Mastercard reported robust Q2 2024 financial results with net revenue increasing 11% to $7.0 billion, driven by healthy consumer spending and 17% cross-border volume growth. Net income rose 15% to $3.3 billion, with diluted EPS of $3.50. Value-added services revenue grew 18% as demand for consulting, data analytics and security solutions remained strong.Key operational metrics showed solid performance with gross dollar volume up 9% to $2.4 trillion and switched transactions increasing 11%. The company maintained strong profitability with an operating margin of 58.0%. Cross-border volume growth of 17% reflected continued recovery in international travel and spending.During Q2, Mastercard returned $3.2 billion to shareholders through share repurchases of $2.6 billion and dividends of $615 million. The company's customer base reached 3.4 billion Mastercard and Maestro-branded cards globally, demonstrating continued expansion of its payment network.

Mastercard reported robust Q2 2024 financial results with net revenue increasing 11% to $7.0 billion, driven by healthy consumer spending and 17% cross-border volume growth. Net income rose 15% to $3.3 billion, with diluted EPS of $3.50. Value-added services revenue grew 18% as demand for consulting, data analytics and security solutions remained strong.Key operational metrics showed solid performance with gross dollar volume up 9% to $2.4 trillion and switched transactions increasing 11%. The company maintained strong profitability with an operating margin of 58.0%. Cross-border volume growth of 17% reflected continued recovery in international travel and spending.During Q2, Mastercard returned $3.2 billion to shareholders through share repurchases of $2.6 billion and dividends of $615 million. The company's customer base reached 3.4 billion Mastercard and Maestro-branded cards globally, demonstrating continued expansion of its payment network.