Mastercard (MA) Change in Intangibles (2009 - 2026)
Mastercard's Change in Intangibles came in at $187 million for Q2 2026, up 10.7% from $169 million a year earlier and up 3.3% from the prior quarter.
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Analysis
Mastercard (MA) Change in Intangibles (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mastercard reported Change in Intangibles of $727 million, up 6.1% year-over-year; for FY2025, it was $726 million, up 0.8% from FY2024.
- Change in Intangibles has increased in each of the last eight years, with a five-year compound annual growth rate of 14.5% (FY2020 to FY2025).
- Going back by year, Change in Intangibles was $720 million in FY2024 (+0.4%), $717 million in FY2023 (+9.5%), $655 million in FY2022 (+60.9%) and $407 million in FY2021 (+10.3%).
- The Q2 2026 figure represents the highest quarterly Change in Intangibles since Q1 2025.
- Year-over-year, Change in Intangibles increased in four of the last eight quarters, with growth averaging 2.1%.
- The fastest year-over-year change in Change in Intangibles over five years came in Q4 2022 (growth of 97.2%), and the weakest in Q3 2023 (a decline of 21.7%).
- Business Quant data shows MA's Change in Intangibles at $181 million (Q1 2026), $178 million (Q4 2025) and $181 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 643.09 Bn | 586.41 Bn | - | - |
| 2 | Mastercard | 480.84 Bn | 440.75 Bn | - | 187.00 Mn |
| 3 | Wise | 14.12 Bn | -73.65 Bn | - | -1.80 Mn |
| 4 | Remitly Global | 4.61 Bn | 2.26 Bn | 307.34 Mn | 3.33 Mn |
| 5 | Western Union | 1.87 Bn | -2.14 Bn | 336.50 Mn | 19.00 Mn |
| 6 | International Money Express | 347.63 Mn | -272.51 Mn | - | - |
| 7 | Currenc | 190.57 Mn | -36.36 Mn | 3.70 Mn | - |
| 8 | Sentage Holdings | 4.77 Mn | 4.77 Mn | - | - |
| 9 | American Express | 204.37 Bn | -3.81 Bn | - | - |
| 10 | Capital One Financial | 119.47 Bn | 119.47 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 187.00 Mn |
| Mar 31, 2026 | 181.00 Mn |
| Dec 31, 2025 | 178.00 Mn |
| Sep 30, 2025 | 181.00 Mn |
| Jun 30, 2025 | 169.00 Mn |
| Mar 31, 2025 | 198.00 Mn |
| Dec 31, 2024 | 155.00 Mn |
| Sep 30, 2024 | 163.00 Mn |
| Jun 30, 2024 | 181.00 Mn |
| Mar 31, 2024 | 221.00 Mn |
| Dec 31, 2023 | 192.00 Mn |
| Sep 30, 2023 | 130.00 Mn |
| Jun 30, 2023 | 153.00 Mn |
| Mar 31, 2023 | 242.00 Mn |
| Dec 31, 2022 | 209.00 Mn |
| Sep 30, 2022 | 166.00 Mn |
| Jun 30, 2022 | 132.00 Mn |
| Mar 31, 2022 | 148.00 Mn |
| Dec 31, 2021 | 106.00 Mn |
| Sep 30, 2021 | 110.00 Mn |
API Access
Mastercard Change in Intangibles 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=change-in-intangibles&ticker=MA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "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=change-in-intangibles&ticker=MA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();