V · Other

VISA INC.

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-07

• Market Demand TrendsImportance 35 · Surprise 48
  Visa-reported data indicated that FIFA World Cup 2026 increased matchday spending in Toronto and Vancouver by as much as 24.6%. The spending surge occurred in Canada’s host cities during the tournament and was reported…

News · 2026-08-06

• Market Demand TrendsImportance 35 · Surprise 48
  Visa-reported data indicated that FIFA World Cup 2026 increased matchday spending in Toronto and Vancouver by as much as 24.6%. The spending surge occurred in Canada’s host cities during the tournament and was reported…

News · 2026-08-05

• Stablecoin Payments ExpansionImportance 54 · Surprise 70
  Western Union and Rain launched Stablecard on August 4, 2026, using Western Union’s USDPT stablecoin and a Visa secured card. The product allows remittance recipients to hold dollar-denominated stablecoins and spend…
• Market Demand TrendsImportance 35 · Surprise 48
  Visa-reported data indicated that FIFA World Cup 2026 increased matchday spending in Toronto and Vancouver by as much as 24.6%. The spending surge occurred in Canada’s host cities during the tournament and was reported…
• Workforce ReductionImportance 34 · Surprise 42
  Third-party reporting on August 5, 2026, said Visa planned to cut approximately 2,600 jobs. The reported reductions included about 320 positions in California and reportedly affected senior personnel as well as other…

News · 2026-08-04

• Stablecoin Payments ExpansionImportance 54 · Surprise 70
  Western Union and Rain launched Stablecard on August 4, 2026, using Western Union’s USDPT stablecoin and a Visa secured card. The product allows remittance recipients to hold dollar-denominated stablecoins and spend…
• Market Demand TrendsImportance 35 · Surprise 48
  Visa-reported data indicated that FIFA World Cup 2026 increased matchday spending in Toronto and Vancouver by as much as 24.6%. The spending surge occurred in Canada’s host cities during the tournament and was reported…

News · 2026-08-03

• Acquisition — BioCatchImportance 61 · Surprise 60
  Visa signed a definitive agreement to acquire BioCatch from Permira-advised funds and other shareholders for $2.4 billion in cash on August 3, 2026. BioCatch provides behavioral-first, multi-signal fraud intelligence…
• Market Demand TrendsImportance 35 · Surprise 48
  Visa-reported data indicated that FIFA World Cup 2026 increased matchday spending in Toronto and Vancouver by as much as 24.6%. The spending surge occurred in Canada’s host cities during the tournament and was reported…

News · 2026-08-02

• Market Demand TrendsImportance 35 · Surprise 48
  Visa-reported data indicated that FIFA World Cup 2026 increased matchday spending in Toronto and Vancouver by as much as 24.6%. The spending surge occurred in Canada’s host cities during the tournament and was reported…

News · 2026-07-31

• Share Repurchase and Capital Return ProgramImportance 71 · Surprise 60
  Visa announced a $20 billion share repurchase program. The buyback was reported alongside a quarterly dividend, signaling continued capital returns to shareholders. The program was cited as evidence of Visa's financial…
• Revenue Performance and MixImportance 54 · Surprise 40
  Visa reported fiscal third-quarter 2026 net revenue of $11.6 billion, up 14% year over year from approximately $10.19 billion. Adjusted earnings per share increased 11% year over year to $3.32, exceeding the $3.23…
• Products and TechnologyImportance 29 · Surprise 42
  Visa used Anthropic’s Claude Mythos to test the infrastructure supporting billions of daily transactions. The AI system identified weaknesses and combined them into exploit chains that might otherwise have been found…
• Operating Expense TrendsImportance 26 · Surprise 24
  Visa's fiscal third-quarter earnings beat was accompanied by investor concern about higher operating expenses. Reports said the higher expenses contributed to margin-compression concerns despite $11.6 billion of net…
• Market Demand TrendsImportance 25 · Surprise 32
  Visa’s fiscal third-quarter payments volume surpassed $4 trillion for the first time, reflecting continued consumer and business spending. Payments volume increased 10% year over year in constant dollars, while…

News · 2026-07-30

• Share Repurchase and Capital Return ProgramImportance 71 · Surprise 60
  Visa announced a $20 billion share repurchase program. The buyback was reported alongside a quarterly dividend, signaling continued capital returns to shareholders. The program was cited as evidence of Visa's financial…
• Revenue Performance and MixImportance 54 · Surprise 40
  Visa reported fiscal third-quarter 2026 net revenue of $11.6 billion, up 14% year over year from approximately $10.19 billion. Adjusted earnings per share increased 11% year over year to $3.32, exceeding the $3.23…
• Products and TechnologyImportance 29 · Surprise 42
  Visa used Anthropic’s Claude Mythos to test the infrastructure supporting billions of daily transactions. The AI system identified weaknesses and combined them into exploit chains that might otherwise have been found…
• Market Demand TrendsImportance 25 · Surprise 32
  Visa’s fiscal third-quarter payments volume surpassed $4 trillion for the first time, reflecting continued consumer and business spending. Payments volume increased 10% year over year in constant dollars, while…

