Mastercard (MA) Payables (2009 - 2026)
Mastercard (MA) recorded Payables of $1.13 billion in Q2 2026, up 38.1% from $818 million a year earlier and up 9.7% from the prior quarter.
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Analysis
Mastercard (MA) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Mastercard reported Payables of $999 million, up 7.5% from FY2024.
- Annual Payables has a five-year compound annual growth rate of 13.6% (FY2020 to FY2025).
- Across earlier years, Payables came in at $929 million in FY2024 (+11.4%), $834 million in FY2023 (-9.9%), $926 million in FY2022 (+25.5%) and $738 million in FY2021 (+40.0%).
- The Q2 2026 figure is the highest quarterly Payables in data going back to Q2 2009.
- On a year-over-year basis, Payables has increased for four consecutive quarters, with growth averaging 17.7% over the last eight quarters.
- Peak year-over-year performance for Payables in the last five years was growth of 63.3% in Q3 2021, against a decline of 9.9% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.03 billion (Q1 2026), $999 million (Q4 2025) and $935 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 687.36 Bn | 630.68 Bn | - | 553.00 Mn |
| 2 | Mastercard | 513.04 Bn | 472.96 Bn | - | 1.13 Bn |
| 3 | Wise | 14.65 Bn | 14.65 Bn | - | - |
| 4 | Remitly Global | 5.11 Bn | 2.76 Bn | 307.34 Mn | 42.92 Mn |
| 5 | Western Union | 1.91 Bn | -2.11 Bn | 336.50 Mn | 407.20 Mn |
| 6 | International Money Express | 382.67 Mn | -237.48 Mn | - | 21.73 Mn |
| 7 | Currenc | 167.21 Mn | -59.72 Mn | 3.70 Mn | 63.81 Mn |
| 8 | Sentage Holdings | 4.88 Mn | 4.88 Mn | - | 1.84 Mn |
| 9 | American Express | 208.01 Bn | -160.24 Mn | - | 17.47 Bn |
| 10 | Capital One Financial | 122.27 Bn | 122.27 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.13 Bn |
| Mar 31, 2026 | 1.03 Bn |
| Dec 31, 2025 | 999.00 Mn |
| Sep 30, 2025 | 935.00 Mn |
| Jun 30, 2025 | 818.00 Mn |
| Mar 31, 2025 | 993.00 Mn |
| Dec 31, 2024 | 929.00 Mn |
| Sep 30, 2024 | 911.00 Mn |
| Jun 30, 2024 | 835.00 Mn |
| Mar 31, 2024 | 790.00 Mn |
| Dec 31, 2023 | 834.00 Mn |
| Sep 30, 2023 | 589.00 Mn |
| Jun 30, 2023 | 643.00 Mn |
| Mar 31, 2023 | 735.00 Mn |
| Dec 31, 2022 | 926.00 Mn |
| Sep 30, 2022 | 615.00 Mn |
| Jun 30, 2022 | 633.00 Mn |
| Mar 31, 2022 | 666.00 Mn |
| Dec 31, 2021 | 738.00 Mn |
| Sep 30, 2021 | 557.00 Mn |
API Access
Mastercard Payables 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=payables&ticker=MA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=MA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();