---
schema_version: "secwatch.filing_event.v1"
accession: "0001141391-23-000155"
form_type: "8-K"
ticker: "MA"
cik: "0001141391"
company_name: "Mastercard Inc"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T07:57:52.668052+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mastercard Q3 net income $3.2B, EPS $3.39; revenue $6.5B up 14% YoY

## Summary
- Net revenue $6.5B (+14% reported, +11% currency-neutral); diluted EPS $3.39 vs $2.58 YoY.
- Gross dollar volume +11%, cross-border volume +21%, switched transactions +15% (local currency).
- Operating margin 58.8% vs 54.1% YoY; adjusted operating expenses +10% on higher personnel costs.
- Q3 share repurchases 4.8M shares for $1.9B; dividends $538M; $4.5B remaining under programs.
- Adjusted effective tax rate 15.0% vs 19.4% YoY on foreign tax credit guidance and $115M discrete valuation allowance.

## SEC filing metadata
- accession: 0001141391-23-000155
- form_type: 8-K
- ticker: MA
- cik: 0001141391
- company_name: Mastercard Inc
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141391/000114139123000155/0001141391-23-000155-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141391/000114139123000155/ma-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001141391-23-000155
- JSON: https://secwatch.observer/filing/0001141391-23-000155.json
- Plain text: https://secwatch.observer/filing/0001141391-23-000155.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.