Mastercard Incorporated — Third Quarter 2026 Earnings Summary

Mastercard reported third-quarter 2026 net income of $4.6 billion, representing a 18% increase from the prior year, with diluted earnings per share reaching $5.28. Net revenue grew 14% to $9.8 billion, driven by a 7% rise in gross dollar volume and a 9% increase in switched transactions on a local currency basis. The company's operating margin expanded to 59.8%, while total operating expenses increased 11% primarily due to higher general and administrative costs. Additionally, Mastercard repurchased 5.3 million shares for $3.0 billion and paid $763 million in dividends during the quarter.