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Mastercard Incorporated's Revenue (2016 - 2025)

  • Mastercard Incorporated's annual revenue was $32.79 B in fiscal year 2025. The annual revenue increased $4.62 B from $28.17 B (in 2024) to $32.79 B (in 2025), representing a 16.42% year-over-year growth.

  • Mastercard Incorporated's quarterly revenue was $8.40 B in the quarter ending Mar 2026. The quarterly revenue increased $1.15 B from $7.25 B (in Q1: Dec 2025) to $8.40 B (in Q1: Dec 2026), representing a 15.83% year-over-year growth.

    • Over the past 10 years (2016 - 2025):
  • The highest annual revenue for Mastercard Incorporated was $32.79 B in fiscal year 2025.
  • The lowest annual revenue was $10.78 B in fiscal year 2016.
  • The average revenue was $19.76 B.

    • Learn more about Mastercard Incorporated's Revenue by Segment and Revenue by Region.

    Check out competitors to Mastercard Incorporated in a side-by-side comparison.

    Explore additional financial metrics for Mastercard Incorporated.


    Definition of Revenue :
  • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
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Mastercard Incorporated's Revenue Trend

2025

Mastercard Incorporated's annual revenue was $32.79 B in fiscal year 2025.

Mastercard Incorporated's quarterly revenue was $7.25 B(Q1: Mar 2025), $8.13 B(Q2: Jun 2025), $8.60 B(Q3: Sep 2025), $8.81 B(Q4: Dec 2025) in fiscal year 2025.

2024

Mastercard Incorporated's annual revenue was $28.17 B in fiscal year 2024.

Mastercard Incorporated's quarterly revenue was $6.35 B(Q1: Mar 2024), $6.96 B(Q2: Jun 2024), $7.37 B(Q3: Sep 2024), $7.49 B(Q4: Dec 2024) in fiscal year 2024.

2023

Mastercard Incorporated's annual revenue was $25.10 B in fiscal year 2023.

Mastercard Incorporated's quarterly revenue was $5.75 B(Q1: Mar 2023), $6.27 B(Q2: Jun 2023), $6.53 B(Q3: Sep 2023), $6.55 B(Q4: Dec 2023) in fiscal year 2023.

2022

Mastercard Incorporated's annual revenue was $22.24 B in fiscal year 2022.

Mastercard Incorporated's quarterly revenue was $5.17 B(Q1: Mar 2022), $5.50 B(Q2: Jun 2022), $5.76 B(Q3: Sep 2022), $5.82 B(Q4: Dec 2022) in fiscal year 2022.

2021

Mastercard Incorporated's annual revenue was $18.88 B in fiscal year 2021.

Mastercard Incorporated's quarterly revenue was $4.16 B(Q1: Mar 2021), $4.53 B(Q2: Jun 2021), $4.99 B(Q3: Sep 2021), $5.22 B(Q4: Dec 2021) in fiscal year 2021.

2020

Mastercard Incorporated's annual revenue was $15.30 B in fiscal year 2020.

Mastercard Incorporated's quarterly revenue was $4.01 B(Q1: Mar 2020), $3.34 B(Q2: Jun 2020), $3.84 B(Q3: Sep 2020), $4.12 B(Q4: Dec 2020) in fiscal year 2020.

2019

Mastercard Incorporated's annual revenue was $16.88 B in fiscal year 2019.

Mastercard Incorporated's quarterly revenue was $3.89 B(Q1: Mar 2019), $4.11 B(Q2: Jun 2019), $4.47 B(Q3: Sep 2019), $4.41 B(Q4: Dec 2019) in fiscal year 2019.

2018

Mastercard Incorporated's annual revenue was $14.95 B in fiscal year 2018.

Mastercard Incorporated's quarterly revenue was $3.58 B(Q1: Mar 2018), $3.67 B(Q2: Jun 2018), $3.90 B(Q3: Sep 2018), $3.81 B(Q4: Dec 2018) in fiscal year 2018.

