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

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

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

Mastercard (MA) has reported Other Working Capital Changes for 18 consecutive years, with $199.0 million the latest figure, recorded in Q1 2026.

  • Other Working Capital Changes for Q1 2026 came in at $199.0 million, down 86.35% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.0 billion (down 175.52% YoY), and the FY2025 annual result was $247.0 million, up 342.16% from the prior year.
  • Other Working Capital Changes was $199.0 million for Q1 2026 at Mastercard, up from -$2.7 billion in the prior quarter.
  • Over five years, Other Working Capital Changes peaked at $2.0 billion in Q2 2024 and troughed at -$2.7 billion in Q4 2025.
  • Average Other Working Capital Changes over 5 years is $110.2 million, with a median of $199.0 million recorded in 2026.
  • The widest YoY moves for Other Working Capital Changes: up 9012.5% in 2025, down 2053.6% in 2025.
  • Over 5 years, Other Working Capital Changes stood at $703.0 million in 2022, then plunged by 151.35% to -$361.0 million in 2023, then soared by 65.37% to -$125.0 million in 2024, then slumped by 2053.6% to -$2.7 billion in 2025, then soared by 107.39% to $199.0 million in 2026.
  • Per Business Quant data, the three most recent Other Working Capital Changes figures were $199.0 million in Q1 2026, -$2.7 billion in Q4 2025, and $701.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Visa 587.74 Bn 575.34 Bn -
2 Mastercard 465.55 Bn 455.34 Bn -
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn
10 Sezzle 5.91 Bn 5.79 Bn -

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