Mastercard (MA) Revenue — Quarter Ended Jun 30, 2024
Revenue increased compared to the prior quarter and the same quarter last year, reflecting continued growth momentum. The company maintained a strong cash position as highlighted in its liquidity discussion.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased compared to the prior quarter and the same quarter last year, reflecting continued growth momentum. The company maintained a strong cash position as highlighted in its liquidity discussion.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7B
Revenue reported for this quarter.
Quarter-over-quarter
+9.7%
Change from the immediately preceding quarter.
Year-over-year
+11.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$26.4B
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 |
|---|---|---|
| Sep 30, 2023 | $6.5B | +13.5% |
| Dec 31, 2023 | $6.5B | +12.6% |
| Mar 31, 2024 | $6.3B | +10.4% |
| Jun 30, 2024 | $7B | +11.0% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, building on the upward trend seen in recent periods.
Quarterly comparison
Compared to the same quarter one year earlier, revenue also showed an increase. The sequential improvement followed a slight dip in the prior quarter, indicating a rebound in the latest period.
What to watch
Management noted in the liquidity section that existing cash and investments are sufficient to meet near-term obligations, though global credit market conditions could pose risks.