2017

Mastercard Incorporated's annual revenue was $12.50 B in fiscal year 2017.

Mastercard Incorporated's quarterly revenue was $2.73 B(Q1: Mar 2017), $3.05 B(Q2: Jun 2017), $3.40 B(Q3: Sep 2017), $3.31 B(Q4: Dec 2017) in fiscal year 2017.

2016

Mastercard Incorporated's annual revenue was $10.78 B in fiscal year 2016.

Mastercard Incorporated's quarterly revenue was $2.45 B(Q1: Mar 2016), $2.69 B(Q2: Jun 2016), $2.88 B(Q3: Sep 2016), $2.76 B(Q4: Dec 2016) in fiscal year 2016.

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Mastercard Incorporated's Revenue (Year-over-Year Change)

2015 0
2016 +11.47
2017 +15.97
2018 +19.63
2019 +12.93
2020 -9.37
2021 +23.42
2022 +17.76
2023 +12.87
2024 +12.23
2025 +16.42

2025

Mastercard Incorporated’s annual revenue increased +16.42% during fiscal year 2025 compared to 2024. It represents a growth of $4.62 B from $28.17 B (in 2024) to $32.79 B (in 2025).

2024

Mastercard Incorporated’s annual revenue increased +12.23% during fiscal year 2024 compared to 2023. It represents a growth of $3.07 B from $25.10 B (in 2023) to $28.17 B (in 2024).

2023

Mastercard Incorporated’s annual revenue increased +12.87% during fiscal year 2023 compared to 2022. It represents a growth of $2.86 B from $22.24 B (in 2022) to $25.10 B (in 2023).

2022

Mastercard Incorporated’s annual revenue increased +17.76% during fiscal year 2022 compared to 2021. It represents a growth of $3.35 B from $18.88 B (in 2021) to $22.24 B (in 2022).

2021

Mastercard Incorporated’s annual revenue increased +23.42% during fiscal year 2021 compared to 2020. It represents a growth of $3.58 B from $15.30 B (in 2020) to $18.88 B (in 2021).

2020

Mastercard Incorporated’s annual revenue decreased -9.37% during fiscal year 2020 compared to 2019. It represents a decline of $1.58 B from $16.88 B (in 2019) to $15.30 B (in 2020).

2019

Mastercard Incorporated’s annual revenue increased +12.93% during fiscal year 2019 compared to 2018. It represents a growth of $1.93 B from $14.95 B (in 2018) to $16.88 B (in 2019).

2018

Mastercard Incorporated’s annual revenue increased +19.63% during fiscal year 2018 compared to 2017. It represents a growth of $2.45 B from $12.50 B (in 2017) to $14.95 B (in 2018).

2017

Mastercard Incorporated’s annual revenue increased +15.97% during fiscal year 2017 compared to 2016. It represents a growth of $1.72 B from $10.78 B (in 2016) to $12.50 B (in 2017).

2016

Mastercard Incorporated’s annual revenue increased +11.47% during fiscal year 2016 compared to 2015. It represents a growth of $1.11 B from $9.67 B (in 2015) to $10.78 B (in 2016).

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Mastercard Incorporated Revenue History

