Mastercard Inc

For the period ended Sep 30, 2024. Filed Oct 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.

Sep 30, 2024 · Filed Oct 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 September 30,		Nine Months Ended September 30,
	2024	2023	2024	2023
(in millions, except per share data)
Net Revenue	$7,369	$6,533	$20,678	$18,550
Operating Expenses:
General and administrative	2,744	2,285	7,448	6,528
Advertising and marketing	220	193	520	561
Depreciation and amortization	225	211	666	594
Provision for litigation	176	—	400	231
Total operating expenses	3,365	2,689	9,034	7,914
Operating income	4,004	3,844	11,644	10,636
Other Income (Expense):
Investment income	76	71	231	185
Gains (losses) on equity investments, net	(62)	(6)	(69)	(95)
Interest expense	(159)	(151)	(462)	(427)
Other income (expense), net	7	3	19	19
Total other income (expense)	(138)	(83)	(281)	(318)
Income before income taxes	3,866	3,761	11,363	10,318
Income tax expense	603	563	1,831	1,914
Net Income	$3,263	$3,198	$9,532	$8,404
Basic Earnings per Share	$3.54	$3.40	$10.27	$8.88
Basic weighted-average shares outstanding	923	941	928	947
Diluted Earnings per Share	$3.53	$3.39	$10.25	$8.85
Diluted weighted-average shares outstanding	925	943	930	949

6 MASTERCARD SEPTEMBER 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.