Mastercard 8-K

PositiveEarnings

Security, digital and authentication offerings drove value-added services growth ahead of the payment network, while cross-border activity supported network gains.

Filed 2026-07-30 08:07 ET

Summary

Q2 2026 results with strong revenue and earnings growth. Net revenue rose 14% (12% currency-neutral), supported by growth in the payment network and value-added services and solutions. Gross dollar volume increased 8% and cross-border volume 12% on a local-currency basis.

Key Figures

Metric Q2 2026 Q2 2025 Y/Y
Net revenue $9.28B $8.13B 14%
Operating income $5.59B $4.78B 17%
Net income (GAAP) $4.39B $3.70B 19%
Adjusted net income (non-GAAP) $4.45B $3.77B 18%
Diluted EPS $4.97 $4.07 22%
Adjusted diluted EPS (non-GAAP) $5.04 $4.15 21%
  • Q2 payment network revenue grew 10% (8% currency-neutral); value-added services and solutions revenue grew 20% (18% currency-neutral). Growth reflected higher transaction volumes and cross-border activity, alongside security, digital and authentication, and other services.
  • YTD net revenue was $17.7B (+15%), operating income $10.5B (+18%), net income $8.27B (+18%), and diluted EPS $9.32 (+22%). Adjusted net income was $8.56B (+19%) and adjusted diluted EPS was $9.64 (+22%).
  • Q2 repurchases totaled 9.8M shares for $4.9B; dividends were $771M. Class A shares outstanding declined from 887M at 12/31/2025 to 871M at 6/30/2026. Cash was $11.3B at quarter-end; total debt carrying value was $24.6B, up from $19.0B at year-end. Through 7/27, Mastercard repurchased another 1.3M shares for $0.7B, with $7.8B remaining under approved repurchase programs.

Guidance

No guidance in this filing.

Investor Takeaways

  • Watch whether payment-network and services growth, supported by volume and cross-border trends, persists in the next quarter.

The summary is written by an AI model reading the filing.

Model 005 · prompt 01d34d48e3

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