Mastercard (MA) Capital Expenditures (2009 - 2026)
Mastercard (MA) reported Capital Expenditures of $181.0 million for Q1 2026, down 8.59% on a YoY basis from $198.0 million in Q1 2025, and down 48.14% quarter-over-quarter from $349.0 million in Q4 2025.
Mastercard (MA) Capital Expenditures (2009 - 2026) Analysis & Trends
Mastercard has reported Capital Expenditures for 18 years, with the latest figure at $181.0 million in Q1 2026.
- For the quarter ending Q1 2026, Capital Expenditures fell 8.59% year-over-year to $181.0 million; the trailing twelve-month figure through Mar 2026 stood at $709.0 million (up 1.72% YoY), and the FY2025 full-year result was $726.0 million, up 0.83% from the prior year.
- Capital Expenditures for Q1 2026 stood at $181.0 million, down from $349.0 million in the prior quarter.
- The five-year high for Capital Expenditures was $423.0 million in Q4 2023, with the low at $10.0 million in Q3 2025.
- Historically, Capital Expenditures has averaged $176.4 million across 5 years, with a median of $166.0 million in 2022.
- The largest YoY upside for Capital Expenditures was 231.37% in 2025 against a maximum downside of 90.65% in 2025.
- Mastercard's Capital Expenditures stood at $209.0 million in 2022, then surged by 102.39% to $423.0 million in 2023, then dropped by 19.39% to $341.0 million in 2024, then climbed by 2.35% to $349.0 million in 2025, then tumbled by 48.14% to $181.0 million in 2026.
- The last three Capital Expenditures figures came in at $181.0 million (Q1 2026), $349.0 million (Q4 2025), and $10.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 548.22 Bn | 535.81 Bn | - | 383.00 Mn |
| 2 | Mastercard | 437.48 Bn | 427.27 Bn | - | 181.00 Mn |
| 3 | American Express | 231.87 Bn | 177.83 Bn | 17.43 Bn | 1.15 Bn |
| 4 | Capital One Financial | 125.74 Bn | 49.24 Bn | - | 553.00 Mn |
| 5 | PayPal Holdings | 38.80 Bn | 29.46 Bn | 7.84 Bn | 231.00 Mn |
| 6 | Synchrony Financial | 25.78 Bn | 5.22 Bn | - | - |
| 7 | Affirm Holdings | 24.65 Bn | 22.93 Bn | 261.64 Mn | -22.29 Bn |
| 8 | SoFi Technologies | 22.89 Bn | 19.49 Bn | 929.25 Mn | 67.55 Mn |
| 9 | Ally Financial | 14.15 Bn | 13.70 Bn | 1.98 Bn | - |
| 10 | Credit Acceptance | 6.63 Bn | 6.61 Bn | 562.70 Mn | 400,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 181.00 Mn |
| Mar 31, 2026 | 181.00 Mn |
| Dec 31, 2025 | 349.00 Mn |
| Dec 31, 2025 | 349.00 Mn |
| Sep 30, 2025 | 10.00 Mn |
| Sep 30, 2025 | 10.00 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 | 341.00 Mn |
| Dec 31, 2024 | 341.00 Mn |
| Sep 30, 2024 | 107.00 Mn |
| Sep 30, 2024 | 107.00 Mn |
| Jun 30, 2024 | 51.00 Mn |
| Jun 30, 2024 | 51.00 Mn |
| Mar 31, 2024 | 221.00 Mn |
| Mar 31, 2024 | 221.00 Mn |
| Dec 31, 2023 | 423.00 Mn |
| Dec 31, 2023 | 423.00 Mn |