Earnings call briefThird-quarter 2026

Mastercard MA

Mastercard expects Q4 currency-neutral growth, excluding inorganic activity

Mastercard also said it expects full-year 2026 net revenue growth at the high end of low double digits, currency-neutral and excluding inorganic activity.

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Mastercard said on its third-quarter call that it expects fourth-quarter net revenue growth at the high end of low double digits, currency-neutral and excluding inorganic activity. Mastercard also said it expects fourth-quarter operating expense growth at the high end of low double digits on the same basis, excluding inorganic activity. Mastercard also said it expects a non-GAAP tax rate of 20% to 21% for the full year and the fourth quarter.

Quotes from the call

“For the full year 2026, we expect net revenue growth to remain at the high end of low double digits range on a currency-neutral basis, excluding inorganic activity.”

Ling Hai, Chief Financial Officer

Key facts from the call

Expected fourth-quarter net revenue growth
High end of low double digits, currency-neutral, excluding inorganic activity
Expected fourth-quarter operating expense growth
High end of low double digits, currency-neutral, excluding inorganic activity
Expected fourth-quarter other income and expense
Expense of approximately $115 million, excluding gains and losses on equity investments
Expected non-GAAP tax rate
20% to 21%, for the full year and fourth quarter

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Source: Mastercard's third-quarter 2026 earnings call, October 29, 2026.

Written by GetSignal with AI from the company's earnings call.

Not investment advice.

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