Mastercard reported that its value-added services and solutions business grew substantially faster than its core payment network during the second quarter of 2026, highlighting the segment’s increasing importance to the company’s broader growth strategy.
Value-added services and solutions net revenue increased 20% year over year, or 18% on a currency-neutral basis. Growth was driven by security solutions, consumer acquisition and engagement services, digital and authentication products, and business and market insights and pricing.
The performance significantly outpaced Mastercard’s traditional payment network business, where net revenue increased 10%, or 8% on a currency-neutral basis. This suggests the company is increasingly generating growth from services surrounding payments rather than relying only on transaction processing.
Mastercard’s payment network nevertheless continued to benefit from healthy consumer and cross-border activity. Gross dollar volume increased 8% on a local-currency basis to $2.9 trillion, cross-border volume rose 12% and switched transactions increased 9%.
Overall second-quarter net revenue increased 14% to $9.3 billion, or 12% on a currency-neutral basis. Net income rose 19% to $4.4 billion, while diluted earnings per share increased 22% to $4.97.
Adjusted net income increased 18% to $4.5 billion, and adjusted diluted earnings per share rose 21% to $5.04. Mastercard’s adjusted operating margin expanded to 61.1% from 59.9% a year earlier.
The faster growth in value-added services also continued across the first half of 2026. Year-to-date revenue from the segment increased 21%, or 18% on a currency-neutral basis, supported by security, authentication, digital engagement and business intelligence offerings.
For the first six months of the year, Mastercard generated $17.7 billion in net revenue, up 15%. Net income increased 18% to $8.3 billion, and diluted earnings per share rose 22% to $9.32.
Mastercard’s expanding value-added services business provides the company with revenue streams tied to cybersecurity, fraud prevention, customer engagement, data analytics and digital authentication. The results indicate these services are becoming an increasingly important complement to the company’s global payments network.
KEY QUOTES:
“We delivered above expectations with net revenue growth at 14% year-over-year, or 12% on a currency-neutral basis in the second quarter. These results reflect our role in powering more ways to shop, pay and do business. From new partnerships in Mexico and the UAE to our market-first Agentic Payment capability, we’re unlocking opportunities unique to Mastercard and shaping what’s next in commerce.”
Michael Miebach, CEO of Mastercard
