Mastercard delivered robust Q3 2025 results, with net revenues increasing 15% driven by strong consumer spending and strategic partnerships, particularly in value-added services.

• Value-added services and solutions revenue rose 22% year-over-year on a non-GAAP currency-neutral basis.
• Strong momentum in co-brand partnerships with major airlines and retailers, enhancing consumer reach.
• Continued expansion in digital wallets and closed-loop payment networks, with a 25% increase in GDV on open-loop transit systems.
• Strategic focus on agentic commerce, facilitating secure transactions via partnerships with OpenAI and other industry leaders.
• The launch of the Mastercard Agent Pay feature marks a significant development in enabling payments through agents.