Mastercard Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2005 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2005 - 2019
Revenue	30,241	28,167	25,098	22,237	18,884	15,301	Upgrade
Revenue Growth (YoY)	14.59%	12.23%	12.87%	17.76%	23.42%	-9.37%	Upgrade
Gross Profit	30,241	28,167	25,098	22,237	18,884	15,301	Upgrade
Selling, General & Admin	11,658	11,008	9,752	8,867	7,982	6,567	Upgrade
Depreciation & Amortization Expenses	1,012	897	799	750	726	580	Upgrade
Other Operating Expenses	703	680	539	356	94	73	Upgrade
Operating Income	16,868	15,582	14,008	12,264	10,082	8,081	Upgrade
Interest Income	330	327	274	61	11	24	Upgrade
Interest Expense	-720	-646	-575	-471	-431	-380	Upgrade
Other Non-Operating Income (Expense)	-18	-9	-68	-122	645	35	Upgrade
Total Non-Operating Income (Expense)	-408	-328	-369	-532	225	-321	Upgrade
Pretax Income	16,460	15,254	13,639	11,732	10,307	7,760	Upgrade
Provision for Income Taxes	2,874	2,380	2,444	1,802	1,620	1,349	Upgrade
Net Income	13,586	12,874	11,195	9,930	8,687	6,411	Upgrade
Net Income to Common	13,586	12,874	11,195	9,930	8,687	6,411	Upgrade
Net Income Growth	10.83%	15.00%	12.74%	14.31%	35.50%	-21.03%	Upgrade
Shares Outstanding (Basic)	915	925	944	968	988	1,002	Upgrade
Shares Outstanding (Diluted)	917	927	946	971	992	1,006	Upgrade
Shares Change (YoY)	-2.11%	-2.01%	-2.57%	-2.12%	-1.39%	-1.57%	Upgrade
EPS (Basic)	14.86	13.91	11.86	10.26	8.79	6.40	Upgrade
EPS (Diluted)	14.83	13.89	11.83	10.22	8.76	6.37	Upgrade
EPS Growth	13.29%	17.41%	15.75%	16.67%	37.52%	-19.77%	Upgrade
Free Cash Flow	16,552	14,306	11,609	10,753	9,056	6,885	Upgrade
Free Cash Flow Growth	15.70%	23.23%	7.96%	18.74%	31.53%	-11.29%	Upgrade
Free Cash Flow Per Share	18.06	15.43	12.27	11.07	9.13	6.84	Upgrade
Dividends Per Share	2.940	2.740	2.370	2.040	1.810	1.640	Upgrade
Dividend Growth	7.30%	15.61%	16.18%	12.71%	10.37%	17.99%	Upgrade
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	Upgrade
Operating Margin	55.78%	55.32%	55.81%	55.15%	53.39%	52.81%	Upgrade
Profit Margin	44.93%	45.71%	44.61%	44.66%	46.00%	41.90%	Upgrade
FCF Margin	54.73%	50.79%	46.25%	48.36%	47.96%	45.00%	Upgrade
EBITDA	19,877	18,309	16,429	14,600	12,179	9,733	Upgrade
EBITDA Margin	65.73%	65.00%	65.46%	65.66%	64.49%	63.61%	Upgrade
EBIT	16,868	15,582	14,008	12,264	10,082	8,081	Upgrade
EBIT Margin	55.78%	55.32%	55.81%	55.15%	53.39%	52.81%	Upgrade
Effective Tax Rate	17.46%	15.60%	17.92%	15.36%	15.72%	17.38%	Upgrade

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.