Asia Pacific, Europe, Middle East & Africa was the largest of Mastercard Inc’s 2 reported lines in fiscal 2025, at $18.75B — 57% of $32.79B.
| Geography | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Asia Pacific, Europe, Middle East & Africa | $12.08B | $13.96B | $15.79B | $18.75B | ||||
| International Markets | — | — | — | — | ||||
| Americas | $10.16B | $11.14B | $12.38B | $14.04B | ||||
| North American Markets | — | — | — | — | ||||
| Other | — | — | — | — | ||||
| Total | $22.24B | $25.10B | $28.17B | $32.79B |
In fiscal 2025, which ended December 31, 2025, the 2 regions Mastercard Inc reported in this breakdown added up to $32.79B. That was up 16.4% from $28.17B in fiscal 2024. Asia Pacific, Europe, Middle East & Africa was the largest region, at $18.75B or 57.2% of the total, followed by Americas ($14.04B, 42.8%).
Compared with fiscal 2024, Asia Pacific, Europe, Middle East & Africa grew the fastest, rising 18.7% to $18.75B. Over fiscal 2022 to 2025, revenue across these regions went from $22.24B to $32.79B, a compound annual growth rate of 13.8%. Asia Pacific, Europe, Middle East & Africa's share of the total rose from 54.3% to 57.2% over the same years.
The table also keeps 3 regions that Mastercard Inc no longer reports, so earlier years can still be read on their original basis; use "Show 3 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2018 to 2025, as reported in Mastercard Inc's annual filings.
Payment Network was the largest of Mastercard Inc’s 2 reported lines in fiscal 2025, at $19.48B — 59% of $32.79B.
| Product and Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Payment Network | $14.36B | $15.82B | $17.34B | $19.48B | ||
| Value-Added Services & Solutions | $7.88B | $9.27B | $10.83B | $13.32B | ||
| Total | $22.24B | $25.10B | $28.17B | $32.79B |
In fiscal 2025, which ended December 31, 2025, the 2 revenue lines Mastercard Inc reported in this breakdown added up to $32.79B. That was up 16.4% from $28.17B in fiscal 2024. Payment Network was the largest revenue line, at $19.48B or 59.4% of the total, followed by Value-Added Services & Solutions ($13.32B, 40.6%).
Compared with fiscal 2024, Value-Added Services & Solutions grew the fastest, rising 22.9% to $13.32B. Over fiscal 2022 to 2025, revenue across these revenue lines went from $22.24B to $32.79B, a compound annual growth rate of 13.8%. Payment Network's share of the total fell from 64.6% to 59.4% over the same years.
This breakdown covers every fiscal year from 2020 to 2025, as reported in Mastercard Inc's annual filings.
Mastercard Inc (MA) breaks its revenue down by region and revenue line. In fiscal 2025, its largest region was Asia Pacific, Europe, Middle East & Africa, with $18.75B or 57.2% of the total, followed by Americas at $14.04B (42.8%).
Asia Pacific, Europe, Middle East & Africa was Mastercard Inc's largest region in fiscal 2025, with $18.75B in revenue, 57.2% of the $32.79B reported across its 2 regions.
Payment Network was Mastercard Inc's largest revenue line in fiscal 2025, with $19.48B in revenue, 59.4% of the $32.79B reported across its 2 revenue lines.
Of the Mastercard Inc regions reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, Asia Pacific, Europe, Middle East & Africa grew the fastest, rising 18.7% from $15.79B to $18.75B.
Every figure is taken from Mastercard Inc's annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by region covers fiscal 2018 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.