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Company Dossier · Financials

Mastercard

MANYSETransaction & Payment Processing ServicesWILMINGTON, US-DE, USMega capWebsite ↗
  • S&P 500
  • S&P 100
  • Russell 1000

What Mastercard is doing, read from its filings, its own words and the news, with every figure dated and sourced. Not investment advice: no ratings, no price targets.

Open the full company record in Palanor: guidance, KPIs, ownership, calls, prices →

The latest read

Computed from the data on Oct 22, 2026. Every figure links back to its source in the sections below.

  • Revenue over the four quarters to June 30, 2026: $35.1 billion, up 16% from a year earlier.SEC EDGAR filings (XBRL)
  • Free cash flow (operating cash flow minus capital expenditure) over the four quarters to June 30, 2026: $16.7 billion, up 0.9% from a year earlier.SEC EDGAR filings (XBRL)
  • Capital expenditure over the four quarters to June 30, 2026: $0.74 billion, up 85% from a year earlier.SEC EDGAR filings (XBRL)
  • Share buybacks in the fiscal year to December 31, 2025: $11.7 billion.SEC EDGAR filings (10-K)
  • Long-term debt issued in the fiscal year to December 31, 2025: $1.24 billion.SEC EDGAR filings (10-K)
  • Latest earnings call or results release (July 30, 2026): sentiment 0.60 on a −1 to +1 scale (mixed), confidence 0.80 of 1.Palanor Discourse
  • Latest annual report (filed February 11, 2026): 0 risk factors added, 0 removed.Risk Factor Changes (10-K Item 1A)
  • Insiders were net sellers in Q3 2026: $62.1 million on the open market.SEC Form 4
  • 3,638 institutional managers reported a position at June 30, 2026 (+4 on the quarter before).SEC Form 13F
  • H-1B filings certified in Q2 2026: 123 (259 a year earlier).U.S. Department of Labor (OFLC)
  • Headlines in the last 30 days: 6, of which 1 read positive and 0 negative.Palanor headline tone

Company Posture

How Company Posture is measured →

What Mastercard is doing, on three axes, from its filings and its own words, as of 2026-10-22. A description, not a rating: Company Posture never says whether to buy.

Steady · Mixed

Expanding ↔ Retrenching

Steady

RetrenchingExpanding

Confident ↔ Hedging

Mixed

HedgingConfident

Pressure

Components only: Not yet shown as a score: in the back-test it did not add to a naive reader's forecast of impairment, debt acceleration or bankruptcy filings (8-K 2.06, 2.04, 1.03) (not enough events (17 in half 1; needs 20)).

Credit

How these are built →

Mastercard's borrowing from its SEC filings: the bonds it priced and the debt on its latest balance sheet. A description, not a rating.

Bonds priced, last 12 months

$5.0B

U.S. dollar tranches with a term sheet on EDGAR. Deals sold under Rule 144A file none and are not counted.

PricedAmountCouponMaturesSpreadYield
Jun 4, 2026—SOFR + 39bp———
Jun 4, 2026$1.25B4.325%2028 (2y)+28bp4.329%
Jun 4, 2026$1.15B4.425%2029 (3y)+33bp4.432%
Jun 4, 2026$1.35B4.600%2031 (5y)+43bp4.618%
Jun 4, 2026$750M5.000%2036 (10y)+53bp5.005%
Jun 4, 2026$500MSOFR + 39bp2028 (2y)——
Feb 18, 2025—SOFR + 44bp———
Feb 18, 2025$450M4.550%2028 (3y)+25bp4.576%
Feb 18, 2025$500M4.950%2032 (7y)+50bp4.980%
Feb 18, 2025$300MSOFR + 44bp2028 (3y)——
Sep 3, 2024$1.1B4.550%2035 (10y)+72bp4.578%
Sep 3, 2024$1.15B4.350%2032 (7y)+62bp4.370%

From the pricing term sheets Mastercard filed with the SEC. Spread is to the benchmark Treasury (or Bund, Gilt) at pricing.

Charts

Live charts: each one redraws from today’s data and has an image link to paste into a document or slide.

Cash flow

Business

Mastercard: free cash flow, trailing twelve months

Operating cash flow minus capital expenditure, $ billions, from SEC filings

$16.7BData to Jun 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

Mastercard: operating cash flow and capital expenditure

Trailing twelve months, $ billions, from SEC filings

Data to Jun 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

Mastercard: revenue, trailing twelve months

$ billions, from SEC filings

$35.1BData to Jun 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR

Capital returned and raised

Business

Mastercard: share buybacks by fiscal year

Cash paid to repurchase common stock, $ billions, from the 10-K

$11.7BData to Dec 2025
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

Mastercard: debt issued and repaid by fiscal year

Long-term debt, $ billions, from the 10-K

Data to Dec 2025
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

Mastercard: debt maturity schedule, latest annual report

Scheduled repayments of long-term debt principal by year from the fiscal year end, $ billions, from the 10-K

Data to Dec 2025
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

Mastercard: debt due within a year and cash

At each balance-sheet date, $ billions, from SEC filings

Data to Jun 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

Mastercard: interest coverage

Operating income ÷ interest expense, trailing twelve months, from SEC filings

27.4Data to Jun 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR

What the company says

Business

Mastercard: earnings call sentiment

Palanor Discourse score per call, −1 to +1

0.60Data to Jul 2026
ImageDataPalanor calculation
Business

Mastercard: earnings call confidence

Palanor Discourse score per call, 0 to 1

0.80Data to Jul 2026
ImageDataPalanor calculation
Business

Mastercard: risk factors added per annual report

New Item 1A risk factors in each 10-K

0.0Data to Feb 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR

Hiring and ownership

Business

Mastercard: H-1B filings certified

Labor Condition Applications by quarter received

123.0Data to Jun 2026
ImageDataU.S. Department of Labor, Office of Foreign Labor Certification disclosure data, dol.gov
Business

