Mastercard (MA) Revenue — Quarter Ended Mar 31, 2023
Revenue for the reported quarter declined sequentially but increased year over year. The sequential dip was modest, while the annual comparison showed continued growth.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the reported quarter declined sequentially but increased year over year. The sequential dip was modest, while the annual comparison showed continued growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.7B
Revenue reported for this quarter.
Quarter-over-quarter
-1.2%
Change from the immediately preceding quarter.
Year-over-year
+11.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$22.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $5.5B | -23.9% |
| Sep 30, 2022 | $5.8B | -26.5% |
| Dec 31, 2022 | $5.8B | +324.7% |
| Mar 31, 2023 | $5.7B | +11.2% |
Revenue performance
The company posted a slight decrease in revenue from the prior quarter, a shift from the stable or improved results seen in recent periods. Compared to the same quarter last year, revenue remained higher.
Quarterly comparison
Compared to the immediately preceding quarter, revenue edged lower, ending a streak of sequential gains or stability. Versus the same quarter one year earlier, revenue was clearly higher, underscoring persistent year-on-year momentum.
What to watch
The sequential decline, though small, marks a directional shift from prior quarters and may be worth monitoring in the next filing.