Mastercard (MA) Interest Expenses (2009 - 2026)
Mastercard (MA) recorded Interest Expenses of $218 million in Q2 2026, up 11.8% from $195 million a year earlier and up 17.8% from the prior quarter.
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Analysis
Mastercard (MA) Interest Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Mastercard's Interest Expenses came in at $748 million as of Jun 30, 2026, up 3.9% year-over-year; for FY2025, it was $722 million, up 11.8% from FY2024.
- Annual Interest Expenses has increased for 12 straight years, with a five-year compound annual growth rate of 13.7% (FY2020 to FY2025).
- Across earlier years, Interest Expenses came in at $646 million in FY2024 (+12.3%), $575 million in FY2023 (+22.1%), $471 million in FY2022 (+9.3%) and $431 million in FY2021 (+13.4%).
- The Q2 2026 figure is the highest quarterly Interest Expenses in data going back to Q1 2009.
- On a year-over-year basis, Interest Expenses rose in seven of the last eight quarters, with growth averaging 11.9%.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 27.5% in Q2 2025, against a decline of 13.6% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $185 million (Q1 2026), $159 million (Q4 2025) and $186 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 687.36 Bn | 630.68 Bn | - | 194.00 Mn |
| 2 | Mastercard | 513.04 Bn | 472.96 Bn | - | 218.00 Mn |
| 3 | Wise | 14.65 Bn | 14.65 Bn | - | - |
| 4 | Remitly Global | 5.11 Bn | 2.76 Bn | 307.34 Mn | 3.15 Mn |
| 5 | Western Union | 1.91 Bn | -2.11 Bn | 336.50 Mn | 39.50 Mn |
| 6 | International Money Express | 382.67 Mn | -237.48 Mn | - | 2.32 Mn |
| 7 | Currenc | 167.21 Mn | -59.72 Mn | 3.70 Mn | -3.36 Mn |
| 8 | Sentage Holdings | 4.88 Mn | 4.88 Mn | - | - |
| 9 | American Express | 208.01 Bn | -160.24 Mn | - | 1.96 Bn |
| 10 | Capital One Financial | 122.27 Bn | 122.27 Bn | - | 4.01 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 218.00 Mn |
| Mar 31, 2026 | 185.00 Mn |
| Dec 31, 2025 | 159.00 Mn |
| Sep 30, 2025 | 186.00 Mn |
| Jun 30, 2025 | 195.00 Mn |
| Mar 31, 2025 | 182.00 Mn |
| Dec 31, 2024 | 184.00 Mn |
| Sep 30, 2024 | 159.00 Mn |
| Jun 30, 2024 | 153.00 Mn |
| Mar 31, 2024 | 150.00 Mn |
| Dec 31, 2023 | 148.00 Mn |
| Sep 30, 2023 | 151.00 Mn |
| Jun 30, 2023 | 144.00 Mn |
| Mar 31, 2023 | 132.00 Mn |
| Dec 31, 2022 | 127.00 Mn |
| Sep 30, 2022 | 120.00 Mn |
| Jun 30, 2022 | 114.00 Mn |
| Mar 31, 2022 | 110.00 Mn |
| Dec 31, 2021 | 108.00 Mn |
| Sep 30, 2021 | 110.00 Mn |
API Access
Mastercard Interest Expenses 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=interest-expenses&ticker=MA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=MA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();