secwatch.observer — SEC 8-K summary
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Issuer:     Mastercard Inc (MA)
CIK:        0001141391
Form:       8-K
Filed at:   2025-10-30T23:59:59+00:00
Accession:  0001141391-25-000191
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1141391/000114139125000191/0001141391-25-000191-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1141391/000114139125000191/ma-20251030.htm
  HTML page:      https://secwatch.observer/filing/0001141391-25-000191

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer