Mastercard Inc
MAQ2 2024(MA Q1 FY2024)Estimated6% AI
AI Revenue %
6%
AI Fair Value
$12.7B
AI Revenue (Q)
$411.1M
Total Revenue (Q)
$6.9B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q1 FY2024 net revenue was $6,348M. VAS was $2,428M (38.2% of total), Payment Network was $3,920M. VAS grew 15.7% YoY (from $2,098M in Q1 2023), significantly outpacing PN growth of 7.4%. The growing VAS share reflects increased adoption of AI-powered services. Mastercard continued to embed AI more deeply (Decision Intelligence Pro launched, generative AI for fraud detection). Estimating ~15.7% of VAS as AI-driven: $2,428M * 0.157 = ~$381M. $381M / $6,348M = 6.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Net revenue by category: Payment network $3,920 Value-added services and solutions $2,428 Net revenue $6,348
10-Q Mar 2024, Note 2 Revenue
regulation of privacy, data, AI, information security and the digital economy
10-Q Mar 2024, Forward-Looking Statements
AI Products Identified (Ring 1)
Decision IntelligenceDecision Intelligence ProDynamic YieldNuData SecurityRiskReconEthocaAI-powered analytics
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Value-Added Services and Solutionscyber and intelligence solutionspersonalizationgenerative AI fraud detection
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix