Mastercard Inc
MAQ3 2025(MA Q2 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
Q2 FY2025 net revenue was $8,133M, up 17% YoY. H1 FY2025 net revenue was $15,383M. Revenue disaggregation by category not available in extracted filing text. Based on trend: estimated VAS ~$3,090M in Q2 (VAS share ~38%). Revenue growth of 17% (currency-neutral 16%) was attributable to 'growth in our payment network and value-added services and solutions.' Operating margin expanded to 58.7%. Estimating ~18.5% of VAS as AI-driven: ~$3,090M * 0.185 = ~$572M. $572M / $8,133M = 7.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Net Revenue $8,133 [Q2 2025] ... $15,383 [H1 2025]
10-Q Jun 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 Jun 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