Mastercard annual net profit margin
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Mastercard Net Profit Margin Growth & History (MA)
Mastercard's net profit margin was 45.65% for fiscal 2025.
View full Mastercard company overviewMastercard annual net profit margin history
| Fiscal year | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 45.65% | −0.06 pp |
| 2024 | 2024-12-31 | 45.71% | +1.10 pp |
| 2023 | 2023-12-31 | 44.61% | −0.05 pp |
| 2022 | 2022-12-31 | 44.66% | +15.55 pp |
| 2021 | 2021-12-31 | 29.11% | +1.96 pp |
| 2020 | 2020-12-31 | 27.15% | −5.35 pp |
| 2019 | 2019-12-31 | 32.50% | +5.66 pp |
| 2018 | 2018-12-31 | 26.84% | −4.49 pp |
| 2017 | 2017-12-31 | 31.33% | −6.34 pp |
| 2016 | 2016-12-31 | 37.67% | −1.72 pp |
| 2015 | 2015-12-31 | 39.39% | +1.21 pp |
| 2014 | 2014-12-31 | 38.18% | +0.85 pp |
| 2013 | 2013-12-31 | 37.34% | +0.01 pp |
| 2012 | 2012-12-31 | 37.33% | +8.94 pp |
| 2011 | 2011-12-31 | 28.39% | −4.94 pp |
| 2010 | 2010-12-31 | 33.33% | +4.64 pp |
| 2009 | 2009-12-31 | 28.69% | +33.78 pp |
| 2008 | 2008-12-31 | −5.09% | −31.78 pp |
| 2007 | 2007-12-31 | 26.70% | — |
Mastercard quarterly net profit margin
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| Fiscal quarter | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 47.30% | +1.79 pp |
| Q1 2026 | 2026-03-31 | 46.23% | +0.98 pp |
| Q4 2025 | 2025-12-31 | 46.10% | +1.48 pp |
| Q3 2025 | 2025-09-30 | 45.65% | +1.37 pp |
| Q2 2025 | 2025-06-30 | 45.51% | −1.30 pp |
| Q1 2025 | 2025-03-31 | 45.24% | −2.19 pp |
| Q4 2024 | 2024-12-31 | 44.63% | +2.00 pp |
| Q3 2024 | 2024-09-30 | 44.28% | −4.67 pp |
| Q2 2024 | 2024-06-30 | 46.80% | +1.42 pp |
| Q1 2024 | 2024-03-31 | 47.43% | +6.36 pp |
| Q4 2023 | 2023-12-31 | 42.62% | — |
| Q3 2023 | 2023-09-30 | 48.95% | +21.69 pp |
| Q2 2023 | 2023-06-30 | 45.38% | +19.24 pp |
| Q1 2023 | 2023-03-31 | 41.08% | +8.29 pp |
| Q3 2022 | 2022-09-30 | 27.26% | −3.59 pp |
| Q2 2022 | 2022-06-30 | 26.14% | −2.48 pp |
| Q1 2022 | 2022-03-31 | 32.79% | +4.35 pp |
| Q4 2021 | 2021-12-31 | 28.42% | +0.64 pp |
| Q3 2021 | 2021-09-30 | 30.85% | +5.35 pp |
| Q2 2021 | 2021-06-30 | 28.62% | +0.74 pp |
| Q1 2021 | 2021-03-31 | 28.44% | +0.96 pp |
| Q4 2020 | 2020-12-31 | 27.78% | −19.80 pp |
| Q3 2020 | 2020-09-30 | 25.49% | −6.66 pp |
| Q2 2020 | 2020-06-30 | 27.88% | −5.86 pp |
| Q1 2020 | 2020-03-31 | 27.47% | −5.59 pp |
| Q4 2019 | 2019-12-31 | 47.58% | +23.96 pp |
| Q3 2019 | 2019-09-30 | 32.15% | −1.56 pp |
| Q2 2019 | 2019-06-30 | 33.75% | +4.42 pp |
| Q1 2019 | 2019-03-31 | 33.06% | +3.63 pp |
| Q4 2018 | 2018-12-31 | 23.61% | +16.76 pp |
| Q3 2018 | 2018-09-30 | 33.71% | −8.37 pp |
| Q2 2018 | 2018-06-30 | 29.33% | −9.23 pp |
| Q1 2018 | 2018-03-31 | 29.43% | −10.11 pp |
| Q4 2017 | 2017-12-31 | 6.85% | −27.00 pp |
| Q3 2017 | 2017-09-30 | 42.08% | +0.97 pp |
| Q2 2017 | 2017-06-30 | 38.55% | +2.06 pp |
| Q1 2017 | 2017-03-31 | 39.54% | +0.33 pp |
| Q4 2016 | 2016-12-31 | 33.85% | −1.51 pp |
| Q3 2016 | 2016-09-30 | 41.11% | +2.49 pp |
| Q2 2016 | 2016-06-30 | 36.49% | −2.05 pp |
| Q1 2016 | 2016-03-31 | 39.21% | −6.53 pp |
| Q4 2015 | 2015-12-31 | 35.36% | +2.21 pp |
| Q3 2015 | 2015-09-30 | 38.62% | −2.15 pp |
| Q2 2015 | 2015-06-30 | 38.54% | −0.78 pp |
| Q1 2015 | 2015-03-31 | 45.74% | +5.68 pp |
| Q4 2014 | 2014-12-31 | 33.15% | +3.85 pp |
| Q3 2014 | 2014-09-30 | 40.76% | +1.13 pp |
| Q2 2014 | 2014-06-30 | 39.32% | −1.14 pp |
| Q1 2014 | 2014-03-31 | 40.06% | −0.13 pp |
| Q4 2013 | 2013-12-31 | 29.30% | −2.62 pp |
| Q3 2013 | 2013-09-30 | 39.63% | −0.62 pp |
| Q2 2013 | 2013-06-30 | 40.46% | +2.00 pp |
| Q1 2013 | 2013-03-31 | 40.19% | +1.39 pp |
| Q4 2012 | 2012-12-31 | 31.93% | +30.83 pp |
| Q3 2012 | 2012-09-30 | 40.25% | +0.81 pp |
| Q2 2012 | 2012-06-30 | 38.46% | +1.99 pp |
| Q1 2012 | 2012-03-31 | 38.79% | +1.35 pp |
| Q4 2011 | 2011-12-31 | 1.10% | −27.76 pp |
| Q3 2011 | 2011-09-30 | 39.44% | +3.16 pp |
| Q2 2011 | 2011-06-30 | 36.47% | +2.92 pp |
| Q1 2011 | 2011-03-31 | 37.44% | +2.66 pp |
| Q4 2010 | 2010-12-31 | 28.86% | +6.15 pp |
| Q3 2010 | 2010-09-30 | 36.27% | +3.14 pp |
| Q2 2010 | 2010-06-30 | 33.55% | +6.29 pp |
| Q1 2010 | 2010-03-31 | 34.79% | +3.04 pp |
| Q4 2009 | 2009-12-31 | 22.71% | — |
| Q3 2009 | 2009-09-30 | 33.14% | +47.60 pp |
| Q2 2009 | 2009-06-30 | 27.27% | +87.17 pp |
| Q1 2009 | 2009-03-31 | 31.75% | — |
| Q3 2008 | 2008-09-30 | −14.47% | — |
| Q2 2008 | 2008-06-30 | −59.90% | — |
Mastercard net profit margin trends
Over the last five fiscal years, Mastercard's net profit margin increased from 27.15% to 45.65%, a change of +18.50 percentage points. The latest reported quarter, Q2 2026, shows 47.30%.
About the metric
What net profit margin means
Net profit margin measures the percentage of revenue remaining as net income after operating costs, interest, taxes, and other expenses. It shows how much bottom-line profit or loss a company generates from each dollar of revenue.
Calculation and source
How net profit margin is calculated
TickerStat calculates net profit margin as SEC-reported net income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mastercard source filings ↗Community posts
Mastercard’s payment volumes and services growth lift quarterly profit
Mastercard ($MA) generated third-quarter 2026 net revenue of $9.8 billion, up 14% both as reported and at constant exchange rates. Net income reached $4.6 billion, with diluted earnings of $5.28 per share, up 22%. Adjusted EPS increased 21% ...
