6.1% | −6.3% | −4.8% | 1.3% | 2.1% |
| Profit before tax | -29 | -27 | -8 | -0 | -3 | -2 | 8 | 8 |
| Tax rate | −0.4% | −1.5% | −2.9% | −46.7% | −15.9% | 19.8% | 2.4% | 6.3% |
| Net profit | -29 | -27 | -8 | -1 | -4 | -1 | 8 | 8 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Equity capital | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | — | -254 | -417 | -602 | -825 | -798 | -812 |
| Total liabilities | — | 170 | 257 | 297 | 346 | 378 | 763 |
| Fixed assets | — | 9 | 10 | 7 | 19 | 38 | 60 |
| Total assets | — | 458 | 1,830 | 1,770 | 1,590 | 1,463 | 1,525 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -15 | 50 | 57 | -13 | 21 | 58 | 163 |
| Cash from investing | -100 | -58 | -329 | 29 | 39 | 71 | 271 |
| Cash from financing | 139 | 167 | 1,299 | -79 | -262 | -187 | -347 |
| Net cash flow | 23 | 160 | 1,027 | -64 | -202 | -58 | 86 |
| Capital expenditure | -5 | -2 | -3 | -2 | -1 | -2 | -2 |
| Free cash flow | -20 | 48 | 54 | -15 | 20 | 56 | 161 |
263 filings between Nov 14, 2025 and Oct 15, 2026.
Purchases
$100.4K
1 purchase by 1 insider
Sales
$2.43M
35 sales by 6 insiders
100% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Also filed: 1 conversion, 1 gift.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Gardner Jason M. | — | $1.38M | Dec 19, 2025 |
| Pollak Todd | — | $316.4K | Jul 1, 2026 |
| Sumner Crystal | — | $236.2K | Oct 15, 2026 |
| Cummings Martha | — | $212.0K | Sep 16, 2026 |
| Paul Elaine | — | $146.9K | Jun 12, 2026 |
| Atkinson Najuma | — | $132.5K | Jun 12, 2026 |
| Linville Judson C | $100.4K | — | Feb 27, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 15, 2026 | Sumner Crystal See Remarks | Sale 10b5-1 plan | 1,250 | $23.4K |
| Sep 16, 2026 | Cummings Martha Director | Sale 10b5-1 plan | 713 | $11.4K |
| Sep 15, 2026 | Sumner Crystal See Remarks | Sale 10b5-1 plan | 1,250 | $20.5K |
| Sep 14, 2026 | Gardner Jason M. Director | Conversion | 270,000 | $0 |
| Sep 1, 2026 | Pollak Todd Chief Revenue Officer | Tax withheld | 735 | $11.9K |
| Sep 1, 2026 | Pollak Todd Chief Revenue Officer | Tax withheld | 1,312 | $21.2K |
| Sep 1, 2026 | Pollak Todd Chief Revenue Officer | Option exercise | 2,260 | $0 |
| Sep 1, 2026 | Pollak Todd Chief Revenue Officer | Tax withheld | 7,932 | $128.3K |
| Sep 1, 2026 | Pollak Todd Chief Revenue Officer | Option exercise | 2,870 | $0 |
| Sep 1, 2026 | Pollak Todd Chief Revenue Officer | Option exercise | 8,062 | $0 |
| Sep 1, 2026 | Pollak Todd Chief Revenue Officer | Option exercise | 14,453 | $0 |
| Sep 1, 2026 | Pollak Todd Chief Revenue Officer | Tax withheld | 4,425 | $71.6K |
| Sep 1, 2026 | Pollak Todd Chief Revenue Officer | Tax withheld | 4,822 | $78.0K |
| Sep 1, 2026 | Pollak Todd Chief Revenue Officer | Option exercise | 8,786 | $0 |
| Sep 1, 2026 | Pollak Todd Chief Revenue Officer | Option exercise | 12,591 | $0 |
| Sep 1, 2026 | Pollak Todd Chief Revenue Officer | Option exercise | 2,390 | $0 |
| Sep 1, 2026 | Sumner Crystal See Remarks | Option exercise | 6,829 | $0 |
