For the quarter ended March 2025, MasterCard (MA) reported revenue of $7.25 billion, up 14.2% over the same period last year. EPS came in at $3.73, compared to $3.31 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $7.12 billion, representing a surprise of +1.81%. The company delivered an EPS surprise of +4.48%, with the consensus EPS estimate being $3.57.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...

MasterCard (MA) came out with quarterly earnings of $3.73 per share, beating the Zacks Consensus Estimate of $3.57 per share. This compares to earnings of $3.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.48%. A quarter ago, it was expected that this processor of debit and credit card payments would post earnings of $3.68 per share when it actually produced earnings of $3.82, delivering a surprise of 3.80%.Over the last ...

Financial Performance - Net revenue for Q1 2025 was $7,250 million, a 14% increase from $6,348 million in Q1 2024[109] - Operating income rose to $4,149 million, reflecting a 15% increase compared to $3,604 million in the same period last year[109] - Adjusted net income for Q1 2025 was $3,406 million, up 10% from $3,093 million in Q1 2024[110] - Diluted earnings per share for Q1 2025 were $3.73, a 13% increase from $3.31 in Q1 2024[110] - Payment network revenue rose by 13% to $4,432 million, driven by growth in domestic and cross-border dollar volumes and an increase in switched transactions[139] - Value-added services and solutions revenue increased by 16% to $2,818 million, with a 4 percentage point increase from acquisitions and growth primarily in security and digital solutions[140] - Domestic assessments grew by 8% to $2,658 million, while cross-border assessments increased by 16% to $2,595 million[131] - Switched transactions growth was reported at 9%, down from 13% in the previous year[129] Tax and Income - The effective income tax rate increased to 18.6% in Q1 2025, up 3.3 percentage points from 15.4% in Q1 2024, primarily due to the 15% global minimum tax[112] - The effective income tax rates for Q1 2025 and Q1 2024 were 18.6% and 15.4%, respectively, with adjusted rates of 19.1% and 15.9%, primarily due to the 15% global minimum tax implemented in 2025[156] Cash Flow and Investments - The company generated net cash flows from operations of $2.4 billion during the quarter[115] - Net cash provided by operating activities increased by $708 million to $2,380 million for Q1 2025 compared to Q1 2024, driven by higher net income and reduced litigation settlement payments[161] - Net cash used in investing activities rose by $166 million to $340 million for Q1 2025, mainly due to lower proceeds from investment securities maturities[162] - Cash, cash equivalents, and investments totaled $7.9 billion as of March 31, 2025, down from $8.8 billion at December 31, 2024, while unused lines of credit remained at $8.0 billion[157] Shareholder Returns - The company repurchased 4.7 million shares for $2.5 billion and paid dividends of $694 million[115] - The company declared a quarterly cash dividend of $0.76 per share, totaling $694 million for Q1 2025, with another dividend of $691 million scheduled for May 2025[170][171] - The company repurchased $2,549 million worth of shares during Q1 2025, with an average price of $541.38 per share, leaving a remaining authorization of $12,639 million[172] Operating Expenses - Operating expenses increased by 13% to $3,101 million, with adjusted operating expenses also rising by 13%[143] - General and administrative expenses rose by 10% to $2,523 million, primarily due to higher personnel costs[147] - Advertising and marketing expenses surged by 32% to $152 million, reflecting increased spending on marketing campaigns[150] - Depreciation and amortization expenses increased by 27% to $275 million, driven by higher software capitalization[151] Other Financial Metrics - Total other income (expense) was reported at $(118) million, a decrease of $72 million compared to $(46) million in 2024[154] - The company recorded net losses of $29 million on equity investments in Q1 2025, compared to net gains of $6 million in Q1 2024[114] - Total debt outstanding increased to $18.8 billion as of March 31, 2025, from $18.2 billion at December 31, 2024, with a $750 million principal payment related to the 2019 USD Notes in March 2025[165] Risk Factors - A hypothetical 10% adverse change in foreign currency values could result in a fair value loss of approximately $459 million on foreign exchange derivative contracts as of March 31, 2025[176] - A hypothetical 100 basis point adverse change in interest rates could lead to a fair value loss of approximately $18 million on interest rate derivative contracts designated as a fair value hedge as of March 31, 2025[180]

