Financial Statements — MA
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 7.91 | 10.31 | 9.03 | 7.58 | 11.06 | 7.00 | 7.29 | 6.89 | 6.17 | 6.57 | 7.63 | 5.92 | 6.88 | 6.41 | 6.22 | 7.25 |
| Accounts Receivable | 4.72 | 4.25 | 4.18 | 3.97 | 4.01 | 4.20 | 4.23 | 3.93 | 3.76 | 3.51 | 3.17 | 3.18 | 2.89 | 2.82 | 2.77 | 2.65 |
| Total Current Assets | 22.50 | 23.22 | 22.14 | 19.80 | 22.30 | 17.78 | 18.42 | 16.98 | 16.53 | 16.42 | 16.82 | 15.21 | 15.95 | 15.38 | 15.08 | 16.41 |
| Property, Plant & Equipment | 2.35 | 2.30 | 2.23 | 2.17 | 2.18 | 2.15 | 2.08 | 1.97 | 1.99 | 2.01 | 1.95 | 1.95 | 1.96 | 1.86 | 1.84 | 1.85 |
| Goodwill | 9.53 | 9.57 | 9.60 | 9.35 | 7.72 | 7.56 | 7.55 | 7.49 | 7.58 | 7.58 | 7.18 | 7.52 | 7.63 | 7.57 | 7.66 | 7.05 |
| Intangible Assets | 5.50 | 5.59 | 5.63 | 5.53 | 4.24 | 4.15 | 4.12 | 4.02 | 4.05 | 4.03 | 3.58 | 3.68 | 3.68 | 3.56 | 3.61 | 3.32 |
| Total Non-current Assets* | 29.95 | 30.07 | 29.29 | 28.67 | 24.94 | 24.55 | 24.18 | 22.69 | 22.47 | 22.52 | 20.79 | 21.02 | 21.21 | 20.03 | 19.83 | 18.40 |
| Total Assets | 52.45 | 53.29 | 51.43 | 48.47 | 47.24 | 42.33 | 42.60 | 39.67 | 39.00 | 38.94 | 37.61 | 36.23 | 37.16 | 35.41 | 34.91 | 34.80 |
| Accounts Payable | 1.03 | 0.94 | 0.82 | 0.99 | 0.91 | 0.84 | 0.79 | 0.59 | 0.64 | 0.74 | 0.62 | 0.63 | 0.67 | 0.56 | 0.55 | 0.48 |
| Total Current Liabilities | 22.93 | 20.69 | 19.03 | 17.83 | 17.29 | 15.59 | 16.91 | 14.52 | 14.64 | 13.65 | 13.48 | 12.09 | 11.93 | 11.56 | 11.30 | 11.48 |
| Long-term Debt | 17.21 | 18.98 | 18.97 | 18.80 | 17.61 | 14.52 | 13.54 | 14.23 | 14.28 | 15.29 | 13.58 | 13.75 | 13.87 | 13.21 | 13.25 | 13.22 |
| Total Non-current Liabilities* | 22.79 | 24.68 | 24.53 | 23.95 | 22.45 | 19.26 | 18.39 | 18.77 | 18.79 | 19.88 | 17.69 | 17.88 | 18.11 | 17.05 | 17.05 | 16.87 |
| Total Liabilities | 45.73 | 45.37 | 43.56 | 41.77 | 39.74 | 34.85 | 35.29 | 33.29 | 33.42 | 33.53 | 31.17 | 29.97 | 30.03 | 28.61 | 28.34 | 28.35 |
| Retained Earnings | 88.15 | 81.75 | 78.51 | 75.50 | 70.26 | 67.60 | 64.96 | 60.39 | 57.73 | 55.42 | 51.63 | 49.60 | 47.80 | 43.75 | 41.77 | 40.14 |
| Total Stockholder Equity | 6.72 | 7.90 | 7.85 | 6.67 | 7.44 | 7.42 | 7.24 | 6.31 | 5.50 | 5.33 | 6.36 | 6.17 | 7.03 | 6.70 | 6.44 | 6.33 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 8.40 | 8.81 | 8.60 | 8.13 | 7.25 | 7.49 | 7.37 | 6.96 | 6.35 | 6.55 | 6.53 | 6.27 | 5.75 | 5.82 | 9.17 | 8.70 | 8.03 | 8.37 | 7.83 | 7.22 |
| Selling, General & Admin | 3.04 | 3.11 | 2.92 | 2.77 | 2.52 | 2.75 | 2.74 | 2.42 | 2.29 | 2.40 | 2.29 | 2.20 | 2.04 | 2.22 | 2.07 | 1.95 | 1.84 | 1.86 | 1.83 | 1.72 |
