Gross Profit for Mastercard (MA)
According to Mastercard's latest reported financial statements, the company's current gross profit (TTM) is $27.36B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$27.36B
YoY change
+27.3%
5Y CAGR
+18.9%
Peak year (2025)
$27.36B
Cumulative gross profit
$222.46B
Gross Profit history chart for Mastercard (MA) from 1998 to 2025
Gross Profit history table for Mastercard (MA) from 1998 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $27.36B | +27.3% | ||
| 2024 | $21.49B | +12.7% | ||
| 2023 | $19.08B | +12.4% | ||
| 2022 | $16.97B | +17.9% | ||
| 2021 | $14.39B | +25.0% | ||
| 2020 | $11.51B | -13.7% | ||
| 2019 | $13.35B | +13.7% | ||
| 2018 | $11.74B | +19.6% | ||
| 2017 | $9.81B | +14.7% | ||
| 2016 | $8.55B | +13.1% | ||
| 2015 | $7.56B | +2.5% | ||
| 2014 | $7.38B | +12.2% | ||
| 2013 | $6.57B | +12.8% | ||
| 2012 | $5.83B | +10.7% | ||
| 2011 | $5.26B | +21.8% | ||
| 2010 | $4.32B | -15.3% | ||
| 2009 | $5.10B | +2.2% | ||
| 2008 | $4.99B | +22.7% | ||
| 2007 | $4.07B | +22.3% | ||
| 2006 | $3.33B | +13.2% | ||
| 2005 | $2.94B | +13.3% | ||
| 2004 | $2.59B | +16.2% | ||
| 2003 | $2.23B | +17.9% | ||
| 2002 | $1.89B | +17.4% | ||
| 2001 | $1.61B | +11.5% | ||
| 2000 | $1.45B | — | ||
| 1998 | $1.09B | — |
Gross Profit values are taken from Mastercard's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Mastercard (MA) reported gross profit of $27.36B – grew 27.3% year-over-year.
Mastercard gross profit has grown for 5 consecutive years, with a +18.9% compound annual growth rate over 2020–2025 (5 years).
The highest annual gross profit of $27.36B was reported in 2025. The lowest in the available history was $1.09B in 1998.
Mastercard (MA) sits 9th of 8 Financial Services peers we track on this metric, against a peer median of $77.51B.
Mastercard Gross Profit by Year
Mastercard Gross Profit 2025: $27.36B
Mastercard gross profit in 2025 was $27.36B, grew 27.3% from 2024. This figure represents the highest annual value in the available history.
Mastercard Gross Profit 2024: $21.49B
Mastercard gross profit in 2024 was $21.49B, grew 12.7% from 2023.
Mastercard Gross Profit 2023: $19.08B
Mastercard gross profit in 2023 was $19.08B, grew 12.4% from 2022.
Mastercard Gross Profit 2022: $16.97B
Mastercard gross profit in 2022 was $16.97B, grew 17.9% from 2021.
Mastercard Gross Profit 2021: $14.39B
Mastercard gross profit in 2021 was $14.39B.
See more financial history for Mastercard (MA).
Sector peers — Gross Profit
Companies in the same sector as Mastercard, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $167.61B | Financial Services |
| Bank of America Corporation (BAC) | $107.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $87.78B | Financial Services |
| Wells Fargo & Company (WFC) | $80.04B | Financial Services |
| Citigroup Inc. (C) | $74.98B | Financial Services |
| Morgan Stanley (MS) | $65.62B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $59.40B | Financial Services |
| Visa Inc. (V) | $32.15B | Financial Services |
Frequently asked questions
What is Mastercard's gross profit?
- Latest reported gross profit for Mastercard (MA) is $27.36B (period ending December 31, 2025).
How has Mastercard gross profit changed year-over-year?
- Mastercard (MA) gross profit changed +27.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Mastercard gross profit?
- Mastercard (MA) gross profit compound annual growth rate is +18.9% over the most recent 5 years available.
When did Mastercard gross profit hit its highest annual value?
- Mastercard gross profit reached its highest annual value of $27.36B in 2025.
What was Mastercard gross profit in 2024?
- Mastercard (MA) gross profit in 2024 was $21.49B.
What was Mastercard gross profit in 2025?
- Mastercard (MA) gross profit in 2025 was $27.36B.
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