Mastercard (MA) Retained Earnings (2009 - 2026)
Mastercard's Retained Earnings came in at $91.77 billion for Q2 2026, up 16.9% from $78.51 billion a year earlier and up 4.1% from the prior quarter.
Powered by 
Analysis
Mastercard (MA) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Mastercard's Retained Earnings was $85.04 billion, up 16.6% from FY2024.
- Retained Earnings has increased in each of the last 16 years, with a five-year compound annual growth rate of 17.0% (FY2020 to FY2025).
- Going back by year, Retained Earnings was $72.91 billion in FY2024 (+16.5%), $62.56 billion in FY2023 (+16.7%), $53.61 billion in FY2022 (+17.4%) and $45.65 billion in FY2021 (+17.8%).
- The Q2 2026 figure represents the highest quarterly Retained Earnings in data going back to Q2 2009.
- Year-over-year, Retained Earnings has increased for 65 consecutive quarters, with growth averaging 16.5% over the last eight quarters.
- Across the past five years, year-over-year growth in Retained Earnings ran from 15.9% in Q1 2023 to 19.1% in Q1 2022.
- Business Quant data shows MA's Retained Earnings at $88.15 billion (Q1 2026), $85.04 billion (Q4 2025) and $81.75 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 687.36 Bn | 630.68 Bn | - | 12.75 Bn |
| 2 | Mastercard | 513.04 Bn | 472.96 Bn | - | 91.77 Bn |
| 3 | Wise | 14.65 Bn | 14.65 Bn | - | - |
| 4 | Remitly Global | 5.11 Bn | 2.76 Bn | 307.34 Mn | -205.39 Mn |
| 5 | Western Union | 1.91 Bn | -2.11 Bn | 336.50 Mn | -83.80 Mn |
| 6 | International Money Express | 382.67 Mn | -237.48 Mn | - | 294.86 Mn |
| 7 | Currenc | 167.21 Mn | -59.72 Mn | 3.70 Mn | -149.95 Mn |
| 8 | Sentage Holdings | 4.88 Mn | 4.88 Mn | - | -47.65 Mn |
| 9 | American Express | 208.01 Bn | -160.24 Mn | - | 26.38 Bn |
| 10 | Capital One Financial | 122.27 Bn | 122.27 Bn | - | 69.25 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 91.77 Bn |
| Mar 31, 2026 | 88.15 Bn |
| Dec 31, 2025 | 85.04 Bn |
| Sep 30, 2025 | 81.75 Bn |
| Jun 30, 2025 | 78.51 Bn |
| Mar 31, 2025 | 75.50 Bn |
| Dec 31, 2024 | 72.91 Bn |
| Sep 30, 2024 | 70.26 Bn |
| Jun 30, 2024 | 67.60 Bn |
| Mar 31, 2024 | 64.96 Bn |
| Dec 31, 2023 | 62.56 Bn |
| Sep 30, 2023 | 60.39 Bn |
| Jun 30, 2023 | 57.73 Bn |
| Mar 31, 2023 | 55.42 Bn |
| Dec 31, 2022 | 53.61 Bn |
| Sep 30, 2022 | 51.63 Bn |
| Jun 30, 2022 | 49.60 Bn |
| Mar 31, 2022 | 47.80 Bn |
| Dec 31, 2021 | 45.65 Bn |
| Sep 30, 2021 | 43.75 Bn |
API Access
Mastercard Retained Earnings 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=retained-earnings&ticker=MA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=MA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();