| Segment Reporting Mastercard has concluded it has one reportable operating segment, “Payment Solutions.” The following represents the selected financial information of the Payment Solutions segment: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | | (in millions) | Net revenue | | $ | 9,277 | | | $ | 8,133 | | | $ | 17,675 | | | $ | 15,383 | | Less: | | | | | | | | | Personnel | | 1,947 | | | 1,852 | | | 3,984 | | | 3,540 | | Professional fees | | 128 | | | 107 | | | 252 | | | 220 | | Data processing and telecommunications | | 369 | | | 314 | | | 718 | | | 606 | | Foreign exchange activity | | 59 | | | 41 | | | 117 | | | 42 | | Advertising and marketing | | 217 | | | 213 | | | 370 | | | 365 | | Depreciation and amortization | | 309 | | | 281 | | | 608 | | | 556 | | Provision for litigation | | 82 | | | 96 | | | 82 | | | 247 | | Investment income | | (88) | | | (70) | | | (169) | | | (158) | | (Gains) losses on equity investments, net | | 2 | | | (4) | | | 68 | | | 25 | | Interest expense | | 218 | | | 195 | | | 403 | | | 377 | | Other (income) expense, net | | (31) | | | (16) | | | (106) | | | (21) | | Income tax expense | | 1,098 | | | 971 | | | 2,028 | | | 1,722 | | Other segment items 1 | | 579 | | | 452 | | | 1,050 | | | 881 | | Consolidated net income | | $ | 4,388 | | | $ | 3,701 | | | $ | 8,270 | | | $ | 6,981 | |
1Includes fulfillment costs, occupancy costs, travel and meeting expenses and other overhead expenses.
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