Change in Prepaids

Operating

Mastercard Change in Prepaids decreased by 10.1% to $701.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 11.9%, from $796.00M to $701.00M. Over 3 years (FY 2021 to FY 2024), Change in Prepaids shows an upward trend with a 15.6% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ3 2025

How to read this metric

An increase indicates higher cash outflows for future services, while a decrease suggests the consumption of previously paid assets.

Detailed definition

Represents the net change in cash outflows for goods or services paid for in advance of their consumption. This metric r...

Peer comparison

Standard across all industries; often fluctuates based on seasonal contract renewals or large upfront software/service licenses.

Metric ID: cf_change_in_prepaid_expenses

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$433.00M$747.00M$345.00M$441.00M$592.00M$439.00M$703.00M$761.00M$525.00M$551.00M$601.00M$1.49B$490.00M$796.00M$449.00M$1.46B$780.00M$701.00M
QoQ Change+72.5%-53.8%+27.8%+34.2%-25.8%+60.1%+8.3%-31.0%+5.0%+9.1%+147.9%-67.1%+62.4%-43.6%+224.7%-46.5%-10.1%
YoY Change+36.7%-41.2%+103.8%+72.6%-11.3%+25.5%-14.5%+95.8%-6.7%+44.5%-25.3%-2.1%+59.2%-11.9%
Range$345.00M$1.49B
CAGR+12.0%
Avg YoY Growth+23.2%
Median YoY Growth+11.7%
Current Streak2 quarters decline

Frequently Asked Questions

What is Mastercard's change in prepaids?
Mastercard (MA) reported change in prepaids of $701.00M in Q3 2025.
How has Mastercard's change in prepaids changed year-over-year?
Mastercard's change in prepaids decreased by 11.9% year-over-year, from $796.00M to $701.00M.
What is the long-term trend for Mastercard's change in prepaids?
Over 3 years (2021 to 2024), Mastercard's change in prepaids has grown at a 15.6% compound annual growth rate (CAGR), from $2.09B to $3.23B.
What does change in prepaids mean?
The net change in cash paid for expenses before they are actually incurred.

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