Mastercard Q3 FY2026: revenue up 14.0% to $9.81 billion, EPS $5.28
Mastercard's third quarter was another clean beat on growth: revenue rose 14.0% to $9.81 billion and adjusted EPS reached $5.31, a hair under the $5.3156 consensus. Read it as a volume story — cross-border up 11.0% and value-added services up 19.0% — not a pricing story, since incentives to customers grew 18.0%.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS of $5.28 was 21.7% above last year's $4.34, and adjusted EPS of $5.31 came in $0.0056 below the $5.3156 consensus — a rounding error, not a miss. Net income of $4.63 billion rose 17.9%, slower than EPS, because the diluted share count fell to 876 million from 905 million. Buybacks did part of the work.
Net revenue of $9.81 billion was up 14.0% from $8.60 billion a year earlier, and the company says the rate was 14.0% even stripping out currency. Payment network revenue rose 11.0% while value-added services rose 19.0%, so the smaller segment is now 41.4% of the total. No revenue consensus was supplied, so the growth rate itself is the comparison that matters.
Log in to read 35 analyses a week for free
Create a free account to read 35 full earnings analyses each week — all five steps: expected vs. actual, guidance tracker, money flow, balance sheet and risks. Members get unlimited access.
Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
Answers are based on the earnings release and the analysis above. Free accounts get 3 questions a week; members get 30 a day.