Mastercard Q2 net revenue rises 14% to $9.3 billion; diluted EPS up 22% to $4.97
Mastercard reported second quarter 2026 net revenue of $9.3 billion, up 14% from a year earlier (12% on a currency-neutral basis), and GAAP diluted EPS of $4.97, up 22%. Adjusted diluted EPS was $5.04, up 21%, and the company repurchased $4.9 billion of its shares during the quarter, which supports per-share results for existing shareholders.
Key points
- Net income was $4.4 billion, up 19% from $3.7 billion; GAAP operating margin was 60.2%, versus 58.7% a year earlier
- Gross dollar volume rose 8% on a local currency basis to $2.9 trillion; cross-border volume rose 12%
- Q2 2026 operating expenses rose 10%, mainly from higher general and administrative expenses; the quarter included an $82 million pre-tax litigation charge
- As of July 27, the company had repurchased 1.3 million shares quarter-to-date for $0.7 billion and had $7.8 billion remaining under approved repurchase programs
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.