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Dec 31, 2022

Mastercard Q4 2022 Earnings Report

Reported strong financial results driven by growth in net revenue and adjusted diluted EPS.

Key Takeaways

Mastercard reported a strong fourth quarter with net revenue increasing by 12% and adjusted diluted EPS growing by 13%. The company saw growth in gross dollar volume and cross-border volume, driven by the continued recovery of cross-border travel and resilient consumer spending.

Net revenue increased 12%, or 17% on a currency-neutral basis.

Net income reached $2.5 billion, with a diluted EPS of $2.62.

Adjusted diluted EPS was $2.65, reflecting a 13% increase.

Gross dollar volume grew by 8% on a local currency basis.

Total Revenue
$5.82B
Previous year: $5.22B
+11.5%
EPS
$2.65
Previous year: $2.35
+12.8%
Gross Dollar Volume
8%
Previous year: 23.1%
-65.4%
Cross-Border Volume
31%
Switched Transactions
8%
Gross Profit
$4.44B
Previous year: $4.13B
+7.5%
Cash and Equivalents
$7.01B
Previous year: $7.42B
-5.6%
Free Cash Flow
$2.97B
Previous year: $3.07B
-3.2%
Total Assets
$38.7B
Previous year: $37.7B
+2.8%

Mastercard

Mastercard

Mastercard Revenue by Geographic Location

Forward Guidance

Mastercard is well prepared to adjust its investment profile quickly if needed, while macroeconomic and geopolitical uncertainty persists, consumer spending has been remarkably resilient.

Revenue & Expenses

Visualization of income flow from segment revenue to net income