The company said net revenue for Q2 2025 was $8.1 billion, up 17% (16% on a currency-neutral basis), with net income of $3.7 billion and diluted earnings per share (EPS) of $4.07.

1. 01

   The company said net revenue for Q2 2025 was $8.1 billion, up 17% (16% on a currency-neutral basis), with net income of $3.7 billion and diluted earnings per share (EPS) of $4.07.

2. 02

   Mastercard said gross dollar volume for Q2 rose 9% on a local currency basis to $2.6 trillion, cross-border volume grew 15%, and switched transactions increased 10%.

3. 03

   The company said its effective tax rate for Q2 was 20.8%, higher than 17.3% a year earlier, and cited the 15% global minimum tax (Pillar 2 Rules) that took effect in 2025 in Singapore and various other jurisdictions as the main factor.

4. 04

   The company said it repurchased 4.2 million shares for $2.3 billion during Q2 2025 and paid $691 million in dividends, and that as of July 28, the remaining amount under approved share repurchase programs was $9.3 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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