Mastercard Amortization of Customer Incentives increased by 3.1% to $533.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.2%, from $502.00M to $533.00M. Over 3 years (FY 2021 to FY 2024), Amortization of Customer Incentives shows an upward trend with a 10.1% CAGR.
Higher amortization reflects significant historical investment in securing long-term customer partnerships.
This represents the non-cash amortization of upfront payments or rebates provided to financial institutions to secure lo...
Common in payment networks and SaaS companies that use upfront incentives to drive volume.
cf_ma_amortization_of_customer_incentives| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $313.00M | $344.00M | $376.00M | $430.00M | $382.00M | $385.00M | $389.00M | $378.00M | $404.00M | $414.00M | $426.00M | $411.00M | $415.00M | $502.00M | $502.00M | $476.00M | $517.00M | $533.00M |
| QoQ Change | — | +9.9% | +9.3% | +14.4% | -11.2% | +0.8% | +1.0% | -2.8% | +6.9% | +2.5% | +2.9% | -3.5% | +1.0% | +21.0% | +0.0% | -5.2% | +8.6% | +3.1% |
| YoY Change | — | — | — | — | +22.0% | +11.9% | +3.5% | -12.1% | +5.8% | +7.5% | +9.5% | +8.7% | +2.7% | +21.3% | +17.8% | +15.8% | +24.6% | +6.2% |
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