Visa Inc.

Visa Inc. Earnings Recaps

V Financials 3 recaps
Q1 2026 Jan 31, 2026

Visa Inc. reported robust fiscal Q1 2026 results, with net revenue and EPS each rising 15% year over year, driven by strong payment volume and transaction growth.

Key takeaways
  • Net revenue reached $10.9 billion, reflecting a 15% increase year over year.
  • Payments volume surged 8% to nearly $4 trillion, with processed transactions rising 9% to 69 billion.
  • Continued innovation in payment technologies, including a significant expansion of Visa credentials and the adoption of tap to pay, now exceeding 80% in face-to-face transactions in the US.
  • Over 17.5 billion Visa tokens are now in circulation, outpacing physical cards and enhancing Visa's competitive position in digital commerce.
  • Strategic partnerships, like the initiative with AWS for Visa Intelligent Commerce, are being implemented to increase transaction efficiency in B2B payments.
Full recap
Q4 2025 Oct 29, 2025

Visa delivered strong fiscal fourth quarter results with net revenue of $10.7 billion, reflecting a 12% year-over-year increase, and full-year EPS growth of 14%, evidencing robust demand for its payment solutions.

Key takeaways
  • Full-year net revenue increased by 11%, supported by payments volume reaching $14 trillion, up 8% year-over-year.
  • Continued innovation with over half of the new VisaNet codebase developed using generative AI, enhancing deployment speed and security.
  • Visa tokens have surged to over 16 billion, with a strategic aim for comprehensive e-commerce tokenization.
  • Strong client relationships were reaffirmed, including a long-term renewal with Barclays and expansions in co-branded offerings.
  • Momentous growth in stablecoin capabilities, with a quadrupling of spend on stablecoin-linked cards within the year, highlighting Visa's versatility in modern payment solutions.
Full recap
Q3 2025 Aug 2, 2025

Visa reported robust fiscal Q3 2025 results, with net revenue of $10.2 billion, up 14% year-over-year, and EPS rising 23%, driven by strong payments volume and strategic innovations.

Key takeaways
  • Payments volume increased 8% year-over-year, with U.S. volume up 7% and international volume up 10%.
  • Cross-border volume grew by 11% in constant dollars, underscoring Visa's strong global presence.
  • Visa's client satisfaction remains high with a Net Promoter Score of 76, reflecting the company's commitment to service and innovation.
  • The expansion of the Flex Credential and Visa Intelligent Commerce showcases Visa's focus on digital transformation and new payment technologies.
  • Commercial payments volume increased by 7%, leading to a 13% rise in CMS revenue, highlighting growth in Visa’s commercial and money movement solutions segment.
Full recap