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Mastercard Inc
Services-Business Services, NEC · DE · CIK 1141391
Mastercard Inc connects organizations worldwide by enabling secure, simple, smart, and accessible electronic payment transactions
red 8-K · 90d🔥 High media attention
$432.94B
Market cap
$509.64
Last close
+2.1%
1D
+5.3%
5D
4.8M
Volume
Price · last 39 sessions+1.0%
May 4L $471.55 · H $509.64Jun 29
156
Total filings
Jun 17, 2026
Last filing
12/31
Fiscal year end
8-KShareholder VoteJun 17, 20268-KCompany UpdateJun 8, 2026DEFA14ADEFA14AJun 2, 20268-KExecutive ChangeJun 2, 20268-KExecutive ChangeMay 7, 202610-Q10-QApr 30, 20268-KResults of OperationsApr 30, 2026DEFA14ADEFA14AApr 27, 2026DEF 14ADEF 14AApr 27, 202610-K10-KFeb 11, 20268-KExecutive ChangeFeb 5, 20268-KResults of OperationsJan 29, 20268-KMaterial AgreementNov 12, 20258-KCompany UpdateNov 10, 202510-Q10-QOct 30, 20258-KResults of OperationsOct 30, 202510-Q10-QJul 31, 20258-KResults of OperationsJul 31, 20258-KBylaw Amendment · Shareholder VoteJun 26, 202510-Q10-QMay 1, 20258-KResults of OperationsMay 1, 2025DEFA14ADEFA14AApr 28, 2025DEF 14ADEF 14AApr 28, 20258-KCompany UpdateFeb 27, 20258-KExecutive ChangeFeb 26, 202510-K10-KFeb 12, 20258-KExecutive ChangeFeb 10, 20258-KResults of OperationsJan 30, 20258-KReg FD DisclosureNov 13, 202410-Q10-QOct 31, 20248-KResults of OperationsOct 31, 20248-KCompany UpdateSep 5, 202410-Q10-QJul 31, 20248-KResults of OperationsJul 31, 20248-K/ACompany UpdateJun 28, 20248-KShareholder VoteJun 21, 20248-KCompany UpdateMay 9, 202410-Q10-QMay 1, 20248-KResults of OperationsMay 1, 2024DEFA14ADEFA14AApr 26, 2024DEF 14ADEF 14AApr 26, 2024SC 13GFORM SC 13GApr 15, 20248-KCompany UpdateMar 26, 202410-K10-KFeb 13, 2024SC 13GSC 13GFeb 7, 20248-KResults of OperationsJan 31, 20248-KBylaw AmendmentDec 11, 202310-Q10-QOct 26, 20238-KResults of OperationsOct 26, 202310-Q10-QJul 27, 20238-KResults of OperationsJul 27, 20238-KShareholder VoteJun 29, 20238-K/AExecutive ChangeMay 19, 2023DEFA14ADEFA14AApr 28, 2023DEF 14ADEF 14AApr 28, 202310-Q10-QApr 27, 20238-KResults of OperationsApr 27, 20238-KCompany UpdateMar 9, 20238-KExecutive ChangeMar 3, 20238-KReg FD DisclosureFeb 14, 202310-K10-KFeb 14, 20238-KResults of OperationsJan 26, 20238-KMaterial AgreementNov 14, 202210-Q10-QOct 27, 20228-KResults of OperationsOct 27, 202210-Q10-QJul 28, 20228-KResults of OperationsJul 28, 20228-KBylaw Amendment · Shareholder VoteJun 24, 2022DEFA14ADEFA14AMay 5, 2022DEFA14ADEFA14AApr 29, 2022DEF 14ADEF 14AApr 29, 202210-Q10-QApr 28, 20228-KResults of OperationsApr 28, 20228-KReg FD DisclosureMar 7, 20228-KCompany UpdateMar 1, 20228-KCompany UpdateFeb 22, 202210-K10-KFeb 11, 20228-K/AExecutive ChangeFeb 10, 20228-K/AExecutive ChangeFeb 10, 20228-KExecutive ChangeFeb 9, 2022
Insider Activity
In the 90 days to Feb 24, 2026: 1 sold $4.5M.
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| Feb 24, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 4,485 | $495.71 | $2.2M |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 610 | $493.24 | $301K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 512 | $506.07 | $259K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 454 | $507.01 | $230K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 440 | $504.96 | $222K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 360 | $492.17 | $177K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 294 | $495.18 | $146K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 240 | $509.54 | $122K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 241 | $490.90 | $118K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 200 | $508.15 | $102K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 160 | $512.22 | $82K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 120 | $519.34 | $62K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 120 | $513.43 | $62K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 120 | $502.75 | $60K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 120 | $494.09 | $59K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 82 | $510.93 | $42K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 80 | $521.56 | $42K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 80 | $500.84 | $40K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 80 | $497.71 | $40K |
| Feb 23, 2026 | Ling HaiPresident, AP, Europe, MEA | Sell | 52 | $496.00 | $26K |
Open-market buys & sells (Form 4, transaction codes P/S). Source: SEC structured insider data.
What Changed
Risk factors · Feb 12, 2025 → Feb 11, 202638 added · 38 removed between the two most recent 10-Ks. The risks a company starts — or stops — disclosing are often the story.
Newly disclosed
- FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Targeted Improvements to the Accounting for Internal-Use Software - In September 2025, the FASB issued accounting guidance to modernize the accounting for internal-use software costs by eliminating the consideration of project development stages and clarifying the criteria for capitalization.
