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Mastercard Q2'25 Earnings Highlights

$MA (-2,45 %)


🔹 Adj EPS: $4.15 (Est. $4.02) 🟢; +11% YoY

🔹 Net Revenue: $8.13B (Est. $7.94B) 🟢; +14% YoY

🔹 Gross Dollar Volume: $2.7T; UP +11% YoY

🔹 Cross-Border Volume: UP +18% YoY

🔹 Switched Transactions: 43.7B; UP +11% YoY

🔹 Operating Margin: 57.5%; DOWN -60bps YoY


FY25 Guidance

🔹 Net Revenue Growth: High end of mid-teens % (Implied $33.0B–$33.6B vs. Est. $32.0B) 🟢

🔹 Operating Expense Growth: Low end of low double digits YoY


Q3 Guidance

🔹 Adj. Net Revenue Growth: High end of mid-teens YoY

🔹 Operating Expense Growth: Low end of low double digits YoY


Management Commentary

🔸 “We delivered strong revenue and earnings growth again this quarter.”

🔸 “Consumer spending trends remain healthy, and we’re investing in our multi-rail and services strategy.”

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