NYSE$MA

Mastercard · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported strong revenue and earnings growth due to robust consumer spending and increased cross-border volumes.

Mastercard reported strong second-quarter results, with a 21% increase in net revenue and a 10% increase in net income. The company's performance was driven by robust consumer spending and a significant increase in cross-border volumes, although increasing inflationary pressures are being closely monitored.

  • Net revenue increased by 21% to $5.5 billion, or 27% on a currency-neutral basis.
  • Net income reached $2.3 billion, with diluted earnings per share (EPS) of $2.34.
  • Adjusted net income was $2.5 billion, and adjusted diluted EPS was $2.56.
  • Gross dollar volume increased by 14%, and purchase volume increased by 18%, both on a local currency basis.

Headline financials

Total Revenue

$5.5B

Previous: $4.53B+21.4%
EPS (adj)

$2.56

Previous: $1.95+31.3%
Gross Dollar Volume

14.0%

No prior period
Cross-Border Volume

58.0%

No prior period
Switched Transactions

12.0%

No prior period
Capital Expenditures

-$201M

Previous: -$146M-37.7%
Free Cash Flow

$2.07B

Previous: $1.92B+8.0%
Net Income

$2.28B

Previous: $2.07B+10.1%
Operating Income

$3.02B

Previous: $2.34B+28.9%
Gross Profit

$5.5B

Previous: $4.53B+21.4%
Cash & Equivalents

$5.92B

Previous: $6.22B-4.7%
Total Assets

$36.2B

Previous: $34.9B+3.8%
Stock-Based Comp

$101M

Previous: $87M+16.1%

Revenue & EPS history

Mastercard · Revenue · Quarterly

$5.5B

Q2 2022+21.4%vs Q2 2021
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

The company did not provide specific financial guidance in this earnings report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+0.8%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+2.8%

Avg return

30 days after

62%

45 / 73 earnings

Positive

+11.0%

Q4 2021

Best reaction

-7.5%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.1%-5.4%-5.9%
Q4 2025+3.5%+5.6%-0.8%
Q3 2025-0.1%-0.3%-0.7%
Q2 2025+1.3%+1.2%+6.5%
Q1 2025-0.3%+2.0%+6.8%
Q4 2024+3.1%+1.9%+5.0%
Q3 2024-1.1%-1.6%+3.7%
Q2 2024+3.3%-1.2%+8.0%
Q1 2024-2.2%-0.4%-0.9%
Q4 2023+3.5%+2.6%+7.1%
Q3 2023-5.8%-2.6%+6.8%
Q2 2023-2.3%-1.3%+0.1%
Q1 2023+3.6%+2.5%+2.1%
Q4 2022-2.2%-3.1%-7.7%
Q3 2022+3.1%+4.3%+9.9%
Q2 2022+3.1%+1.7%-3.3%
Q1 2022+0.5%-1.0%-1.0%
Q4 2021+11.0%+13.8%+7.1%
Q3 2021-0.1%-2.2%-3.4%
Q2 2021+0.7%-4.1%-7.2%
Q1 2021-3.4%-5.0%-8.9%
Q4 2020+0.3%+6.0%+12.2%
Q3 2020-7.5%-8.6%+6.9%
Q2 2020-0.2%+1.6%+18.4%
Q1 2020+3.9%+1.8%+13.7%
Q4 2019+1.3%+1.3%-9.4%
Q3 2019+0.4%+1.1%+5.7%
Q2 2019-3.3%-4.3%-0.0%
Q1 2019+0.7%+0.3%+2.9%
Q4 2018+4.8%+5.8%+11.4%
Q3 2018+3.5%+3.5%+2.9%
Q2 2018-5.2%-7.5%-2.2%
Q1 2018+3.5%+4.9%+8.4%
Q4 2017+0.9%+0.2%+3.6%
Q3 2017-0.0%+0.2%+1.0%
Q2 2017-2.4%-1.1%+1.3%
Q1 2017+0.8%+1.0%+6.0%
Q4 2016-3.9%-2.5%+1.9%
Q3 2016+3.3%+0.4%+2.1%
Q2 2016+1.6%+1.6%+2.9%
Q1 2016-1.4%
Q4 2015+6.2%
Q3 2015-1.1%
Q2 2015+3.4%
Q1 2015-0.0%
Q4 2014+2.0%
Q3 2014+10.2%
Q2 2014-1.2%
Q1 2014+0.3%
Q4 2013-7.3%
Q3 2013+1.6%
Q2 2013+7.5%
Q1 2013-1.3%
Q4 2012+0.5%
Q3 2012+3.5%
Q2 2012-3.0%
Q1 2012-3.0%
Q2 2011+0.8%
Q4 2011+0.8%
Q3 2011+9.7%
Q1 2011+2.6%
Q4 2010+1.1%
Q3 2010+5.4%
Q2 2010+1.4%
Q1 2009-5.1%
Q1 2010+0.6%
Q2 2009-1.0%
Q4 2009-1.0%
Q4 2007-1.0%
Q3 2009+1.1%
Q3 2008+1.1%
Q2 2008+3.4%
Q4 2008+3.4%

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