Mastercard (MA) Net Margin (2009 - 2026)

Mastercard (MA) has reported Net Margin for 18 consecutive years, with 46.23% the latest figure, recorded in Q1 2026.

• Net Margin for Q1 2026 came in at 46.23%, up 98.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 45.88% (up 92.0% YoY), and the FY2025 annual result was 45.65%, down 6.0% from the prior year.
• Net Margin was 46.23% for Q1 2026 at Mastercard, roughly flat from 46.1% in the prior quarter.
• Over five years, Net Margin peaked at 49.6% in Q1 2022 and troughed at 40.1% in Q1 2023.
• Average Net Margin over 5 years is 44.67%, with a median of 45.24% recorded in 2025.
• Year-over-year, Net Margin jumped 797 bps in 2022 and slumped 950 bps in 2023.
• Over 5 years, Net Margin stood at 42.41% in 2022, then declined by 1 bps to 41.92% in 2023, then rose by 6 bps to 44.63% in 2024, then advanced by 3 bps to 46.1% in 2025, then grew by 0 bps to 46.23% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 46.23% in Q1 2026, 46.1% in Q4 2025, and 45.65% in Q3 2025.