Mastercard Inc

For the period ended Jun 30, 2025. Filed Jul 31, 2025.

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, 2025 · Filed Jul 31, 2025

MA$658.84+0.5%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheets — June, 2025 and

PART I

Consolidated Balance Sheets (Unaudited)
	June 30, 2025	December 31, 2024
(in millions, except per share data)
Assets
Current assets:
Cash and cash equivalents	$9,031	$8,442
Restricted cash and restricted cash equivalents	542	492
Restricted security deposits held for customers	1,999	1,874
Investments	336	330
Accounts receivable	4,184	3,773
Settlement assets	2,418	1,821
Prepaid expenses and other current assets	3,630	2,992
Total current assets	22,140	19,724
Property, equipment and right-of-use assets, net of accumulated depreciation and amortization of $2,625 and $2,393, respectively	2,225	2,138
Deferred income taxes	1,570	1,614
Goodwill	9,598	9,193
Other intangible assets, net of accumulated amortization of $2,816 and $2,400, respectively	5,629	5,453
Other assets	10,269	9,959
Total Assets	$51,431	$48,081
Liabilities and Equity
Current liabilities:
Accounts payable	$818	$929
Settlement obligations	2,676	2,316
Restricted security deposits held for customers	1,999	1,874
Accrued litigation	1,035	930
Accrued expenses	10,116	10,393
Short-term debt	—	750
Other current liabilities	2,385	2,028
Total current liabilities	19,029	19,220
Long-term debt	18,970	17,476
Deferred income taxes	361	317
Other liabilities	5,197	4,553
Total Liabilities	43,557	41,566
Commitments and Contingencies
Stockholders’ Equity
Class A common stock, $0.0001 par value; authorized 3,000 shares, 1,405 and 1,404 shares issued and 899 and 907 shares outstanding, respectively	—	—
Class B common stock, $0.0001 par value; authorized 1,200 shares, 7 shares issued and outstanding	—	—
Additional paid-in-capital	6,562	6,442
Class A treasury stock, at cost, 506 and 497 shares, respectively	(76,299)	(71,431)
Retained earnings	78,509	72,907
Accumulated other comprehensive income (loss)	(919)	(1,433)
Mastercard Incorporated Stockholders' Equity	7,853	6,485
Non-controlling interests	21	30
Total Equity	7,874	6,515
Total Liabilities and Equity	$51,431	$48,081

8 MASTERCARD JUNE 30, 2025 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.