Mastercard reported third quarter 2026 financial results that exceeded analyst expectations on both revenue and earnings. Net revenue grew to $9.8 billion, a 14% increase year-over-year, while adjusted diluted EPS rose 21% to $5.31. The strong performance was driven by a 9% increase in switched transactions and continued double-digit growth in value-added services.
Key Highlights
- Net revenue increased 14% to $9.8 billion, supported by 19% growth in value-added services and solutions.
- Cross-border volume surged 11% on a local currency basis, reflecting sustained momentum in international travel and digital commerce.
- Adjusted operating margin reached 60.5%, expanding 0.7 percentage points as revenue growth outpaced a 12% rise in adjusted operating expenses.
- Mastercard repurchased 5.3 million shares for $3.0 billion during the quarter, with an additional $0.6 billion repurchased through October 26.