Mastercard (MA) Cash from Operations (2009 - 2026)
Mastercard's (MA) quarterly Cash from Operations came in at $3.8 billion in Q2 2026, down 18.03% on a YoY basis from $4.6 billion in Q2 2025, and up 25.81% quarter-over-quarter from $3.0 billion in Q1 2026.
Analysis
Mastercard (MA) Cash from Operations (2009 - 2026) Analysis & Trends
Mastercard (MA) has reported Cash from Operations for 18 consecutive years, with $3.8 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cash from Operations fell 18.03% year-over-year to $3.8 billion; the trailing twelve-month figure through Jun 2026 stood at $17.4 billion (up 2.85% YoY), and the FY2025 full-year result was $17.6 billion, up 19.4% from the prior year.
- Cash from Operations improved to $3.8 billion in Q2 2026 per MA's latest filing, from $3.0 billion in the prior quarter.
- Across five years, Cash from Operations topped out at $5.7 billion in Q3 2025 and bottomed at $1.7 billion in Q1 2024.
- Historically, Cash from Operations has averaged $3.5 billion across 5 years, with a median of $3.2 billion in 2023.
- The sharpest annual moves came in 2024 and 2026: Cash from Operations soared 58.86% in 2024, then slipped 18.03% in 2026.
- Over 5 years, Cash from Operations stood at $3.1 billion in 2022, then soared by 33.23% to $4.1 billion in 2023, then climbed by 17.05% to $4.8 billion in 2024, then climbed by 3.48% to $5.0 billion in 2025, then decreased by 24.57% to $3.8 billion in 2026.
- According to Business Quant data, Cash from Operations over the past three periods registered $3.8 billion, $3.0 billion, and $5.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 655.38 Bn | 643.02 Bn | - | 6.55 Bn |
| 2 | Mastercard | 492.20 Bn | 478.71 Bn | - | 3.77 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.77 Bn |
| Mar 31, 2026 | 3.00 Bn |
| Dec 31, 2025 | 5.00 Bn |
| Sep 30, 2025 | 5.66 Bn |
| Jun 30, 2025 | 4.60 Bn |
| Mar 31, 2025 | 2.38 Bn |
| Dec 31, 2024 | 4.83 Bn |
| Sep 30, 2024 | 5.14 Bn |
| Jun 30, 2024 | 3.14 Bn |
| Mar 31, 2024 | 1.67 Bn |
| Dec 31, 2023 | 4.13 Bn |
| Sep 30, 2023 | 3.23 Bn |
| Jun 30, 2023 | 2.70 Bn |
| Mar 31, 2023 | 1.92 Bn |
| Dec 31, 2022 | 3.10 Bn |
| Sep 30, 2022 | 3.86 Bn |
| Jun 30, 2022 | 2.46 Bn |
| Mar 31, 2022 | 1.78 Bn |
| Dec 31, 2021 | 3.19 Bn |
| Sep 30, 2021 | 2.54 Bn |