Marqeta, Inc.
Expected move
InputsNext report
Last report
Largest filed tie
13F top-10 QoQ
Top fund weight
Last report2 of 7 at or beyond impliedshaded = implied▲▼ = realized× = |realized| ÷ implied
Marqeta has 4 disclosed suppliers and 4 disclosed customers in SEC filings.
Marqeta, Inc.
18.09
SentenceWe generated 45% and 47% of our net revenue from our largest customer, Block, during the years ended December 31, 2025 and 2024, respectively.
basisMQ FY2025 revenue $625M
MQ 10-Kaccession 0001522540-26-000017
SentenceIn 2013, we entered into a direct processor agreement with PULSE Network LLC, which has been subsequently amended.
MQ 10-Kaccession 0001522540-26-000017
SentenceFor the years ended December 31, 2025, 2024, and 2023, 64%, 70%, and 76%, respectively, of TPV was settled through one Issuing Bank, Sutton Bank.
MQ 10-Kaccession 0001522540-26-000017
SentenceThe Legacy Card Program operates under an agreement with the payment processor, Marqeta, Inc. ("Marqeta"), and relies on Marqeta to manage the relationship with the issuing bank, Sutton Bank, and the card network, Visa, in authorizing and settling transactions.
SentenceOn January 31, 2022, Block completed its acquisition of our customer, Afterpay Limited.
MQ 10-Kaccession 0001522540-26-000017
Expected move
Inputs8Q avg ±15.6%·×0.49·cheap
straddle ±11.0%
spot 18.10exp Nov 20ATM strike 18ATM straddle 2.35IV 68%