MA · 8-K · 20260730PR000081

Income Tax Rate Changes

Mastercard Inc · 2026-07-30 · Importance 15 · Surprise 14

Mastercard’s second-quarter effective income tax rate declined to 20.0% from 20.8% in the year-ago quarter. The adjusted tax rate also declined to 20.0% from 20.9%, contributing to reported net income growth of 19% and adjusted net income growth of 18%. Year-to-date, the reported tax rate was 19.7% versus 19.8% in 2025, while the adjusted rate was 19.7% versus 20.1%. The company attributed the lower rates to partially offsetting tax impacts, including discrete tax benefits in both periods.

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