Mastercard (MA) Q2 FY26 earnings call

Earnings call· Jun 2026 (Q2 FY26)· Financials· Jul 30, 2026

Source: earnings call transcript

Mastercard delivered a strong Q2 FY26, exceeding expectations with robust growth in net revenue and value-added services, supported by a healthy macro environment and strategic execution. The company is actively shaping the future of commerce through initiatives like Agentic Commerce and stablecoins, while navigating geopolitical uncertainties and leveraging its diversified business model.

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MA operating KPIs by quarter

MA operating KPIs stated on its earnings calls, by fiscal quarter
KPI	Dec 2024 Q4 FY24	Mar 2025 Q1 FY25	Sep 2025 Q3 FY25	Dec 2025 Q4 FY25	Mar 2026 Q1 FY26	Change vs prior quarter
Cards	3.5B Globally, there are 3.5 billion Mastercard and Maestro-branded cards issued. Source: earnings call transcript	3.5B Globally, there are 3.5 billion Mastercard and Maestro-branded cards issued. Source: earnings call transcript	3.6B Globally, there are 3.6 billion Mastercard and Maestro-branded cards issued. Source: earnings call transcript	3.7B Globally, there are 3.7 billion Mastercard and Maestro-branded cards issued. Source: earnings call transcript	3.7B Globally, there are 3.7 billion Mastercard and Maestro-branded cards issued. Source: earnings call transcript	0%

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.