Mastercard reported earnings per share (EPS) of $5.31 against an estimate of $5.17, and revenue of $9.81 billion against an estimate of $9.66 billion, both beats. Shares rose 4.16% on the day to $635.70, against a prior close of $610.31, giving the company a market value of $556.88 billion.
Source: Trades before the open and in the regular session, against the prior close · as of October 29, 2026 at 6:45 PM ET · Five-minute closes. Extended-hours trading is thin; the price can move a long way before the open.
| Measure | Reported | Estimate | Result |
|---|---|---|---|
| Earnings per share | $5.31 | $5.17 | Beat |
| Revenue | $9.81 billion | $9.66 billion | Beat |
Source: Company earnings report and sell-side analyst consensus estimates · as of October 29, 2026 at 6:45 PM ET · Reported before the open on Thursday, October 29, 2026.
Against the quarters before
Mastercard has beaten estimates in each of the last four quarters. In the quarter reported July 30, 2026, EPS came in at $5.04 versus $4.77 expected, with revenue of $9.28 billion. In the quarter reported April 30, 2026, EPS was $4.60 versus $4.41 expected, with revenue of $8.40 billion. In the quarter reported January 29, 2026, EPS was $4.76 versus $4.24 expected, with revenue of $8.81 billion. In the quarter reported October 30, 2025, EPS was $4.38 versus $4.32 expected, with revenue of $8.60 billion.
Source: Company earnings reports and the consensus estimates at the time
| Reported | EPS | Estimate | Revenue | EPS result |
|---|---|---|---|---|
| July 30, 2026 | $5.04 | $4.77 | $9.28 billion | Beat |
| April 30, 2026 | $4.60 | $4.41 | $8.40 billion | Beat |
| January 29, 2026 | $4.76 | $4.24 | $8.81 billion | Beat |
| October 30, 2025 | $4.38 | $4.32 | $8.60 billion | Beat |
Source: Company earnings reports and the consensus estimates at the time
How the stock took it
Shares climbed 4.16% on the day to $635.70, up from a prior close of $610.31. According to Benzinga's account of the earnings call, management pointed to progress in agentic commerce and digital assets, including the BVNK acquisition that builds out stablecoin capabilities, alongside continued growth in value-added services such as cybersecurity and artificial intelligence (AI) tools, and said it expects net revenue growth for the full year to land near the top of its previously outlined range. Benzinga also reported that management flagged resilience among consumers and businesses even as geopolitical uncertainty persists.
| Measure | Value |
|---|---|
| Prior close | $610.31 |
| Price | $635.70 |
| Change | +4.16% |
Source: Stock quote for the regular session · as of October 29, 2026 at 6:45 PM ET
Who it buys from and sells to
Company filings list International Business Machines (IBM) as a supplier to Mastercard, alongside Bank of America, Citibank, JPMorgan Chase Bank and Wells Fargo Bank, which also supply Mastercard. This mix of a technology provider and major banking institutions reflects how payment networks like Mastercard depend on both infrastructure and financial institution partners to move transactions.
| Company | Role | Stock | Last move |
|---|---|---|---|
| IBM | Supplier | IBM | +2.00% |
| Bank of America, N.A. | Supplier | Not listed | — |
| Citibank, N.A. | Supplier | Not listed | — |
| JPMorgan Chase Bank, N.A. | Supplier | Not listed | — |
| Wells Fargo Bank, National Association | Supplier | Not listed | — |
Source: Relationships named in company filings (Earnings call transcript; SEC 8-K current report); stock quotes · as of October 29, 2026 at 6:45 PM ET · Named in filings; a neighbour's move is not evidence of a link to this report.