Mastercard: insider net buying

Open-market purchases minus sales by officers and directors, $ millions, by quarter

−$62.1MData 23 days ago
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

Mastercard: institutional holders

Managers reporting a position on Form 13F, by quarter

3,638Data to Jun 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR

News

Business

Mastercard: headline tone

Net share of positive headlines, trailing 28 days, −1 to +1

0.00Data 6 days ago
ImagePalanor calculation from news headlines (tone words only)

In the news

Headlines that name Mastercard, with the publisher and a link. The tone is read from each headline’s own words, never from a summary of the article.

30 days
6 headlines
17% positive · 0% negative
90 days
6 headlines
17% positive · 0% negative

Filings and records

The last two years of notable 8-Ks, offerings, annual reports, federal awards, lobbying reports, patents and other public records, newest first.

  1. Oct 21, 2026Lobbying
    Lobbying report (CGCN GROUP, LLC)third_quarter 2026 · $0.1 million
  2. Oct 20, 2026Lobbying
    Lobbying report (RIDGE PATH STRATEGIES)third_quarter 2026 · $0.0 million
  3. Oct 20, 2026Lobbying
    Lobbying report (RESOLUTION PUBLIC AFFAIRS, LLC)third_quarter 2026 · $0.1 million
  4. Oct 20, 2026Lobbying
    Lobbying report (MASTERCARD WORLDWIDE)third_quarter 2026 · $1.9 million
  5. Oct 20, 2026Lobbying
    Lobbying report (9TH STREET STRATEGIES)third_quarter 2026 · $0.0 million
  6. Oct 20, 2026Lobbying
    Lobbying report (THE RABEN GROUP)third_quarter 2026
  7. Oct 20, 2026Lobbying
    Lobbying report (BGR GOVERNMENT AFFAIRS)third_quarter 2026 · $0.1 million
  8. Oct 20, 2026Lobbying
    Lobbying report (TIBER CREEK GROUP)third_quarter 2026 · $0.1 million
  9. Oct 20, 2026Patent
    Patent granted: METHOD AND SYSTEM OF ASSOCIATING CUSTOM CARD DESIGNS WITH NON-FUNGIBLE TOKENSUS 12771550
  10. Oct 20, 2026Patent
    Patent granted: DETERMINING MORE ACCURATE LABELS FOR NODES IN A GRAPHUS 12770155
  11. Oct 20, 2026Patent
    Patent granted: METHOD AND SYSTEM FOR FRAUD PREVENTIONUS 12770150
  12. Oct 13, 2026Patent
    Patent granted: SPECIFICATION MAPPING AND MESSAGE CORRECTION FOR REDUCING MESSAGE REJECTIONSUS 12762008
  13. Oct 13, 2026Patent
    Patent granted: SYSTEMS AND METHODS FOR IDENTIFYING SYNTHETIC PARTY IDENTITIES ASSOCIATED WITH NETWORK COMMUNICATIONSUS 12762562
  14. Jun 17, 20268-K
    Shareholder vote resultsItem 5.07
  15. Jun 2, 20268-K
    Director or officer changeItem 5.02
  16. May 7, 20268-K
    Director or officer changeItem 5.02
  17. Feb 11, 202610-K
    Annual report (10-K)0 risk factors added, 0 removed
  18. Feb 5, 20268-K
    Director or officer changeItem 5.02
  19. Nov 12, 20258-K
    Material agreement signedItem 1.01
  20. Jun 26, 20258-K
    Shareholder vote resultsItem 5.07
  21. Feb 26, 20258-K
    Director or officer changeItem 5.02
  22. Feb 12, 202510-K
    Annual report (10-K)0 risk factors added, 0 removed
  23. Feb 10, 20258-K
    Director or officer changeItem 5.02
  24. Feb 13, 202410-K
    Annual report (10-K)0 risk factors added, 1 removed

Peers

Companies in the same industry in the S&P 500, Russell 1000 or MidCap 400, closest in revenue first. Trailing twelve months, from SEC filings.

CompanyRevenueFree cash flowThrough
PayPal PYPL$33.7B$5.5BMar 31, 2026
Block, Inc. XYZ$25.0B$3.9BJun 30, 2026
Fidelity National Information Services FIS$12.2B$2.8BJun 30, 2026
Global Payments GPN$10.2B$0.8BJun 30, 2026
Toast, Inc. TOST$6.8B$0.6BJun 30, 2026
Corpay CPAY$5.0B$1.6BJun 30, 2026
Euronet Worldwide EEFT$4.4B$0.3BJun 30, 2026
Jack Henry & Associates JKHY$2.5B$0.7BJun 30, 2026

Identity

SEC CIK
1141391
LEI
AR5L2ODV9HN37376R084
Wikidata
Q489921
SAM UEI
G3BFMFN6FZ68

Built from SEC EDGAR filings (public domain), the Guidance and KPI Ledgers, Palanor Discourse, U.S. Department of Labor filings, USPTO, USAspending and Senate lobbying records, and rights-checked news headlines. Updated nightly; this page was built Oct 22, 2026. How the Dossier is built

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