Mastercard (NYSE: MA) reported higher fourth-quarter profit as resilient consumer spending and sustained international travel supported transaction volumes, lifting shares more than 2% intraday.
Net income rose to $4.06 billion, or $4.52 per share, from $3.34 billion, or $3.64 per share, a year earlier, beating consensus estimates of $4.25 per share.
Net revenue increased 17.6% year over year to $8.81 billion, slightly above expectations of $8.78 billion. Gross dollar volume rose 7% during the quarter, reflecting steady transaction growth.
The company said consumer spending remained resilient despite tariff-related uncertainty, with shoppers prioritizing essential purchases and seeking promotions during the holiday period. International travel also continued to recover, supporting cross-border transaction activity.
Mastercard noted that cross-border spending remained a higher-yield growth driver compared with domestic volumes, making international transactions a key contributor to revenue growth. Airlines including Delta Air Lines and United Airlines reported improving international demand, trends that typically benefit global card networks.
For the full year, Mastercard reported net revenue growth of 16%, or 15% on a currency-neutral basis. Value-added services and solutions revenue increased 23%, or 21% on a currency-neutral basis.
