Marqeta Projects Q4 2026 Gross Profit Growth of 5% to 7% Amid Rising TPV
Marqeta (NASDAQ: MQ) reported strong third-quarter results, highlighted by a 29% increase in Total Payment Volume (TPV), which reached $126 billion. This milestone marks the first time the company has achieved an annualized TPV exceeding $500 billion, signaling robust fundamental growth in its payment processing ecosystem. Looking ahead to the fourth quarter of 2026, management provided specific guidance projecting gross profit growth between 5% and 7%. Additionally, the company expects net revenue to grow within a range of 3% to 5%, reflecting a steady but measured outlook for the upcoming period.
Tickers: $MQ
Topics: Financial Performance Quarterly Earnings Total Payment Volume (TPV)
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