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Mar 31, 2022

Mastercard Q1 2022 Earnings Report

Reported strong revenue and earnings growth driven by cross-border volume increase.

Key Takeaways

Mastercard reported a strong start to 2022 with robust revenue and earnings growth. Cross-border volumes grew significantly, and cross-border travel exceeded 2019 levels for the first time since the pandemic. The company continues to focus on strategic priorities and is seeing traction in various payment solutions.

Net revenue increased by 24%, or 28% on a currency-neutral basis.

Adjusted net revenue increased by 24%, or 27% on a currency-neutral basis.

Cross-border volumes grew 53% versus a year ago on a local currency basis.

Diluted EPS was $2.68, and adjusted diluted EPS was $2.76.

Total Revenue
$5.17B
Previous year: $4.16B
+24.4%
EPS
$2.76
Previous year: $1.74
+58.6%
GDV Growth (YOY)
17%
Cross-border Vol. Growth (YOY)
53%
Switched Trans. Growth (YOY)
22%
Gross Profit
$3.99B
Previous year: $3.05B
+30.6%
Cash and Equivalents
$6.88B
Previous year: $7.25B
-5.1%
Free Cash Flow
$1.64B
Previous year: $1.4B
+17.0%
Total Assets
$37.2B
Previous year: $34.8B
+6.8%

Mastercard

Mastercard

Mastercard Revenue by Geographic Location

Forward Guidance

This press release contains forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Revenue & Expenses

Visualization of income flow from segment revenue to net income