The Business Study
Mastercard Incorporated · MAHow Mastercard makes money
Mastercard brought in $32.8 billion in revenue in 2025 and kept $15.0 billion as profit: $45.65 of every $100. Its biggest source of money was Payment network, at $19.5 billion (59% of the total).
From Mastercard's Form 10-K for the year ended December 31, 2025. Page updated November 8, 2026.
Out of every $100 Mastercard took in, it kept
Where Mastercard's money comes from. 2 lines in its 10‑K.
6 years of Mastercard's revenue and profit.
Fiscal years as Mastercard reports them; the latest ended December 31, 2025. Profit is net income.
Quick answers about Mastercard.
How does Mastercard make money?
Mastercard runs a card payment network and charges fees on the money that moves through it. It doesn't lend money itself. The biggest line in its latest 10-K is Payment network ($19.5 billion).
How much money does Mastercard make a year?
$32.8 billion in revenue in 2025, and $15.0 billion in net profit. That's up 16% from the year before.
Is Mastercard profitable?
Yes. Mastercard made $15.0 billion in net profit in 2025, which is $45.65 of every $100 it took in.
How many employees does Mastercard have?
About 39,800 employees as of December 31, 2025. That works out to $823,894 in revenue per employee.
Is Mastercard growing?
Yes. Revenue went from $15.3 billion in 2020 to $32.8 billion in 2025, up 114%.
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CompareSource: Mastercard Incorporated, annual report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 11, 2026.
Revenue, profit and the breakdowns are the numbers the company reported in that filing (its XBRL data). Profit means net income; "operating profit" means operating income. Nothing on this page is estimated.