| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Net income | 10,908 | 6,981 | 3,280 | 9,532 |
| Amortization of customer incentives | 1,526 | 993 | 476 | 1,328 |
| Depreciation and amortization | 846 | 556 | 275 | 666 |
| (gains) losses on equity investments, net | 16 | -25 | -29 | -69 |
| Share-based compensation | 485 | 308 | 129 | 418 |
| Deferred income taxes | 77 | 81 | 37 | -261 |
| Other | -99 | -60 | -38 | -117 |
| Accounts receivable | 264 | 217 | 118 | -99 |
| Settlement assets | 14 | 590 | 296 | 743 |
| Prepaid expenses | 2,939 | 2,238 | 1,458 | 2,776 |
| Accrued litigation and legal settlements | -4 | 81 | 119 | -59 |
| Restricted security deposits held for customers | 180 | 125 | 26 | 23 |
| Accounts payable | -28 | -168 | 80 | 59 |
| Settlement obligations | 102 | 356 | 124 | 731 |
| Accrued expenses | 658 | -203 | -784 | 671 |
| Net change in other assets and liabilities | -1,030 | -833 | -423 | -72 |
| Net cash provided by operating activities | 12,646 | 6,983 | 2,380 | 9,946 |
| Purchases of investment securities available-for-sale | 385 | 247 | 119 | 414 |
| Purchases of investments held-to-maturity | 28 | 22 | 8 | 98 |
| Proceeds from sales of investment securities available-for-sale | 192 | 126 | 49 | 171 |
| Proceeds from maturities of investment securities available-for-sale | 183 | 125 | 76 | 204 |
| Proceeds from maturities of investments held-to-maturity | 46 | 27 | 16 | 363 |
| Purchases of property and equipment | 377 | 199 | 159 | 379 |
| Capitalized software | 548 | 367 | 198 | 565 |
| Purchases of equity investments | - | - | - | 28 |
| Proceeds from sales of equity investments | - | - | - | 23 |
| Other investing activities | 24 | 10 | -3 | 1 |
| Net cash used in investing activities | -941 | -567 | -340 | -724 |
| Purchases of treasury stock | 8,169 | 4,838 | 2,549 | 7,565 |
| Dividends paid | 2,072 | 1,385 | 694 | 1,842 |
| Proceeds from debt, net | 1,242 | 1,242 | 1,242 | 3,960 |
| Payment of debt | 750 | 750 | 750 | 1,336 |
| Tax withholdings related to share-based payments | 283 | 279 | 277 | 175 |
| Cash proceeds from employee stock plans | 139 | 117 | 41 | 163 |
| Other financing activities | -100 | -100 | - | - |
| Net cash used in financing activities | -9,993 | -5,993 | -2,987 | -6,795 |
| Effect of exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents | 325 | 341 | 121 | 75 |
| Net increase in cash, cash equivalents, restricted cash and restricted cash equivalents | 2,037 | 764 | -826 | 2,502 |
| Cash and cash equivalents at beginning of period | 10,808 | 10,808 | 10,808 | 10,465 |
| Cash and cash equivalents at end of period | 12,845 | 11,572 | 9,982 | 12,967 |
Mastercard Inc (MA)
Mastercard Inc (MA)