Mastercard (MA) Capital Expenditures (2009 - 2026)

Mastercard (MA) posted Capital Expenditures of $181.0 million for Q1 2026, down 48.14% quarter-over-quarter from $349.0 million in Q4 2025, and down 8.59% year-on-year from $198.0 million in Q1 2025.

Mastercard (MA) Capital Expenditures (2009 - 2026) Analysis & Trends

Mastercard (MA) has reported Capital Expenditures for 18 consecutive years, with $181.0 million the latest figure, recorded in Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $181.0 million, down 8.59% year-over-year; the trailing twelve-month figure through Mar 2026 was $709.0 million (up 1.72% YoY), and the FY2025 annual result was $726.0 million, up 0.83% from the prior year.
  • Capital Expenditures was $181.0 million for Q1 2026 at Mastercard, down from $349.0 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $423.0 million in Q4 2023 and troughed at $10.0 million in Q3 2025.
  • Average Capital Expenditures over 5 years is $176.4 million, with a median of $166.0 million recorded in 2022.
  • The widest YoY moves for Capital Expenditures: up 231.37% in 2025, down 90.65% in 2025.
  • Over 5 years, Capital Expenditures stood at $209.0 million in 2022, then surged by 102.39% to $423.0 million in 2023, then retreated by 19.39% to $341.0 million in 2024, then rose by 2.35% to $349.0 million in 2025, then slumped by 48.14% to $181.0 million in 2026.
  • Per Business Quant data, the three most recent Capital Expenditures figures were $181.0 million in Q1 2026, $349.0 million in Q4 2025, and $10.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 383.00 Mn
2 Mastercard 465.55 Bn 455.34 Bn - 181.00 Mn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 1.15 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 231.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn -22.29 Bn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 67.55 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn -
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 400,000.00
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -
10 Sezzle 5.91 Bn 5.79 Bn - 351,000.00

Historic Data

Download Data
DateValue
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