Mastercard (MA) Change in Intangibles (2009 - 2026)
Mastercard's Change in Intangibles came in at $106 million for Q3 2026, down 41.4% from $181 million a year earlier and down 43.3% from the prior quarter.
Mastercard (MA) Change in Intangibles (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Mastercard reported Change in Intangibles of $652 million, down 7.3% 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 five-year range for quarterly Change in Intangibles is $106 million (Q4 2021) to $242 million (Q1 2023).
- Year-over-year, Change in Intangibles increased in three of the last eight quarters, with an average decline of 6.2%.
- 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 2026 (a decline of 41.4%).
- Business Quant data shows MA's Change in Intangibles at $187 million (Q2 2026), $181 million (Q1 2026) and $178 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 761.85 Bn | 709.39 Bn | - | - |
| 2 | Mastercard | 576.33 Bn | 536.42 Bn | - | 106.00 Mn |
| 3 | Wise | 11.36 Bn | 11.36 Bn | - | -1.80 Mn |
| 4 | Remitly Global | 4.75 Bn | 2.21 Bn | 319.61 Mn | 3.86 Mn |
| 5 | Western Union | 2.15 Bn | -2.01 Bn | 343.00 Mn | 24.60 Mn |
| 6 | International Money Express | 221.76 Mn | -398.39 Mn | - | - |
| 7 | Currenc | 116.19 Mn | -135.10 Mn | 3.70 Mn | - |
| 8 | Sentage Holdings | 4.40 Mn | 324,699.40 | - | - |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | - |
| 10 | Capital One Financial | 123.02 Bn | 123.02 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 106.00 Mn |
| 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 |
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_KEY
import 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();