Mastercard Q4 FY25: where the revenue came from and where it went
The whole income statement of Mastercard for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Oct 1 – Dec 31, 2025
- Reported
- Feb 11, 2026
Revenue$8.8B
+18% year over year
Gross profit$8.0B
91% margin
Operating profit$4.9B
56% margin
Net profit$4.1B
46% margin
Figures in billions of dollars.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 8.8 | 100% | +18% |
| Payment network | 4.9 | 56% | +12% |
| Value added services & | 3.9 | 44% | +26% |
| Cost of revenue | −0.8 | 9% | |
| Gross profit | 8.0 | 91% margin | +2pp |
| G&A | −3.1 | 35% | −1pp |
| Operating profit | 4.9 | 56% margin | +3pp |
| Tax | −0.9 | ||
| Net profit | 4.1 | 46% margin | +1pp |
232 of 418 companies, most recently reported first
New results in your inbox
When a big company reports, we send you a link to its diagram before anyone has time to comment on it. This is a mailing list, not an account: it does not open the diagrams by itself. No spam, one-click unsubscribe.
Drag or use the arrow keys to see the rest