Earnings Data
Report Date
Jul 23, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
4.18Last Year’s EPS
3.64Same Quarter Last Year
Strong Buy
Based on 23 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented clear topline and profitability momentum with multiple growth engines performing well: 12% net revenue growth, 15% net income growth, strong VAS growth (+18%), healthy GDV (+7%) and cross-border (+13%). Strategic investments and product innovations (Agent Pay, verifiable intent, BVNK, Recorded Future integration) and accelerated buybacks underscore confidence. Near-term headwinds are largely external — geopolitical conflict affecting cross-border travel, holiday timing, portfolio migrations and some FX/one-time expense items — but management framed these as temporary and offset by diversification, product demand and strong execution. Given the breadth and magnitude of positive operating and strategic metrics versus transitory external challenges, the overall tone is constructive.Company Guidance
Top-Line and Profitability Growth
Net revenue rose 12% year-over-year (non-GAAP, currency-neutral) and net income increased 15% YoY. EPS was $4.60, up 18% YoY (including a $0.10 contribution from share repurchases). Operating income grew 13% and operating expenses increased 9%.
Share Repurchase Activity
Accelerated buybacks: $4.0 billion repurchased during the quarter and an additional $1.7 billion repurchased through April 27, 2026, supporting EPS and capital return.
Payment Volume Momentum
Worldwide gross dollar volume (GDV) increased 7% YoY. U.S. GDV rose 4% (credit +8%, debit +1% — excluding Capital One debit migration, U.S. debit would be +7%). Non-U.S. GDV increased 9% (credit +9%, debit +8%).
Cross-Border and Transaction Growth
Overall cross-border volume grew 13% YoY. Switched transactions grew 9% YoY (would be ~10% excluding Capital One debit migration). Cross-border assessments rose 18%, and transaction processing assessments increased 15%.
Value-Added Services (VAS) Strength
VAS & Solutions net revenue increased 18% YoY (currency-neutral). VAS represented a meaningful and recurring revenue stream (CFO noted it represents roughly ~40% of company revenues) with Ethoca products ~25% YoY growth and strong demand across security, authentication, data/insights and marketing services.
Contactless and Card Footprint Expansion
Contactless penetration at 78% of in-person Switch purchase transactions (up 5 percentage points YoY). Card growth was 5%, with 3.7 billion Mastercard and Maestro-branded cards issued globally. Acceptance locations expanded substantially (company cited ~70% growth in acceptance locations over the last 5 years).
Strategic Product and Ecosystem Innovations
Agentic commerce initiatives scaled (nearly all Mastercards enabled for Mastercard Agent Pay). Launched verifiable intent (now used by FIDO Alliance), expanded partnerships with OpenAI, Google and Microsoft, and announced Craftsman blockchain integration for agent payments.
Digital Assets and Stablecoin Capabilities
Crypto co‑brand spend continued healthy growth; OKX expanding its Mastercard crypto card in Europe. Planned BVNK acquisition to enable sending, receiving, converting and holding stablecoins and to address interoperability, licensing and compliance — positioning Mastercard to capture stablecoin settlement and B2B payout use cases.
Security and Threat Intelligence Traction
Recorded Future integration driving product adoption: Mastercard Threat Intelligence engaged >500 customers and contributed to takedowns of malicious domains impacting over 10,000 e-commerce sites — indicating growing demand for cybersecurity and fraud solutions.
Commercial and SME Wins
Notable commercial wins: U.S. Amazon small business co-brand moving to Mastercard; renewals/expansions such as Westpac and CIB Egypt (expected issuance of >5 million cards over the deal term). Continued momentum in fleet, distribution, virtual card/B2B travel and scaling of Mastercard Move (access to >17 billion endpoints).
DE:M4I Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:M4I Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | €449.40 | €432.30 | -3.81% |
Jan 29, 2026 | €435.16 | €447.49 | +2.83% |
Oct 30, 2025 | €474.98 | €480.91 | +1.25% |
Jul 31, 2025 | €487.59 | €501.13 | +2.78% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Mastercard Inc (DE:M4I) report earnings?
Mastercard Inc (DE:M4I) is schdueled to report earning on Jul 23, 2026, Before Open (Confirmed).
What is Mastercard Inc (DE:M4I) earnings time?
Mastercard Inc (DE:M4I) earnings time is at Jul 23, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Mastercard Inc stock?
The P/E ratio of Mastercard is N/A.
What is DE:M4I EPS forecast?
DE:M4I EPS forecast for the fiscal quarter 2026 (Q2) is 4.18.
