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Mastercard

MA

Mastercard is a global technology company that facilitates electronic payments by connecting consumers, financial institutions, merchants, and governments.

Market cap
$469.73B-9.1%
Revenue$33.9B+16.8%
Net income$15.6B+18.5%
Free cash flow$17.8B+18.5%
EPS (diluted)$17.28+21.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (In 3 weeks)
Revenue estimate$9.1B
EPS estimate$4.74

Financials

Q1 2026

Income statement

See full
Revenue$8.4B+15.8%
Operating income$4.9B+18.3%
Net income$3.9B+18.4%
EPS (diluted)$4.35+21.2%

Balance sheet

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Cash & equivalents$7.9B+4.4%
Total debt$19.0B+0.8%
Total equity$6.7B+0.7%
Total assets$52.4B+8.2%

Cash flow

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Operating cash flow$3.0B+26.0%
CapEx$154.0M-3.1%
Free cash flow$2.8B+28.1%

Valuation & ratios

Valuation

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Market cap$469.73B-9.1%
Enterprise value$480.78B-7.5%
P/E30.2×-7.4×
P/S13.8×-3.0×

Profitability

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Operating margin57.9%+2.4pp
Net margin45.9%+0.7pp
FCF margin52.4%+0.8pp

Returns & leverage

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Return on equity232.6%+43.6pp
Debt / equity2.8×0.0×
Current ratio-0.1×

Segments

By geography

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Asia Pacific, Europe, Middle East and Africa$4.8B+17.9%
Americas 1$3.6B+13.1%

By product

See full
Payment network$4.9B+11.6%
Value-added services and solutions$3.5B+22.4%

By segment

See full
Payment Solutions$8.4B+15.8%

Competitors

Profile

Mastercard is a global technology company that facilitates electronic payments by connecting consumers, financial institutions, merchants, and governments. The company operates a proprietary global payments network that enables the authorization, clearing, and settlement of transactions across various payment rails. Its core value proposition lies in providing secure, efficient, and interoperable payment solutions through a multi-layered franchise model.

Competitive position

A dominant global payment network operator with a massive scale in switched transactions and a significant presence in both carded and account-based payment rails.

GeographiesGlobal
Customer segmentsFinancial Institutions, Retailers, Small and Medium Businesses, Enterprise, Public Sector
Business modelTransaction-based, Franchise, B2B2C, Data-as-a-Service
SuppliersTechnology infrastructure providers, Data center operators, Cybersecurity software providers, Telecommunications networks
CustomersIssuing banks, Acquiring banks, Merchants, E-commerce platforms, Government agencies
Listed2006
Employees33.4K
CEOMichael Miebach
FilingsSEC EDGAR

Questions, answered.

What is Mastercard's market cap?
Mastercard (MA) has a market capitalization of $469.73B and trades on NYSE.
What is Mastercard's revenue and profitability?
Mastercard generated $33.9B in trailing twelve-month revenue with net income of $15.6B, representing a net margin of 45.9%, with free cash flow of $17.8B. These figures are based on the Q1 2026 filing.
Who are Mastercard's competitors?
Mastercard's key competitors include American Express, Visa Inc., PayPal Holdings, Inc., and others. These companies compete in similar markets and product categories.
Who does Mastercard partner with?
Mastercard's notable partners include Visa Inc., American Express, JPMorgan Chase & Co..
What subsidiaries does Mastercard have?
Mastercard's subsidiaries include Vocalink, Finicity, CipherTrace.
Where is Mastercard headquartered?
Mastercard is headquartered in United States of America and employs approximately 33,400 people. It has been publicly traded since 2006.