Marqeta Stock Soars 20.6% on Strong Q2 Earnings

Marqeta's stock surged 20.6% in pre-market trading on August 7, 2025, driven by strong second-quarter financial results that exceeded market expectations.

Marqeta reported a 20.1% year-on-year increase in revenue, reaching $150.4 million, which surpassed analyst estimates of $140.5 million. The company's earnings per share (EPS) also beat expectations, reporting $0 compared to the estimated loss of $0.03. Additionally, Marqeta's adjusted EBITDA of $28.51 million exceeded analyst estimates by 95.5%, showcasing a 19% margin.

Marqeta's guidance for the next quarter's revenue was also better than expected, with a midpoint of $148.4 million, 1.8% above analysts' estimates. However, the company's operating margin decreased to -6.1% from 83.9% in the same quarter last year, and free cash flow dropped to -$1.39 million from $8.72 million in the previous quarter.

Despite a challenging period over the past three years, where Marqeta's sales declined at a 4.7% annual rate, the company's recent performance indicates a potential turnaround. Analysts project a 15.8% revenue growth over the next 12 months, suggesting that Marqeta's newer products and services may drive better top-line performance in the future.