- The estimated remaining performance obligations related to these revenues are subject to change and are affected by several factors, including modifications and terminations and are not expected to be material to any future annual period. 83 MASTERCARD 2025 FORM 10-K PART II ITEM 8.
- Accounting for Government Grants Received by Business Entities - In December 2025, the FASB issued accounting guidance on the recognition, measurement and presentation for government grants received by business entities.
- (2) it is more likely than not that it will be required to sell the security before recovery of the amortized cost basis; 77 MASTERCARD 2025 FORM 10-K PART II ITEM 8.
- At each balance sheet date, unresolved uncertain tax positions are reassessed to MASTERCARD 2025 FORM 10-K 76 PART II ITEM 8.
- (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.
- This guidance is effective for fiscal years beginning after December 15, 2027, including interim periods.
- This guidance is effective for fiscal years beginning after December 15, 2028, including interim periods.
- Cash Flows The table below shows a summary of the cash flows from operating, investing and financing activities: For the Years Ended December 31, 2025 2024 2023 (in millions) Net cash provided by operating activities $ 17,648 $ 14,780 $ 11,980 Net cash used in investing activities (1,362) (3,402) (1,351) Net cash used in financing activities (14,179) (10,836) (9,488) Net cash provided by operating activities increased $2.9 billion in 2025 versus the prior year, primarily due to higher net income after adjusting for non-cash items.
- Net cash used in investing activities decreased $2.0 billion in 2025 versus the prior year, primarily due to less cash paid for business acquisitions and lower purchases of investment securities, partially offset by lower proceeds from maturities and sales of investment securities.
- Debt and Credit Availability In February 2025, we issued $300 million principal amount of Floating Rate Notes due March 2028, $450 million principal amount of 4.550% notes due March 2028 and $500 million principal amount of 4.950% notes due March 2032 (collectively, the “2025 USD Notes”).
- The following table sets forth the location of the amounts recognized on the consolidated balance sheets from contracts with customers at December 31: 2025 2024 (in millions) Receivables from contracts with customers Accounts receivable $ 4,010 $ 3,491 Contract assets Prepaid expenses and other current assets 189 210 Other assets 508 460 Deferred revenue 1 Other current liabilities 1,137 890 Other liabilities 424 449 1 Revenue recognized from performance obligations satisfied in 2025 was $ 3.5 billion.
No longer disclosed
- MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Cash Flows The table below shows a summary of the cash flows from operating, investing and financing activities: For the Years Ended December 31, 2024 2023 2022 (in millions) Net cash provided by operating activities $ 14,780 $ 11,980 $ 11,195 Net cash used in investing activities $ (3,402) $ (1,351) $ (1,470) Net cash used in financing activities $ (10,836) $ (9,488) $ (10,328) Net cash provided by operating activities increased $2.8 billion in 2024 versus the prior year, primarily due to higher net income after adjusting for non-cash items, an increase in billing collections, and less cash paid for litigation settlement, partially offset by a decrease in restricted security deposits received from customers.
- (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (iii) provide reasonable 63 MASTERCARD 2024 FORM 10-K PART II ITEM 8.
- FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Accounting Pronouncements Not Yet Adopted Improvements to Income Tax Disclosures - In December 2023, the Financial Accounting Standards Board (“FASB”) issued accounting guidance to enhance the transparency and decision usefulness of income tax disclosures.
- If redemption value exceeds the fair value of the redeemable non-controlling interests, the excess would be a reduction to net income for the EPS calculation. 77 MASTERCARD 2024 FORM 10-K PART II ITEM 8.
- The credit loss component of the impairment is recognized as an allowance and recorded in other income (expense), net on the consolidated statements of MASTERCARD 2024 FORM 10-K 74 PART II ITEM 8.
- This guidance is effective for annual periods beginning after December 15, 2024, with early adoption permitted.
- FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.
- As the assumptions employed to measure these assets are based on MASTERCARD 2024 FORM 10-K 72 PART II ITEM 8.
- The Company will adopt this guidance in its Form 10-K for the year ended December 31, 2025.
- Net cash used in investing activities increased $2.1 billion in 2024 versus the prior year, primarily due to cash paid for business acquisitions in the current year, partially offset by a net decrease in purchases of investments in time deposits.
- During 2024, we issued a total of $4 billion of debt, as follows: • In May 2024, we issued $1 billion principal amount of notes due May 2034 • In September 2024, we issued $750 million principal amount of notes due January 2028, $1,150 million principal amount of notes due January 2032 and $1,100 million principal amount of notes due January 2035 The issuances in 2024 are collectively referred to as the “2024 USD Notes”.
- Recorded Future is a wholly-owned subsidiary whose total assets and total revenues excluded from management’s assessment of internal controls represented approximately 1% and less than 1%, respectively, of the related consolidated financial statement amounts as of and for the year ended December 31, 2024.
In the News
🔥 High media attentionCoverage (30d): 15 reputable articles · skews ▲ positive.
MarketWatchMastercard Inc. stock outperforms competitors on strong trading day13h agoMarketWatchMastercard Inc. stock underperforms Wednesday when compared to competitors12d agoMarketWatchMastercard Inc. stock underperforms Tuesday when compared to competitors despite daily gains13d agoMorningstarMastercard Benefits From a Wide Moat and Favorable Industry Trends24d agoMarketWatchMastercard Inc. stock underperforms Thursday when compared to competitors despite daily gains25d agoCNBCMastercard is a great business to look at outside of the AI space: Argent Capital's Jed Ellerbroek26d ago
Reputable outlets only (Reuters, WSJ, CNBC, Barron's, and peers). More on Google News ↗
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