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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
| 9,807 | 9,277 | 8,398 | 8,806 | 8,602 | 8,133 | 7,250 | 7,489 | 7,369 | 6,961 | 6,348 | 6,548 | 6,533 | 6,269 | 5,748 | 5,817 | 5,756 | 5,497 | 5,167 | 5,216 | |
Revenue Growth (YoY) | 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 | 9,807 | 9,277 | 8,398 | 8,806 | 8,602 | 8,133 | 7,250 | 7,489 | 7,369 | 6,961 | 6,348 | 6,548 | 6,533 | 6,269 | 5,748 | 5,817 | 5,756 | 5,497 | 5,167 | 5,216 |
Selling, General & Admin | 3,545 | 3,299 | 2,990 | 3,425 | 3,168 | 2,979 | 2,675 | 3,040 | 2,774 | 2,602 | 2,402 | 2,663 | 2,478 | 2,401 | 2,210 | 2,497 | 2,251 | 2,124 | 1,991 | 2,190 |
Operating Expenses | 3,871 | 3,608 | 3,289 | 3,722 | 3,458 | 3,260 | 2,950 | 3,271 | 2,999 | 2,827 | 2,618 | 2,868 | 2,689 | 2,593 | 2,401 | 2,681 | 2,436 | 2,313 | 2,183 | 2,379 |
Operating Income | 5,936 | 5,669 | 5,109 | 5,084 | 5,144 | 4,873 | 4,300 | 4,218 | 4,370 | 4,134 | 3,730 | 3,680 | 3,844 | 3,676 | 3,347 | 3,136 | 3,320 | 3,184 | 2,984 | 2,837 |
Interest Expense | -250 | -218 | -185 | -159 | -186 | -195 | -182 | -184 | -159 | -153 | -150 | -148 | -151 | -144 | -132 | -127 | -120 | -114 | -110 | -108 |
Interest & Investment Income | 88 | 88 | 81 | 86 | 81 | 70 | 88 | 96 | 76 | 60 | 95 | 89 | 71 | 59 | 55 | 33 | 16 | 7 | 5 | 2 |
Other Non Operating Income (Expenses) | 46 | 31 | 75 | 143 | 2 | 16 | 5 | 1 | 7 | 9 | 3 | -26 | 3 | 10 | 6 | 7 | 4 | 4 | 4 | -19 |
EBT Excluding Unusual Items | 5,820 | 5,570 | 5,080 | 5,154 | 5,041 | 4,764 | 4,211 | 4,131 | 4,294 | 4,050 | 3,678 | 3,595 | 3,767 | 3,601 | 3,276 | 3,049 | 3,220 | 3,081 | 2,883 | 2,712 |
Merger & Restructuring Charges | - | - | -202 | - | - | - | - | - | -190 | - | - | - | - | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Investments | -5 | -2 | -66 | -104 | 41 | 4 | -29 | 40 | -62 | -13 | 6 | 34 | -6 | 123 | -212 | -12 | 60 | -117 | -76 | 111 |
Legal Settlements | -74 | -82 | - | -174 | -83 | -96 | -151 | -280 | -176 | -98 | -126 | -308 | - | -20 | -211 | -15 | -208 | -133 | - | - |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 67 | - | -33 | -34 | - |
Pretax Income | 5,741 | 5,486 | 4,812 | 4,876 | 4,999 | 4,672 | 4,031 | 3,891 | 3,866 | 3,939 | 3,558 | 3,321 | 3,761 | 3,704 | 2,853 | 3,089 | 3,072 | 2,798 | 2,773 | 2,823 |
Income Tax Expense | 1,113 | 1,098 | 930 | 816 | 1,072 | 971 | 751 | 549 | 603 | 681 | 547 | 530 | 563 | 859 | 492 | 564 | 573 | 523 | 142 | 444 |
Net Income | 4,628 | 4,388 | 3,882 | 4,060 | 3,927 | 3,701 | 3,280 | 3,342 | 3,263 | 3,258 | 3,011 | 2,791 | 3,198 | 2,845 | 2,361 | 2,525 | 2,499 | 2,275 | 2,631 | 2,379 |
Net Income to Common | 4,628 | 4,388 | 3,882 | 4,060 | 3,927 | 3,701 | 3,280 | 3,342 | 3,263 | 3,258 | 3,011 | 2,791 | 3,198 | 2,845 | 2,361 | 2,525 | 2,499 | 2,275 | 2,631 | 2,379 |
Net Income Growth (YoY) | 17.85% | 18.56% | 18.35% | 21.48% | 20.35% | 13.60% | 8.93% | 19.74% | 2.03% | 14.52% | 27.53% | 10.54% | 27.97% | 25.05% | -10.26% | 6.14% | 3.52% | 10.12% | 43.93% | 33.28% |
Shares Outstanding (Basic) | 875 | 882 | 891 | 897 | 903 | 908 | 912 | 917 | 923 | 929 | 933 | 936 | 941 | 946 | 953 | 960 | 965 | 971 | 977 | 982 |
Shares Outstanding (Diluted) | 876 | 883 | 893 | 898 | 905 | 909 | 914 | 919 | 925 | 930 | 935 | 939 | 943 | 949 | 956 | 963 | 968 | 974 | 981 | 986 |
Shares Change (YoY) | -3.20% | -2.86% | -2.30% | -2.28% | -2.16% | -2.26% | -2.25% | -2.13% | -1.91% | -2.00% | -2.20% | -2.49% | -2.58% | -2.57% | -2.55% | -2.33% | -2.22% | -2.01% | -1.70% | -1.50% |
EPS (Basic) | 5.29 | 4.98 | 4.36 | 4.53 | 4.35 | 4.08 | 3.60 | 3.64 | 3.54 | 3.51 | 3.23 | 2.98 | 3.40 | 3.01 | 2.48 | 2.63 | 2.59 | 2.34 | 2.69 | 2.42 |
EPS (Diluted) | 5.28 | 4.97 | 4.35 | 4.52 | 4.34 | 4.07 | 3.59 | 3.64 | 3.53 | 3.50 | 3.22 | 2.97 | 3.39 | 3.00 | 2.47 | 2.62 | 2.58 | 2.34 | 2.68 | 2.41 |
EPS Growth (YoY) | 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% |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 4,865 | 3,482 | 2,845 | 4,890 | 5,485 | 4,563 | 2,221 | 4,739 | 5,029 | 3,023 | 1,515 | 4,053 | 3,129 | 2,618 | 1,809 | 2,970 | 3,745 | 2,402 | 1,636 | 3,067 |
Free Cash Flow Per Share | 5.55 | 3.94 | 3.19 | 5.45 | 6.06 | 5.02 | 2.43 | 5.16 | 5.44 | 3.25 | 1.62 | 4.32 | 3.32 | 2.76 | 1.89 | 3.08 | 3.87 | 2.47 | 1.67 | 3.11 |
Dividend Per Share | 0.870 | 0.870 | 0.870 | 0.870 | 0.760 | 0.760 | 0.760 | 0.760 | 0.660 | 0.660 | 0.660 | 0.660 | 0.570 | 0.570 | 0.570 | 0.570 | 0.490 | 0.490 | 0.490 | 0.490 |
Dividend Growth (YoY) | 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% |
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% |
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% |
Free Cash Flow 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% |
EBITDA | 6,262 | 5,978 | 5,408 | 5,381 | 5,434 | 5,154 | 4,575 | 4,449 | 4,595 | 4,359 | 3,946 | 3,885 | 4,055 | 3,868 | 3,538 | 3,320 | 3,505 | 3,373 | 3,176 | 3,026 |
EBITDA Margin | 63.85% | 64.44% | 64.40% | 61.11% | 63.17% | 63.37% | 63.10% | 59.41% | 62.36% | 62.62% | 62.16% | 59.33% | 62.07% | 61.70% | 61.55% | 57.07% | 60.89% | 61.36% | 61.47% | 58.01% |
D&A For EBITDA | 326 | 309 | 299 | 297 | 290 | 281 | 275 | 231 | 225 | 225 | 216 | 205 | 211 | 192 | 191 | 184 | 185 | 189 | 192 | 189 |
EBIT | 5,936 | 5,669 | 5,109 | 5,084 | 5,144 | 4,873 | 4,300 | 4,218 | 4,370 | 4,134 | 3,730 | 3,680 | 3,844 | 3,676 | 3,347 | 3,136 | 3,320 | 3,184 | 2,984 | 2,837 |
EBIT 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% |
Effective Tax Rate | 19.39% | 20.02% | 19.33% | 16.73% | 21.44% | 20.78% | 18.63% | 14.11% | 15.60% | 17.29% | 15.37% | 15.96% | 14.97% | 23.19% | 17.24% | 18.26% | 18.65% | 18.69% | 5.12% | 15.73% |
Advertising Expenses | 252 | 217 | 153 | - | 245 | 213 | 152 | - | 220 | 184 | 116 | - | 193 | 201 | 167 | - | 182 | 210 | 181 | - |