Mastercard (MA) Cash & Equivalents (2009 - 2026)
Mastercard (MA) recorded Cash & Equivalents of $10.15 billion in Q3 2026, down 1.6% from $10.31 billion a year earlier and down 10.1% from the prior quarter.
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Analysis
Mastercard (MA) Cash & Equivalents (2009 - 2026) Analysis & Trends
At the end of FY2025, Mastercard reported Cash & Equivalents of $10.57 billion, up 25.2% from FY2024.
- Annual Cash & Equivalents has a five-year compound annual growth rate of 0.9% (FY2020 to FY2025).
- Across earlier years, Cash & Equivalents came in at $8.44 billion in FY2024 (-1.7%), $8.59 billion in FY2023 (+22.5%), $7.01 billion in FY2022 (-5.6%) and $7.42 billion in FY2021 (-26.6%).
- Quarterly Cash & Equivalents has ranged from $5.92 billion in Q2 2022 to $11.29 billion in Q2 2026 over the past five years.
- On a year-over-year basis, Cash & Equivalents rose in five of the last eight quarters, with growth averaging 9.7%.
- Peak year-over-year performance for Cash & Equivalents in the last five years was growth of 60.6% in Q3 2024, against a decline of 26.6% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $11.29 billion (Q2 2026), $7.91 billion (Q1 2026) and $10.57 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 762.59 Bn | 710.13 Bn | - | 12.94 Bn |
| 2 | Mastercard | 579.92 Bn | 540.01 Bn | - | 10.15 Bn |
| 3 | Wise | 11.40 Bn | 11.40 Bn | - | - |
| 4 | Remitly Global | 4.76 Bn | 2.22 Bn | 319.61 Mn | 669.08 Mn |
| 5 | Western Union | 2.15 Bn | -2.01 Bn | 343.00 Mn | 1.10 Bn |
| 6 | International Money Express | 213.78 Mn | -406.37 Mn | - | 150.64 Mn |
| 7 | Currenc | 114.03 Mn | -137.25 Mn | 3.70 Mn | 75.28 Mn |
| 8 | Sentage Holdings | 4.49 Mn | 408,859.07 | - | 477,624.00 |
| 9 | American Express | 216.56 Bn | 16.04 Bn | - | 43.20 Bn |
| 10 | Capital One Financial | 122.70 Bn | 122.70 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.15 Bn |
| Jun 30, 2026 | 11.29 Bn |
| Mar 31, 2026 | 7.91 Bn |
| Dec 31, 2025 | 10.57 Bn |
| Sep 30, 2025 | 10.31 Bn |
| Jun 30, 2025 | 9.03 Bn |
| Mar 31, 2025 | 7.58 Bn |
| Dec 31, 2024 | 8.44 Bn |
| Sep 30, 2024 | 11.06 Bn |
| Jun 30, 2024 | 7.00 Bn |
| Mar 31, 2024 | 7.29 Bn |
| Dec 31, 2023 | 8.59 Bn |
| Sep 30, 2023 | 6.89 Bn |
| Jun 30, 2023 | 6.17 Bn |
| Mar 31, 2023 | 6.57 Bn |
| Dec 31, 2022 | 7.01 Bn |
| Sep 30, 2022 | 7.63 Bn |
| Jun 30, 2022 | 5.92 Bn |
| Mar 31, 2022 | 6.88 Bn |
| Dec 31, 2021 | 7.42 Bn |
API Access
Mastercard Cash & Equivalents 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=cash-and-equivalents&ticker=MA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "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=cash-and-equivalents&ticker=MA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();