FINHUB Insights

MA · Q1 FY25 · Jan 1 – Mar 31, 2025

Mastercard Q1 FY25: where the revenue came from and where it went

Mastercard Q1 FY25: revenue $7.3B (+14% year over year). Net profit $3.3B. Largest cohort Payment Network $4.4B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2025
Reported
May 1, 2025 10-Q
Sankey diagram of Mastercard's income statement for Q1 FY25: revenue of $7.3 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$7.3B +14% year over year
Operating profit$4.1B 57% margin
Net profit$3.3B 45% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
ItemValueShare of revenueYear over year
Revenue 7.3 100% +14%
Payment Network 4.4 60% +13%
Value Added Services and 2.8 38% +16%
General and administrative−2.635%+0pp
Depreciation and amortization−0.34%+0pp
Advertising and marketing−0.22%+0pp
Operating profit4.157% margin+0pp
Tax−0.7
Interest & other costs−0.1
Net profit3.345%−2pp
Filing on EDGAR More quarters of MA

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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