| Total Operating Expenses | 3.49 | 3.90 | 3.54 | 3.36 | 3.10 | 3.55 | 3.37 | 2.93 | 2.74 | 3.18 | 2.69 | 2.61 | 2.61 | 2.63 | 2.64 | 2.48 | 2.22 | 2.39 | 2.27 | 2.19 |
| Operating Income | 4.91 | 4.91 | 5.06 | 4.78 | 4.15 | 3.94 | 4.00 | 4.04 | 3.60 | 3.37 | 3.84 | 3.66 | 3.14 | 3.18 | 3.11 | 3.02 | 2.95 | 2.83 | 2.72 | 2.34 |
| Interest Expense | -- | -- | -- | -- | -- | -- | 0.16 | 0.15 | 0.15 | 0.15 | 0.15 | 0.14 | 0.13 | 0.13 | 0.12 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 |
| Pretax Income | 4.81 | 4.88 | 5.00 | 4.67 | 4.03 | 3.89 | 3.87 | 3.94 | 3.56 | 3.32 | 3.76 | 3.70 | 2.85 | 3.09 | 3.07 | 2.80 | 2.77 | 2.82 | 2.82 | 2.48 |
| Tax Provision | 0.93 | 0.82 | 1.07 | 0.97 | 0.75 | 0.55 | 0.60 | 0.68 | 0.55 | 0.53 | 0.56 | 0.86 | 0.49 | 0.56 | 0.57 | 0.52 | 0.14 | 0.44 | 0.40 | 0.41 |
| Net Income | 3.88 | 4.06 | 3.93 | 3.70 | 3.28 | 3.34 | 3.26 | 3.26 | 3.01 | 2.79 | 3.20 | 2.85 | 2.36 | 2.53 | 2.50 | 2.28 | 2.63 | 2.38 | 2.41 | 2.07 |
| Basic EPS | 4.35 | 4.51 | 4.35 | 4.08 | 3.60 | 3.63 | 3.54 | 3.51 | 3.23 | 2.97 | 3.40 | 3.01 | 2.48 | 2.64 | 2.59 | 2.34 | 2.69 | 2.41 | 2.45 | 2.09 |
| Diluted EPS | 4.35 | 4.52 | 4.34 | 4.07 | 3.59 | 3.64 | 3.53 | 3.50 | 3.22 | 2.97 | 3.39 | 3.00 | 2.47 | 2.62 | 2.58 | 2.34 | 2.68 | 2.41 | 2.44 | 2.08 |
Cash Flow Statement
(in billions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 3.00 | 5.00 | 5.66 | 4.60 | 2.38 | 4.83 | 5.14 | 3.14 | 1.67 | 4.13 | 3.23 | 2.70 | 1.92 | 3.10 | 3.86 | 2.46 | 1.78 | 3.19 | 2.54 | 2.27 |
| Capital Expenditures | 0.15 | 0.11 | 0.18 | 0.04 | 0.16 | 0.10 | 0.11 | 0.12 | 0.16 | 0.08 | 0.10 | 0.08 | 0.11 | 0.13 | 0.11 | 0.06 | 0.15 | 0.12 | 0.14 | 0.08 |
| Free Cash Flow* | 2.85 | 4.89 | 5.49 | 4.56 | 2.22 | 4.74 | 5.03 | 3.02 | 1.52 | 4.05 | 3.13 | 2.62 | 1.81 | 2.97 | 3.75 | 2.40 | 1.64 | 3.07 | 2.40 | 2.19 |
| Investing Cash Flow | (0.36) | (0.42) | (0.37) | (0.23) | (0.34) | (2.68) | (0.26) | (0.29) | (0.17) | (0.21) | (0.52) | (0.22) | (0.40) | (0.35) | (0.31) | (0.52) | (0.29) | (0.44) | (0.13) | (1.14) |
| Financing Cash Flow | (5.00) | (4.19) | (4.00) | (3.01) | (2.99) | (4.04) | (0.86) | (3.26) | (2.68) | (2.35) | (2.40) | (2.78) | (1.95) | (3.61) | (1.74) | (2.82) | (2.15) | (1.62) | (2.14) | (2.19) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q4
2018 | Q3
2018 | Q2
2018 | Q1
2018 | Q4
2017 | Q3
2017 | Q2
2017 | Q1
2017 | Q4
2016 | Q3
2016 | Q2
2016 | Q1
2016 | Q4
2015 |
|---|
| Dividends Per Share | 0.87 | 0.87 | 0.76 | 0.76 | 0.76 | 0.76 | 0.66 | 0.33 | 0.25 | 0.25 | 0.25 | 0.25 | 0.22 | 0.22 | 0.22 | 0.22 | 0.19 | 0.19 | 0.19 | 0.19 |
