Mastercard Inc
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $32.8B | $28.2B | $25.1B | $22.2B | $29.8B |
| Operating expenses | $13.9B | $12.6B | $11.1B | $10.0B | $8.8B |
| Operating income | $18.9B | $15.6B | $14.0B | $12.3B | $10.1B |
| Interest expense | $722.0M | $646.0M | $575.0M | $471.0M | $431.0M |
| Pretax income | $18.6B | $15.3B | $13.6B | $11.7B | $10.3B |
| Income tax expense | $3.6B | $2.4B | $2.4B | $1.8B | $1.6B |
| Net income | $15.0B | $12.9B | $11.2B | $9.9B | $8.7B |
| Balance Sheet | |||||
| Cash and equivalents | $10.6B | $8.4B | $8.6B | $7.0B | $7.4B |
| Current assets | $23.6B | $19.7B | $19.0B | $16.6B | $16.9B |
| Total assets | $54.2B | $48.1B | $42.4B | $38.7B | $37.7B |
| Current liabilities | $22.8B | $19.2B | $16.3B | $14.2B | $13.2B |
| Total liabilities | $46.4B | $41.6B | $35.5B | $32.3B | $30.3B |
| Total debt | $19.0B | $18.2B | $15.7B | $14.0B | $13.9B |
| Stockholders' equity | $7.7B | $6.5B | $6.9B | $6.3B | $7.3B |
| Cash Flow Statement | |||||
| Cash from operations | $17.6B | $14.8B | $12.0B | $11.2B | $9.5B |
| Depreciation and amortization | $1.1B | $897.0M | $799.0M | $750.0M | $726.0M |
| Stock-based compensation | $597.0M | $526.0M | $460.0M | $295.0M | $273.0M |
| Capital expenditure | $489.0M | $474.0M | $371.0M | $442.0M | $407.0M |
| Free cash flow | $17.2B | $14.3B | $11.6B | $10.8B | $9.1B |
| Dividends paid | $2.8B | $2.4B | $2.2B | $1.9B | $1.7B |
| Share repurchases | $11.7B | $11.0B | $9.0B | $8.8B | $5.9B |
Shares outstanding 883.6M
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.