Mastercard (MA) Capital Expenditures (2009 - 2026)
Mastercard's (MA) quarterly Capital Expenditures came in at $264.0 million in Q2 2026, up 56.21% YoY from $169.0 million in Q2 2025, and up 45.86% on a QoQ basis from $181.0 million in Q1 2026.
Analysis
Mastercard (MA) Capital Expenditures (2009 - 2026) Analysis & Trends
Mastercard (MA) has 18 years of Capital Expenditures data on file, last reported at $264.0 million in Q2 2026.
- Quarterly Capital Expenditures rose 56.21% year-over-year to $264.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $804.0 million (up 17.37% YoY) and the FY2025 annual result came in at $726.0 million, up 0.83% from the prior year.
- Capital Expenditures advanced to $264.0 million in Q2 2026, from $181.0 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $264.0 million in Q2 2026 to a low of $130.0 million in Q3 2023.
- A 5-year average of $181.3 million and a median of $179.5 million in 2024 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2022 — Capital Expenditures jumped 97.17% — and 2023, when it slipped 21.69%.
- Tracing MA's Capital Expenditures over 5 years: stood at $209.0 million in 2022, then decreased by 8.13% to $192.0 million in 2023, then declined by 19.27% to $155.0 million in 2024, then grew by 14.84% to $178.0 million in 2025, then surged by 48.31% to $264.0 million in 2026.
- The last three Capital Expenditures figures came in at $264.0 million (Q2 2026), $181.0 million (Q1 2026), and $178.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 417.00 Mn |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 264.00 Mn |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 898.00 Mn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 367.00 Mn |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 208.00 Mn |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | 13.26 Bn |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | - |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 96.57 Mn |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | - |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn | 93.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 264.00 Mn |
| Jun 30, 2026 | 264.00 Mn |
| Mar 31, 2026 | 181.00 Mn |
| Mar 31, 2026 | 181.00 Mn |
| Dec 31, 2025 | 178.00 Mn |
| Dec 31, 2025 | 178.00 Mn |
| Sep 30, 2025 | 181.00 Mn |
| Sep 30, 2025 | 181.00 Mn |
| Jun 30, 2025 | 169.00 Mn |
| Jun 30, 2025 | 169.00 Mn |
| Mar 31, 2025 | 198.00 Mn |
| Mar 31, 2025 | 198.00 Mn |
| Dec 31, 2024 | 155.00 Mn |
| Dec 31, 2024 | 155.00 Mn |
| Sep 30, 2024 | 163.00 Mn |
| Sep 30, 2024 | 163.00 Mn |
| Jun 30, 2024 | 181.00 Mn |
| Jun 30, 2024 | 181.00 Mn |
| Mar 31, 2024 | 221.00 Mn |
| Mar 31, 2024 | 221.00 Mn |