Mastercard Q4 Revenue Climbs 17.6% to $8.8B with EPS Beat
Mastercard reported Q4 revenue of $8.806 billion, up 17.59% year-on-year, and adjusted EPS of $4.76 topped estimates by 12.3%, driven by 14% growth in cross-border volume and 26% surge in value-added services revenue. The company repurchased 6.4 million shares for $3.6 billion, leaving $16.7 billion of buyback authorization.
1. Q4 Financial Results
Mastercard’s Q4 revenue reached $8.806 billion, a 17.59% increase year-over-year, while adjusted EPS of $4.76 surpassed the $4.24 estimate by 12.26%. Cross-border transaction volume grew 14% in local currency and value-added services revenue expanded 26%.
2. Share Repurchases and Valuation
For full-year 2025, revenue totaled $32.791 billion, up 16.42%, with operating income of $18.897 billion. The company repurchased 6.4 million shares for $3.6 billion in Q4 and has $16.7 billion remaining under its share repurchase authorization, with a forward P/E of 26x.
3. Analyst Sentiment and Outlook
Analyst sentiment remains bullish, with 33 of 38 analysts rating the stock Buy or Strong Buy and a consensus target of $662.80. Mastercard’s position as a gateway to Latin America’s cross-border payments market underpins institutional conviction in its long-term growth.