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| Date | Value |
|---|---|
| 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 |