Mastercard (MA) Q1 2025 Earnings Call May 01, 2025 09:00 AM ET Company Participants Devin Corr - Executive Vice President of Investor RelationsMichael Miebach - CEOSachin Mehra - CFOSanjay Sakhrani - Managing DirectorAdam Frisch - Senior Managing Director - EquitiesTrevor Williams - Managing DirectorDarrin Peller - Managing DirectorTimothy Chiodo - Managing DirectorCraig Maurer - Co-Director of Research & Managing Director Conference Call Participants Harshita Rawat - AnalystAndrew Jeffrey - Research Analys ...

Mastercard (MA) Q1 2025 Earnings Call May 01, 2025 09:00 AM ET Speaker0 Thank you. Mr. Devin Kour, Head of Investor Relations, you may begin your conference. Speaker1 Thank you, Audra. Good morning, everyone, and thank you for joining us for our first quarter twenty twenty five earnings call. With me today are Michael Meibach, our Chief Executive Officer and Sachin Mehra, our Chief Financial Officer. Following comments from Michael and Sachin, the operator will announce your opportunity to get into the queu ...

Financial Performance - Mastercard reported net revenue of $7.3 billion for Q1 2025, a 14% increase year-over-year, or 17% on a currency-neutral basis[3]. - The company's net income for Q1 2025 was $3.3 billion, with diluted earnings per share (EPS) of $3.59, reflecting a 9% increase in net income and an 11% increase in EPS compared to Q1 2024[5]. - Mastercard's operating income for Q1 2025 was $4.1 billion, representing a 15% increase from the previous year, with an operating margin of 57.2%[3]. - Adjusted net income for Q1 2025 was $3.4 billion, with adjusted diluted EPS of $3.73, marking a 10% increase in net income and a 13% increase in EPS compared to Q1 2024[4]. - Net income for the three months ended March 31, 2025, was $3,280 million, a 9% increase compared to $3,011 million for the same period in 2024[21]. - Diluted earnings per share for Q1 2025 were $3.73, up 13% from $3.31 in Q1 2024[27]. - The effective income tax rate for Q1 2025 was 18.6%, up from 15.4% in Q1 2024, influenced by the global minimum tax rules implemented in 2025[9]. - The effective income tax rate for adjusted measures was 19.1% in Q1 2025, up from 15.9% in Q1 2024[27]. Volume and Transactions - Gross dollar volume grew by 9% year-over-year, reaching $2.4 trillion, while cross-border volume increased by 15% on a local currency basis[9]. - For the three months ended March 31, 2025, Mastercard's worldwide gross dollar volume (GDV) reached $2,417 billion, reflecting a growth of 5.5% year-over-year[31]. - In the Asia Pacific, Middle East, and Africa (APMEA) region, GDV was $587 billion, with a growth rate of 2.7% compared to the previous year[31]. - The United States contributed $1,653 billion to GDV, showing a growth of 4.8% year-over-year[31]. - Purchase volume in Europe increased by 8.8% to $805 billion, with a transaction growth of 10.1%[31]. - Mastercard's debit programs worldwide saw a GDV of $1,300 billion, representing a 7.1% growth[31]. - The number of purchase transactions globally reached 48,094 million, with a growth of 9.2%[31]. - In Latin America, GDV decreased by 1.7% to $202 billion, while purchase volume grew by 12.9%[31]. - The cash volume in the United States was $359 billion, with a growth of 4.8% year-over-year[31]. - Mastercard's overall purchase volume for the three months ended March 31, 2024, was $2,290 billion, indicating an 8.8% increase from the previous year[31]. Expenses and Shareholder Returns - Total operating expenses increased by 13% year-over-year, primarily due to higher general and administrative and advertising expenses[9]. - Operating expenses reported under GAAP for Q1 2025 were $3,101 million, reflecting a 13% increase from $2,744 million in Q1 2024[27]. - Mastercard repurchased 4.7 million shares at a cost of $2.5 billion during Q1 2025 and paid $694 million in dividends[10]. Assets and Liabilities - Total assets increased to $48,470 million as of March 31, 2025, up from $48,081 million at December 31, 2024, representing a growth of 0.81%[20]. - Total current liabilities decreased to $17,828 million in Q1 2025 from $19,220 million in Q4 2024, a reduction of 7.25%[20]. - Long-term debt increased to $18,802 million as of March 31, 2025, compared to $17,476 million at December 31, 2024, an increase of 7.57%[20]. Cash Flow - The company reported a net cash provided by operating activities of $2,380 million for Q1 2025, compared to $1,672 million for Q1 2024, representing a year-over-year increase of 42.5%[21]. Product and Service Developments - The company launched Mastercard Agent Pay and formed a strategic partnership with Corpay to enhance corporate cross-border payment solutions[2]. - As of March 31, 2025, Mastercard had issued 3.5 billion Mastercard and Maestro-branded cards[9]. - The total number of cards issued worldwide was 3,035 million, reflecting a growth of 5.2%[31]. - Cash and cash equivalents at the end of Q1 2025 were $9,982 million, compared to $9,187 million at the end of Q1 2024, indicating a year-over-year increase of 8.65%[21].

Mastercard Incorporated First Quarter 2025 Financial Results Conference Call May 1, 2025 Business Update Business Highlights Financial Overview May 1, 2025 2 ©2025 Mastercard Michael Miebach: 1st Quarter Selected Financial Performance ($ in millions, except per share data) | | 1Q 25 | | 1Q 24 | | YOY Growth | | | --- | --- | --- | --- | --- | --- | --- | | | Non-GAAP | | Non-GAAP | | As adjusted | Currency-neutral | | Net revenue | $ | 7,250 | $ | 6,348 | 14% | 17% | | Adjusted operating expenses | | 2,950 ...

Payments giant Mastercard Incorporated (MA) is set to report first-quarter 2025 results on May 1, 2025, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at $7.57 per shareon revenues of $7.13 billion. (See the Zacks Earnings Calendar to stay ahead of market-making news.)First-quarter earnings estimates have remained stable over the past 60 days. The bottom-line projection indicates an increase of 7.9% from the year-ago reported number. The Z ...

Core Insights - BloFin has officially launched the BloFin Card, a virtual card that allows users to integrate digital assets into global online payment scenarios [2][3] - The card is built on secure infrastructure with advanced protection protocols, ensuring user confidence during transactions [3] - A phased rollout is underway, with broader access expected after an initial invitation-only phase for VIP users [3][5] Product Features - The BloFin Card enables streamlined incorporation of digital assets into everyday spending [3] - Users can manage their card and monitor usage easily from any device within the BloFin ecosystem [3] - A physical version of the BloFin Card is expected to be introduced soon, providing greater flexibility in payment scenarios [5] Company Growth and Innovation - As of 2025, BloFin continues to lead in product evolution and user-focused infrastructure, setting new standards in the digital asset space [7] - The company has introduced features like Sub-Accounts and the Unified Trading Account (UTA), enhancing flexibility and performance [7] - BloFin is actively expanding its global presence and is a title sponsor of TOKEN204 Dubai, hosting events to connect industry leaders [8][9]

MasterCard (MA) closed the most recent trading day at $535.46, moving +1.03% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 2.03% for the day. Elsewhere, the Dow gained 1.23%, while the tech-heavy Nasdaq added 2.74%.Coming into today, shares of the processor of debit and credit card payments had lost 3.47% in the past month. In that same time, the Business Services sector lost 3.26%, while the S&P 500 lost 5.07%.Market participants will be closely followin ...