The Company’s disaggregated net revenue by category and geographic region were as follows: | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | | | | 2026 | | 2025 | | | | | | | (in millions) | | Net revenue by category: | | | | | | | | | | Payment network | | | | | | $ | 4,948 | | | $ | 4,432 | | | Value-added services and solutions | | | | | | 3,450 | | | 2,818 | | | Net revenue | | | | | | $ | 8,398 | | | $ | 7,250 | | | Net revenue by geographic region: | | | | | | | | | Americas 1 | | | | | | $ | 3,564 | | | $ | 3,151 | | Asia Pacific, Europe, Middle East and Africa | | | | | | 4,834 | | | 4,099 | | | Net revenue | | | | | | $ | 8,398 | | | $ | 7,250 | |
1Americas includes the United States, Canada and Latin America. The following table sets forth the location of the amounts recognized on the consolidated balance sheets from contracts with customers: | | | | | | | | | | | | | | | | | March 31, 2026 | | December 31, 2025 | | | (in millions) | | Receivables from contracts with customers | | | | | Accounts receivable | | $ | 3,985 | | | $ | 4,010 | | Contract assets | | | | | | Prepaid expenses and other current assets | | 165 | | | 189 | | | Other assets | | 491 | | | 508 | | Deferred revenue 1 | | | | | | Other current liabilities | | 1,409 | | | 1,137 | | | Other liabilities | | 449 | | | 424 | | | | | | |
1 Revenue recognized from performance obligations satisfied for the three months ended March 31, 2026 was $752 million
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