MA · 10-Q · 2026Q1 · Full report

Provision for Litigation

Mastercard Inc · 2026-04-30 · Importance 59 · Surprise 82

There were no litigation charges recorded in the three months ended March 31, 2026, compared with $151 million of litigation charges recorded in the three months ended March 31, 2025 related to merchant opt-out claims in U.S. merchant class litigation. The prior-period liability drove an after-tax impact of $102 million ($0.11 per diluted share) in 2025. The absence of current-period litigation provisions supported lower GAAP operating expenses versus what they otherwise would have been. Management continues to disclose legal and regulatory proceedings as potential future impacts on liquidity and results.

Key facts

• For the three months ended March 31, 2026 there were no litigation charges. source
• Litigation provisions recorded in the three months ended March 31, 2025: $151 million ($102 million after tax, or $0.11 per diluted share), primarily due to change in estimate related to claims of merchants who opted out of the U.S. merchant class litigation. source