Mastercard MA
NYSE MA
$565.29 -0.47 (-0.08%)
At close: Sep 18, 2026 · 4:00 PM EDT

Mastercard (MA) Free Cash Flow (2009 - 2026)

Mastercard's (MA) quarterly Free Cash Flow came in at $3.5 billion in Q2 2026, down 20.86% on a YoY basis from $4.4 billion in Q2 2025, and up 24.52% quarter-over-quarter from $2.8 billion in Q1 2026.

Analysis

Mastercard (MA) Free Cash Flow (2009 - 2026) Analysis & Trends

Mastercard (MA) has reported Free Cash Flow for 18 consecutive years, with $3.5 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Free Cash Flow fell 20.86% year-over-year to $3.5 billion; the trailing twelve-month figure through Jun 2026 stood at $16.6 billion (up 2.24% YoY), and the FY2025 full-year result was $16.9 billion, up 20.36% from the prior year.
  • Free Cash Flow rose to $3.5 billion in Q2 2026 per MA's latest filing, from $2.8 billion in the prior quarter.
  • Across five years, Free Cash Flow topped out at $5.5 billion in Q3 2025 and bottomed at $1.5 billion in Q1 2024.
  • Historically, Free Cash Flow has averaged $3.3 billion across 5 years, with a median of $3.0 billion in 2023.
  • The sharpest annual moves came in 2024 and 2026: Free Cash Flow soared 60.26% in 2024, then dropped 20.86% in 2026.
  • Over 5 years, Free Cash Flow stood at $2.9 billion in 2022, then jumped by 36.22% to $3.9 billion in 2023, then rose by 18.82% to $4.7 billion in 2024, then increased by 3.1% to $4.8 billion in 2025, then declined by 27.26% to $3.5 billion in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $3.5 billion, $2.8 billion, and $4.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Visa 655.38 Bn 643.02 Bn - 6.14 Bn
2 Mastercard 492.20 Bn 478.71 Bn - 3.51 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.51 Bn
Mar 31, 2026 2.82 Bn
Dec 31, 2025 4.82 Bn
Sep 30, 2025 5.48 Bn
Jun 30, 2025 4.43 Bn
Mar 31, 2025 2.18 Bn
Dec 31, 2024 4.68 Bn
Sep 30, 2024 4.97 Bn
Jun 30, 2024 2.96 Bn
Mar 31, 2024 1.45 Bn
Dec 31, 2023 3.94 Bn
Sep 30, 2023 3.10 Bn
Jun 30, 2023 2.55 Bn
Mar 31, 2023 1.68 Bn
Dec 31, 2022 2.89 Bn
Sep 30, 2022 3.69 Bn
Jun 30, 2022 2.33 Bn
Mar 31, 2022 1.63 Bn
Dec 31, 2021 3.08 Bn
Sep 30, 2021 2.43 Bn