Mastercard Incorporated (MA) balance sheet
NYSE · Financial Services · Financial - Credit Services · 39,800 employees · CEO Michael Miebach
- Price
- $638.01 +0.36%
- Market cap
- $559B
- Enterprise value
- $573B
- Last report
- Q3 '26 filed 2026-10-29
- Next report
- 2027-01-28 EPS est. $5.11
At the end of Q3 '26 Mastercard Incorporated (MA) held $10.5B in cash and short-term investments against $23.9B of debt incl. leases. Total assets $58.1B, total liabilities $51.4B, shareholders' equity $6.75B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $8.59B | $7.29B | $7B | $11.1B | $8.44B | $7.58B | $9.03B | $10.3B | $10.6B | $7.91B | $11.3B | $10.1B | |
| Short-term investments | $592M | $364M | $362M | $338M | $330M | $319M | $336M | $335M | $332M | $313M | $318M | $317M | |
| Receivables | $4.06B | $4.23B | $4.2B | $4.01B | $3.77B | $3.97B | $4.18B | $4.25B | $4.61B | $4.72B | $5.05B | $5.26B | |
| Other current assets | $5.72B | $6.54B | $6.23B | $6.89B | $7.18B | $7.95B | $8.59B | $8.33B | $8.05B | $9.56B | $5.06B | $4.39B | |
| Current assets | $19B | $18.4B | $17.8B | $22.3B | $19.7B | $19.8B | $22.1B | $23.2B | $23.6B | $22.5B | $26.5B | $24.5B | |
| Property, plant & equipment (net) | $2.06B | $2.08B | $2.15B | $2.18B | $2.14B | $2.17B | $2.23B | $2.3B | $2.3B | $2.35B | $2.54B | $2.64B | |
| Long-term investments | $1.73B | $1.74B | $1.71B | $1.6B | $1.61B | $1.6B | $1.64B | $1.69B | $1.71B | $1.68B | $1.67B | $1.67B | |
| Goodwill | $7.66B | $7.55B | $7.56B | $7.72B | $9.19B | $9.35B | $9.6B | $9.57B | $9.56B | $9.53B | $9.5B | $10.8B | |
| Intangible assets | $4.09B | $4.12B | $4.15B | $4.24B | $5.45B | $5.53B | $5.63B | $5.59B | $5.55B | $5.5B | $5.47B | $5.7B | |
| Deferred tax assets | $1.36B | $1.33B | $1.42B | $1.61B | $1.61B | $1.58B | $1.57B | $1.55B | $1.57B | $1.4B | $1.44B | $1.57B | |
| Other non-current assets | $6.6B | $7.37B | $7.56B | $7.59B | $8.35B | $8.44B | $8.63B | $9.37B | $9.91B | $9.51B | $10.6B | $11.3B | |
| Non-current assets | $23.5B | $24.2B | $24.6B | $24.9B | $28.4B | $28.7B | $29.3B | $30.1B | $30.6B | $30B | $31.2B | $33.7B | |
| Total assets | $42.4B | $42.6B | $42.3B | $47.2B | $48.1B | $48.5B | $51.4B | $53.3B | $54.2B | $52.4B | $57.7B | $58.1B | |
| Liabilities | |||||||||||||
| Accounts payable | $834M | $790M | $835M | $911M | $929M | $993M | $818M | $935M | $999M | $1.03B | $1.13B | $1.08B | |
| Accrued expenses | $8.75B | $8.02B | $8.22B | $9.42B | $10.9B | $9.58B | $10.7B | $12.2B | $13.2B | $11.5B | $11.7B | $12.5B | |
| Short-term debt | $1.34B | $2.09B | $1.09B | $750M | $750M | $0 | $0 | $0 | $749M | $1.75B | $2.46B | $1.75B | |
| Taxes payable | $486M | $642M | $313M | $354M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.47B | |
| Other current liabilities | $4.85B | $5.37B | $5.14B | $5.86B | $6.22B | $6.52B | $7.06B | $6.84B | $6.94B | $7.49B | $8.39B | $8.89B | |
| Current liabilities | $16.3B | $16.9B | $15.6B | $17.3B | $19.2B | $17.8B | $19B | $20.7B | $22.8B | $22.9B | $25B | $24.2B | |
| Long-term debt | $14.3B | $13.5B | $14.5B | $17.6B | $17.5B | $18.8B | $19B | $19B | $18.3B | $17.2B | $22.2B | $22.2B | |
| Deferred tax liabilities | $369M | $345M | $337M | $349M | $317M | $315M | $361M | $326M | $307M | $331M | $315M | $341M | |
| Other non-current liabilities | $4.47B | $4.5B | $4.4B | $4.49B | $4.55B | $4.83B | $5.2B | $5.37B | $5.09B | $5.25B | $4.58B | $4.68B | |
| Non-current liabilities | $19.2B | $18.4B | $19.3B | $22.4B | $22.3B | $23.9B | $24.5B | $24.7B | $23.6B | $22.8B | $27.1B | $27.2B | |
| Total liabilities | $35.5B | $35.3B | $34.9B | $39.7B | $41.6B | $41.8B | $43.6B | $45.4B | $46.4B | $45.7B | $52.1B | $51.4B | |
| Equity | |||||||||||||
| Retained earnings | $62.6B | $65B | $67.6B | $70.3B | $72.9B | $75.5B | $78.5B | $81.8B | $85B | $88.1B | $91.8B | $95.6B | |
| Accumulated other comprehensive income | -$1.1B | -$1.2B | -$1.21B | -$1.07B | -$1.43B | -$1.16B | -$919M | -$935M | -$981M | -$928M | -$1B | -$994M | |
| Shareholders' equity | $6.93B | $7.24B | $7.42B | $7.44B | $6.49B | $6.67B | $7.85B | $7.9B | $7.74B | $6.72B | $5.61B | $6.75B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $15.7B | $15.6B | $15.6B | $18.4B | $18.2B | $18.8B | $19B | $19B | $19B | $19B | $24.6B | $23.9B | |
| Net debt (debt - cash) | $7.09B | $8.34B | $8.61B | $7.3B | $9.78B | $11.2B | $9.94B | $8.67B | $8.43B | $11.1B | $13.4B | $13.8B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $6.72B | $5.93B | $6.68B | $6.99B | $10.1B | $7.42B | $7.01B | $8.59B | $8.44B | $10.6B | |
| Short-term investments | $1.61B | $1.85B | $1.7B | $688M | $483M | $473M | $400M | $592M | $330M | $332M | |
| Receivables | $2.51B | $3.34B | $4.73B | $5.51B | $4.35B | $3.01B | $3.43B | $4.06B | $3.77B | $4.61B | |
| Other current assets | $2.27B | $2.59B | $3.01B | $3.61B | $4.09B | $5.96B | $5.74B | $5.72B | $7.18B | $8.05B | |
| Current assets | $13.2B | $13.8B | $16.2B | $16.9B | $19.1B | $16.9B | $16.6B | $19B | $19.7B | $23.6B | |
| Property, plant & equipment (net) | $733M | $829M | $921M | $1.83B | $1.9B | $1.91B | $2.01B | $2.06B | $2.14B | $2.3B | |
| Long-term investments | $132M | $249M | $337M | $914M | $1.17B | $1.83B | $1.73B | $1.73B | $1.61B | $1.71B | |
| Goodwill | $1.76B | $3.04B | $2.9B | $4.02B | $4.96B | $7.66B | $7.52B | $7.66B | $9.19B | $9.56B | |
| Intangible assets | $722M | $1.12B | $991M | $1.42B | $1.75B | $3.67B | $3.86B | $4.09B | $5.45B | $5.55B | |
| Deferred tax assets | $307M | $250M | $570M | $543M | $491M | $486M | $1.15B | $1.36B | $1.61B | $1.57B | |
| Other non-current assets | $1.8B | $2.05B | $2.97B | $3.61B | $4.19B | $5.16B | $5.85B | $6.6B | $8.35B | $9.91B | |
| Non-current assets | $5.45B | $7.53B | $8.69B | $12.3B | $14.5B | $20.7B | $22.1B | $23.5B | $28.4B | $30.6B | |
| Total assets | $18.7B | $21.3B | $24.9B | $29.2B | $33.6B | $37.7B | $38.7B | $42.4B | $48.1B | $54.2B | |
| Liabilities | |||||||||||
| Accounts payable | $609M | $933M | $537M | $489M | $527M | $738M | $926M | $834M | $929M | $999M | |
| Accrued expenses | $3.16B | $3.74B | $6.18B | $6.07B | $6.06B | $7.15B | $8.62B | $8.75B | $10.9B | $13.2B | |
| Short-term debt | $0 | $0 | $500M | $0 | $649M | $792M | $274M | $1.34B | $750M | $749M | |
| Taxes payable | $161M | $194M | $158M | $332M | $208M | $337M | $279M | $486M | $0 | $0 | |
| Deferred revenue | $0 | $0 | $218M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other current liabilities | $3.44B | $4.12B | $4B | $2.3B | $4.4B | $4.15B | $4.08B | $4.85B | $6.22B | $6.94B | |
| Current liabilities | $7.21B | $8.79B | $11.6B | $11.9B | $11.8B | $13.2B | $14.2B | $16.3B | $19.2B | $22.8B | |
| Long-term debt | $5.18B | $5.42B | $5.83B | $8.53B | $12B | $13.1B | $13.7B | $14.3B | $17.5B | $18.3B | |
| Deferred tax liabilities | $81M | $106M | $67M | $85M | $86M | $395M | $393M | $369M | $317M | $307M | |
| Other non-current liabilities | $524M | $1.44B | $1.88B | $2.73B | $3.11B | $3.59B | $4.03B | $4.47B | $4.55B | $5.09B | |
| Non-current liabilities | $5.79B | $6.97B | $7.78B | $11.3B | $15.2B | $17.1B | $18.2B | $19.2B | $22.3B | $23.6B | |
| Total liabilities | $13B | $15.8B | $19.4B | $23.2B | $27.1B | $30.3B | $32.3B | $35.5B | $41.6B | $46.4B | |
| Equity | |||||||||||
| Retained earnings | $19.4B | $22.4B | $27.3B | $34B | $38.7B | $45.6B | $53.6B | $62.6B | $72.9B | $85B | |
| Accumulated other comprehensive income | -$924M | -$497M | -$718M | -$673M | -$680M | -$809M | -$1.25B | -$1.1B | -$1.43B | -$981M | |
| Shareholders' equity | $5.66B | $5.47B | $5.4B | $5.89B | $6.39B | $7.31B | $6.3B | $6.93B | $6.49B | $7.74B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $5.18B | $5.42B | $6.33B | $8.53B | $12.7B | $13.9B | $14B | $15.7B | $18.2B | $19B | |
| Net debt (debt - cash) | -$1.54B | -$509M | -$348M | $1.54B | $2.56B | $6.48B | $7.02B | $7.09B | $9.78B | $8.43B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01