MA · 10-Q · 2026Q2 · Full report

Operating Cash Flow Trends

Mastercard Inc · 2026-07-30 · Importance 49 · Surprise 32 · In source text

Net cash provided by operating activities was $6.772 billion for the six months ended June 30, 2026, down $211 million from $6.983 billion in the prior-year period. The decline occurred despite higher net income because higher customer incentive payments and cash paid for litigation settlements more than offset the benefit from higher net income after non-cash adjustments. Investing cash outflows increased $312 million to $879 million, primarily because of higher property and equipment purchases. Financing cash outflows decreased $953 million to $5.040 billion, reflecting higher debt-issuance proceeds and lower debt repayments, partly offset by larger share repurchases and dividend payments.

Key facts

• Generated net cash flows from operations of $6.8 billion for the six months ended June 30, 2026 source
• Net cash provided by operating activities for the six months ended June 30, 2026: $6,772 million versus $6,983 million in 2025 (decrease of $211 million) source

Impact estimates