Mastercard 3Q Profit Rises on Payment Network, Services Growth
By Kelly Cloonan
Mastercard reported higher quarterly profit on sales growth for both its payment-network division and its services-and-solutions business.
The credit-card company on Thursday posted a third-quarter profit of $4.63 billion, or $5.28 a share, compared with $3.93 billion, or $4.34 a share, a year earlier.
Adjusted earnings per share were $5.31, compared with analyst estimates of $5.17, according to FactSet.
Revenue climbed 14% to $9.81 billion, compared with analyst estimates of $9.66 billion.
Payment-network revenue rose 11% due to growth in gross dollar volume, cross-border volume and switched transactions, as well as higher prices. The company added that payment network rebates and incentives increased in the quarter.
Mastercard's value-added services-and-solutions segment, which includes fraud prevention and data analytics, also posted growth, with revenue up 19%.
Shares were up 3.2% to $629.55 in premarket trading.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
October 29, 2026 08:42 ET (12:42 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
5 Stocks to Buy Trading at Big Discounts
2 Undervalued Stocks to Buy With Long-Term Growth Ahead
The Market May Be Too Pessimistic About This 4-Star Dividend Stock
What 7 Key Market Indicators Are Telling Investors Right Now
United States