Mastercard (MA) Revenue & Revenue Breakdown

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Mastercard Revenue Highlights

Latest Revenue (Y)

$25.10B

Latest Revenue (Q)

$7.37B

Main Segment (Y)

Payment Network

Main Geography (Y)

International Markets

Mastercard Revenue by Period

Mastercard Revenue by Year

Date	Revenue	Change
2023-12-31	$25.10B	12.87%
2022-12-31	$22.24B	17.76%
2021-12-31	$18.88B	23.42%
2020-12-31	$15.30B	-9.37%
2019-12-31	$16.88B	12.93%
2018-12-31	$14.95B	19.63%
2017-12-31	$12.50B	15.97%
2016-12-31	$10.78B	11.47%
2015-12-31	$9.67B	2.05%
2014-12-31	$9.47B	13.50%
2013-12-31	$8.35B	12.92%
2012-12-31	$7.39B	10.08%
2011-12-31	$6.71B	21.21%
2010-12-31	$5.54B	8.64%
2009-12-31	$5.10B	2.15%
2008-12-31	$4.99B	22.72%
2007-12-31	$4.07B	22.29%
2006-12-31	$3.33B	13.22%
2005-12-31	$2.94B	13.28%
2004-12-31	$2.59B	16.25%
2003-12-31	$2.23B	17.92%
2002-12-31	$1.89B	17.41%
2001-12-31	$1.61B	11.48%
2000-12-31	$1.45B	32.64%
1998-12-31	$1.09B	-

Mastercard generated $25.10B in revenue during NA 2023, up 12.87% compared to the previous quarter, and up 167.88% compared to the same period a year ago.

Mastercard Revenue by Quarter

Date	Revenue	Change
2024-09-30	$7.37B	5.91%
2024-06-30	$6.96B	9.56%
2024-03-31	$6.35B	-3.01%
2023-12-31	$6.55B	0.23%
2023-09-30	$6.53B	4.21%
2023-06-30	$6.27B	9.06%
2023-03-31	$5.75B	-1.19%
2022-12-31	$5.82B	1.06%
2022-09-30	$5.76B	4.71%
2022-06-30	$5.50B	6.39%
2022-03-31	$5.17B	-0.94%
2021-12-31	$5.22B	4.63%
2021-09-30	$4.99B	10.09%
2021-06-30	$4.53B	8.98%
2021-03-31	$4.16B	0.85%
2020-12-31	$4.12B	7.38%
2020-09-30	$3.84B	15.05%
2020-06-30	$3.33B	-16.81%
2020-03-31	$4.01B	-9.18%
2019-12-31	$4.41B	-1.19%
2019-09-30	$4.47B	8.61%
2019-06-30	$4.11B	5.76%
2019-03-31	$3.89B	2.15%
2018-12-31	$3.81B	-2.33%
2018-09-30	$3.90B	6.36%
2018-06-30	$3.67B	2.37%
2018-03-31	$3.58B	8.09%
2017-12-31	$3.31B	-2.53%
2017-09-30	$3.40B	11.30%
2017-06-30	$3.05B	11.67%
2017-03-31	$2.73B	-0.80%
2016-12-31	$2.76B	-4.31%
2016-09-30	$2.88B	6.90%
2016-06-30	$2.69B	10.14%
2016-03-31	$2.45B	-2.82%
2015-12-31	$2.52B	-0.51%
2015-09-30	$2.53B	5.86%
2015-06-30	$2.39B	7.17%
2015-03-31	$2.23B	-7.70%
2014-12-31	$2.42B	-3.48%
2014-09-30	$2.50B	5.30%
2014-06-30	$2.38B	9.19%
2014-03-31	$2.18B	2.40%
2013-12-31	$2.13B	-4.15%
2013-09-30	$2.22B	5.82%
2013-06-30	$2.10B	9.97%
2013-03-31	$1.91B	0.58%
2012-12-31	$1.90B	-1.20%
2012-09-30	$1.92B	5.38%
2012-06-30	$1.82B	3.53%
2012-03-31	$1.76B	1.74%
2011-12-31	$1.73B	-4.95%
2011-09-30	$1.82B	9.06%
2011-06-30	$1.67B	11.06%
2011-03-31	$1.50B	4.38%
2010-12-31	$1.44B	0.70%
2010-09-30	$1.43B	4.62%
2010-06-30	$1.36B	4.36%
2010-03-31	$1.31B	0.74%
2009-12-31	$1.30B	-4.83%
2009-09-30	$1.36B	6.59%
2009-06-30	$1.28B	10.71%
2009-03-31	$1.16B	-5.61%
2008-12-31	$1.22B	-8.47%
2008-09-30	$1.34B	7.35%
2008-06-30	$1.25B	5.45%
2008-03-31	$1.18B	-

Mastercard generated $7.37B in revenue during Q3 2024, up 5.91% compared to the previous quarter, and up 117.55% compared to the same period a year ago.

Mastercard Revenue Breakdown

Mastercard Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Payment Network	$15.82B	$14.36B	-	-	-
Value-Added Services And Solutions	$9.27B	$7.88B	-	-	-
Cross-border Volume Fees	-	-	$4.66B	$3.51B	$5.61B
Transaction Processing	-	-	$10.80B	$8.73B	$8.47B
Other Revenues	-	-	$6.22B	$4.72B	$4.12B
Domestic Assessments	-	-	$8.16B	$6.66B	$6.78B

Mastercard's latest annual revenue breakdown by segment (product or service), as of Dec 23: Payment Network (63.05%), and Value-Added Services And Solutions (36.95%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
Payment Network	$4.63B	$4.38B	$3.92B	$3.89B	$4.21B	$4.07B	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Value-Added Services And Solutions	$2.74B	$2.59B	$2.43B	$2.66B	$2.32B	$2.20B	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cross-border Volume Fees	-	-	-	-	-	-	$1.80B	$1.61B	$1.40B	$1.38B	$1.28B	$1.08B	$932.00M	$867.00M	$791.00M	$637.00M	$1.22B	$1.45B	$1.52B	$1.37B
Domestic Assessments	-	-	-	-	-	-	$2.25B	$2.28B	$2.13B	$2.17B	$2.14B	$2.06B	$1.80B	$1.75B	$1.75B	$1.47B	$1.68B	$1.77B	$1.72B	$1.68B
Other Revenues	-	-	-	-	-	-	$1.82B	$1.75B	$1.58B	$1.84B	$1.56B	$1.48B	$1.35B	$1.43B	$1.14B	$1.08B	$1.06B	$1.23B	$1.09B	$962.00M
Transaction Processing	-	-	-	-	-	-	$3.29B	$3.06B	$2.91B	$2.99B	$2.85B	$2.61B	$2.35B	$2.38B	$2.25B	$1.90B	$2.20B	$2.26B	$2.23B	$2.05B

Mastercard's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Payment Network (62.82%), and Value-Added Services And Solutions (37.18%).

Mastercard Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
North America	$8.36B	$7.81B	$6.59B	$5.42B	$5.84B
International Markets	$16.74B	$14.43B	-	-	-

Mastercard's latest annual revenue breakdown by geography, as of Dec 23: International Markets (66.69%), and North America (33.31%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
North America	$3.16B	$3.16B	$2.77B	$2.22B	$2.11B	$2.14B	$1.90B	$2.13B	$2.00B	$1.98B	$1.70B	$1.79B	$1.71B	$1.60B	$1.49B	$1.47B	$1.38B	$1.24B	$1.33B	$1.51B
International Markets	$4.21B	$3.80B	$3.58B	$4.33B	$4.42B	$4.13B	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Mastercard's latest quarterly revenue breakdown by geography, as of Sep 24: International Markets (57.17%), and North America (42.83%).

Mastercard Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AXP	American Express Company	$60.36B	$16.64B
V	Visa	$35.93B	$8.90B
PYPL	PayPal	$29.77B	$7.85B
COF	Capital One Financial	$25.77B	$13.80B
MA	Mastercard	$25.10B	$7.37B
ALLY	Ally Financial	$9.07B	$4.19B
SOFI	SoFi	$2.05B	$860.63M
UPST	Upstart	$513.56M	$-5.45M

MA Revenue FAQ

What is Mastercard’s yearly revenue?

Mastercard's yearly revenue for 2023 was $25.1B, representing an increase of 12.87% compared to 2022. The company's yearly revenue for 2022 was $22.24B, representing an increase of 17.76% compared to 2021. MA's yearly revenue for 2021 was $18.88B, representing an increase of 23.42% compared to 2020.

What is Mastercard’s quarterly revenue?

Mastercard's quarterly revenue for Q3 2024 was $7.37B, a 5.91% increase from the previous quarter (Q2 2024), and a 12.80% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $6.96B, a 9.56% increase from the previous quarter (Q1 2024), and a 10.99% increase year-over-year (Q2 2023). MA's quarterly revenue for Q1 2024 was $6.35B, a -3.01% decrease from the previous quarter (Q4 2023), and a 10.49% increase year-over-year (Q1 2023).

What is Mastercard’s revenue growth rate?

Mastercard's revenue growth rate for the last 3 years (2021-2023) was 32.91%, and for the last 5 years (2019-2023) was 48.66%.

What are Mastercard’s revenue streams?

Mastercard's revenue streams in c 23 are Payment Network, and Value-Added Services And Solutions. Payment Network generated $15.82B in revenue, accounting 63.05% of the company's total revenue, up 10.21% year-over-year. Value-Added Services And Solutions generated $9.27B in revenue, accounting 36.95% of the company's total revenue, up 17.71% year-over-year.

What is Mastercard’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Mastercard was Payment Network. This segment made a revenue of $15.82B, representing 63.05% of the company's total revenue.