Settlement Receivables
Current AssetsMastercard Settlement Receivables decreased by 23.8% to $1.84B in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 6.9%, from $1.98B to $1.84B. Over 4 years (FY 2020 to FY 2024), Settlement Receivables shows relatively stable performance with a 1.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase generally correlates with higher transaction volumes and network growth, while a decrease may indicate seasonal fluctuations or changes in settlement timing.
Detailed definition
Amounts due from financial institutions or clearing houses resulting from the processing of payment transactions. This i...
Peer comparison
Highly specific to the payments industry; peers like Visa or American Express report similar line items.
settlement_receivablesHistorical 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 | $937.00M | $861.00M | $1.32B | $1.10B | $1.06B | $1.02B | $1.27B | $1.24B | $1.38B | $1.12B | $1.23B | $1.65B | $1.51B | $1.98B | $1.82B | $2.12B | $2.42B | $1.84B |
| QoQ Change | — | -8.1% | +53.2% | -16.5% | -3.5% | -4.1% | +24.6% | -2.7% | +11.5% | -18.9% | +10.3% | +33.6% | -8.1% | +30.6% | -7.9% | +16.4% | +14.1% | -23.8% |
| YoY Change | — | — | — | — | +13.4% | +18.4% | -3.7% | +12.3% | +29.6% | +9.7% | -2.9% | +33.3% | +9.9% | +76.9% | +47.7% | +28.7% | +59.7% | -6.9% |
Settlement Receivables at Other Companies
Frequently Asked Questions
- What is Mastercard's settlement receivables?
- Mastercard (MA) reported settlement receivables of $1.84B in Q3 2025.
- How has Mastercard's settlement receivables changed year-over-year?
- Mastercard's settlement receivables decreased by 6.9% year-over-year, from $1.98B to $1.84B.
- What is the long-term trend for Mastercard's settlement receivables?
- Over 4 years (2020 to 2024), Mastercard's settlement receivables has grown at a 1.6% compound annual growth rate (CAGR), from $1.71B to $1.82B.
- What does settlement receivables mean?
- Funds owed to the company by banks or clearing houses for processed payments.