Mastercard Incorporated

MA

Mastercard Incorporated

Quarterly revenue, EPS, free cash flow, valuation, and Rule of 40 scores for Mastercard Incorporated.

R40: 52 · 2026 Q2 $511.78B
$573.10
News

Coverage

See all news →

Rule of 40 2026 Q2
51.6
✓ Passing
Revenue Growth YoY +14.1%
+
FCF Margin +37.5%
History
81
Q3
78
Q4
2024 R40 +63
45
Q1
73
Q2
80
Q3
73
Q4
2025 R40 +69
50
Q1
52
Q2
ANALYST RATINGS
Buy Avg target withheld — over 90 days old
Latest analyst action Feb 10, 2026
MA
Daiwa Securities
Outperform $610
Upgrade
2026-02-03
Cantor Fitzgerald
Overweight $650
Initiated
2026-01-27
Compass Point
Buy $735
Upgrade
2026-01-13
HSBC Securities
Buy $633
Upgrade
2025-12-08
Citigroup
Buy $735
Initiated
2025-10-23

See all 17 ratings →

Company timeline

Earnings release dates

Quarter End date Publication date Release
2026 Q2 2026-06-30 2026-07-30 Details →
2026 Q1 2026-03-31 2026-04-30 Details →
2025 Q4 2025-12-31 2026-01-29 Details →
2025 Q3 2025-09-30 2025-10-30 Details →
2025 Q2 2025-06-30 2025-07-31 Details →
2025 Q1 2025-03-31 2025-05-01 Details →
2024 Q4 2024-12-31 2025-01-30 Details →
2024 Q3 2024-09-30 2024-10-31 Details →
2024 Q2 2024-06-30 2024-07-31 Details →
2024 Q1 2024-03-31 2024-05-01 Details →
2023 Q4 2023-12-31 2024-01-31 Details →
2023 Q3 2023-09-30 2023-10-26 Details →
2023 Q2 2023-06-30 2023-07-27 Details →
2023 Q1 2023-03-31 2023-04-27 Details →
2022 Q4 2022-12-31 2023-01-26 Details →
2022 Q3 2022-09-30 2022-10-27 Details →
2022 Q2 2022-06-30 2022-07-28 Details →
2022 Q1 2022-03-31 2022-04-28 Details →
2021 Q4 2021-12-31 2022-01-27 Details →
2021 Q3 2021-09-30 2021-10-28 Details →
2021 Q2 2021-06-30 2021-07-29 Details →
2021 Q1 2021-03-31 2021-04-29 Details →
2020 Q4 2020-12-31 2021-01-28 Details →
2020 Q3 2020-09-30 2020-10-28 Details →
2020 Q2 2020-06-30 2020-07-30 Details →
2020 Q1 2020-03-31 2020-04-29 Details →

All MA earnings →

Background

Company History

Exchange
NYSE
IPO Date
May 25, 2006
IPO Price
$39.00
as issued; not split-adjusted, so not comparable to the current price
Shares Outstanding
893.0M
1966
Founding as Interbank Card Association

Founded by a group of California banks as Interbank Card Association to compete with BankAmericard (later Visa).

1969
Master Charge Name

Renamed to Master Charge: The Interbank Card, establishing unified branding.

1979
Rebranding to Mastercard

Changed name from Master Charge to Mastercard to reflect global expansion.

2006
IPO

Went public on NYSE, raising $2.4 billion in one of the largest IPOs that year.

2010
Acquisition of DataCash

Acquired payment gateway DataCash for $520 million, expanding e-commerce capabilities.

2017
Acquisition of VocaLink

Acquired UK-based VocaLink for $920 million, gaining real-time payments infrastructure.

2019
Acquisition of Nets Corporate Services

Acquired European payment services for $3.2 billion.

2022
Suspension of Operations in Russia

Following the Russian invasion of Ukraine, Mastercard suspended all business operations in Russia in March 2022.

Leadership

Key Players

showing 6 of 24 · see all leadership & board

Michael Miebach
Chief Executive Officer
@MichaelMiebach
CEO since January 2021, succeeding Ajay Banga. Previously served as Chief Product Officer. Leading Mastercard's expansion into digital payments, open banking, and multi-rail strategy beyond traditional card networks.
Sachin Mehra
Chief Financial Officer
CFO since April 2019, succeeding Martina Hund-Mejean. Previously served as Treasurer. Oversees financial planning, investor relations, treasury, and M&A activities.
Craig Vosburg
Chief Services Officer
Leads Mastercard's services businesses including consulting, analytics, cyber & intelligence, and loyalty solutions. Longtime Mastercard executive instrumental in growing the high-margin services segment.
Ed McLaughlin
President & Chief Technology Officer
Oversees Mastercard's technology strategy, architecture, and engineering. Leads the company's network infrastructure, cloud migration, and real-time payments technology capabilities.
Linda Kirkpatrick
President, Americas
Leads Mastercard's business across North America and Latin America. Responsible for customer relationships with major issuers, acquirers, merchants, and fintech partners in the region.
Ling Hai
President, Asia Pacific, Europe, Middle East & Africa
Oversees Mastercard's business across APMEA, the company's largest geographic market by transaction volume. Drives international expansion and digital payment adoption.
Related

Similar stocks in Banking & Finance

JPMorgan Chase & Co. JPM JPMorgan Chase & Co. The Goldman Sachs Group, Inc. GS The Goldman Sachs Group, Inc. Morgan Stanley MS Morgan Stanley Bank of America Corporation BAC Bank of America Corporation Visa Inc. V Visa Inc.