Mastercard (MA) Capital Expenditures (2009 - 2026)
Mastercard (MA) posted Capital Expenditures of $291 million for Q2 2026, up 627.5% from $40 million a year earlier and up 89.0% from the prior quarter.
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Analysis
Mastercard (MA) Capital Expenditures (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Mastercard was $735 million, up 83.3% year-over-year; for FY2025, it came in at $489 million, up 3.2% from FY2024.
- Annual Capital Expenditures shows a five-year compound annual growth rate of 7.6% (FY2020 to FY2025).
- In prior years, Mastercard's Capital Expenditures was $474 million in FY2024 (+27.8%), $371 million in FY2023 (-16.1%), $442 million in FY2022 (+8.6%) and $407 million in FY2021 (+20.1%).
- The Q2 2026 figure stands as the highest quarterly Capital Expenditures in data going back to Q1 2009.
- On a year-over-year basis, Capital Expenditures increased in six of the last eight quarters, with growth averaging 83.9%.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q2 2026, with growth of 627.5%; the weakest was Q2 2025, with a decline of 65.2%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $154 million (Q1 2026), $112 million (Q4 2025) and $178 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 687.36 Bn | 630.68 Bn | - | 417.00 Mn |
| 2 | Mastercard | 513.04 Bn | 472.96 Bn | - | 291.00 Mn |
| 3 | Wise | 14.65 Bn | 14.65 Bn | - | -19.60 Mn |
| 4 | Remitly Global | 5.11 Bn | 2.76 Bn | 307.34 Mn | 1.18 Mn |
| 5 | Western Union | 1.91 Bn | -2.11 Bn | 336.50 Mn | 10.30 Mn |
| 6 | International Money Express | 382.67 Mn | -237.48 Mn | - | 5.49 Mn |
| 7 | Currenc | 167.21 Mn | -59.72 Mn | 3.70 Mn | - |
| 8 | Sentage Holdings | 4.88 Mn | 4.88 Mn | - | - |
| 9 | American Express | 208.01 Bn | -160.24 Mn | - | 898.00 Mn |
| 10 | Capital One Financial | 122.27 Bn | 122.27 Bn | - | 367.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 291.00 Mn |
| Mar 31, 2026 | 154.00 Mn |
| Dec 31, 2025 | 112.00 Mn |
| Sep 30, 2025 | 178.00 Mn |
| Jun 30, 2025 | 40.00 Mn |
| Mar 31, 2025 | 159.00 Mn |
| Dec 31, 2024 | 95.00 Mn |
| Sep 30, 2024 | 107.00 Mn |
| Jun 30, 2024 | 115.00 Mn |
| Mar 31, 2024 | 157.00 Mn |
| Dec 31, 2023 | 77.00 Mn |
| Sep 30, 2023 | 104.00 Mn |
| Jun 30, 2023 | 80.00 Mn |
| Mar 31, 2023 | 110.00 Mn |
| Dec 31, 2022 | 130.00 Mn |
| Sep 30, 2022 | 111.00 Mn |
| Jun 30, 2022 | 55.00 Mn |
| Mar 31, 2022 | 146.00 Mn |
| Dec 31, 2021 | 122.00 Mn |
| Sep 30, 2021 | 139.00 Mn |
API Access
Mastercard Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "MA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();