canar.ai
Rankings/MA/Q4 2022 Analysis

Mastercard Inc

MA
Q4 2022(MA Q3 FY2022)Estimated4% AI
AI Revenue %
4%
AI Fair Value
$7.7B
AI Revenue (Q)
$858.9M
Total Revenue (Q)
$21.5B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q3 FY2022 net revenue was $5,756M (derived: 9M $16,420M minus H1 $10,664M). No AI-specific disclosure. Dynamic Yield had its first full quarter contributing. AI products (DI, NuData, RiskRecon, Ethoca, now Dynamic Yield) remain embedded in broader VAS offerings without separate disclosure. Estimated AI revenue: ~$230M / $5,756M = 4.0%.
Analyzed by claude-opus-4-6

Quoted Figures

Net Revenue $5,756 [Q3] ... Nine Months Ended September 30, 2022 $16,420
10-Q Sep 2022, Consolidated Statement of Operations
Other revenues $1,824 [Q3 2022]
10-Q Sep 2022, Note 3 Revenue

AI Products Identified (Ring 1)

Decision IntelligenceDynamic YieldNuData SecurityRiskReconEthoca

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.

cyber and intelligence solutionsanalytics and insightspersonalization services

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix