Mastercard Inc (MA) operating KPIs

MANYSEServices-Business Services, NECFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Jul 30, 2026Score 12/30350% above fair value

$638.01+2.31 (+0.36%)

Close on Oct 30, 2026Market cap $558.90BP/E –Yield 0.49%

KPIs

Operating metrics that drive Mastercard's business · fiscal year ends December 31

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Metric	Q3 '26 2026-09-30	Q2 '26 2026-06-30	Q1 '26 2026-03-31	Q4 '25 2025-12-31	Q3 '25 2025-09-30	Q2 '25 2025-06-30	Q1 '25 2025-03-31	Q4 '24 2024-12-31	Q3 '24 2024-09-30	Q2 '24 2024-06-30	Q1 '24 2024-03-31	Q4 '23 2023-12-31

All Mastercard Programs — Gross Dollar Volume (GDV, $B)($M)8		2,881	2,703	2,824	2,758	2,640	2,423	2,569	2,508	2,411	2,295	2,356
All Mastercard Programs — GDV local-currency YoY growth (%)(%)		8.0%	7.3%	7.5%	8.8%	9.1%	9.3%	11.7%	10.6%	9.6%	10.6%	9.9%
All Mastercard Programs — GDV nominal USD YoY growth (%)(%)		9.2%	11.5%	9.8%	9.8%	9.5%	5.5%	9.0%	8.7%	6.2%	8.8%	10.1%
United States — GDV ($B)($M)2		858	795	825	819	813	762	793	767	765	713	728
Worldwide less U.S. — GDV ($B)($M)2		2,024	1,908	1,999	1,939	1,826	1,661	1,776	1,741	1,646	1,582	1,628
Europe — GDV ($B)($M)2		1,025	943	1,007	999	935	806	871	868	800	741	762
Asia Pacific, Middle East & Africa (APMEA) — GDV ($B)($M)2		654	645	661	639	605	593	623	603	578	574	591
Latin America — GDV ($B)($M)2		269	252	257	230	216	203	213	203	201	205	208
Canada — GDV ($B)($M)2		76	67	74	71	70	60	70	68	68	61	67
All Mastercard Programs — Purchase Volume ($B)($M)7		2,417	2,251	2,349	2,289	2,182	1,992	2,112	2,056	1,973	1,866	1,916
All Mastercard Programs — Purchase Volume local-currency YoY growth (%)(%)		9.6%	8.9%	9.0%	10.3%	10.1%	10.3%	12.8%	11.3%	10.6%	11.4%	10.8%
United States — Purchase Volume ($B)($M)1		794	733	763	752	746	698	728	703	700	653	668
Worldwide less U.S. — Purchase Volume ($B)($M)1		1,623	1,518	1,587	1,537	1,436	1,294	1,384	1,353	1,273	1,214	1,248
Europe — Purchase Volume ($B)($M)1		838	770	816	807	751	646	692	690	631	583	594
Asia Pacific, Middle East & Africa (APMEA) — Purchase Volume ($B)($M)1		508	495	509	490	458	442	469	452	430	428	440
Latin America — Purchase Volume ($B)($M)1		203	188	190	170	159	148	155	145	146	144	148
Canada — Purchase Volume ($B)($M)1		74	65	72	69	68	58	68	66	66	59	65
All Mastercard Programs — Purchase Transactions (millions)(M)7		57,096	52,331	55,371	54,421	52,297	48,221	50,712	49,496	47,597	44,135	45,446
All Mastercard Programs — Purchase Transactions YoY growth (%)(%)		9.2%	8.5%	9.2%	10.0%	9.9%	9.2%	11.6%	11.4%	11.9%	13.3%	12.7%
United States — Purchase Transactions (millions)(M)1		11,792	10,839	11,527	11,594	11,390	10,520	11,144	10,889	10,713	9,892	10,228
Worldwide less U.S. — Purchase Transactions (millions)(M)1		45,304	41,492	43,844	42,828	40,908	37,701	39,568	38,607	36,884	34,243	35,218
Europe — Purchase Transactions (millions)(M)1		21,998	19,700	21,114	21,168	20,268	18,293	19,357	19,283	18,279	16,610	17,181
Asia Pacific, Middle East & Africa (APMEA) — Purchase Transactions (millions)(M)1		13,813	12,920	13,537	13,011	12,423	11,653	12,215	11,763	11,326	10,691	10,970
Latin America — Purchase Transactions (millions)(M)1		8,250	7,772	7,986	7,455	7,066	6,739	6,862	6,450	6,206	5,980	6,025
Canada — Purchase Transactions (millions)(M)1		1,242	1,099	1,207	1,193	1,151	1,016	1,134	1,111	1,072	961	1,042
All Mastercard Programs — Cash Volume ($B)($M)8		464	452	475	469	457	432	457	453	438	429	440
Switched Transactions — Total (millions)(M)3		47,350	43,800	46,458	45,375	43,539	40,097	42,228	41,103	39,446	36,651	38,058
Switched Transactions YoY growth (%, SOPD)(%)		9.0%	9.0%	10.0%	10.0%	10.0%	9.0%	11.0%	11.0%	11.0%	13.0%	12.0%
Cross-Border Volume — Local-currency YoY growth (%, SOPD)(%)		12.0%	13.0%	14.0%	15.0%	15.0%	15.0%	20.0%	17.0%	17.0%	18.0%	18.0%
Cross-Border Volume — Nominal USD YoY growth (%, SOPD)(%)		14.0%	21.0%	20.0%	19.0%	19.0%	12.0%	18.0%	17.0%	15.0%	19.0%	21.0%
Total Worldwide Cards — Mastercard & Maestro (millions)(M)3		3,734	3,690	3,672	3,622	3,562	3,512	3,472	3,409	3,360	3,334	3,300
Total Worldwide Cards YoY growth (%)(%)		4.8%	5.1%	5.8%	6.3%	6.0%	5.4%	5.5%	5.5%	6.0%	7.3%	7.7%
All Mastercard Programs — Mastercard-Branded Cards (millions)(M)7		3,463	3,405	3,371	3,307	3,230	3,177	3,127	3,058	2,998	2,963	2,919
All Mastercard Programs — Cards YoY growth (%)(%)		7.2%	7.2%	7.8%	8.1%	7.7%	7.3%	7.4%	7.5%	7.9%	9.2%	9.3%
United States — Cards (millions)(M)1		739	732	724	713	705	699	700	684	677	676	666
Worldwide less U.S. — Cards (millions)(M)1		2,725	2,673	2,646	2,594	2,526	2,478	2,427	2,374	2,322	2,287	2,253
Europe — Cards (millions)(M)1		986	974	980	965	938	919	904	882	855	837	814
Asia Pacific, Middle East & Africa (APMEA) — Cards (millions)(M)1		1,052	1,034	1,023	1,006	990	977	963	954	943	938	935
Latin America — Cards (millions)(M)1		588	568	548	529	506	492	473	454	441	430	423
Canada — Cards (millions)(M)1		98	96	95	94	92	90	87	84	82	83	81
Maestro-Branded Cards — Worldwide (millions)(M)1		271	285	301	316	332	335	345	351	362	371	381
Maestro-Branded Cards YoY growth (%)(%)		18.2%	14.9%	12.7%	10.0%	8.4%	9.6%	9.4%	9.0%	7.9%	5.3%	3.7%

Credit & Charge Programs — Gross Dollar Volume (GDV, $B)($M)4		1,331	1,247	1,302	1,272	1,216	1,117	1,194	1,169	1,131	1,078	1,115
Credit & Charge Programs — GDV local-currency YoY growth (%)(%)		8.8%	8.7%	8.0%	8.8%	7.9%	7.7%	10.2%	8.9%	8.7%	10.3%	10.1%
Credit & Charge Programs — GDV nominal USD YoY growth (%)(%)		9.5%	11.7%	9.0%	8.7%	7.5%	3.6%	7.1%	6.6%	4.9%	7.5%	9.7%
United States — GDV ($B)($M)2		458	417	438	424	418	386	412	398	394	364	382
Worldwide less U.S. — GDV ($B)($M)2		874	831	864	848	798	731	782	771	737	713	732
Credit & Charge Programs — Purchase Volume ($B)($M)3		1,280	1,197	1,251	1,221	1,166	1,069	1,145	1,120	1,083	1,028	1,065
Credit & Charge Programs — Purchase Transactions (millions)(M)3		23,140	21,475	22,861	22,431	21,522	20,010	21,234	20,756	20,005	18,700	19,455
Credit & Charge Programs — Cash Volume ($B)($M)4		51	50	50	51	50	48	49	49	48	49	49
Credit & Charge Programs — Mastercard-Branded Cards (millions)(M)3		1,206	1,196	1,187	1,181	1,164	1,158	1,150	1,137	1,121	1,118	1,115
Debit & Prepaid Programs — Gross Dollar Volume (GDV, $B)($M)4		1,550	1,455	1,523	1,485	1,424	1,306	1,375	1,340	1,280	1,217	1,241
Debit & Prepaid Programs — GDV local-currency YoY growth (%)(%)		7.3%	6.2%	7.2%	8.9%	10.0%	10.7%	13.1%	12.2%	10.4%	10.9%	9.7%
Debit & Prepaid Programs — GDV nominal USD YoY growth (%)(%)		8.9%	11.4%	10.5%	10.7%	11.2%	7.2%	10.7%	10.6%	7.4%	9.9%	10.6%
United States — GDV ($B)($M)2		400	378	388	395	395	376	382	370	371	348	345
Worldwide less U.S. — GDV ($B)($M)2		1,150	1,077	1,135	1,091	1,029	930	993	970	909	869	896
Debit & Prepaid Programs — Purchase Volume ($B)($M)3		1,137	1,054	1,098	1,067	1,016	922	967	936	889	838	851
Debit & Prepaid Programs — Purchase Transactions (millions)(M)3		33,955	30,857	32,510	31,991	30,775	28,211	29,478	28,740	27,592	25,435	25,991
Debit & Prepaid Programs — Cash Volume ($B)($M)4		413	402	425	418	408	384	408	404	391	380	390
Debit & Prepaid Programs — Mastercard-Branded Cards (millions)(M)3		2,257	2,209	2,184	2,126	2,067	2,019	1,977	1,921	1,877	1,845	1,804

Switched Volume — Monthly & Quarterly YoY growth (%, currency-neutral, through Jul 28, 2026 / Q3 '26 MTD)(%)2	9.0%	9.0%	9.0%	9.0%	11.0%	11.0%	11.0%	13.0%	11.0%	10.0%	12.0%	11.0%
Switched Volume — United States YoY growth (%, monthly & quarterly through Jul 28, 2026)(%)	6.0%	6.0%	5.0%	5.0%	8.0%	7.0%	7.0%	9.0%	6.0%	6.0%	7.0%	5.0%
Switched Volume — Worldwide less U.S. YoY growth (%, currency-neutral, monthly & quarterly through Jul 28, 2026)(%)	11.0%	12.0%	12.0%	12.0%	13.0%	14.0%	14.0%	16.0%	14.0%	14.0%	15.0%	15.0%
Switched Transactions — Monthly & Quarterly YoY growth (%, through Jul 28, 2026 / Q3 '26 MTD)(%)	9.0%	9.0%	9.0%	10.0%	10.0%	10.0%	9.0%	11.0%	11.0%	11.0%	13.0%	12.0%
Cross-Border Volume — Monthly & Quarterly YoY growth (%, currency-neutral, through Jul 28, 2026 / Q3 '26 MTD)(%)4	11.0%	12.0%	13.0%	14.0%	15.0%	15.0%	15.0%	20.0%	17.0%	17.0%	18.0%	18.0%
Cross-Border Volume — Intra-Europe YoY growth (%, currency-neutral, monthly & quarterly through Jul 28, 2026)(%)	10.0%	12.0%	14.0%	15.0%	16.0%	17.0%	15.0%	20.0%	17.0%	15.0%	17.0%	17.0%
Cross-Border Volume — Other Cross-Border YoY growth (%, currency-neutral, monthly & quarterly through Jul 28, 2026)(%)	12.0%	11.0%	12.0%	13.0%	13.0%	13.0%	16.0%	20.0%	17.0%	18.0%	19.0%	19.0%
Cross-Border Card-Not-Present (CNP ex-Travel) Volume YoY growth (%, currency-neutral, monthly & quarterly through Jul 28, 2026)(%)	16.0%	20.0%	19.0%	19.0%	21.0%	20.0%	19.0%	21.0%	19.0%	20.0%	21.0%	18.0%
Cross-Border Travel (Card-Present + CNP Travel) Volume YoY growth (%, currency-neutral, monthly & quarterly through Jul 28, 2026)(%)	8.0%	6.0%	8.0%	11.0%	11.0%	12.0%	12.0%	18.0%	15.0%	15.0%	17.0%	18.0%
Contactless penetration of in-person switched purchase transactions (%)(%)		80.0%	78.0%	77.0%	77.0%

Payment Network net revenue ($M)($M)7		5,451	4,948	4,920	5,179	4,945	4,432	4,411	4,629	4,375	3,920	3,891
Payment Network net revenue — As-reported YoY growth (%)(%)		10.0%	12.0%	12.0%	12.0%	13.0%	13.0%	13.0%	10.0%	7.0%	7.0%	9.0%
Payment Network net revenue — Currency-neutral YoY growth (%)(%)		8.0%	8.0%	9.0%	10.0%	13.0%	16.0%	15.0%	11.0%	9.0%	8.0%	7.0%
Domestic assessments — Gross ($M)($M)2		3,154	2,896	2,773	2,809	2,789	2,658	2,538	2,641	2,596	2,470	2,385
Domestic assessments — As-reported YoY growth (%)(%)		13.0%	9.0%	9.0%	6.0%	7.0%	8.0%	6.0%	7.0%	5.0%	10.0%	8.0%
Domestic assessments — Currency-neutral YoY growth (%)(%)		10.0%	6.0%	8.0%	6.0%	9.0%	12.0%	10.0%	10.0%	7.0%	10.0%	7.0%
Cross-border assessments — Gross ($M)($M)2		3,460	3,190	3,265	3,313	2,848	2,595	2,706	2,804	2,433	2,238	2,198
Cross-border assessments — As-reported YoY growth (%)(%)		21.0%	23.0%	21.0%	18.0%	17.0%	16.0%	23.0%	21.0%	19.0%	21.0%	23.0%
Cross-border assessments — Currency-neutral YoY growth (%)(%)		20.0%	18.0%	17.0%	16.0%	15.0%	18.0%	24.0%	22.0%	21.0%	22.0%	21.0%
Transaction processing assessments — Gross ($M)($M)2		4,508	4,224	4,241	4,191	3,971	3,527	3,605	3,587	3,324	3,086	3,164
Transaction processing assessments — As-reported YoY growth (%)(%)		14.0%	20.0%	18.0%	17.0%	19.0%	14.0%	14.0%	13.0%	12.0%	12.0%	12.0%
Transaction processing assessments — Currency-neutral YoY growth (%)(%)		12.0%	15.0%	14.0%	15.0%	18.0%	17.0%	15.0%	14.0%	13.0%	12.0%	10.0%
Other network assessments — Gross ($M)($M)2		326	277	272	255	260	231	239	227	244	226	251
Other network assessments — As-reported YoY growth (%)(%)		25.0%	21.0%	14.0%	13.0%	7.0%	2.0%	-5.0%	-1.0%	-9.0%	6.0%	32.0%
Other network assessments — Currency-neutral YoY growth (%)(%)		23.0%	18.0%	12.0%	12.0%	7.0%	3.0%	-5.0%	-1.0%	-9.0%	6.0%	30.0%
Payment Network rebates and incentives contra-revenue ($M)($M)2		5,997	5,639	5,631	5,389	4,923	4,579	4,677	4,630	4,222	4,100	4,108
Payment Network rebates and incentives — As-reported YoY growth (%)(%)		22.0%	23.0%	20.0%	16.0%	17.0%	12.0%	14.0%	17.0%
Payment Network rebates and incentives — Currency-neutral YoY growth (%)(%)		20.0%	19.0%	17.0%	15.0%	16.0%	15.0%	17.0%	19.0%
Value-Added Services and Solutions net revenue ($M)($M)2		3,826	3,450	3,886	3,423	3,188	2,818	3,078	2,740	2,586	2,428	2,657
Value-Added Services and Solutions net revenue — As-reported YoY growth (%)(%)		20.0%	22.0%	26.0%	25.0%	23.0%	16.0%	16.0%	18.0%	18.0%	16.0%	19.0%
Value-Added Services and Solutions net revenue — Currency-neutral YoY growth (%)(%)		18.0%	18.0%	22.0%	22.0%	22.0%	18.0%	17.0%	19.0%	19.0%	15.0%	17.0%
Total Net Revenue — As-reported YoY growth (%, Slide 6)(%)3		14.0%	16.0%	18.0%	17.0%	17.0%	14.0%	14.0%	13.0%	11.0%	10.0%	13.0%
Total Net Revenue — Currency-neutral YoY growth (%, Slide 6)(%)		12.0%	12.0%	15.0%	15.0%	16.0%	17.0%	16.0%	14.0%	13.0%	11.0%	11.0%
Net revenue by customer geography — Americas / North America ($M, XBRL)($M)		3,999	3,564	3,837	3,651	3,406	3,151	3,282	3,156	3,164	2,773	2,956
Net revenue by customer geography — APEMEA / International Markets ($M, XBRL)($M)		5,278	4,834	4,969	4,951	4,727	4,099	4,207	4,213	3,797	3,575	3,592
Non-GAAP Adjusted operating income ($M)($M)7		5,670	5,109	5,085	5,144	4,873	4,300	4,219	4,370	4,133	3,731	3,680
Non-GAAP Adjusted operating income — As-reported YoY growth (%)(%)		16.0%	19.0%	21.0%	18.0%	18.0%	15.0%	15.0%	14.0%	12.0%	11.0%	15.0%
Non-GAAP Adjusted operating income — Currency-neutral YoY growth (%)(%)		14.0%	13.0%	17.0%	15.0%	17.0%	19.0%	17.0%	15.0%	15.0%	12.0%	13.0%
Non-GAAP Adjusted operating margin (%)(%)		61.1%	60.8%	57.7%	59.8%	59.9%	59.3%	56.3%	59.3%	59.4%	58.8%	56.2%
Non-GAAP Adjusted operating expenses ($M)($M)2		3,608	3,289	3,721	3,459	3,260	2,950	3,270	2,999	2,828	2,617	2,868
Non-GAAP Adjusted operating expenses — As-reported YoY growth (%)(%)		11.0%	11.0%	14.0%	15.0%	15.0%	13.0%	14.0%	12.0%	9.0%	9.0%	10.0%
Non-GAAP Adjusted operating expenses — Currency-neutral YoY growth (%)(%)		10.0%	9.0%	12.0%	14.0%	14.0%	14.0%	15.0%	12.0%	10.0%	9.0%	9.0%
Non-GAAP Adjusted net income ($M)($M)2		4,453	4,103	4,278	3,961	3,769	3,406	3,513	3,593	3,341	3,093	2,985
Non-GAAP Adjusted net income — As-reported YoY growth (%)(%)		18.0%	20.0%	22.0%	10.0%	13.0%	10.0%	18.0%	12.0%	22.0%	16.0%	17.0%
Non-GAAP Adjusted net income — Currency-neutral YoY growth (%)(%)		16.0%	15.0%	17.0%	8.0%	12.0%	13.0%	19.0%	13.0%	24.0%	16.0%	15.0%
Non-GAAP Adjusted diluted EPS ($)($)2		5.04	4.60	4.76	4.38	4.15	3.73	3.82	3.89	3.59	3.31	3.18
Non-GAAP Adjusted diluted EPS — As-reported YoY growth (%)(%)		21.0%	23.0%	25.0%	13.0%	16.0%	13.0%	20.0%	15.0%	24.0%	18.0%	20.0%
Non-GAAP Adjusted diluted EPS — Currency-neutral YoY growth (%)(%)		19.0%	18.0%	20.0%	11.0%	14.0%	16.0%	22.0%	16.0%	27.0%	19.0%	18.0%
Non-GAAP Adjusted effective income tax rate (%)(%)		20.0%	19.2%	17.0%	21.4%	20.9%	19.1%	14.9%	16.3%	17.5%	15.9%	17.0%

Mastercard Brand settlement guarantee — Gross potential exposure ($M)($M)2		93,402	88,147	89,599	86,585	82,713	76,269	78,385	76,524	76,683	73,775	75,023
Mastercard Brand settlement guarantee — Collateral held mitigating exposure ($M)($M)		16,703	16,707	16,722	15,733	14,709	13,703	13,466	13,222	12,855	12,549	12,167
Mastercard Brand settlement guarantee — Net uncollateralized settlement exposure ($M)($M)		76,699	71,440	72,877	70,852	68,004	62,566	64,919	63,302	63,828	61,226	62,856
Settlement due from customers — Current asset ($M)($M)4		2,371	2,062	1,626	1,842	2,418	2,119	1,821	1,978	1,514	1,647	1,233
Settlement due to customers — Current liability ($M)($M)		3,159	2,544	2,409	2,422	2,676	2,441	2,316	2,129	1,594	1,824	1,399
Restricted security deposits held for customers ($M)($M)		2,196	2,307	2,121	2,054	1,999	1,900	1,874	1,868	1,772	1,861	1,845
Operating cash flow — Change in settlement due from customers ($M)($M)		308	437	-216	-576	294	296	-150	459	-133	417	111
Operating cash flow — Change in settlement due to customers ($M)($M)		615	135	-13	-254	232	124	191	532	-231	430	401
Customer & merchant incentives liability — Current ($M)($M)4		9,868	9,598	9,958	9,267	7,993	7,163	7,627	6,884	6,289	6,210	6,219
Customer & merchant incentives liability — Noncurrent ($M)($M)		2,664	3,075	3,041	3,031	2,961	2,904	2,820	2,812	2,786	2,765	2,777
Customer & merchant incentives capitalized asset — Current ($M)($M)		3,156	3,194	2,531	2,371	2,081	1,945	1,854	1,744	1,662	1,629	1,570
Customer & merchant incentives capitalized asset — Noncurrent ($M)($M)		8,440	7,444	7,870	7,697	6,795	6,574	6,550	6,032	5,959	5,894	5,170
Amortization of customer and merchant incentives ($M)($M)		690	620	572	533	517	476	502	502	415	411	426
Remaining Performance Obligations (RPO) — Value-Added Services & Solutions ($M, Note 3)2
Revenue recognized from prior-period contract liability balance ($M)($M)		966	752	1,313	838	699	651	1,065	656	569	510	738
Operating cash flow — Change in contract liabilities ($M)($M)		-109	199	67	55	99	26	6	96	-89	16	37
Foreign exchange derivative contracts — Notional amount ($M)($M)		10,116	10,802	10,916	9,507	9,202	9,702	10,203	9,950	7,245	7,477	7,430

Quarterly & annual share repurchases — Total cost, trade-date basis ($M, XBRL)($M)2		4,909	4,125	3,572	3,371	2,321	2,573	3,410	2,969	2,633	2,013	1,856
Quarterly & annual share repurchases — Shares repurchased (millions, XBRL)(M)		9.80	7.80	6.40	5.80	4.20	4.70	6.50	6.30	5.80	4.40	4.60
Quarter-end remaining share repurchase authorization ($M, XBRL)($M)		8,500	13,400	17,500	7,000	10,300	12,600	15,200	6,600	9,500	12,200	14,100
Class A common stock shares outstanding (millions)(M)3		871	880	887	893	899	903	907	913	919	924	927
Class B common stock shares outstanding (millions)(M)		7	7	7	7	7	7	7	7	7	7	7
Treasury stock shares held (millions)(M)		536	526	518	512	506	502	497	491	485	479	475
Treasury stock carrying cost ($M)($M)		92,226	87,342	83,224	79,670	76,299	73,995	71,431	68,035	65,067	62,434	60,429
Accrued litigation liability — Total current ($M)($M)4		296	339	800	943	1,035	1,057	930	665	525	595	723
Accrued litigation liability — U.S. merchant class litigation ($M)($M)		149	177	637	512	544	679	559	572	432	499	596
Restricted cash for litigation settlement escrow ($M)($M)		488	551	561	478	542	507	492				32
Litigation settlements provision expense ($M)($M)		82	0	174	83	96	151	280	176	98	126	308
Operating cash flow — Change in accrued litigation ($M)($M)		-43	-461	-138	-85	-38	119	264	138	-70	-127	246

Capitalized internal-use software additions ($M)($M)		187	181	178	181	169	198	155	163	181	221	192
Property, plant & equipment — Gross carrying value ($M, Note 9)1
Accumulated depreciation and amortization of PP&E ($M)($M)		2,878	2,818	2,756	2,656	2,625	2,501	2,393	2,435	2,373	2,304	2,237
Finite-lived intangible assets — Net carrying value ($M, Note 10)1
Total workforce compensation and benefits cost ($B, Form 10-K Item 1)1
Accrued employee compensation and benefits liability ($M)($M)		1,087	844	1,716	1,331	1,013	734	1,681	1,296	823	631	1,258

U.S. commercial bank credit card & revolving plans loans ($B, SA, Federal Reserve H.8, through Oct 2026)4
U.S. commercial bank credit card interest rate — All accounts (%, NSA, Fed G.19, through Q3 '26)(%)	21.2%	20.9%	21.0%	21.0%	21.4%	21.2%	21.4%	21.5%	21.8%	21.5%	21.6%	21.5%
U.S. commercial bank credit card interest rate — Accounts assessed interest (%, NSA, Fed G.19, through Q3 '26)(%)	22.4%	22.2%	21.5%	22.3%	22.8%	22.3%	21.9%	22.8%	23.4%	22.8%	22.6%	22.8%
U.S. commercial bank credit card delinquency rate (%, SA, Federal Reserve)(%)		2.9%	2.9%	3.0%	3.0%	3.0%	3.1%	3.1%	3.2%	3.2%	3.2%	3.1%
U.S. commercial bank credit card net charge-off rate (%, SA, Federal Reserve)(%)		3.8%	3.8%	4.1%	4.2%	4.2%	4.4%	4.6%	4.7%	4.6%	4.4%	4.2%
U.S. advance retail & food services monthly sales ($M, SA, U.S. Census Bureau, through Sep 2026)2
U.S. quarterly retail e-commerce sales ($M, SA, U.S. Census Bureau)($M)		340,244	327,861	317,999	310,817	303,284	297,701	300,329	295,249	288,822	283,038	276,781
U.S. e-commerce share of total retail sales (%, SA, U.S. Census Bureau)(%)		17.1%	17.0%	16.7%	16.4%	16.3%	16.0%	16.2%	16.2%	16.1%	15.9%	15.5%

Net revenue ($M)($M)5		9,277	8,398	8,806	8,602	8,133	7,250	7,489	7,369	6,961	6,348	6,548
Payment Network net revenue ($M, DB segment)($M)		5,451	4,948	4,920	5,179	4,945	4,432	4,411	4,629	4,375	3,920	3,891
Value-Added Services and Solutions net revenue ($M, DB segment)($M)		3,826	3,450	3,886	3,423	3,188	2,818	3,078	2,740	2,586	2,428	2,657
Payment Solutions reportable segment revenue ($M, DB segment)($M)		9,277	8,398	8,806	8,602	8,133	7,250	7,489	7,369	6,961	6,348
Revenue by geography — Americas / North America ($M, DB segment)($M)		3,999	3,564		3,651	3,406	3,151		3,156	3,164	2,773	180
Revenue by geography — APEMEA / International Markets ($M, DB segment)($M)		5,278	4,834	4,969	4,951	4,727	4,099	4,207	4,213	3,797	3,575	3,592
Operating income ($M)($M)5		5,587	4,907	4,910	5,061	4,777	4,149	3,938	4,004	4,036	3,604	3,372
Total operating expenses ($M)($M)		3,690	3,491	3,896	3,541	3,356	3,101	3,551	3,365	2,925	2,744	3,176
General and administrative expense ($M)($M)		3,082	3,039	3,106	2,923	2,766	2,523	2,745	2,744	2,418	2,286	2,399
Advertising and marketing expense ($M)($M)		217	153	319	245	213	152	295	220	184	116	264
Depreciation and amortization ($M)($M)		309	299	297	290	281	275	231	225	225	216	205
Litigation settlements provision ($M, DB)($M)		-82	0	-174	-83	-96	-151	-280	-176	-98	-126	-308
GAAP net income ($M)($M)9		4,388	3,882	4,060	3,927	3,701	3,280	3,342	3,263	3,258	3,011	2,791
Income before income taxes ($M)($M)		5,486	4,812	4,876	4,999	4,672	4,031	3,891	3,866	3,939	3,558	3,321
Income tax provision ($M)($M)		1,098	930	816	1,072	971	751	549	603	681	547	530
Interest expense ($M)($M)		218	185	159	186	195	182	184	159	153	150	148
Non-operating income / (expense), net ($M)($M)		-101	-95	-34	-62	-105	-118	-47	-138	-97	-46	-51
GAAP diluted EPS ($, DB)($)		4.97	4.35		4.34	4.07	3.59		3.53	3.50	3.22
GAAP basic EPS ($, DB)($)		4.98	4.35		4.35	4.08	3.60		3.54	3.51	3.23
Diluted weighted-average shares (millions, DB)(M)		883	893		905	909	914		925	930	935
Basic weighted-average shares (millions, DB)(M)		882	891		903	908	912		923	929	933
Dividends declared per share ($, DB)($)		0.87	0.87	0.87	0.76	0.76	0.76	0.76	0.66	0.66	0.66	0.66
Operating cash flow ($M)($M)6		3,773	2,999	5,002	5,663	4,603	2,380	4,834	5,136	3,138	1,672	4,130
Capital expenditures — PP&E ($M, positive outflow)($M)		291	154	112	178	40	159	95	107	115	157	77
Dividends paid ($M, positive outflow)($M)		771	777	684	687	691	694	606	611	615	616	534
Share repurchases — Cash outflow ($M, positive outflow)($M)		4,898	4,035	3,558	3,331	2,289	2,549	3,389	2,934	2,639	1,992	1,832
Share-based compensation ($M)($M)		190	136	112	177	179	129	108	155	155	108	86
Financing cash flow ($M)($M)		-35	-5,005	-4,186	-4,000	-3,006	-2,987	-4,041	-857	-3,257	-2,681	-2,350
Investing cash flow ($M)($M)		-517	-362	-421	-374	-227	-340	-2,678	-256	-294	-174	-214
Total assets ($M)($M)23		57,691	52,449	54,157	53,289	51,431	48,470	48,081	47,237	42,333	42,602	42,448

