FINHUB Insights

MA · Q3 FY25 · Jul 1 – Sep 30, 2025

Mastercard Q3 FY25: where the revenue came from and where it went

Mastercard Q3 FY25: revenue $8.6B (+17% year over year). Net profit $3.9B. Largest cohort Payment Network $5.2B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2025
Reported
Oct 30, 2025 10-Q
Sankey diagram of Mastercard's income statement for Q3 FY25: revenue of $8.6 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$8.6B +17% year over year
Operating profit$5.1B 59% margin
Net profit$3.9B 46% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 8.6 100% +17%
Payment Network 5.2 60% +12%
Value Added Services and 3.4 40% +25%
General and administrative−334%+0pp
Depreciation and amortization−0.33%+0pp
Advertising and marketing−0.23%+0pp
Operating profit5.159% margin+4pp
Tax−1.1
Interest & other costs−0.1
Net profit3.946%+1pp
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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