Mastercard Incorporated
As of Fiscal Year 2025 (ended December 31, 2025)
Key KPIs at a Glance
| Metric | Value |
|---|---|
| Total net revenue (FY2025) | $32.79 billion, up 16% year-over-year (15% currency-neutral) |
| Net income (FY2025) | $14.97 billion, up 16% year-over-year |
| Diluted EPS (FY2025) | $16.52, up 19% year-over-year |
| Operating margin (FY2025) | 57.6% GAAP; 59.2% non-GAAP adjusted |
| Adjusted net income (FY2025, non-GAAP) | $15.4 billion, up 14% year-over-year; adjusted diluted EPS of $17.01, up 17% |
| Gross dollar volume (FY2025) | $10.632 trillion, up 9% year-over-year on a local-currency basis |
| Cross-border volume growth (FY2025) | up 15% year-over-year |
| Switched transactions growth (FY2025) | up 10% year-over-year |
| Cards issued | 3.7 billion Mastercard- and Maestro-branded cards |
Sources: Total net revenue, net income, EPS, operating margin, gross dollar volume and switched-transaction figures are company-disclosed, from Mastercard's Q4/FY2025 earnings release (reported January 29, 2026) and FY2025 Form 10-K. Mastercard's earnings release discloses year-over-year growth rates for its two net revenue categories (Payment network, and Value-added services and solutions) but does not state their exact full-year dollar split in the release itself; the dollar figures used in the Revenue by Segment pie are derived by applying the percentage-of-total split reported by third-party financial data provider Bullfincher (compiled from Mastercard's FY2025 Form 10-K Note 3 revenue disaggregation) to Mastercard's exact reported total net revenue of $32,791 million, so the two slices sum exactly to total net revenue. No credibly-sourced, complete (100%-summing) global card-network purchase-volume market-share breakdown for calendar year 2025 was available as free/public data at the time of writing (the Nilson Report's full 2025 network rankings are subscriber-only), so a market-share widget was omitted rather than using a partial or stale figure.