Mastercard (MA) Exchange Rate Effect (2009 - 2026)
Mastercard (MA) reported Exchange Rate Effect of -$116.0 million for Q1 2026, down 195.87% on a YoY basis from $121.0 million in Q1 2025, and down 1550.0% quarter-over-quarter from $8.0 million in Q4 2025.
Mastercard (MA) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Mastercard has reported Exchange Rate Effect for 18 years, with the latest figure at -$116.0 million in Q1 2026.
- For the quarter ending Q1 2026, Exchange Rate Effect fell 195.87% year-over-year to -$116.0 million; the trailing twelve-month figure through Mar 2026 stood at $96.0 million (up 464.71% YoY), and the FY2025 full-year result was $333.0 million, up 267.34% from the prior year.
- Exchange Rate Effect for Q1 2026 stood at -$116.0 million, down from $8.0 million in the prior quarter.
- The five-year high for Exchange Rate Effect was $284.0 million in Q4 2022, with the low at -$274.0 million in Q4 2024.
- Historically, Exchange Rate Effect has averaged $2.5 million across 5 years, with a median of $8.0 million in 2025.
- Annual changes were most pronounced in 2024 — Exchange Rate Effect sank 356.76% — and 2025, when it jumped 685.71%.
- Mastercard's Exchange Rate Effect stood at $284.0 million in 2022, then tumbled by 44.72% to $157.0 million in 2023, then plunged by 274.52% to -$274.0 million in 2024, then soared by 102.92% to $8.0 million in 2025, then slumped by 1550.0% to -$116.0 million in 2026.
- The last three Exchange Rate Effect figures came in at -$116.0 million (Q1 2026), $8.0 million (Q4 2025), and -$16.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | -190.00 Mn |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | -116.00 Mn |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 57.00 Mn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | - |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | -50.00 Mn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | - |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | -3.58 Mn |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | -774,000.00 |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | -3.00 Mn |
| 10 | Credit Acceptance | 6.24 Bn | 6.21 Bn | 562.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -116.00 Mn |
| Mar 31, 2026 | -116.00 Mn |
| Dec 31, 2025 | 8.00 Mn |
| Dec 31, 2025 | 8.00 Mn |
| Sep 30, 2025 | -16.00 Mn |
| Sep 30, 2025 | -16.00 Mn |
| Jun 30, 2025 | 220.00 Mn |
| Jun 30, 2025 | 220.00 Mn |
| Mar 31, 2025 | 121.00 Mn |
| Mar 31, 2025 | 121.00 Mn |
| Dec 31, 2024 | -274.00 Mn |
| Dec 31, 2024 | -274.00 Mn |
| Sep 30, 2024 | 142.00 Mn |
| Sep 30, 2024 | 142.00 Mn |
| Jun 30, 2024 | 28.00 Mn |
| Jun 30, 2024 | 28.00 Mn |
| Mar 31, 2024 | -95.00 Mn |
| Mar 31, 2024 | -95.00 Mn |
| Dec 31, 2023 | 157.00 Mn |
| Dec 31, 2023 | 157.00 Mn |