Mastercard Incorporated (MA) Financials
Key financial figures for Mastercard Incorporated (Q2 2026).
Mastercard reported Q2 2026 net revenue of $9,277 million, up 14% year over year, with adjusted diluted EPS of $5.04 versus $4.15 a year earlier. Net revenue was $9,277 million, up 14% year over year (12% on a currency-neutral basis); adjusted diluted EPS was $5.04 versus $4.15 in Q2 2025, and GAAP diluted EPS was $4.97 versus $4.07. GAAP net income was $4,388 million (adjusted net income $4.5 billion); operating margin expanded to 60.2% GAAP (61.1% adjusted), aided by an effective tax rate of 20.0% versus 20.8% a year earlier. Gross dollar volume reached $2.9 trillion, up 8% on a local currency basis; switched transactions rose 9%; cross-border volume growth was 12% on a local currency basis, decelerating from 15% in Q2 2025. Figures are for Q2 2026, as Mastercard Incorporated reported them.
- Revenue
- $9.3B
- Net Income
- $4.4B
- EPS
- $4.98
- Total Assets
- $57.7B
- Operating Cash Flow
- $3.8B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $9.3B | $4.4B | $4.97 | 61.74% | $3.3B |
| Q1 FY2026 | $8.4B | $3.9B | $4.35 | 59.12% | $2.8B |
| Q4 FY2025 | $8.8B | $4.1B | $4.52 | 58.24% | $4.8B |
| Q3 FY2025 | $8.6B | $3.9B | $4.34 | 60.1% | $5.5B |
| Q2 FY2025 | $8.1B | $3.7B | $4.07 | 60.42% | $4.6B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $32.8B | $15.0B | $16.52 | 59.51% | $16.9B |
| FY2024 | $28.2B | $12.9B | $13.89 | 57.96% | $14.3B |
| FY2023 | $25.1B | $11.2B | $11.83 | 58.29% | $11.6B |
Frequently asked questions
What was Mastercard Incorporated's revenue last quarter?
Mastercard Incorporated reported revenue of $9.28 billion for Q2 FY2026, up 14.1% from the same period a year earlier.
Is Mastercard Incorporated profitable?
Yes. Mastercard Incorporated reported net income of $4.39 billion for Q2 FY2026, a net margin of 47.3% on revenue.
How has Mastercard Incorporated's margin trended?
Operating margin was 61.74% in Q2 FY2026, compared with 60.42% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Mastercard Incorporated generate?
Mastercard Incorporated generated free cash flow of $3.30 billion in Q2 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Mastercard Incorporated on SentiSense, with up to forty quarters and twenty fiscal years of history.