Below are the financial statements of Mastercard, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net revenue | 28,167a | 25,098a | 22,237a |
| Operating expenses | — | — | — |
| General and administrative | -10,193a | -8,927a | -8,078a |
| Advertising and marketing | -815a | -825a | -789a |
| Depreciation and amortization | -897a | -799a | -750a |
| Provision for litigation | -680a | -539a | -356a |
| Total operating expenses | -12,585a | -11,090a | -9,973a |
| Operating income | 15,582a | 14,008a | 12,264a |
| Other income (expense) | — | — | — |
| Investment income | 327a | 274a | 61a |
| Gains (losses) on equity investments, net | -29a | -61a | -145a |
| Interest expense | -646a | -575a | -471a |
| Other income (expense), net | 20a | -7a | 23a |
| Total other income (expense) | -328a | -369a | -532a |
| Income before income taxes | 15,254a | 13,639a | 11,732a |
| Income tax expense | -2,380a | -2,444a | -1,802a |
| Net income | 12,874a | 11,195a | 9,930a |
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