The above graph represents the quarterly revenue of Mastercard. Despite posting an astounding $3,807 million in revenue in fiscal Q4 2018, it is declined by a meagre 2.33% compared to the previous quarter. However, on a YoY basis, Mastercard revenue in fiscal Q4 2018 grew 14.94% from the same quarter a year ago.
The quarterly revenue of Mastercard has been steadily increasing from Q1 2001, albeit with few occasional crests and troughs. In Q3 2018, Mastercard recorded the highest revenue touching $ 3,898 million, with a 14.7% YoY growth.
It was Q3 2007 when Mastercard revenue surpassed the $1 billion mark. It took six years for the company to reach another milestone of $2 billion in revenue (Q2 2013) in a single quarter. Exactly after four years, in Q2 2017, Mastercard quarter revenue crossed $3 billion mark.
Mastercard Revenue, by Fiscal Quarter: Additional Info
Mastercard is an American multinational financial services corporation headquartered in the Mastercard International Global Headquarters in Purchase, New York, United States. The Global Operations Headquarters is located in O’Fallon, Missouri, United States, a municipality of St. Charles County, Missouri. Mastercard Incorporated (stylized as ‘MasterCard’ from 1979 to 2016 and ‘mastercard’ from 2016 to 2019).
The company, which had been organized as a cooperative of banks, had an initial public offering on May 25, 2006, selling 95.5 million shares at $39 each. The stock is traded on the NYSE under the symbol MA, with a market capitalization of $236.15 billion as of August 2016.
Mastercard was listed as one of the best companies to work for in 2013 by Forbes. Global payments company Mastercard has 2.3 billion cards in use in 210 countries as of 2018. There are around 13,400 employees currently working in the firm. Matercard is ranked at number 236 in the Fortune 500 company list 2018.
What it does:
Throughout the world, its principal business is to process payments between the banks of merchants and the card issuing banks or credit unions of the purchasers who use the “Mastercard” brand debit, credit and prepaid to make purchases.
Mastercard itself is a financial services business that partners with financial institutions to issue Mastercard branded cards that are processed through the Mastercard network. The issuing financial institution usually pays the cost of producing the cards and mailing them to customers with specific card terms. When a financial institution partners with Mastercard then it means that all transaction processing communications must be done through Mastercard as the network processor.