MA · 8-K · 20261029PR000122

Liquidity and Debt Position

Mastercard Inc · 2026-10-29 · Importance 53 · Surprise 48 · From source text

At September 30, 2026, Mastercard reported $10.147 billion of cash and cash equivalents, compared with $10.566 billion at December 31, 2025. Short-term debt was $1.749 billion and long-term debt was $22.189 billion, for total debt of $23.938 billion, up from $19.0 billion at year-end 2025. Nine-month debt proceeds, net of discounts, were $5.596 billion, while debt payments were $618 million. Total assets were $58.149 billion and total liabilities were $51.409 billion at quarter-end.

Key facts

• Mastercard's cash and cash equivalents totaled $10.147 billion at September 30, 2026, compared with $10.566 billion at December 31, 2025. source
• Mastercard's long-term debt was $22.189 billion at September 30, 2026, compared with $18.251 billion at December 31, 2025. source
• Mastercard's nine-month 2026 net cash provided by operating activities was $11.859 billion, compared with $12.646 billion in the first nine months of 2025. source
• Mastercard's nine-month 2026 net cash used in financing activities was $9.425 billion, compared with $9.993 billion in the same period of 2025. source
• Mastercard's cash, cash equivalents, restricted cash and restricted cash equivalents totaled $12.942 billion at the end of the first nine months of 2026, compared with $12.845 billion at the end of the first nine months of 2025. source
• Mastercard used $2.603 billion of net cash in investing activities in the first nine months of 2026, compared with $941 million in the same period of 2025. source
• Mastercard's acquisition of businesses, net of cash acquired, used $1.372 billion in the first nine months of 2026; there was no such cash use in the comparable 2025 period. source
• Mastercard received $5.596 billion of net debt proceeds in the first nine months of 2026, compared with $1.242 billion in the same period of 2025. source

Impact estimates