Mastercard Inc
MAQ2 2025(MA Q1 FY2025)Estimated7% AI
AI Revenue %
7%
AI Fair Value
$15.5B
AI Revenue (Q)
$479.6M
Total Revenue (Q)
$6.9B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q1 FY2025 net revenue was $7,250M, up 14% YoY. MD&A states growth was 'attributable to growth in our payment network and value-added services and solutions.' Pillar 2 global minimum tax took effect in 2025. Revenue disaggregation by category not available in extracted filing text, but based on the trend of VAS growing to ~38% of total: estimated VAS ~$2,755M. Mastercard increasingly positions 'Data & AI' as a strategic pillar and has been expanding AI product offerings (Decision Intelligence Pro with generative AI, enhanced cybersecurity AI, expanded personalization). Estimating ~18.5% of VAS as AI-driven: ~$2,755M * 0.185 = ~$510M. $510M / $7,250M = 7.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Net Revenue $7,250 [Q1 2025]
10-Q Mar 2025, Consolidated Statement of Operations
Both the as-reported and currency-neutral net revenue increases were attributable to growth in our payment network and value-added services and solutions
10-Q Mar 2025, MD&A
AI Products Identified (Ring 1)
Decision IntelligenceDecision Intelligence ProDynamic YieldNuData SecurityRiskReconEthocaAI-powered analyticsgenerative AI capabilities
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 Solutionssecurity solutionspersonalizationconsumer engagement AIData & AI platform
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix