# Mastercard Inc: overview

MA · NYSE · CIK 1141391 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ma.md) · [Financials](/companies/ma/financials.md) · [Filings](/companies/ma/filings.md) · [Insiders](/companies/ma/insiders.md)

Latest reported revenue: [$9.28bn](/filings/0001141391-26-000083.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Jul 30, 2026 (XBRL us-gaap:Revenues, accession 0001141391-26-000083).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [7,369](/filings/0001141391-25-000193.md) | [7,489 d](/filings/0001141391-26-000013.md) | [7,250](/filings/0001141391-26-000031.md) | [8,133](/filings/0001141391-26-000083.md) | [8,602](/filings/0001141391-25-000193.md) | [8,806 d](/filings/0001141391-26-000013.md) | [8,398](/filings/0001141391-26-000031.md) | [9,277](/filings/0001141391-26-000083.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [54.3%](/filings/0001141391-25-000193.md) | [52.6% d](/filings/0001141391-26-000013.md) | [57.2%](/filings/0001141391-26-000031.md) | [58.7%](/filings/0001141391-26-000083.md) | [58.8%](/filings/0001141391-25-000193.md) | [55.8% d](/filings/0001141391-26-000013.md) | [58.4%](/filings/0001141391-26-000031.md) | [60.2%](/filings/0001141391-26-000083.md) |
| Net margin | % | [44.3%](/filings/0001141391-25-000193.md) | [44.6% d](/filings/0001141391-26-000013.md) | [45.2%](/filings/0001141391-26-000031.md) | [45.5%](/filings/0001141391-26-000083.md) | [45.7%](/filings/0001141391-25-000193.md) | [46.1% d](/filings/0001141391-26-000013.md) | [46.2%](/filings/0001141391-26-000031.md) | [47.3%](/filings/0001141391-26-000083.md) |
| Diluted EPS | $ per share | [3.53](/filings/0001141391-25-000193.md) | not reported | [3.59](/filings/0001141391-26-000031.md) | [4.07](/filings/0001141391-26-000083.md) | [4.34](/filings/0001141391-25-000193.md) | not reported | [4.35](/filings/0001141391-26-000031.md) | [4.97](/filings/0001141391-26-000083.md) |
| Free cash flow | $m | [5,029 d](/filings/0001141391-25-000193.md) | [4,739 d](/filings/0001141391-26-000013.md) | [2,221](/filings/0001141391-26-000031.md) | [4,563 d](/filings/0001141391-26-000083.md) | [5,485 d](/filings/0001141391-25-000193.md) | [4,890 d](/filings/0001141391-26-000013.md) | [2,845](/filings/0001141391-26-000031.md) | [3,482 d](/filings/0001141391-26-000083.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [29.8](/filings/0001141391-22-000023.md) | [22.2](/filings/0001141391-25-000011.md) | [25.1](/filings/0001141391-26-000013.md) | [28.2](/filings/0001141391-26-000013.md) | [32.8](/filings/0001141391-26-000013.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [33.8%](/filings/0001141391-24-000022.md) | [55.2%](/filings/0001141391-25-000011.md) | [55.8%](/filings/0001141391-26-000013.md) | [55.3%](/filings/0001141391-26-000013.md) | [57.6%](/filings/0001141391-26-000013.md) |
| Net margin | % | [29.1%](/filings/0001141391-24-000022.md) | [44.7%](/filings/0001141391-25-000011.md) | [44.6%](/filings/0001141391-26-000013.md) | [45.7%](/filings/0001141391-26-000013.md) | [45.6%](/filings/0001141391-26-000013.md) |
| Diluted EPS | $ per share | [8.76](/filings/0001141391-24-000022.md) | [10.22](/filings/0001141391-25-000011.md) | [11.83](/filings/0001141391-26-000013.md) | [13.89](/filings/0001141391-26-000013.md) | [16.52](/filings/0001141391-26-000013.md) |
| Free cash flow | $bn | [9.1](/filings/0001141391-24-000022.md) | [10.8](/filings/0001141391-25-000011.md) | [11.6](/filings/0001141391-26-000013.md) | [14.3](/filings/0001141391-26-000013.md) | [17.2](/filings/0001141391-26-000013.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ma/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $34.10bn | 66,393,565 |  | Reduced −618,423 |
| [MASTERCARD FOUNDATION ASSET MANAGEMENT CORP](/funds/2006397.md) | 2026-06-30 | $30.99bn | 60,347,774 |  | Reduced −4,886,928 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $26.77bn | 52,122,015 |  | Reduced −215,439 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $18.98bn | 36,964,305 |  | Added +486,283 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $14.39bn | 28,228,027 |  | Reduced −4,428,474 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $12.25bn | 23,843,483 |  | Reduced −420,428 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $11.04bn | 21,512,085 |  | Added +440,641 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $9.84bn | 19,163,628 |  | Reduced −270,916 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $7.70bn | 15,001,503 |  | Reduced −161,074 |
| [WELLINGTON MANAGEMENT GROUP LLP](/funds/902219.md) | 2026-06-30 | $6.52bn | 12,698,735 |  | Reduced −302,847 |

## Recent filings

[All 1,965 filings](/companies/ma/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-29 | 10:19 ET | [10-Q](/filings/0001141391-26-000124.md) | Quarterly report, period 2026-09-30 | 0001141391-26-000124 |
| 2026-10-29 | 08:04 ET | [8-K](/filings/0001141391-26-000122.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001141391-26-000122 |
| 2026-07-30 | 10:28 ET | [10-Q](/filings/0001141391-26-000083.md) | Quarterly report, period 2026-06-30 | 0001141391-26-000083 |
| 2026-07-30 | 08:07 ET | [8-K](/filings/0001141391-26-000081.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001141391-26-000081 |
| 2026-06-17 | 16:04 ET | [8-K](/filings/0001141391-26-000041.md) | 5.07 Shareholder vote results | 0001141391-26-000041 |
| 2026-06-08 | 16:02 ET | [8-K](/filings/0001193125-26-261669.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-261669 |
| 2026-06-02 | 16:15 ET | [8-K](/filings/0001141391-26-000037.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001141391-26-000037 |
| 2026-05-07 | 16:17 ET | [8-K](/filings/0001141391-26-000034.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001141391-26-000034 |
| 2026-04-30 | 10:15 ET | [10-Q](/filings/0001141391-26-000031.md) | Quarterly report, period 2026-03-31 | 0001141391-26-000031 |
| 2026-04-30 | 08:03 ET | [8-K](/filings/0001141391-26-000029.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001141391-26-000029 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001141391-26-000013.md), filed Feb 11, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, locked when the 8-K was accepted. It is scored when the 10-Q or 10-K is ingested. [See the target](/leagues/2026q3/targets/f0eec932-f2b4-413b-8a62-d3de6b7d3288)

## About the filer

- CIK: 1141391
- Tickers: MA
- Exchange: NYSE
- SIC code: 7389 Services-Business Services, NEC
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 16:29 ET. No prices; not investment advice.