13 metrics have no data in the last 12 quarters — .

Italic numbers are calculated by StockData from reported figures (hover for the formula). Numbers with a dotted underline are read from the text of earnings releases and presentations; hover to see the exact sentence. Tick a row to add it to the chart above (up to 8 lines).

Methodology and excluded metrics

Latest completed financial quarter: Q2 '26 (ended June 30, 2026; Form 10-Q and Supplemental Operational Performance Data filed July 30, 2026); latest completed fiscal year: FY2025 (ended December 31, 2025; Form 10-K filed February 11, 2026).
Forward & pre-released Q3 '26 / Jul–Oct 2026 columns: include Slide 9 monthly (`2022-01..2026-07`) and intra-quarter `Q3 '26` (`FY2026Q3`) operational YoY growth rates through July 28, 2026 across 9 drivers (`Switched Volume Total / U.S. / Worldwide less U.S.`, `Switched Transactions`, `Cross-Border Volume Total / Intra-Europe / Other Cross-Border / XB CNP ex-Travel / XB Travel`), plus Federal Reserve G.19 / H.8, U.S. Census Bureau, and U.S. BEA payment & consumer credit benchmarks through `Q3 '26` and `Oct 2026`.
Statutory subsidiary: self-reported audited annual accounts from UK Companies House for Vocalink Limited (`06119048`, UK-adopted IFRS, £M, £T payment volume, billions of Bacs & Faster Payments transactions, Bank of England regulatory capital, and headcount, `FY2021–FY2025`). Under U.S. GAAP, Mastercard Incorporated omits parent-only Schedule I financial statements in Form 10-K, so no consolidated − parent subtraction is performed.
Every narrative, slide, and table figure extracted via `parse_sec.py` is paired with an exact verbatim quote verified by `lib/quotes.py` (`number_in(quote, val, allow_bound=False)`). Bound figures ('over 4 billion monthly tokenized transactions', 'Click to Pay transactions grew over 55%', 'more than 200 countries and territories') are excluded from numeric cells and documented in row notes and `Plan.md`.
Only the 2 permitted period-split derivations (`Q4 = full year (10-K) − nine months (10-Q)` and `quarter = year-to-date − previous year-to-date (cash flow statement)`) are displayed in italic with the formula.

Data updated 2026-10-25.

Every KPI on its own page

Full history, chart, sources and a citation for each metric

Mastercard Inc (MA) operating KPIs

KPIs

Every KPI on its own page

Network Volumes, Switched Transactions & Cards (Core Payment Network, SOPD)

Credit & Charge vs. Debit & Prepaid Programs by Geography (SOPD)

Monthly & Intra-Quarter Operational Growth & Digital Penetration (Slide 9, 2022-01..2026-07 & Q3 '26 MTD)

Disaggregated Revenue, Gross Network Assessments, Rebates & Non-GAAP Performance

Settlement Guarantee Exposure, Customer Incentive Balances & RPO Backlog (SEC XBRL)

Monthly Share Repurchases (2018-10..2026-06), Multi-Class Share Structure & Litigation Reserves

Technology CapEx, PP&E Breakdown, Intangibles, Leases & Sponsorship Commitments (XBRL & 10-K)

Workforce Demographics, Financial Inclusion, Data Center Energy & GHG Emissions (2025 Impact Report)

Self-Reported Statutory Subsidiary — Vocalink Limited (UK Companies House 06119048, FY2021..FY2025)

External Payments, Consumer Credit & Retail Spending Benchmarks (Fed G.19/H.8, Census, BEA — through Oct 2026 / Q3 '26)

Financial & Segment Context (from the financial database)