Mastercard (MA) FY2025 10-K Annual Report

Filed: Feb 11, 2026
Information Technology
Services-Business Services, NECSEC EDGAR

Mastercard (MA) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 11, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Mastercard FY2025 10-K Analysis

Business Overview

  • Core business model: Global payment network facilitating electronic payments and transaction processing
  • Emphasis on competitive threats from alternative e-commerce, mobile payment systems, and government-backed solutions impacting market access
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Management Discussion & Analysis

  • No revenue or profitability figures disclosed in this section
  • Loss contingencies assessed regularly; liabilities accrued if probable and estimable, with subjective judgements and potential material variances
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Risk Factors

  • Delaware law and organizational anti-takeover provisions limit beneficial ownership to 15% per person, potentially delaying favorable mergers or acquisitions
  • Mastercard Foundation owns >5% voting power with share sales accelerated to start Jan 1, 2024 under court approval, planning a 7-year diversification sale
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Mastercard FY2025 Key Financial Metrics
XBRL

Revenue

$32.8B

+16.4% YoY

Net Income

$15.0B

+16.3% YoY

Operating Margin

57.6%

+231bp YoY

Net Margin

45.6%

-6bp YoY

ROE

193.5%

-506bp YoY

Total Assets

$54.2B

+12.6% YoY

EPS (Diluted)

$16.52

+18.9% YoY

Operating Cash Flow

$17.6B

+19.4% YoY

Source: XBRL data from Mastercard FY2025 10-K filing on SEC EDGAR. All figures in USD.

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