| Sep 1, 2026 | Milotich Michael Chief Executive Officer | Tax withheld | 1,475 | $23.9K |
| Sep 1, 2026 | Milotich Michael Chief Executive Officer | Option exercise | 10,459 | $0 |
| Sep 1, 2026 | Sumner Crystal See Remarks | Tax withheld | 840 | $13.6K |
| Sep 1, 2026 | Milotich Michael Chief Executive Officer | Tax withheld | 6,820 | $110.3K |
| Sep 1, 2026 | Milotich Michael Chief Executive Officer | Option exercise | 12,439 | $0 |
| Sep 1, 2026 | Milotich Michael Chief Executive Officer | Option exercise | 2,689 | $0 |
| Sep 1, 2026 | Milotich Michael Chief Executive Officer | Tax withheld | 2,022 | $32.7K |
| Sep 1, 2026 | Milotich Michael Chief Executive Officer | Option exercise | 3,687 | $0 |
| Sep 1, 2026 | Milotich Michael Chief Executive Officer | Tax withheld | 16,443 | $265.9K |
| Sep 1, 2026 | Milotich Michael Chief Executive Officer | Tax withheld | 1,873 | $30.3K |
| Sep 1, 2026 | Milotich Michael Chief Executive Officer | Option exercise | 2,064 | $0 |
| Sep 1, 2026 | Milotich Michael Chief Executive Officer | Option exercise | 3,415 | $0 |
| Sep 1, 2026 | Milotich Michael Chief Executive Officer | Tax withheld | 1,132 | $18.3K |
| Sep 1, 2026 | Pollak Todd Chief Revenue Officer | Option exercise | 1,339 | $0 |
| Sep 1, 2026 | Sumner Crystal See Remarks | Tax withheld | 3,747 | $60.6K |
| Sep 1, 2026 | Sumner Crystal See Remarks | Option exercise | 14,453 | $0 |
| Sep 1, 2026 | Milotich Michael Chief Executive Officer | Tax withheld | 5,735 | $92.7K |
| Sep 1, 2026 | Sumner Crystal See Remarks | Tax withheld | 5,354 | $86.6K |
| Sep 1, 2026 | Sumner Crystal See Remarks | Option exercise | 9,214 | $0 |
| Sep 1, 2026 | Sumner Crystal See Remarks | Option exercise | 9,760 | $0 |
| Sep 1, 2026 | Sumner Crystal See Remarks | Tax withheld | 5,055 | $81.7K |
| Sep 1, 2026 | Sumner Crystal See Remarks | Option exercise | 2,731 | $0 |
| Sep 1, 2026 | Sumner Crystal See Remarks | Tax withheld | 7,929 | $128.2K |
| Sep 1, 2026 | Sumner Crystal See Remarks | Option exercise | 1,530 | $0 |
| Sep 1, 2026 | Sumner Crystal See Remarks | Tax withheld | 1,499 | $24.2K |
| Sep 1, 2026 | Sumner Crystal See Remarks | Tax withheld | 1,749 | $28.3K |
| Sep 1, 2026 | Sumner Crystal See Remarks | Option exercise | 3,187 | $0 |
| Sep 1, 2026 | Sumner Crystal See Remarks | Option exercise | 2,510 | $0 |
| Sep 1, 2026 | Sumner Crystal See Remarks | Tax withheld | 1,377 | $22.3K |
| Sep 1, 2026 | Milotich Michael Chief Executive Officer | Option exercise | 29,990 | $0 |
| Sep 1, 2026 | Milotich Michael Chief Executive Officer | Option exercise | 17,026 | $0 |
| Sep 1, 2026 | Milotich Michael Chief Executive Officer | Tax withheld | 9,335 | $150.9K |
| Sep 1, 2026 | Pollak Todd Chief Revenue Officer | Tax withheld | 6,910 | $111.7K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Free account. Everything above stays public.
Write why you follow Marqeta, Inc. and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading