Mastercard Inc

For the period ended Jun 30, 2024. Filed Jul 31, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Jul 31, 2024

MA$655.81+0.5%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statement of Operations —

PART I

Consolidated Statement of Operations (Unaudited)
	Three Months Ended June 30,		Six Months Ended June 30,
	2024	2023	2024	2023
(in millions, except per share data)
Net Revenue	$6,961	$6,269	$13,309	$12,017
Operating Expenses:
General and administrative	2,418	2,200	4,704	4,243
Advertising and marketing	184	201	300	368
Depreciation and amortization	225	192	441	383
Provision for litigation	98	20	224	231
Total operating expenses	2,925	2,613	5,669	5,225
Operating income	4,036	3,656	7,640	6,792
Other Income (Expense):
Investment income	60	59	155	114
Gains (losses) on equity investments, net	(13)	123	(7)	(89)
Interest expense	(153)	(144)	(303)	(276)
Other income (expense), net	9	10	12	16
Total other income (expense)	(97)	48	(143)	(235)
Income before income taxes	3,939	3,704	7,497	6,557
Income tax expense	681	859	1,228	1,351
Net Income	$3,258	$2,845	$6,269	$5,206
Basic Earnings per Share	$3.51	$3.01	$6.74	$5.48
Basic weighted-average shares outstanding	929	946	931	949
Diluted Earnings per Share	$3.50	$3.00	$6.72	$5.47
Diluted weighted-average shares outstanding	930	949	933	952

6 MASTERCARD JUNE 30, 2024 FORM 10-Q

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.