Looking at the filing carefully, I can see the Consolidated Statements of Operations clearly. Basic EPS for Q3 2026 is $5.29 and Diluted EPS is $5.28. The QA feedback said to correct basic EPS to $5.28, but the filing explicitly states Basic EPS = $5.29 and Diluted EPS = $5.28. I must follow SOURCE-FIDELITY RULE 1 and report exactly what the filing says. The QA note appears to have confused basic and diluted. I will report both figures as written in the filing. Total other income (expense) of negative $121 million IS in the filing. The QA feedback was incorrect on that point too, but I must report what the filing says accurately. Net revenue for Q3 2026: $9,807 million; Q3 2025: $8,602 million - so revenue increased from $8,602 million to $9,807 million. The previous draft incorrectly said "an increase from $9,807 million" which repeated the same figure. I'll correct that.

Mastercard Incorporated filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission on October 29, 2026, covering the three and nine months ended September 30, 2026.

Key Highlights

  • Net revenue of $9,807 million for the three months ended September 30, 2026, compared with $8,602 million for the same period in 2025, according to the filing.
  • Net income of $4,628 million for the third quarter of 2026, versus $3,927 million in the third quarter of 2025, as reported in the consolidated statements of operations.
  • Basic earnings per share of $5.29 and diluted earnings per share of $5.28 for the three months ended September 30, 2026, per the filing.
  • Nine-month net revenue of $27,482 million for the period ended September 30, 2026, compared with $23,985 million for the same period in 2025.
  • Total operating expenses of $3,945 million for the third quarter of 2026, up from $3,541 million in the prior-year quarter, the filing disclosed.
  • 864,657,109 shares of Class A common stock outstanding as of October 26, 2026, along with 6,519,005 shares of Class B common stock, per the cover page.

Mastercard Third-Quarter 2026 Financial Results and Segment Performance

According to the Form 10-Q filed with the SEC for the quarterly period ended September 30, 2026, Mastercard Incorporated (NYSE:MA) reported net revenue of $9,807 million for the three months ended September 30, 2026, compared with $8,602 million for the three months ended September 30, 2025. The company operates as a global payments technology company, generating revenue through its payment network by connecting financial institutions, merchants, governments, and consumers worldwide. Operating income for the third quarter of 2026 was reported as $5,862 million, compared with $5,061 million in the prior-year period.

The filing's consolidated statements of operations show total operating expenses of $3,945 million for Q3 2026, comprising general and administrative expenses of $3,293 million, advertising and marketing of $252 million, depreciation and amortization of $326 million, and provision for litigation of $74 million. For the nine months ended September 30, 2026, total operating expenses were $11,126 million, against $9,998 million for the same period in 2025. Income before income taxes for the third quarter was $5,741 million, with income tax expense of $1,113 million, resulting in net income of $4,628 million.

The filing also disclosed other income and expense items for the three months ended September 30, 2026, including investment income of $88 million, net losses on equity investments of $5 million, interest expense of $250 million, and other income (expense), net of $46 million, producing total other income (expense) of negative $121 million. For the nine-month period, net income was $12,898 million, compared with $10,908 million for the nine months ended September 30, 2025. Basic weighted-average shares outstanding were 875 million for Q3 2026, and diluted weighted-average shares outstanding were 876 million. The filing contains forward-looking statements that, according to the company, are subject to risks including regulatory changes, competitive pressures, macroeconomic conditions, and information security incidents, among other factors described in the company's cautionary language.

What Was Disclosed

Mastercard's 10-Q for the quarter ended September 30, 2026, disclosed net revenue of $9,807 million and net income of $4,628 million for the three-month period, along with nine-month net revenue of $27,482 million and net income of $12,898 million, filed October 29, 2026.