Mastercard Incorporated (MA) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MA Revenue Growth
Revenue Breakdown (FY 2025)
MA's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MA Revenue Analysis (2014–2025)
As of May 6, 2026, Mastercard Incorporated (MA) generated trailing twelve-month (TTM) revenue of $33.94 billion, reflecting strong growth of +15.8% year-over-year. The most recent quarter (Q1 2026) recorded $8.40 billion in revenue, down 4.6% sequentially.
Looking at the longer-term picture, MA's 5-year compound annual growth rate (CAGR) stands at +16.5%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $32.79 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows MA's business is primarily driven by Payment Network (59%), and Value-Added Services And Solutions (41%). With over half of revenue concentrated in Payment Network, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including V, AXP, and PYPL, MA has outperformed the peer group in terms of revenue growth. Compare MA vs V →
MA Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MACurrent | $33.9B | +15.8% | +16.5% | 59.2% | |
 V | $40.0B | - | - | 60.0% | |
 AXP | $80.5B | - | - | 17.1% | |
 PYPL | $33.2B | - | - | 18.3% | |
 FIS | $10.7B | +7.6% | -3.2% | 16.5% | |
 FISV | $21.2B | +1.9% | +7.4% | 26.9% |
MA Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $32.79B | - | $27.36B | 83.4% | $19.40B | 59.2% |
| 2024 | $28.17B | - | $21.49B | 76.3% | $15.58B | 55.3% |
| 2023 | $25.10B | - | $19.08B | 76.0% | $14.01B | 55.8% |
| 2022 | $22.24B | - | $16.97B | 76.3% | $12.26B | 55.2% |
| 2021 | $18.88B | - | $14.39B | 76.2% | $10.08B | 53.4% |
| 2020 | $15.30B | - | $11.51B | 75.3% | $8.08B | 52.8% |
| 2019 | $16.88B | - | $13.35B | 79.0% | $9.66B | 57.2% |
| 2018 | $14.95B | - | $11.74B | 78.5% | $7.28B | 48.7% |
| 2017 | $12.50B | - | $9.81B | 78.5% | $6.62B | 53.0% |
| 2016 | $10.78B | - | $8.55B | 79.4% | $5.76B | 53.5% |
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Start ComparisonMA — Frequently Asked Questions
Quick answers to the most common questions about buying MA stock.
Is MA's revenue growth accelerating or slowing?
MA revenue is accelerating at +15.8% year-over-year, exceeding the 5-year CAGR of +16.5%. TTM revenue reached $33.9B. Growth momentum has increased versus prior periods.
What is MA's long-term revenue growth rate?
Mastercard Incorporated's 5-year revenue CAGR of +16.5% reflects the sustained expansion pattern. Current YoY growth of +15.8% is above this long-term average.
How is MA's revenue distributed by segment?
MA reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.