MQ as of Oct 31 · 17:33 ET

MQNasdaqServices-Prepackaged Software

Marqeta, Inc. · Brief

Next report

4 days

Nov 4 · after closeest.Q3 FY26

Earnings

Expected move

Inputs

±7.6%implied · report alone

16.7219.48

straddle ±11.0%

spot 18.10exp Nov 20ATM strike 18ATM straddle 2.35IV 68%

Oct 30 closereport share · term structure

Expected move

Inputs

Implied vs realized

8 reportsHistory

2 of 7≥ implied

avg implied: ±14.3%
avg realized: ±16.8%

Nov 4 '24±13.2%▼−42.52%×3.23

Feb 26 '25±22.3%▲+21.08%×0.95

May 7 '25±10.8%▲+9.78%×0.90

Aug 6 '25±11.6%▲+20.25%×1.74

Q3 FY25±15.3%▲+8.93%×0.58

Feb 24 '26±12.4%▼−7.21%×0.58

Q1 FY26±14.2%▼−7.70%×0.54

Q2 FY26—▼−7.13%—

quarterimplied−45%0+45%realized×

Q2 FY26—▼−7.13%—

Q1 FY26±14.2%▼−7.70%×0.54

Feb '26±12.4%▼−7.21%×0.58

Q3 FY25±15.3%▲+8.93%×0.58

Aug '25±11.6%▲+20.25%×1.74

May '25±10.8%▲+9.78%×0.90

2 older reports

Feb '25±22.3%▲+21.08%×0.95

Nov '24±13.2%▼−42.52%×3.23

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Bull & bear

Nov 4 report · est.

Bull2 of 4

2customers disclosing MQ as a supplierSEC filings

+10.37%change in shares held by the ten largest reporting managers over the latest quarter13F · Jun 30 '26

Bear2 of 3

45.00%of revenue from the largest disclosed customer Block IncSEC filings

5 of 23of the largest reporting managers cut their stake in the latest quarter13F · Jun 30 '26

AI captions · Sep 28 '26once per report · top 2 per case

Linked exposure

MQ report session

Suppliers 2

MAMastercard×0.13 VVisa×0.12

× = co-movement · max 500dSource: SEC filings · market data

Latest changes

30 daysAll changes

Oct 21impliedImplied move: ±11.3% into Nov 4 earnings (Oct 21 close).Source

Your note

privateThesis 0 · Decisions 0 · Observations 0

No thesis.