NYSE · Financial Services · Financials
Mastercard Inc. (MA) Financial Statements: Income, Balance Sheet & Cash Flow
Revenue, profitability, balance-sheet strength, and cash generation for MA. SEC filings, statements through Jun 30, 2026.
Section freshness
Prices as of Sep 17, 4:00 PM EDT · Fundamentals checked Sep 18, 8:07 AM EDT · Statements Jun 30, 2026
Financial read
MA latest financial snapshot.
Start with the latest reported values below. Deeper quarterly and annual statement tables follow when supplied.
Free cash flow
$3.48B
+22.4% QoQ
Balance sheet coverage
MA balance sheet summary
Assets, liabilities, liquidity, debt, and equity sit beside income and cash-flow tables so the statement history reads as one model-ready dataset.
20 quarterly · 4 annual rows · Market data source · as of 2026-06-30
Latest period
Q2 FY2026
20 quarterly · 4 annual rows
Assets / liabilities
$57.69B
Liabilities $52.09B
Cash / debt
$11.29B
Net cash -$13.35B
Equity / working capital
$5.61B
Working capital $1.52B
Financial statements
MA statement coverage.
Income statement, balance sheet, and cash-flow figures for MA, with quarterly and annual history in the tables below.
Data last updated
Jun 29, 2026
Income periods
24
Balance-sheet periods
24
Cash-flow periods
24
Quarterly and annual MA statements, sourced from SEC filings, statements through Jun 30, 2026.
Financial statement period
MA statement history
SEC filings, statements through Jun 30, 2026 · Data last updated: Jun 29, 2026
Income statement
Quarterly and annual rows for revenue, operating leverage, earnings quality, and margin direction.
| Period | Revenue | Operating income | Revenue QoQ |
|---|---|---|---|
| Q2 FY2026 | $5.59B | ||
| Q1 FY2026 | $4.91B | ||
| Q4 FY2025 | $4.91B | ||
| Q3 FY2025 | $5.06B | ||
| Q2 FY2025 | $4.78B | ||
| Q1 FY2025 | $4.15B | ||
| Q4 FY2024 | $3.94B | ||
| Q3 FY2024 | $4.00B |
Balance sheet
Balance-sheet history for assets, liabilities, liquidity, debt, equity, and shares outstanding.
| Period | Cash | Current assets | Current liabilities | Total assets | Total liabilities | Total debt | Total equity | Debt QoQ |
|---|---|---|---|---|---|---|---|---|
| Q2 FY2026 | $11.29B | $26.52B | $25.00B | $57.69B | $52.09B | $24.64B | $5.61B | +30.0% |
| Q1 FY2026 | $7.91B | $22.50B | $22.93B | $52.45B | $45.73B | $18.96B | $6.72B | -0.2% |
| Q4 FY2025 | $10.57B | $23.56B | $22.76B | $54.16B | $46.41B | $19.00B | $7.74B | +0.1% |
| Q3 FY2025 | $10.31B | $23.22B | $20.69B | $53.29B | $45.37B | $18.98B | $7.90B | +0.1% |
| Q2 FY2025 | $9.03B | $22.14B | $19.03B | $51.43B | $43.56B | $18.97B | $7.85B | +0.9% |
| Q1 FY2025 | $7.58B | $19.80B | $17.83B | $48.47B | $41.77B | $18.80B | $6.67B | +3.2% |
| Q4 FY2024 | $8.44B | $19.72B | $19.22B | $48.08B | $41.57B | $18.23B | $6.49B | -0.7% |
| Q3 FY2024 | $11.06B | $22.30B | $17.29B | $47.24B | $39.74B | $18.36B | $7.44B | +17.6% |
Cash flow
Operating cash generation, capital expenditure, free cash flow, buybacks, dividends, and cash movement.
