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Mastercard MA Business Segments — Net Income

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USBPayment Services — Net interest income (taxable-equivalent basis)
$794M+7.0%

Other financials

Income statement

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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

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Market cap$462.29B-9.9%
Enterprise value$473.35B-9.5%
P/E29.7×-8.1×
P/S13.6×-3.3×

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×

Where this comes from

Reported directly by Mastercard in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

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

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Questions, answered.

What is Mastercard's business segments — net income?
Mastercard (MA) reported business segments — net income of $3.88B in Q1 2026.
How has Mastercard's business segments — net income changed year-over-year?
Mastercard's business segments — net income increased by 18.4% year-over-year, from $3.28B to $3.88B.
What is the long-term trend for Mastercard's business segments — net income?
Over 3 years (2022 to 2025), Mastercard's business segments — net income has grown at a 14.7% compound annual growth rate (CAGR), from $9.93B to $14.97B.
What does business segments — net income mean?
This metric represents the total profitability of the Payment Solutions segment after all operating expenses, interest, taxes, and other non-operating items have been deducted. It serves as the primary indicator of the segment's financial health and its contribution to the overall company's bottom line. It allows for direct performance evaluation of the segment's business model.