Mastercard (MA) Revenue & Revenue Breakdown

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Mastercard Revenue Highlights

Latest Revenue (Y)

$32.79B

Latest Revenue (Q)

$8.60B

Main Segment (Y)

Payment Network

Main Geography (Y)

International Markets

Mastercard Revenue by Period

Mastercard Revenue by Year

Date	Revenue	Change
2025-12-31	$32.79B	16.42%
2024-12-31	$28.17B	12.23%
2023-12-31	$25.10B	12.87%
2022-12-31	$22.24B	17.76%
2021-12-31	$18.88B	23.42%
2020-12-31	$15.30B	-9.37%
2019-12-31	$16.88B	12.93%
2018-12-31	$14.95B	19.63%
2017-12-31	$12.50B	15.97%
2016-12-31	$10.78B	11.47%
2015-12-31	$9.67B	2.39%
2014-12-31	$9.44B	13.58%
2013-12-31	$8.31B	12.46%
2012-12-31	$7.39B	10.08%
2011-12-31	$6.71B	21.21%
2010-12-31	$5.54B	8.63%
2009-12-31	$5.10B	2.15%
2008-12-31	$4.99B	22.72%
2007-12-31	$4.07B	22.29%
2006-12-31	$3.33B	13.22%
2005-12-31	$2.94B	13.28%
2004-12-31	$2.59B	16.25%
2003-12-31	$2.23B	17.92%
2002-12-31	$1.89B	17.41%
2001-12-31	$1.61B	11.48%
2000-12-31	$1.45B	32.64%
1998-12-31	$1.09B	-

Mastercard generated $32.79B in revenue during NA 2025, up 16.42% compared to the previous quarter, and up 214.31% compared to the same period a year ago.

Mastercard Revenue by Quarter

Date	Revenue	Change
2025-09-30	$8.60B	5.77%
2025-06-30	$8.13B	12.18%
2025-03-31	$7.25B	-3.19%
2024-12-31	$7.49B	1.63%
2024-09-30	$7.37B	5.86%
2024-06-30	$6.96B	9.66%
2024-03-31	$6.35B	-3.05%
2023-12-31	$6.55B	0.23%
2023-09-30	$6.53B	4.21%
2023-06-30	$6.27B	9.06%
2023-03-31	$5.75B	-1.19%
2022-12-31	$5.82B	1.06%
2022-09-30	$5.76B	4.71%
2022-06-30	$5.50B	6.39%
2022-03-31	$5.17B	-0.94%
2021-12-31	$5.22B	4.63%
2021-09-30	$4.99B	10.09%
2021-06-30	$4.53B	8.98%
2021-03-31	$4.16B	0.85%
2020-12-31	$4.12B	7.38%
2020-09-30	$3.84B	15.05%
2020-06-30	$3.33B	-16.81%
2020-03-31	$4.01B	-9.18%
2019-12-31	$4.41B	-1.19%
2019-09-30	$4.47B	8.61%
2019-06-30	$4.11B	5.76%
2019-03-31	$3.89B	2.15%
2018-12-31	$3.81B	-2.33%
2018-09-30	$3.90B	6.36%
2018-06-30	$3.67B	2.37%
2018-03-31	$3.58B	8.09%
2017-12-31	$3.31B	-2.53%
2017-09-30	$3.40B	11.30%
2017-06-30	$3.05B	11.67%
2017-03-31	$2.73B	-0.80%
2016-12-31	$2.76B	-4.31%
2016-09-30	$2.88B	6.90%
2016-06-30	$2.69B	10.14%
2016-03-31	$2.45B	-2.82%
2015-12-31	$2.52B	-0.51%
2015-09-30	$2.53B	5.86%
2015-06-30	$2.39B	7.17%
2015-03-31	$2.23B	-7.70%
2014-12-31	$2.42B	-3.48%
2014-09-30	$2.50B	5.30%
2014-06-30	$2.38B	9.19%
2014-03-31	$2.18B	2.40%
2013-12-31	$2.13B	-4.15%
2013-09-30	$2.22B	5.82%
2013-06-30	$2.10B	9.97%
2013-03-31	$1.91B	0.58%
2012-12-31	$1.90B	-1.20%
2012-09-30	$1.92B	5.38%
2012-06-30	$1.82B	3.53%
2012-03-31	$1.76B	1.74%
2011-12-31	$1.73B	-4.95%
2011-09-30	$1.82B	9.06%
2011-06-30	$1.67B	11.06%
2011-03-31	$1.50B	4.38%
2010-12-31	$1.44B	0.70%
2010-09-30	$1.43B	4.62%
2010-06-30	$1.36B	4.36%
2010-03-31	$1.31B	0.74%
2009-12-31	$1.30B	-4.83%
2009-09-30	$1.36B	6.59%
2009-06-30	$1.28B	10.71%
2009-03-31	$1.16B	-5.61%
2008-12-31	$1.22B	-8.47%
2008-09-30	$1.34B	7.35%
2008-06-30	$1.25B	5.45%
2008-03-31	$1.18B	-

Mastercard generated $8.60B in revenue during Q3 2025, up 5.77% compared to the previous quarter, and up 123.57% compared to the same period a year ago.

