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Mastercard MA Payment network — Net Revenue

Other product segments

Value-added services and solutions
$3.83B+20.0%

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Other financials

Income statement

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Revenue$9.3B+14.1%
Operating income$5.6B+17.0%
Net income$4.4B+18.6%
EPS (diluted)$4.97+22.1%

Balance sheet

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Cash & equivalents$11.3B+25.0%
Total debt$24.6B+29.9%
Total equity$5.6B-28.5%
Total assets$57.7B+12.2%

Cash flow

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Operating cash flow$3.8B-18.0%
CapEx$291.0M+628%
Free cash flow$3.5B-23.7%

Valuation

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Market cap$499.75B-2.9%
Enterprise value$513.1B-2.2%
P/E30.7×-7.1×
P/S14.2×-2.8×

Profitability

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Operating margin58.3%+2.6pp
Net margin46.3%+1.4pp
FCF margin47.6%-7.1pp

Returns & leverage

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Return on equity241.5%+63.6pp
Debt / equity4.4×+2.0×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Mastercard in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Mastercard’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 10:28 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001141391-26-000083
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net revenue by category:
Payment network$5,451$4,945$10,399$9,377
Value-added services and solutions3,8263,1887,2766,006
Net revenue$9,277$8,133$17,675$15,383
Net revenue by geographic region:
Americas 1$3,999$3,406$7,563$6,557
Asia Pacific, Europe, Middle East and Africa5,2784,72710,1128,826
Net revenue$9,277$8,133$17,675$15,383

ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Mastercard's payment network — net revenue?
Mastercard (MA) reported payment network — net revenue of $5.45B in Q2 2026.
How has Mastercard's payment network — net revenue changed year-over-year?
Mastercard's payment network — net revenue increased by 10.2% year-over-year, from $4.95B to $5.45B.
What is the long-term trend for Mastercard's payment network — net revenue?
Over 4 years (2021 to 2025), Mastercard's payment network — net revenue has grown at a 13.0% compound annual growth rate (CAGR), from $11.94B to $19.48B.
What does payment network — net revenue mean?
This metric represents the total revenue generated by the core payment processing infrastructure, excluding intersegment eliminations. It encompasses fees derived from transaction processing, cross-border services, and assessments charged to financial institutions for the use of the global payment network. This revenue stream is the primary indicator of the company's scale and market penetration in facilitating electronic payments between merchants and cardholders.

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