Mastercard (MA) Capital Expenditures (2009 - 2026)
Mastercard (MA) posted Capital Expenditures of $222 million for Q3 2026, up 24.7% from $178 million a year earlier but down 23.7% from the prior quarter.
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Analysis
Mastercard (MA) Capital Expenditures (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Capital Expenditures at Mastercard was $779 million, up 65.0% 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%).
- Quarterly Capital Expenditures has run from a low of $40 million in Q2 2025 to a high of $291 million in Q2 2026 over five years.
- On a year-over-year basis, Capital Expenditures increased in six of the last eight quarters, with growth averaging 86.6%.
- 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 $291 million (Q2 2026), $154 million (Q1 2026) and $112 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 760.19 Bn | 707.74 Bn | - | 493.00 Mn |
| 2 | Mastercard | 567.35 Bn | 527.43 Bn | - | 222.00 Mn |
| 3 | Wise | 13.64 Bn | 13.64 Bn | - | -19.60 Mn |
| 4 | Remitly Global | 4.61 Bn | 2.08 Bn | 319.61 Mn | 1.37 Mn |
| 5 | Western Union | 2.18 Bn | -1.99 Bn | 343.00 Mn | 7.40 Mn |
| 6 | International Money Express | 220.48 Mn | -399.67 Mn | - | 5.49 Mn |
| 7 | Currenc | 142.50 Mn | -84.47 Mn | 3.70 Mn | - |
| 8 | Sentage Holdings | 4.43 Mn | 352,752.62 | - | - |
| 9 | American Express | 217.91 Bn | 17.39 Bn | - | 947.00 Mn |
| 10 | Capital One Financial | 122.68 Bn | 122.68 Bn | - | 392.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 222.00 Mn |
| 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 |
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();