Mastercard Revenue Breakdown

Mastercard Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Payment Network	$19.48B	$17.34B	$15.82B	$14.36B	-
Value-Added Services And Solutions	$13.31B	$10.83B	$9.27B	$7.88B	-
Cross-border Volume Fees	-	-	-	-	$4.66B
Transaction Processing	-	-	-	-	$10.80B
Other Revenues	-	-	-	-	$6.22B
Domestic Assessments	-	-	-	-	$8.16B

Mastercard's latest annual revenue breakdown by segment (product or service), as of Dec 25: Payment Network (59.39%), and Value-Added Services And Solutions (40.61%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Payment Network	$4.92B	$5.18B	$4.95B	$4.43B	$4.41B	$4.63B	$4.38B	$3.92B	$3.89B	$4.21B	$4.07B	-	-	-	-	-	-	-	-	-
Value-Added Services And Solutions	$3.89B	$3.42B	$3.19B	$2.82B	$3.08B	$2.74B	$2.59B	$2.43B	$2.66B	$2.32B	$2.20B	-	-	-	-	-	-	-	-	-
Transaction Processing	-	-	-	-	-	-	-	-	-	-	-	$3.29B	$3.06B	$2.91B	$2.99B	$2.85B	$2.61B	$2.35B	$2.38B	$2.25B
Cross-border Volume Fees	-	-	-	-	-	-	-	-	-	-	-	$1.80B	$1.61B	$1.40B	$1.38B	$1.28B	$1.08B	$932.00M	$867.00M	$791.00M
Domestic Assessments	-	-	-	-	-	-	-	-	-	-	-	$2.25B	$2.28B	$2.13B	$2.17B	$2.14B	$2.06B	$1.80B	$1.75B	$1.75B
Other Revenues	-	-	-	-	-	-	-	-	-	-	-	$1.82B	$1.75B	$1.58B	$1.84B	$1.56B	$1.48B	$1.35B	$1.43B	$1.14B

Mastercard's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Payment Network (55.87%), and Value-Added Services And Solutions (44.13%).

Mastercard Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Americas	$14.04B	$12.38B	-	-	-
International Markets	$18.75B	$15.79B	$16.74B	$14.43B	-
North America	-	$12.38B	$8.36B	$7.81B	$6.59B

Mastercard's latest annual revenue breakdown by geography, as of Dec 25: International Markets (57.17%), and Americas (42.83%).

Quarterly Revenue by Country

Country	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
International Markets	$4.97B	$4.95B	$4.73B	$4.10B	$4.21B	$4.21B	$3.80B	$3.58B	$4.33B	$4.42B	$4.13B	-	-	-	-	-	-	-	-	-
North America	-	$3.65B	$3.41B	$3.15B	$3.16B	$3.16B	$2.77B	$2.22B	$2.11B	$2.14B	$1.90B	$2.13B	$2.00B	$1.98B	$1.70B	$1.79B	$1.71B	$1.60B	$1.49B	-

Mastercard's latest quarterly revenue breakdown by geography, as of Dec 25: International Markets (100.00%).

Mastercard Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AXP	American Express	$80.46B	$20.56B
COF	Capital One Financial	$69.25B	$19.72B
V	Visa	$40.00B	$10.90B
PYPL	PayPal	$33.17B	$8.42B
MA	Mastercard	$32.79B	$8.60B
ALLY	Ally Financial	$12.15B	$3.97B
SOFI	SoFi	$4.77B	$1.27B
UPST	Upstart	$1.04B	$277.11M

MA Revenue FAQ

What is Mastercard’s yearly revenue?

Mastercard's yearly revenue for 2025 was $32.79B, representing an increase of 16.42% compared to 2024. The company's yearly revenue for 2024 was $28.17B, representing an increase of 12.23% compared to 2023. MA's yearly revenue for 2023 was $25.1B, representing an increase of 12.87% compared to 2022.

What is Mastercard’s quarterly revenue?

Mastercard's quarterly revenue for Q3 2025 was $8.6B, a 5.77% increase from the previous quarter (Q2 2025), and a 16.73% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $8.13B, a 12.18% increase from the previous quarter (Q1 2025), and a 16.84% increase year-over-year (Q2 2024). MA's quarterly revenue for Q1 2025 was $7.25B, a -3.19% decrease from the previous quarter (Q4 2024), and a 14.21% increase year-over-year (Q1 2024).

What is Mastercard’s revenue growth rate?

Mastercard's revenue growth rate for the last 3 years (2023-2025) was 30.65%, and for the last 5 years (2021-2025) was 73.64%.

What are Mastercard’s revenue streams?

Mastercard's revenue streams in c 25 are Payment Network, and Value-Added Services And Solutions. Payment Network generated $19.48B in revenue, accounting 59.39% of the company's total revenue, up 12.35% year-over-year. Value-Added Services And Solutions generated $13.32B in revenue, accounting 40.61% of the company's total revenue, up 22.92% year-over-year.

What is Mastercard’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Mastercard was Payment Network. This segment made a revenue of $19.48B, representing 59.39% of the company's total revenue.