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Sep 30, 2022

Mastercard Q3 2022 Earnings Report

Mastercard's Q3 2022 financial results were reported, demonstrating strong revenue and earnings growth.

Key Takeaways

Mastercard reported strong Q3 2022 results with a 15% increase in net revenue to $5.8 billion and a net income of $2.5 billion, or $2.58 per share. Adjusted EPS was $2.68. The results reflect resilient consumer spending and the continued recovery of cross-border travel.

Net revenue increased by 15%, reaching $5.8 billion, or 23% on a currency-neutral basis.

Net income was $2.5 billion, with diluted EPS at $2.58.

Adjusted net income reached $2.6 billion, with adjusted diluted EPS at $2.68.

Gross dollar volume increased by 11% on a local currency basis.

Total Revenue
$5.76B
Previous year: $4.99B
+15.5%
EPS
$2.68
Previous year: $2.37
+13.1%
GDV Growth (YOY)
11%
Previous year: 19.8%
-44.4%
Cross-border Vol. Growth (YOY)
44%
Switched Trans. Growth (YOY)
9%
Gross Profit
$3.11B
Previous year: $3.82B
-18.5%
Cash and Equivalents
$7.63B
Previous year: $6.41B
+19.2%
Free Cash Flow
$3.75B
Previous year: $2.4B
+55.8%
Total Assets
$37.6B
Previous year: $35.4B
+6.2%

Mastercard

Mastercard

Forward Guidance

Mastercard did not provide specific forward guidance in this earnings report.