MA 最新10-Q变化
将 MA 最新的定期申报(10-K/10-Q)与上一份同类型申报逐章节对比:每个章节新增/删除的段落数与原文摘录。全部为确定性文本对比——无相似度评分、无方向判断、非投资建议。
对比:10-Q · 2026-07-30 与上一份 10-Q · 2026-04-30
| 章节 | 结果 | 新增 | 删除 | 微调 | 未变 |
|---|---|---|---|---|---|
| 管理层讨论与分析 | 文字有新增/删除 | +51 | −23 | ~18 | 53 |
| 市场风险(第3项) | 文字有新增/删除 | 0 | 0 | ~5 | 2 |
| 控制与程序 | 文字有新增/删除 | 0 | 0 | ~1 | 1 |
| 其他信息 | 文字有新增/删除 | +5 | −6 | 0 | 2 |
计数单位为段落;"新增/删除"指相对上一份文件新增/删除的文字,不含方向或好坏判断。
未列出(无法可靠提取或缺失):法律诉讼、风险因素
代表性摘录
每个章节最多 5 条、每条约 300 字符的原文摘录,直接来自两份 SEC 文件。
管理层讨论与分析
相对上期新增的文字 · 来源:10-Q · 2026-07-30
Three Months Ended June 30,Increase/(Decrease)Six Months Ended June 30,Increase/(Decrease)
Three Months Ended June 30,Increase/(Decrease)Six Months Ended June 30,Increase/(Decrease)
20262025As adjustedCurrency-neutral20262025As adjustedCurrency-neutral
Both the as-reported and currency-neutral net revenue increases were attributable to growth in our payment network and value-added services and solutions.
Both the as-reported and as-adjusted operating expenses increases were primarily due to higher general and administrative expenses.
相对上期删除的文字 · 来源:10-Q · 2026-04-30
Adjusted effective income tax rate19.2 %19.1 %0.1 ppt0.1 ppt
The as-reported income tax rate was higher versus the comparable period in 2025, primarily due to lower net discrete tax benefits in 2026, while the as-adjusted income tax rate was comparable year over year.
Other financial highlights for the three months ended March 31, 2026 were as follows:
•We generated net cash flows from operations of $3.0 billion.
•We repurchased 7.8 million shares of our common stock for $4.0 billion and paid dividends of $0.8 billion.
其他信息
相对上期新增的文字 · 来源:10-Q · 2026-07-30
For the three months ended June 30, 2026, certain of our officers or directors adopted or terminated trading arrangements for the sale of shares of our common stock as follows:
(i) 4,280 shares of Class A Common Stock underlying employee stock options and (ii) 2,114 shares of Class A Common Stock
The earlier of (i) the date when all securities under plan are exercised and sold and (ii) December 31, 2026
AdoptionMay 6, 2026X-(i) 7,444 shares of Class A Common Stock underlying employee stock options and (ii) 7,266 shares of Class A Common StockThe earlier of (i) the date when all securities under plan are exercised and sold and (ii) March 15, 2027
AdoptionJune 15, 2026X-741 shares of Class A Common StockThe earlier of (i) the date when all shares under plan are sold and (ii) January 13, 2027
相对上期删除的文字 · 来源:10-Q · 2026-04-30
On April 26, 2026, our Board of Directors approved and adopted amendments to our amended and restated by-laws (the "Amended and Restated By-Laws"), which became effective immediately upon adoption. The amendments reflect certain technical administrative, clarifying and conforming changes, including …
The foregoing description of the Amended and Restated By-Laws does not purport to be complete and is qualified in its entirety by reference to the full text of the Amended and Restated By-Laws, which are attached as Exhibit 3.1 to this Report and incorporated herein by reference.
For the three months ended March 31, 2026, certain of our officers or directors adopted or terminated trading arrangements for the sale of shares of our common stock as follows:
Up to (i) 3,977 shares of Class A common stock underlying employee stock options and (ii) 3,000 shares of Class A common stock underlying vested but not yet settled performance stock units 3
The earlier of (i) the date when all securities under the plan are exercised and sold and (ii) December 31, 2026
如何读 10-Q 的风险因素(第 1A 项)
10-Q 的风险因素章节有三种常见形态,本页按其一分类展示:
- 指向(pointer) — 公司仅声明"无重大变化"并指向年度 10-K 的完整风险因素;本季没有自己的风险文本可对比。
- 部分更新(partial) — 公司写明"除下述外无重大变化",只更新部分风险;摘录展示的正是本季新增的内容。
- 全文重述(restated) — 本季重新给出完整风险因素。若上一季只是"指向",则无法逐段对比,本页会将其标为"本季全文重述"。
这只是对文件结构的客观描述,不构成对风险高低的判断。
数据来自 SEC EDGAR 两份申报文件的文本级对比 · 确定性计算(无 AI 生成内容)· 仅供参考 · 非投资建议