Mastercard (MA) Accumulated Expenses (2009 - 2026)
Mastercard posted quarterly Accumulated Expenses of $12.3 billion for Q1 2026, up 33.08% year-on-year from $9.3 billion in Q1 2025, and down 7.12% on a QoQ basis from $13.3 billion in Q4 2025.
Mastercard (MA) Accumulated Expenses (2009 - 2026) Analysis & Trends
Mastercard (MA) has 18 years of Accumulated Expenses data on file, last reported at $12.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Accumulated Expenses rose 33.08% year-over-year to $12.3 billion; the trailing twelve-month figure through Mar 2026 stood at $12.3 billion (up 33.08% YoY), and the FY2025 full-year result was $13.3 billion, up 27.7% from the prior year.
- Accumulated Expenses for Q1 2026 stood at $12.3 billion, down from $13.3 billion in the prior quarter.
- Across five years, Accumulated Expenses topped out at $13.3 billion in Q4 2025 and bottomed at $6.0 billion in Q1 2022.
- The 5-year median for Accumulated Expenses is $8.1 billion (2024), against an average of $8.8 billion.
- The widest annual swing landed in 2023, when Accumulated Expenses increased 9.18%; it then surged 33.08% in 2026.
- A 5-year view of Accumulated Expenses shows it stood at $7.8 billion in 2022, then grew by 9.18% to $8.5 billion in 2023, then gained by 22.03% to $10.4 billion in 2024, then grew by 27.7% to $13.3 billion in 2025, then fell by 7.12% to $12.3 billion in 2026.
- The last three Accumulated Expenses figures came in at $12.3 billion (Q1 2026), $13.3 billion (Q4 2025), and $12.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 539.53 Bn | 527.13 Bn | - |
| 2 | Mastercard | 441.81 Bn | 431.60 Bn | - |
| 3 | American Express | 215.01 Bn | 160.96 Bn | 17.43 Bn |
| 4 | Capital One Financial | 114.99 Bn | 38.50 Bn | - |
| 5 | PayPal Holdings | 41.29 Bn | 31.95 Bn | 7.84 Bn |
| 6 | Affirm Holdings | 24.62 Bn | 22.89 Bn | 261.64 Mn |
| 7 | Synchrony Financial | 24.22 Bn | 3.66 Bn | - |
| 8 | SoFi Technologies | 23.71 Bn | 20.31 Bn | 929.25 Mn |
| 9 | Ally Financial | 13.13 Bn | 12.69 Bn | 1.98 Bn |
| 10 | Credit Acceptance | 6.46 Bn | 6.44 Bn | 562.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.33 Bn |
| Dec 31, 2025 | 13.27 Bn |
| Sep 30, 2025 | 11.98 Bn |
| Jun 30, 2025 | 10.12 Bn |
| Mar 31, 2025 | 9.26 Bn |
| Dec 31, 2024 | 10.39 Bn |
| Sep 30, 2024 | 9.11 Bn |
| Jun 30, 2024 | 8.01 Bn |
| Mar 31, 2024 | 8.06 Bn |
| Dec 31, 2023 | 8.52 Bn |
| Sep 30, 2023 | 7.78 Bn |
| Jun 30, 2023 | 7.12 Bn |
| Mar 31, 2023 | 7.31 Bn |
| Dec 31, 2022 | 7.80 Bn |
| Sep 30, 2022 | 6.89 Bn |
| Jun 30, 2022 | 6.11 Bn |
| Mar 31, 2022 | 5.95 Bn |
| Dec 31, 2021 | 6.64 Bn |
| Sep 30, 2021 | 5.96 Bn |
| Jun 30, 2021 | 5.56 Bn |