v3.26.1
Segment Reporting
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
Mastercard has concluded it has one reportable operating segment, “Payment Solutions.” The following represents the selected financial information of the Payment Solutions segment:
Three Months Ended March 31,
20262025
(in millions)
Net revenue
$8,398 $7,250 
Less:
Personnel
2,037 1,688 
Professional fees
124 113 
Data processing and telecommunications
349 292 
Foreign exchange activity
58 
Advertising and marketing
153 152 
Depreciation and amortization
299 275 
Provision for litigation
— 151 
Investment income
(81)(88)
(Gains) losses on equity investments, net
66 29 
Interest expense
185 182 
Other (income) expense, net
(75)(5)
Income tax expense
930 751 
Other segment items 1
471 429 
Consolidated net income
$3,882 $3,280 
1Includes fulfillment costs, occupancy costs, travel and meeting expenses and other overhead expenses.