MA · 10-Q · 2026Q2 · Full report

Market Demand Trends

Mastercard Inc · 2026-07-30 · Importance 42 · Surprise 40

Mastercard-branded GDV increased 9% in U.S. dollars and 8% in local currency in the three months ended June 30, 2026, and increased 10% and 8%, respectively, for the six-month period. Worldwide GDV excluding the United States grew 11% in U.S. dollars and 9% in local currency in the quarter, versus 6% in both measures for the United States. Switched transactions increased 9% in U.S. dollars and 10% in local currency in both periods, indicating continued growth in payment activity across Mastercard-branded programs.

Key facts