Mastercard (MA) Operating Income (2009 - 2026)
Mastercard (MA) reported Operating Income of $5.59 billion for Q2 2026, up 17.0% from $4.78 billion a year earlier and up 13.9% from the prior quarter.
Powered by 
Analysis
Mastercard (MA) Operating Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mastercard's Operating Income came in at $20.47 billion, up 21.3% year-over-year; for FY2025, it was $18.9 billion, up 21.3% from FY2024.
- Operating Income has increased for five consecutive years, with a five-year compound annual growth rate of 18.5% (FY2020 to FY2025).
- By year, Operating Income came in at $15.58 billion in FY2024 (+11.2%), $14.01 billion in FY2023 (+14.2%), $12.26 billion in FY2022 (+21.6%) and $10.08 billion in FY2021 (+24.8%).
- The Q2 2026 figure ranks as the highest quarterly Operating Income in data going back to Q1 2009.
- Year over year, Operating Income has now increased in each of the last 21 quarters, with growth averaging 17.6% over the last eight quarters.
- The year-over-year growth in Operating Income has ranged between 4.2% (Q3 2024) and 37.4% (Q4 2021) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at $4.91 billion (Q1 2026), $4.91 billion (Q4 2025) and $5.06 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 687.36 Bn | 630.68 Bn | - | 6.88 Bn |
| 2 | Mastercard | 513.04 Bn | 472.96 Bn | - | 5.59 Bn |
| 3 | Wise | 14.65 Bn | 14.65 Bn | - | - |
| 4 | Remitly Global | 5.11 Bn | 2.76 Bn | 307.34 Mn | 66.68 Mn |
| 5 | Western Union | 1.91 Bn | -2.11 Bn | 336.50 Mn | 132.10 Mn |
| 6 | International Money Express | 382.67 Mn | -237.48 Mn | - | 8.75 Mn |
| 7 | Currenc | 167.21 Mn | -59.72 Mn | 3.70 Mn | -4.03 Mn |
| 8 | Sentage Holdings | 4.88 Mn | 4.88 Mn | - | - |
| 9 | American Express | 208.01 Bn | -160.24 Mn | - | - |
| 10 | Capital One Financial | 122.27 Bn | 122.27 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.59 Bn |
| Mar 31, 2026 | 4.91 Bn |
| Dec 31, 2025 | 4.91 Bn |
| Sep 30, 2025 | 5.06 Bn |
| Jun 30, 2025 | 4.78 Bn |
| Mar 31, 2025 | 4.15 Bn |
| Dec 31, 2024 | 3.94 Bn |
| Sep 30, 2024 | 4.00 Bn |
| Jun 30, 2024 | 4.04 Bn |
| Mar 31, 2024 | 3.60 Bn |
| Dec 31, 2023 | 3.37 Bn |
| Sep 30, 2023 | 3.84 Bn |
| Jun 30, 2023 | 3.66 Bn |
| Mar 31, 2023 | 3.14 Bn |
| Dec 31, 2022 | 3.18 Bn |
| Sep 30, 2022 | 3.11 Bn |
| Jun 30, 2022 | 3.02 Bn |
| Mar 31, 2022 | 2.95 Bn |
| Dec 31, 2021 | 2.83 Bn |
| Sep 30, 2021 | 2.72 Bn |
API Access
Mastercard Operating Income 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=operating-income&ticker=MA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=MA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();