Mastercard (MA) Shares Outstanding (Diluted Average) (2009 - 2026)

Mastercard (MA) reported Shares Outstanding (Diluted Average) of $893.0 million for Q1 2026, down 2.3% on a YoY basis from $914.0 million in Q1 2025, and down 1.43% quarter-over-quarter from $906.0 million in Q4 2025.

Mastercard (MA) Shares Outstanding (Diluted Average) (2009 - 2026) Analysis & Trends

Mastercard has reported Shares Outstanding (Diluted Average) for 18 years, with the latest figure at $893.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) fell 2.3% year-over-year to $893.0 million; the trailing twelve-month figure through Mar 2026 stood at $893.0 million (down 2.3% YoY), and the FY2025 full-year result was $906.0 million, down 2.27% from the prior year.
  • Shares Outstanding (Diluted Average) for Q1 2026 stood at $893.0 million, down from $906.0 million in the prior quarter.
  • The five-year high for Shares Outstanding (Diluted Average) was $981.0 million in Q1 2022, with the low at $893.0 million in Q1 2026.
  • Historically, Shares Outstanding (Diluted Average) has averaged $937.5 million across 5 years, with a median of $935.0 million in 2024.
  • Annual changes were most pronounced in 2022 — Shares Outstanding (Diluted Average) fell 1.7% — and 2023, when it declined 3.18%.
  • Mastercard's Shares Outstanding (Diluted Average) stood at $971.0 million in 2022, then declined by 2.57% to $946.0 million in 2023, then fell by 2.01% to $927.0 million in 2024, then declined by 2.27% to $906.0 million in 2025, then decreased by 1.43% to $893.0 million in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $893.0 million (Q1 2026), $906.0 million (Q4 2025), and $905.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Visa 541.66 Bn 529.25 Bn - 1.92 Bn
2 Mastercard 437.55 Bn 427.34 Bn - 893.00 Mn
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 686.00 Mn
4 Capital One Financial 112.47 Bn 35.97 Bn - -
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 920.00 Mn
6 Synchrony Financial 24.26 Bn 3.70 Bn - -
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 348.56 Mn
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn 1.38 Bn
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn 313.22 Mn
10 Credit Acceptance 6.24 Bn 6.21 Bn 562.70 Mn 11.65 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 893.00 Mn
Dec 31, 2025 906.00 Mn
Sep 30, 2025 905.00 Mn
Jun 30, 2025 909.00 Mn
Mar 31, 2025 914.00 Mn
Dec 31, 2024 927.00 Mn
Sep 30, 2024 925.00 Mn
Jun 30, 2024 930.00 Mn
Mar 31, 2024 935.00 Mn
Dec 31, 2023 946.00 Mn
Sep 30, 2023 943.00 Mn
Jun 30, 2023 949.00 Mn
Mar 31, 2023 956.00 Mn
Dec 31, 2022 971.00 Mn
Sep 30, 2022 974.00 Mn
Jun 30, 2022 974.00 Mn
Mar 31, 2022 981.00 Mn
Dec 31, 2021 992.00 Mn
Sep 30, 2021 994.00 Mn
Jun 30, 2021 996.00 Mn