| Period | Operating cash flow | CapEx | Free cash flow | Dividends paid | Buybacks | FCF QoQ |
|---|---|---|---|---|---|---|
| Q2 FY2026 | $3.77B | $291.00M | $3.48B | $771.00M | $4.90B | +22.4% |
| Q1 FY2026 | $3.00B | $154.00M | $2.85B | $777.00M | $4.04B | -41.8% |
| Q4 FY2025 | $5.00B | $112.00M | $4.89B | $684.00M | $3.56B | -10.8% |
| Q3 FY2025 | $5.66B | $178.00M | $5.49B | $687.00M | $3.33B | +20.2% |
| Q2 FY2025 | $4.60B | $40.00M | $4.56B | $691.00M | $2.29B | +105.4% |
| Q1 FY2025 | $2.38B | $159.00M | $2.22B | $694.00M | $2.55B | -53.1% |
| Q4 FY2024 | $4.83B | $95.00M | $4.74B | $606.00M | $3.39B | -5.8% |
| Q3 FY2024 | $5.14B | $107.00M | $5.03B | $611.00M | $2.93B | +66.4% |
Valuation and returns
- Enterprise value
- $508.94B
- TECHi computed
- Return on equity
- 57.39%
- Market data source · as of 2026-09-18
- Return on assets
- 5.58%
- Market data source · as of 2026-09-18
- Debt / equity
- 4.39
- Current ratio 1.06
Ratio values use provider-attributed fields when available and otherwise fall back to TECHi statement math from the visible rows on this page.
Annual revenue and income multiples
Annual sales and income multiple reads use the latest annual statement when available, then fall back to trailing-twelve-month statement math from the visible quarterly rows.
Annual sales and income multiple
TTM valuation multiples
- TTM EBIT
- $20.46B
- TTM operating income
Live market value is matched against trailing-twelve-month statement bases first so the multiple moves with the tape instead of anchoring to stale fiscal-year rows.
Profit multiples
Revenue, net income, and free cash flow
Quarterly statement rows, shown on one common dollar scale so margin compression and cash conversion stand out quickly.
Efficiency
- FCF / employee
- $419,648.241
- TTM free cash flow divided by employees
- Market cap / employee
- $12.45M
- Live value per employee
Growth vs cost pressure
Cash conversion
TTM free cash flow / TTM operating income
Latest quarter expense mix
Profit bridge
Other income statement lines
Balance sheet · Q2 FY2026
- Cash & equivalents
- $11.29B
- Total debt
- $24.64B
- Net cash
- -$13.35B
- Net debt position
- Total equity
- $5.61B
Balance sheet detail
- Current assets
- $26.52B
- Current liabilities
- $25.00B
- Receivables
- $5.05B
- Property, plant & equipment
- $2.54B
- Current debt
- $2.46B
- Long-term debt
- $22.18B
Debt and liquidity
Cash + short-term investments + receivables / current liabilities
Cash generation
- Operating cash flow
- $3.77B
- Capital expenditure
- $291.00M
- Free cash flow
- $3.48B
- Capital returned
- $5.67B
- Buybacks + dividends paid
Cash-flow detail
- Investing cash flow
- -$517.00M
- Financing cash flow
- -$35.00M
- Stock issuance
- $62.00M
- Common stock issued
- Buybacks
- $4.90B
- Net buybacks
- $4.84B
- Repurchases less stock issuance
- Dividends paid
- $771.00M
Cash flow read
MA runs cash-flow positive.
MA is generating $3.48B of free cash, which funds buybacks ($4.90B) and dividends ($771.00M) without leaning on the balance sheet. Watch the gap between FCF and net income — a widening gap is usually working-capital noise; a persistent gap is a signal.
Frequently asked
Common questions.
What financial data is available for MA?
TECHi shows Mastercard Inc.'s income statement, balance sheet, and cash-flow statement by reported period, with each figure attributed to its source. Line items the company does not report are left blank rather than estimated.
How current are MA's financial statements?
Each MA statement is labelled with its reported period and source, so you can see exactly which quarter or fiscal year a figure covers and when the data was last updated.
What is Mastercard Inc.'s reported net margin?
Mastercard Inc. reports a net margin of 9.40% in its latest available fundamentals; the statements below show the revenue and cost lines behind it.