Mastercard (MA) Intangibles (2009 - 2026)
Mastercard (MA) reported Intangibles of $5.47 billion for Q2 2026, down 2.9% from $5.63 billion a year earlier and down 0.5% from the prior quarter.
Analysis
Mastercard (MA) Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Mastercard posted Intangibles of $5.55 billion, up 1.9% from FY2024.
- Intangibles has increased for seven consecutive years, with a five-year compound annual growth rate of 25.9% (FY2020 to FY2025).
- By year, Intangibles came in at $5.45 billion in FY2024 (+33.5%), $4.09 billion in FY2023 (+5.9%), $3.86 billion in FY2022 (+5.1%) and $3.67 billion in FY2021 (+109.4%).
- The Q2 2026 figure ranks as the lowest quarterly Intangibles since Q4 2024.
- Year over year, Intangibles gained in six of the last eight quarters, with growth averaging 17.4%.
- The high point for year-over-year Intangibles in five years was Q3 2021 (growth of 136.3%); the low point was Q2 2026 (a decline of 2.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $5.5 billion (Q1 2026), $5.55 billion (Q4 2025) and $5.59 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 687.36 Bn | 630.68 Bn | - | 27.53 Bn |
| 2 | Mastercard | 513.04 Bn | 472.96 Bn | - | 5.47 Bn |
| 3 | Wise | 14.65 Bn | 14.65 Bn | - | - |
| 4 | Remitly Global | 5.11 Bn | 2.76 Bn | 307.34 Mn | 1.06 Mn |
| 5 | Western Union | 1.91 Bn | -2.11 Bn | 336.50 Mn | 386.90 Mn |
| 6 | International Money Express | 382.67 Mn | -237.48 Mn | - | 23.35 Mn |
| 7 | Currenc | 167.21 Mn | -59.72 Mn | 3.70 Mn | 1.85 Mn |
| 8 | Sentage Holdings | 4.88 Mn | 4.88 Mn | - | 40,384.00 |
| 9 | American Express | 208.01 Bn | -160.24 Mn | - | - |
| 10 | Capital One Financial | 122.27 Bn | 122.27 Bn | - | 16.08 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.47 Bn |
| Mar 31, 2026 | 5.50 Bn |
| Dec 31, 2025 | 5.55 Bn |
| Sep 30, 2025 | 5.59 Bn |
| Jun 30, 2025 | 5.63 Bn |
| Mar 31, 2025 | 5.53 Bn |
| Dec 31, 2024 | 5.45 Bn |
| Sep 30, 2024 | 4.24 Bn |
| Jun 30, 2024 | 4.15 Bn |
| Mar 31, 2024 | 4.12 Bn |
| Dec 31, 2023 | 4.09 Bn |
| Sep 30, 2023 | 4.02 Bn |
| Jun 30, 2023 | 4.05 Bn |
| Mar 31, 2023 | 4.03 Bn |
| Dec 31, 2022 | 3.86 Bn |
| Sep 30, 2022 | 3.58 Bn |
| Jun 30, 2022 | 3.68 Bn |
| Mar 31, 2022 | 3.68 Bn |
| Dec 31, 2021 | 3.67 Bn |
| Sep 30, 2021 | 3.56 Bn |
API Access
Mastercard 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=intangibles&ticker=MA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=intangibles&ticker=MA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();