By Dean Seal

Consumers have kept spending even as government actions and geopolitical tensions continue to cloud the economic landscape ahead, according to Mastercard.

The credit-card company reported Thursday that revenue and earnings climbed in the second quarter. Consumer spending in its payment network remains healthy thanks to low unemployment and inflation-beating wage growth, Mastercard said.

"This is true across both affluent as well as mass market consumers," Chief Executive Michael Miebach said on a call with analysts.

Mastercard executives said spending should hold up through the rest of the year and that they expect to hit the high-end of their revenue guidance, though management will remain vigilant for signs of trouble.

"Ongoing geopolitical and economic uncertainty remains," Chief Financial Officer Sachin Mehra said on the call. "With global policy shifts ongoing, we remain agile, monitoring developments and we stand ready to adjust as needed."

Shares rose 2.9% to $575.09 during the trading day.

For the second quarter, Mastercard posted a profit of $3.7 billion, or $4.07 a share, compared with $3.3 billion, or $3.50 a share, in the same quarter a year earlier.

Stripping out one-time items, adjusted earnings were $4.15 a share. Analysts polled by FactSet had been expecting $4.03 a share.

Revenue rose 17% to $8.1 billion, topping analyst projections for $7.93 billion, according to FactSet.

The company said revenue from its payment network was up 13%, driven by a 9% higher total dollar size for transactions made on the network, 15% increase in cross-border volume and 10% jump in switched transactions.

The company's value-added services, including consulting and marketing services, saw a 23% bump in revenue. Some of that came from acquisitions, but it was mostly from Mastercard's security and authentication services, consumer acquisition and engagement services, and higher prices.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

July 31, 2025 14:15 ET (18:15 GMT)

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