Mastercard (MA) Net Margin (2009 - 2026)

Mastercard (MA) has reported Net Margin for 18 consecutive years, with 47.3% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Net Margin rose 179.0% year-over-year to 47.3%; the trailing twelve-month figure through Jun 2026 stood at 46.34% (up 141.0% YoY), and the FY2025 full-year result was 45.65%, down 6.0% from the prior year.
• Net Margin advanced to 47.3% in Q2 2026 per MA's latest filing, from 46.23% in the prior quarter.
• Across five years, Net Margin topped out at 50.92% in Q1 2022 and bottomed at 41.08% in Q1 2023.
• Historically, Net Margin has averaged 45.35% across 5 years, with a median of 45.44% in 2023.
• The sharpest annual moves came in 2022 and 2023: Net Margin surged 692 bps in 2022, then tumbled 984 bps in 2023.
• Over 5 years, Net Margin stood at 43.41% in 2022, then fell by 2 bps to 42.62% in 2023, then increased by 5 bps to 44.63% in 2024, then gained by 3 bps to 46.1% in 2025, then advanced by 3 bps to 47.3% in 2026.
• According to Business Quant data, Net Margin over the past three periods registered 47.3%, 46.23%, and 46.1% for Q2 2026, Q1 2026, and Q4 2025 respectively.