Mastercard (MA) Exchange Rate Effect (2009 - 2026)
Mastercard's (MA) quarterly Exchange Rate Effect came in at -$10.0 million in Q2 2026, down 104.55% on a YoY basis from $220.0 million in Q2 2025, and up 91.38% quarter-over-quarter from -$116.0 million in Q1 2026.
Analysis
Mastercard (MA) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Mastercard (MA) has reported Exchange Rate Effect for 18 consecutive years, with -$10.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Exchange Rate Effect fell 104.55% year-over-year to -$10.0 million; the trailing twelve-month figure through Jun 2026 stood at -$134.0 million (down 164.11% YoY), and the FY2025 full-year result was $333.0 million, up 267.34% from the prior year.
- Exchange Rate Effect grew to -$10.0 million in Q2 2026 per MA's latest filing, from -$116.0 million in the prior quarter.
- Across five years, Exchange Rate Effect topped out at $284.0 million in Q4 2022 and bottomed at -$274.0 million in Q4 2024.
- Historically, Exchange Rate Effect has averaged $1.8 million across 5 years, with a median of -$1.0 million in 2025.
- The sharpest annual moves came in 2024 and 2025: Exchange Rate Effect slumped 356.76% in 2024, then surged 685.71% in 2025.
- Over 5 years, Exchange Rate Effect stood at $284.0 million in 2022, then sank by 44.72% to $157.0 million in 2023, then slumped by 274.52% to -$274.0 million in 2024, then surged by 102.92% to $8.0 million in 2025, then tumbled by 225.0% to -$10.0 million in 2026.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered -$10.0 million, -$116.0 million, and $8.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 655.38 Bn | 643.02 Bn | - | -110.00 Mn |
| 2 | Mastercard | 492.20 Bn | 478.71 Bn | - | -10.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.00 Mn |
| Mar 31, 2026 | -116.00 Mn |
| Dec 31, 2025 | 8.00 Mn |
| Sep 30, 2025 | -16.00 Mn |
| Jun 30, 2025 | 220.00 Mn |
| Mar 31, 2025 | 121.00 Mn |
| Dec 31, 2024 | -274.00 Mn |
| Sep 30, 2024 | 142.00 Mn |
| Jun 30, 2024 | 28.00 Mn |
| Mar 31, 2024 | -95.00 Mn |
| Dec 31, 2023 | 157.00 Mn |
| Sep 30, 2023 | -86.00 Mn |
| Jun 30, 2023 | 20.00 Mn |
| Mar 31, 2023 | 37.00 Mn |
| Dec 31, 2022 | 284.00 Mn |
| Sep 30, 2022 | -185.00 Mn |
| Jun 30, 2022 | -174.00 Mn |
| Mar 31, 2022 | -28.00 Mn |
| Dec 31, 2021 | -73.00 Mn |
| Sep 30, 2021 | -56.00 Mn |