Mastercard Incorporated reported first-quarter 2026 net revenues of $8.40 billion, a 16% year-over-year increase that exceeded Wall Street projections. Adjusted earnings per share surged 23% to $4.60, surpassing the consensus estimate range of $4.41 to $4.53. The company maintained a 58% operating margin while expanding strategic capital expenditures, and global cross-border volume rose 13% driven by international travel recovery and cross-border digital merchant transactions. Warren Buffett's Berkshire Hathaway, which had held a stake in Mastercard since 2011, disclosed in the first quarter of 2026 that it had sold its entire position in the payments company.
Mastercard IncMastercard beat Q1 2026 earnings estimates with 16% revenue growth and 23% EPS surge.
Berkshire Hathaway IncBerkshire Hathaway sold its entire Mastercard stake, a capital allocation decision.