Mastercard (MA) Other Working Capital Changes (2009 - 2026)

Mastercard (MA) reported Other Working Capital Changes of $199.0 million for Q1 2026, down 86.35% on a YoY basis from $1.5 billion in Q1 2025, and up 107.39% quarter-over-quarter from -$2.7 billion in Q4 2025.

Mastercard (MA) Other Working Capital Changes (2009 - 2026) Analysis & Trends

Mastercard has reported Other Working Capital Changes for 18 years, with the latest figure at $199.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Other Working Capital Changes fell 86.35% year-over-year to $199.0 million; the trailing twelve-month figure through Mar 2026 stood at -$1.0 billion (down 175.52% YoY), and the FY2025 full-year result was $247.0 million, up 342.16% from the prior year.
  • Other Working Capital Changes for Q1 2026 stood at $199.0 million, up from -$2.7 billion in the prior quarter.
  • The five-year high for Other Working Capital Changes was $2.0 billion in Q2 2024, with the low at -$2.7 billion in Q4 2025.
  • Historically, Other Working Capital Changes has averaged $110.2 million across 5 years, with a median of $199.0 million in 2026.
  • The largest YoY upside for Other Working Capital Changes was 9012.5% in 2025 against a maximum downside of 2053.6% in 2025.
  • Mastercard's Other Working Capital Changes stood at $703.0 million in 2022, then sank by 151.35% to -$361.0 million in 2023, then soared by 65.37% to -$125.0 million in 2024, then tumbled by 2053.6% to -$2.7 billion in 2025, then soared by 107.39% to $199.0 million in 2026.
  • The last three Other Working Capital Changes figures came in at $199.0 million (Q1 2026), -$2.7 billion (Q4 2025), and $701.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Visa 541.66 Bn 529.25 Bn -
2 Mastercard 437.55 Bn 427.34 Bn -
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn
4 Capital One Financial 112.47 Bn 35.97 Bn -
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn
6 Synchrony Financial 24.26 Bn 3.70 Bn -
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn
10 Credit Acceptance 6.24 Bn 6.21 Bn 562.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 199.00 Mn
Mar 31, 2026 199.00 Mn
Dec 31, 2025 -2.69 Bn
Dec 31, 2025 -2.69 Bn
Sep 30, 2025 701.00 Mn
Sep 30, 2025 701.00 Mn
Jun 30, 2025 780.00 Mn
Jun 30, 2025 780.00 Mn
Mar 31, 2025 1.46 Bn
Mar 31, 2025 1.46 Bn
Dec 31, 2024 -125.00 Mn
Dec 31, 2024 -125.00 Mn
Sep 30, 2024 -1.96 Bn
Sep 30, 2024 -1.96 Bn
Jun 30, 2024 1.96 Bn
Jun 30, 2024 1.96 Bn
Mar 31, 2024 16.00 Mn
Mar 31, 2024 16.00 Mn
Dec 31, 2023 -361.00 Mn
Dec 31, 2023 -361.00 Mn