MA · 10-Q · 2026Q2 · Full report

Income Tax Rate Changes

Mastercard Inc · 2026-07-30 · Importance 22 · Surprise 32

The six-month effective income tax rate declined to 19.7% from 19.8% in the prior-year period, while the adjusted rate declined to 19.7% from 20.1%. The three-month effective tax rate fell to 20.0% from 20.8%, and the adjusted rate fell to 20.0% from 20.9%. Mastercard attributed the lower rates to partially offsetting tax impacts in 2026, including discrete tax benefits during the periods. Six-month income tax expense increased 18% to $2.028 billion as pretax earnings grew faster than the modest rate decline.

Key facts