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Period Revenue Year-over-Year Change
FY 2025
$32.79 B $4.62 B 16.42%
Q4: Dec 25 $8.81 B $1.32 B 17.59%
Q3: Sep 25 $8.60 B $1.23 B 16.73%
Q2: Jun 25 $8.13 B $1.17 B 16.84%
Q1: Mar 25 $7.25 B $902.00 M 14.21%
FY 2024
$28.17 B $3.07 B 12.23%
Q4: Dec 24 $7.49 B $941.00 M 14.37%
Q3: Sep 24 $7.37 B $836.00 M 12.8%
Q2: Jun 24 $6.96 B $692.00 M 11.04%
Q1: Mar 24 $6.35 B $600.00 M 10.44%
FY 2023
$25.10 B $2.86 B 12.87%
Q4: Dec 23 $6.55 B $731.00 M 12.57%
Q3: Sep 23 $6.53 B $777.00 M 13.5%
Q2: Jun 23 $6.27 B $772.00 M 14.04%
Q1: Mar 23 $5.75 B $581.00 M 11.24%
FY 2022
$22.24 B $3.35 B 17.76%
Q4: Dec 22 $5.82 B $601.00 M 11.52%
Q3: Sep 22 $5.76 B $771.00 M 15.47%
Q2: Jun 22 $5.50 B $969.00 M 21.4%
Q1: Mar 22 $5.17 B $1.01 B 24.36%
FY 2021
$18.88 B $3.58 B 23.42%
Q4: Dec 21 $5.22 B $1.10 B 26.6%
Q3: Sep 21 $4.99 B $1.15 B 29.92%
Q2: Jun 21 $4.53 B $1.19 B 35.77%
Q1: Mar 21 $4.16 B $146.00 M 3.64%
FY 2020
$15.30 B -$1.58 B 9.37%
Q4: Dec 20 $4.12 B -$294.00 M 6.66%
Q3: Sep 20 $3.84 B -$630.00 M 14.1%
Q2: Jun 20 $3.34 B -$778.00 M 18.92%
Q1: Mar 20 $4.01 B $120.00 M 3.09%
FY 2019
$16.88 B $1.93 B 12.93%
Q4: Dec 19 $4.41 B $607.00 M 15.94%
Q3: Sep 19 $4.47 B $569.00 M 14.6%
Q2: Jun 19 $4.11 B $448.00 M 12.22%
Q1: Mar 19 $3.89 B $309.00 M 8.63%
FY 2018
$14.95 B $2.45 B 19.63%
Q4: Dec 18 $3.81 B $495.00 M 14.95%
Q3: Sep 18 $3.90 B $500.00 M 14.71%
Q2: Jun 18 $3.67 B $612.00 M 20.05%
Q1: Mar 18 $3.58 B $846.00 M 30.94%
FY 2017
$12.50 B $1.72 B 15.97%
Q4: Dec 17 $3.31 B $556.00 M 20.17%
Q3: Sep 17 $3.40 B $518.00 M 17.99%
Q2: Jun 17 $3.05 B $359.00 M 13.33%
Q1: Mar 17 $2.73 B $288.00 M 11.77%
FY 2016
$10.78 B $1.11 B 11.47%
Q4: Dec 16 $2.76 B $239.00 M 9.5%
Q3: Sep 16 $2.88 B $350.00 M 13.83%
Q2: Jun 16 $2.69 B $304.00 M 12.72%
Q1: Mar 16 $2.45 B $216.00 M 9.69%

Frequently Asked Questions

What is the annual revenue of Mastercard Incorporated?

In fiscal year 2025, Mastercard Incorporated's revenue was $32.79 Billion.

How much did Mastercard Incorporated's revenue change in the last year?

Mastercard Incorporated's revenue increased by +16.42% (+$4.62 Billion) in 2025 compared to 2024.

What is Mastercard Incorporated's most recent quarterly revenue?

In the first quarter (Q1) of 2026, Mastercard Incorporated reported a revenue of $8.40 Billion.

What is Mastercard Incorporated's revenue per share (TTM)?

Mastercard Incorporated's revenue per share over the trailing twelve months is $38.09.

What is Mastercard Incorporated's revenue per employee?

In the fiscal year 2025, Mastercard Incorporated's revenue per employee was $823.89 K.

What is the annual net income of Mastercard Incorporated?

In fiscal year 2025, Mastercard Incorporated's net income was $14.97 Billion.

What is Mastercard Incorporated's biggest product segment, and what is its revenue?

Payment Network is Mastercard Incorporated's biggest product segment, generating $19.48 Billion in revenue for fiscal year 2025.

What is Mastercard Incorporated's net income per employee?

In the fiscal year 2025, Mastercard Incorporated's net income per employee was $376.08 K.

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