MA · 10-Q · 2026Q1 · Full report
Other income (expense) - Equity Investment Losses
Mastercard Inc · 2026-04-30 · Importance 53 · Surprise 82 · From source text
Mastercard recorded net losses on equity investments of $66 million in Q1 2026 ($63 million after tax, $0.07 per diluted share) versus net losses of $29 million in Q1 2025 ($25 million after tax, $0.03 per diluted share), primarily from unrealized fair value adjustments on marketable and nonmarketable equity securities. Total other income (expense) was $(95) million in Q1 2026 versus $(118) million in Q1 2025; adjusted other income (expense) was $(28) million versus $(89) million. The increase in other income (expense), net for Q1 2026 was attributed primarily to government grants. These equity investment mark‑to‑market losses were excluded from the company’s non‑GAAP adjusted results.
Key facts
- Recorded net losses on equity investments in the three months ended March 31, 2026: $66 million ( $63 million after tax, or $0.07 per diluted share) and in 2025: $29 million ($25 million after tax, or $0.03 per diluted share), primarily related to unrealized fair market value adjustments. source
- Total other income (expense) for the three months ended March 31, 2026: $(95) million versus $(118) million in the comparable period in 2025 (improvement of $23 million), with adjusted total other income (expense) of $(28) million in 2026. source
- Interest expense for the three months ended March 31, 2026: $(185) million, versus $(182) million in the comparable period in 2025 (unfavorable $3 million). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -0.5% | Recorded net losses on equity investments in the three months ended March 31, 2026: $66 million ( $63 million after tax, or $0.07 per… |
| net_income | positive | realized | +0.3% | Total other income (expense) for the three months ended March 31, 2026: $(95) million versus $(118) million in the comparable period in… |