Discontinued — last reported Q4 '25
Operating Cash Flow
OperatingMastercard Operating Cash Flow increased by 23.0% to $5.66B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.3%, from $5.14B to $5.66B. Over 3 years (FY 2021 to FY 2024), Operating Cash Flow shows an upward trend with a 16.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher values indicate a self-sustaining business with strong cash generation; a significant divergence from net income can signal high-quality earnings or potential accounting red flags.
Detailed definition
The total amount of cash generated by a company's core business operations, calculated by adjusting net income for non-c...
Peer comparison
This is the gold standard for comparing the cash-generating power of tech giants like Amazon, Google, and Microsoft.
cf_net_cash_from_operatingHistorical Data
| 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 | $2.27B | $2.54B | $3.19B | $1.78B | $2.46B | $3.86B | $3.10B | $1.92B | $2.70B | $3.23B | $4.13B | $1.67B | $3.14B | $5.14B | $4.83B | $2.38B | $4.60B | $5.66B |
| QoQ Change | — | +12.1% | +25.4% | -44.1% | +37.9% | +56.9% | -19.6% | -38.1% | +40.6% | +19.8% | +27.7% | -59.5% | +87.7% | +63.7% | -5.9% | -50.8% | +93.4% | +23.0% |
| YoY Change | — | — | — | — | +8.3% | +51.6% | -2.8% | +7.7% | +9.8% | -16.2% | +33.2% | -12.9% | +16.3% | +58.9% | +17.0% | +42.3% | +46.7% | +10.3% |
Operating Cash Flow at Other Companies
Frequently Asked Questions
- What is Mastercard's operating cash flow?
- Mastercard (MA) reported operating cash flow of $5.66B in Q3 2025.
- How has Mastercard's operating cash flow changed year-over-year?
- Mastercard's operating cash flow increased by 10.3% year-over-year, from $5.14B to $5.66B.
- What is the long-term trend for Mastercard's operating cash flow?
- Over 3 years (2021 to 2024), Mastercard's operating cash flow has grown at a 16.0% compound annual growth rate (CAGR), from $9.46B to $14.78B.
- What does operating cash flow mean?
- The actual cash a company brings in from its day-to-day business activities.