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Mastercard MA Business Segments

FY'25FY'24FY'23FY'22
Net Revenue by Product
Payment network$19.48B+12.4%$17.34B+9.5%$15.82B+10.2%$14.36B+20.2%
Value-added services and solutions$13.32B+22.9%$10.83B+16.8%$9.27B+17.7%$7.88B+13.5%
Net Revenue by Geography
Asia Pacific, Europe, Middle East and Africa$18.75B+18.7%$15.79B+13.1%$13.96B+15.6%$12.08B-1.1%

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Questions, answered.

How does Mastercard break its business down?
Mastercard (MA) reports net revenue by product across 2 parts — Payment network and Value-added services and solutions. Each is extracted from the segment footnotes and tracked over time.
Where does Mastercard's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Mastercard's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.