MA · Q2 FY25 · Apr 1 – Jun 30, 2025
Mastercard Q2 FY25: where the revenue came from and where it went
Mastercard Q2 FY25: revenue $8.1B (+17% year over year). Net profit $3.7B. Largest cohort Payment Network $4.9B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Apr 1 – Jun 30, 2025
- Reported
- Jul 31, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$8.1B
+17% year over year
Operating profit$4.8B
59% margin
Net profit$3.7B
46% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 8.1 | 100% | +17% |
| Payment Network | 4.9 | 60% | +13% |
| Value Added Services and | 3.2 | 40% | +23% |
| General and administrative | −2.9 | 34% | +0pp |
| Depreciation and amortization | −0.3 | 3% | +0pp |
| Advertising and marketing | −0.2 | 3% | +0pp |
| Operating profit | 4.8 | 59% margin | +1pp |
| Tax | −1 | ||
| Interest & other costs | −0.1 | ||
| Net profit | 3.7 | 46% | −1pp |
Older quarters
-
Q2 FY26 6/2026Revenue $9.3B Net margin 47%
-
Q1 FY26 3/2026Revenue $8.4B Net margin 46%
-
Q3 FY25 9/2025Revenue $8.6B Net margin 46%
-
Q1 FY25 3/2025Revenue $7.3B Net margin 45%
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