Mastercard Incorporated: EPS $5.31 vs $5.17 expected; revenue $9.81B vs $9.66B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 5.31 | 5.17 | +2.7% | 4.38 |
| Revenue (USD bn) | 9.81 | 9.66 | +1.5% | 8.60 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Oct 29, 2026 | Q3 FY2026 | 5.31 | 5.17 | +2.7% | 9.81 | 9.66 | +1.5% |
| Jul 30, 2026 | Q2 FY2026 | 5.04 | 4.77 | +5.7% | 9.28 | 9.08 | +2.2% |
| Apr 30, 2026 | Q1 FY2026 | 4.60 | 4.41 | +4.3% | 8.40 | 8.26 | +1.7% |
| Jan 29, 2026 | Q4 FY2025 | 4.76 | 4.24 | +12.3% | 8.81 | 8.77 | +0.4% |
| Oct 30, 2025 | Q3 FY2025 | 4.38 | 4.32 | +1.4% | 8.60 | 8.53 | +0.8% |
| Jul 31, 2025 | Q2 FY2025 | 4.15 | 4.03 | +3.0% | 8.13 | 7.93 | +2.6% |
| May 1, 2025 | Q1 FY2025 | 3.73 | 3.58 | +4.2% | 7.25 | 7.13 | +1.7% |
| Jan 30, 2025 | Q4 FY2024 | 3.82 | 3.71 | +3.0% | 7.49 | 7.39 | +1.4% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures.
Mastercard Incorporated results: EPS $5.31 vs $5.17 expected; revenue $9.81B vs $9.66B. The results cover the company's Q3 FY2026. EPS came in above analysts' estimate by 2.7%; revenue above the estimate by 1.5%.
Revenue was up 14.0% from $8.60 billion a year earlier (Q3 FY2025). EPS was up 21.2% from $4.38 a year earlier. On its record, EPS topped analysts' estimates in 7 of 7 earlier comparable reports.
What the results mean
Mastercard Incorporated’s business centers on enabling payments and processing transactions, from authorization through clearing and settlement. This model makes payment activity among consumers, merchants and institutions a core business driver, with demand for network services linked to the use of payment solutions.
The company also provides cybersecurity, analytics, consulting, loyalty programs, open banking and digital identity services. This breadth creates opportunities to serve clients beyond transaction processing, although the supplied material does not identify these activities’ contributions to the results or explain the causes of revenue growth.
What to watch on the earnings call: Investors should follow management’s comments on client payment activity, demand for value-added services, and the role of security and analytics in expanding relationships with institutions and merchants. The discussion of technology and security spending, its effect on margins, and the contributions of network activity and complementary services to business growth also merits attention.
For the full analysis of Mastercard Incorporated stock — valuation, scores and financial statements — see the stock page linked with this story.