MA · 8-K · 20260430PR000029

Liquidity and Cash Position

Mastercard Inc · 2026-04-30 · Importance 79 · Surprise 66 · In source text

Cash and cash equivalents were $7,906 million at March 31, 2026 versus $10,566 million at December 31, 2025, and cash, cash equivalents and restricted cash at period-end were $13,248 million. Net cash provided by operating activities was $2,999 million in the quarter while net cash used in financing activities was $5,005 million, driven primarily by $4,035 million of treasury stock purchases and $777 million of dividends. Short-term debt increased to $1,748 million and long-term debt remains sizable at $17,212 million, indicating the company maintains substantial outstanding indebtedness alongside active capital returns.

Key facts

• Cash, cash equivalents, restricted cash and restricted cash equivalents - end of period (Q1 2026): $13,248 million source
• Cash and cash equivalents as of March 31, 2026: $7,906 million source
• Net change in cash, cash equivalents, restricted cash and restricted cash equivalents: decrease of $2,484 million for Q1 2026 source

Impact estimates