Mastercard Incorporated (MA) Financial Statements

Historical financial data — 41 statements covering FY2016–FY2025

Mastercard is the second-largest payment processor in the world, having processed close to $11 trillion in volume during 2025. Mastercard operates in over 200 countries and processes transactions i...

Mastercard Incorporated's revenue increased 16.4% year over year, from $28.17B to $32.79B.

Net income increased 16.3% over the same period, from $12.87B to $14.97B.

Over the 9-year period from FY2016 to FY2025, revenue grew by 204% in total.

Total debt remained relatively stable at $18.25B.

The debt-to-equity ratio stands at 2.36, indicating a high leverage profile.

Operating cash flow grew 19.4% to $17.65B.

Mastercard Incorporated maintains a strong net profit margin of 45.6%.

Recent Financial Statements

PeriodRevenueNet IncomeGross ProfitEBITOp. Cash FlowTotal AssetsTotal DebtEquity
Q3 FY2023$18.55B+54.4%$8.40BN/A$10.64B$7.85B$39.67B$14.23B$6.31B
Q1 FY2024$6.35B-65.8%$3.01BN/A$3.60B$1.67B$42.60B$13.54B$7.24B
Q2 FY2024$13.31B+109.7%$6.27BN/A$7.64B$4.81B$42.33B$14.52B$7.42B
Q3 FY2024$20.68B+55.4%$9.53BN/A$11.64B$9.95B$47.24B$17.61B$7.44B
Q1 FY2025$7.25B-64.9%$3.28BN/A$4.15B$2.38B$48.47B$18.80B$6.67B
Q2 FY2025$15.38B+112.2%$6.98BN/A$8.93B$6.98B$51.43B$18.97B$7.85B
Q3 FY2025$23.98B+55.9%$10.91BN/A$13.99B$12.65B$53.29B$18.98B$7.90B
Q1 FY2026$8.40B-65.0%$3.88BN/A$4.91B$3.00B$52.45B$17.21B$6.72B

Balance Sheet Summary (Latest Period)

Total Assets
$54.16B
Total Liabilities
$46.41B
Total Equity
$7.74B
Cash & Equivalents
$10.57B
Total Debt
$18.25B
Current Assets
$23.56B
Current Liabilities
$22.76B
Retained Earnings
$85.03B
Current Price: $588.42
Market Cap: $515.5B
Sector: Financial Services