---
schema_version: "secwatch.filing_event.v1"
accession: "0001141391-25-000191"
form_type: "8-K"
ticker: "MA"
cik: "0001141391"
company_name: "Mastercard Inc"
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:14:35.476558+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mastercard Q3 GAAP EPS $4.34, adjusted $4.38; revenue $8.6B +17% YoY

## Summary
- Net income $3.9B ($4.34 diluted EPS); adjusted net income $4.0B ($4.38 adjusted diluted EPS).
- Net revenue $8.6B, up 17% (15% currency-neutral); value-added services rev +25% (22% currency-neutral).
- Gross dollar volume +9%, cross-border volume +15%, switched transactions +10% on local currency basis.
- Operating margin 58.8% GAAP, 59.8% adjusted; effective tax rate rose to 21.5% from 15.6% due to Pillar 2.
- Repurchased 5.8M shares for $3.3B and paid $687M dividends in Q3; $5.8B remaining under buyback programs.

## SEC filing metadata
- accession: 0001141391-25-000191
- form_type: 8-K
- ticker: MA
- cik: 0001141391
- company_name: Mastercard Inc
- filed_at: 2025-10-30T23:59:59+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/1141391/000114139125000191/0001141391-25-000191-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141391/000114139125000191/ma-20251030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001141391-25-000191
- JSON: https://secwatch.observer/filing/0001141391-25-000191.json
- Plain text: https://secwatch.observer/filing/0001141391-25-000191.txt

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