Mastercard Incorporated
MAMastercard Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $32.8 billion, up 16.4% from fiscal 2024.
- Revenue
- +14.0%
- EPS
- +21.6%
- Free cash flow
- −10.3%
- Total debt
- +26.1%
Quarter to September 2026, against a year earlier
Follow MA
Alert me
Mastercard Incorporated 10-Q filed Oct 29, 2026
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Jul 30, 2026: 5 added · 5 removed · 22 modified; 19 with only figures updated
-
Modified · PART I
Effective income tax rate | Adjusted effective income tax rate Three Months Ended
JuneSeptember 30, 2026 | Both the as-reported and as-adjusted income tax rates were lower versus the comparable period in 2025 due topartially offsettinghigher net discrete taximpacts in 2026, including discretebenefits and other taxbenefitsimpacts inthe periods2026. GAAP | Non-GAAP20.019.4% |20.020.1% down0.82.1 ppt | down0.81.4 pptSixNine Months EndedJuneSeptember 30, 2026 | Both the as-reported and as-adjusted income tax rates were lower versus the comparable period in 2025 due topartially offsettinghigher net discrete taximpacts in 2026, including discretebenefits and other taxbenefitsimpacts inthe periods2026. GAAP | Non-GAAP19.719.6% |19.719.8% down0.10.8 ppt | down0.40.7 ppt