Mastercard Incorporated (MA)
NYSE: MA · Real-Time Price · USD
661.19
+8.59 (1.32%)
At close: Nov 13, 2026, 4:00 PM EST
662.92
+1.73 (0.26%)
After-hours: Nov 13, 2026, 7:57 PM EST

Mastercard Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Revenue
9,8079,2778,3988,8068,6028,1337,2507,4897,3696,9616,3486,5486,5336,2695,7485,8175,7565,4975,1675,216
Revenue Growth
14.01%14.07%15.83%17.59%16.73%16.84%14.21%14.37%12.80%11.04%10.44%12.57%13.50%14.04%11.24%11.52%15.47%21.40%24.36%26.60%
Gross Profit
9,8079,2778,3988,8068,6028,1337,2507,4897,3696,9616,3486,5486,5336,2695,7485,8175,7565,4975,1675,216
Operating Income
5,9365,6695,1095,0845,1444,8734,3004,2184,3704,1343,7303,6803,8443,6763,3473,1363,3203,1842,9842,837
Net Income
4,6284,3883,8824,0603,9273,7013,2803,3423,2633,2583,0112,7913,1982,8452,3612,5252,4992,2752,6312,379
Earnings Per Share
5.284.974.354.524.344.073.593.643.533.503.222.973.393.002.472.622.582.342.682.41
EPS Growth
21.66%22.11%21.17%24.24%22.95%16.29%11.49%22.34%4.13%16.67%30.36%13.59%31.39%28.21%-7.84%8.55%5.74%12.50%46.45%35.52%

Revenue by Segment

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22
Domestic Assessments
3,2113,1542,8962,7732,8092,7892,6582,5382,6412,5962,4702,3852,4602,4682,2542,2152,2202,2512,108
Cross-Border Assessments
3,8413,4603,1903,2653,3132,8482,5952,7062,8042,4332,2382,1982,3132,0501,8491,7911,8041,6121,390
Transaction Processing Assessments
4,7814,5084,2244,2414,1913,9713,5273,6053,5873,3243,0863,1643,1722,9792,7522,8312,7862,5722,457
Other Network Assessments
285326277272255260231239227244226251229270212190195213168
Rebates & Incentives Costs
-6,369-5,997-5,639-5,631-5,389-4,923-4,579-4,677-4,630-4,222-4,100-4,108-3,963-3,694-3,417-3,442-3,240-3,039-2,724
Value-Added Services & Solutions
4,0583,8263,4503,8863,4233,1882,8183,0782,7402,5862,4282,6572,3232,1962,0982,2321,9911,8881,768
Revenue (Total)
9,8079,2778,3988,8068,6028,1337,2507,4897,3696,9616,3486,5486,5336,2695,7485,8175,7565,4975,167

Cash & Debt

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash & Investments
10,52111,7528,37711,10110,6489,3678,0969,00911,4017,3588,1699,6867,9496,9767,3047,8078,4266,6807,7888,521
Total Debt
23,93824,64318,96019,83318,98318,97018,80218,98618,35815,60515,62916,45615,56615,62015,56814,79314,53414,48114,64614,673
Net Cash (Debt)
-13,417-12,891-10,583-8,732-8,335-9,603-10,706-9,977-6,957-8,247-7,460-6,770-7,617-8,644-8,264-6,986-6,108-7,801-6,858-6,152
Net Cash Growth
--------------------
Net Cash Per Share
-15.32-14.60-11.85-9.72-9.21-10.56-11.71-10.86-7.52-8.87-7.98-7.21-8.08-9.11-8.64-7.25-6.31-8.01-6.99-6.24

Cash Flow & CapEx

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Operating Cash Flow
5,0873,7732,9995,0025,6634,6032,3804,8345,1363,1381,6724,1303,2332,6981,9193,1003,8562,4571,7823,189
Capital Expenditures
-222-291-154-112-178-40-159-95-107-115-157-77-104-80-110-130-111-55-146-122
Free Cash Flow
4,8653,4822,8454,8905,4854,5632,2214,7395,0293,0231,5154,0533,1292,6181,8092,9703,7452,4021,6363,067
Free Cash Flow Growth
-11.30%-23.69%28.09%3.19%9.07%50.94%46.60%16.93%60.72%15.47%-16.25%36.46%-16.45%8.99%10.57%-3.16%55.78%9.83%17.02%39.79%

Margins

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Gross Margin
100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Operating Margin
60.53%61.11%60.84%57.73%59.80%59.92%59.31%56.32%59.30%59.39%58.76%56.20%58.84%58.64%58.23%53.91%57.68%57.92%57.75%54.39%
Pretax Margin
58.54%59.14%57.30%55.37%58.11%57.44%55.60%51.96%52.46%56.59%56.05%50.72%57.57%59.08%49.63%53.10%53.37%50.90%53.67%54.12%
Profit Margin
47.19%47.30%46.23%46.11%45.65%45.51%45.24%44.63%44.28%46.80%47.43%42.62%48.95%45.38%41.08%43.41%43.42%41.39%50.92%45.61%
FCF Margin
49.61%37.53%33.88%55.53%63.76%56.11%30.63%63.28%68.25%43.43%23.87%61.90%47.89%41.76%31.47%51.06%65.06%43.70%31.66%58.80%

Dividends

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Dividend Per Share
0.8700.8700.8700.8700.7600.7600.7600.7600.6600.6600.6600.6600.5700.5700.5700.5700.4900.4900.4900.490
Dividend Per Share Growth
14.47%14.47%14.47%14.47%15.15%15.15%15.15%15.15%15.79%15.79%15.79%15.79%16.33%16.33%16.33%16.33%11.36%11.36%11.36%11.36%
Dividend Yield
0.63%0.65%0.65%0.55%0.53%0.52%0.52%0.52%0.53%0.58%0.51%0.55%0.57%0.56%0.58%0.58%0.69%0.60%0.52%0.50%

Valuation

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
PE Ratio
28.4927.9228.6234.2536.0937.5638.1237.5437.0233.4637.9335.7334.1336.4335.8633.6728.0931.6436.8140.64
Forward PE
25.9325.3725.5031.0432.3634.2734.4733.5932.3329.9533.4631.2029.6530.8629.7530.1925.4929.7334.6536.62
P/FCF Ratio
30.0427.1725.0629.8830.2330.8333.3733.7833.4934.9939.7034.4535.4433.4531.7131.0925.3332.2737.5938.99
PS Ratio
13.3112.9413.1315.6316.3416.8717.2317.1616.7615.5417.4815.9415.3115.8015.1815.0412.7014.7117.5618.70