Mastercard (MA) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter was essentially flat compared to the immediate prior quarter. However, it increased meaningfully from the same period one year ago.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter was essentially flat compared to the immediate prior quarter. However, it increased meaningfully from the same period one year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.5B
Revenue reported for this quarter.
Quarter-over-quarter
+0.2%
Change from the immediately preceding quarter.
Year-over-year
+12.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$25.1B
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 |
|---|---|---|
| Mar 31, 2023 | $5.7B | +11.2% |
| Jun 30, 2023 | $6.3B | +14.0% |
| Sep 30, 2023 | $6.5B | +13.5% |
| Dec 31, 2023 | $6.5B | +12.6% |
Revenue performance
The company's revenue remained stable at the level achieved in the preceding quarter. On a year-over-year basis, growth was robust.
Quarterly comparison
Sequential revenue was unchanged, while the comparison with the same quarter last year showed a solid increase.
What to watch
The lack of sequential revenue growth may be a point to observe in upcoming quarters.