MA · 10-Q · 2026Q1 · Full report

Litigation and Legal Risk

Mastercard Inc · 2026-04-30 · Importance 71 · Surprise 82

Mastercard recorded litigation-related special-item charges of $151 million ($102 million after tax, or $0.11 per diluted share) in the three months ended March 31, 2025, primarily from a change in estimate related to claims of merchants who opted out of the U.S. merchant class litigation; there were no litigation charges in Q1 2026. The company discloses that litigation provisions and legal/regulatory proceedings affect adjusted operating expenses and could negatively impact liquidity and access to capital. Mastercard refers readers to Note 14 (Legal and Regulatory Proceedings) for further discussion of material legal matters and to its 2025 Form 10-K risk factors for related risks.