Mastercard (MA) Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Thu, January 29, 2026 astatine 9:39 AM CST 55 min read

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Thursday, January 29, 2026 astatine 9 a.m. ET

• Chief Executive Officer — Michael Miebach

• Chief Financial Officer — Sachin Mehra

• Head of Investor Relations — Devin Corr

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Devin Corr: Morning, everyone, and convey you for joining america for our 4th fourth 2025 net call. With maine contiguous are Michael Miebach, our Chief Executive Officer, and Sachin Mehra, our Chief Financial Officer. Following comments from Michael and Sachin, the relation volition denote your accidental to get into the queue for the Q&A session. It is lone past that the queue volition unfastened for questions. You tin entree our net release, supplemental show data, and a descent platform that travel this telephone successful the Investor Relations conception of our website, mastercard.com. Additionally, the merchandise was furnished with the SEC earlier this morning. Our comments contiguous regarding our fiscal results volition beryllium connected a non-GAAP currency neutral ground unless different noted.

The merchandise and the descent platform see reconciliations of non-GAAP measures to GAAP reported amounts. Finally, arsenic acceptable distant successful much item successful our net release, I would similar to punctual everyone that today's telephone volition see forward-looking statements regarding Mastercard's aboriginal performance. Actual show could disagree materially from these forward-looking statements. Information astir the factors that could impact aboriginal show are summarized astatine the extremity of our net merchandise successful our caller SEC filings. A replay of this telephone volition beryllium posted connected our website for 30 days. With that, I volition present crook the telephone implicit to our Chief Executive Officer, Michael Miebach.

Michael Miebach: Thank you, Devin. Good morning, everyone. There was a batch of enactment to adjacent retired 2025, and it's been a fast-paced commencement to the caller year. In that spirit, let's leap close in. My header for you today, we proceed to present successful 2025 was different precise beardown year. For the 4th quarter, nett revenues were up 15% wide with value-added services and solutions nett gross up 22% versus a twelvemonth agone connected a non-GAAP currency neutral basis. Our consistently coagulated show is driven by respective factors. First, we are focused. Our strategy is clear, and we're executing against it.

We're making beardown advancement against each of our strategical pillars and benefiting from the virtuous rhythm crossed our outgo web and services offerings. Second, we're innovative and agile. We spearhead the payments evolution. At the aforesaid time, environments shift. Customer needs, technology, regulation, truthful we adapt. And we prioritize ensuring we person the close capabilities and accomplishment sets. Recently, we completed a strategical reappraisal of our business. This volition effect successful reductions successful immoderate areas and roles, but pb to further concern and accrued absorption successful others. And finally, we're diversified and differentiated. Our concern extends crossed geographies, walk categories, and outgo adjacencies.