Mastercard (MA) Net Margin (2009 - 2026)

Mastercard (MA) has 18 years of Net Margin data on file, last reported at 47.3% in Q2 2026.

• Quarterly Net Margin rose 179.0% year-over-year to 47.3% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 46.34% (up 141.0% YoY) and the FY2025 annual result came in at 45.65%, down 6.0% from the prior year.
• Net Margin improved to 47.3% in Q2 2026, from 46.23% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 50.92% in Q1 2022 to a low of 41.08% in Q1 2023.
• A 5-year average of 45.35% and a median of 45.44% in 2023 frame the typical range for Net Margin.
• Annual changes were most pronounced in 2022 — Net Margin jumped 692 bps — and 2023, when it slumped 984 bps.
• Tracing MA's Net Margin over 5 years: stood at 43.41% in 2022, then dropped by 2 bps to 42.62% in 2023, then climbed by 5 bps to 44.63% in 2024, then increased by 3 bps to 46.1% in 2025, then rose by 3 bps to 47.3% in 2026.
• The last three Net Margin figures came in at 47.3% (Q2 2026), 46.23% (Q1 2026), and 46.1% (Q4 2025), per Business Quant data.