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MA · Q2 FY2026 (Apr-Jun 2026)

Mastercard Q2 FY2026
Out of every $100 in sales, $60 was operating profit

Next earnings: Thu, Oct 29, before the open (expected)
Revenue
$9.3B
+14% vs. a year ago
Operating income
$5.6B
+17% vs. a year ago
Net income
$4.4B
+19% vs. a year ago
Operating margin
60%
59% → 60%

Where every $100 of sales went

Per $100 of sales
Revenue
$100
$9.3B
−G&A
−$33
$3.1B
−Other
−$6.6
$0.6B
Operating income
$60
$5.6B
−Taxes & non-operating items
−$13
$1.2B
Net income
$47
$4.4B

Last 8 quarters: revenue and operating income

54%FY24 Q353%FY24 Q457%FY25 Q159%FY25 Q259%FY25 Q356%FY25 Q458%FY26 Q160%FY26 Q2

Quarter by quarter

QuarterRevenueOperating incomeOperating marginNet income
Q2 FY2026 (Apr-Jun 2026)$9.3B$5.6B60.2%$4.4B
Q1 FY2026 (Jan-Mar 2026)$8.4B$4.9B58.4%$3.9B
Q4 FY2025 (Oct-Dec 2025)$8.8B$4.9B55.8%$4.1B
Q3 FY2025 (Jul-Sep 2025)$8.6B$5.1B58.8%$3.9B
Q2 FY2025 (Apr-Jun 2025)$8.1B$4.8B58.7%$3.7B
Q1 FY2025 (Jan-Mar 2025)$7.3B$4.1B57.2%$3.3B
Q4 FY2024 (Oct-Dec 2024)$7.5B$3.9B52.6%$3.3B
Q3 FY2024 (Jul-Sep 2024)$7.4B$4.0B54.3%$3.3B

XBRL figures from the company's 10-Q and 10-K filings with the SEC. The fourth quarter is the full year minus the first three. Where gross profit isn't reported, it is revenue minus cost of revenue. For information only, not investment advice.

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