What is Mastercard's capex?

Mastercard (MA) reported capex of $154M in Q1 2026.

How has Mastercard's capex changed year-over-year?

Mastercard's capex decreased by 3.1% year-over-year, from $159M to $154M.

What is the long-term trend for Mastercard's capex?

Over 4 years (2021 to 2025), Mastercard's capex has grown at a 4.7% compound annual growth rate (CAGR), from $407M to $489M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Mastercard MA CapEx

CapEx at other companies

American ExpressAXP

$1.15B+167%

VisaV

$383M+17.1%

PayPal Holdings, Inc.PYPL

$231M+17.9%

Pathward Financial, Inc.CASH

$2.31M-35.6%

Capital One FinancialCOF

$553M+58.9%

CorpayCPAY

$51.09M+14.1%

Other financials

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

See full

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

See full

Operating cash flow$3.0B+26.0%

Free cash flow$2.8B+28.1%

Valuation

See full

Market cap$432B-10.7%

Enterprise value$443.06B-10.5%

P/E27.8×-9.1×

P/S12.7×-3.9×

Profitability

See full

Operating margin57.9%+2.4pp

Net margin45.9%+0.7pp

FCF margin52.4%+0.8pp

Returns & leverage

See full

Return on equity232.6%+43.6pp

Debt / equity2.8×0.0×

Current ratio1×-0.1×

Where this comes from

Reported directly by Mastercard in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Mastercard’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

Ask your AI about Mastercard's capex.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Mastercard's capex?: Mastercard (MA) reported capex of $154M in Q1 2026.
How has Mastercard's capex changed year-over-year?: Mastercard's capex decreased by 3.1% year-over-year, from $159M to $154M.
What is the long-term trend for Mastercard's capex?: Over 4 years (2021 to 2025), Mastercard's capex has grown at a 4.7% compound annual growth rate (CAGR), from $407M to $489M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.