10-Q · 2026-07-29

• Share Repurchase and Capital Return ProgramImportance 71 · Surprise 60
  Visa’s board authorized a new $20.0 billion multi-year share repurchase program in April 2026. During the nine months ended June 30, 2026, Visa repurchased 50 million Class A shares for $16.5 billion. Remaining…
• Outstanding IndebtednessImportance 64 · Surprise 42
  Visa issued $3.0 billion of fixed-rate senior notes in February 2026 with maturities ranging from three to ten years. The company repaid $5.6 billion of senior-note principal at maturity during the nine months ended…
• Outstanding Indebtedness (Senior Notes)Importance 64 · Surprise 42
  Visa issued $3.0 billion of fixed-rate senior notes in February 2026, with maturities ranging from three to ten years. During the nine months ended June 30, 2026, Visa repaid $5.6 billion of senior-note principal at…
• Acquisition — Prisma and NewpayImportance 59 · Surprise 60
  Visa acquired Prisma Medios de Pago S.A.U. and Newpay S.A.U. in Argentina in February 2026. Total cash purchase consideration was $1.5 billion. Acquisition-related professional fees and integration costs contributed to…
• Litigation Escrow and ConversionImportance 59 · Surprise 60
  Visa recorded $1.1 billion of additional accruals during the nine months ended June 30, 2026 for claims associated with interchange multidistrict litigation. The company deposited $875 million into the U.S. litigation…
• Litigation — Interchange MDL and EscrowImportance 59 · Surprise 60
  For the nine months ended June 30, 2026, Visa recorded $1.1 billion of additional accruals for claims associated with the U.S. interchange multidistrict litigation. Visa deposited $875 million into the U.S. litigation…
• Value-added Services GrowthImportance 58 · Surprise 56
  Visa’s value-added services portfolio includes Issuing Solutions, Acceptance Solutions, and Advisory and Other Services. Revenue from these services increased 33% in the quarter and 32% for the nine-month period,…
• Revenue Performance and MixImportance 54 · Surprise 40
  Nine-month net revenue increased 15% year over year to $33.764 billion, while quarterly net revenue increased 14% to $11.633 billion. International revenue rose 17% year over year to $20.872 billion for the nine-month…
• Operating Income DriversImportance 54 · Surprise 40
  Nine-month operating expenses increased 13% year over year to $12.916 billion, while quarterly expenses increased 19% to $4.756 billion. Personnel expense rose to $6.063 billion for the nine-month period, primarily…
• Liquidity and Cash PositionImportance 49 · Surprise 32
  Operating cash flow was $16.342 billion for the nine months ended June 30, 2026, down from $16.821 billion in the prior-year period. The decrease primarily reflected higher litigation and incentive payments and the…
• Income Tax Provision / Rate ChangesImportance 45 · Surprise 50
  Visa recorded an $18 million deferred tax benefit for the quarter and a $351 million benefit for the nine-month period from a change in U.S. taxation of certain foreign earnings. The company also recorded a $217…
• Regulatory Risk — Brazil Settlement RequirementsImportance 44 · Surprise 60
  Brazil’s Central Bank has mandated enhanced requirements for payment networks such as Visa. Visa submitted enhanced operating-rule provisions that reflect the stricter regulatory standard and require Visa to extend…
• Market Demand Trends — Consumer Spending & Cross-borderImportance 42 · Surprise 40
  Visa reported continued resilience in consumer spending and ongoing expansion in digital commerce, with ecommerce growing faster than face-to-face spending. Nominal payments volume increased 11% in the quarter and 10%…
• Headcount / RestructuringImportance 40 · Surprise 42
  Visa recorded $563 million of severance costs in both the three- and nine-month periods ended June 30, 2026. The severance resulted from actions intended to drive operational efficiencies and reinvest in high-growth…
• Income Tax / Federal Tax CreditsImportance 40 · Surprise 42
  A change in U.S. taxation of certain foreign earnings generated a deferred tax benefit of $351 million for the nine months ended June 30, 2026, including an $18 million benefit in the quarter. Visa also recorded a $217…
• FX / Currency ImpactImportance 30 · Surprise 24
  Exchange-rate movements increased Visa’s net revenue growth by approximately one percentage point in both the three and nine months ended June 30, 2026. Local-currency payments volume and related revenue are converted…
• Products and TechnologyImportance 16 · Surprise 6
  Visa is extending and investing in VisaNet as a global transaction-processing network that connects consumers, issuing and acquiring financial institutions, and sellers. The network is designed to support…

News · 2026-07-29

• Share Repurchase and Capital Return ProgramImportance 71 · Surprise 60
  Visa announced a $20 billion share repurchase program. The buyback was reported alongside a quarterly dividend, signaling continued capital returns to shareholders. The program was cited as evidence of Visa's financial…
• Revenue Performance and MixImportance 54 · Surprise 40
  Visa reported fiscal third-quarter 2026 net revenue of $11.6 billion, up 14% year over year from approximately $10.19 billion. Adjusted earnings per share increased 11% year over year to $3.32, exceeding the $3.23…
• Operating Expense TrendsImportance 26 · Surprise 24
  Visa's fiscal third-quarter earnings beat was accompanied by investor concern about higher operating expenses. Reports said the higher expenses contributed to margin-compression concerns despite $11.6 billion of net…
• Market Demand TrendsImportance 25 · Surprise 32
  Visa’s fiscal third-quarter payments volume surpassed $4 trillion for the first time, reflecting continued consumer and business spending. Payments volume increased 10% year over year in constant dollars, while…

8-K · 2026-07-28

• Interchange Litigation ExposureImportance 80 · Surprise 66
  Visa recorded a $237 million litigation provision in the quarter ended June 30, 2026, associated with the interchange multidistrict litigation case. Litigation provisions totaled $1.290 billion for the nine months…
• Litigation Provision and EscrowImportance 71 · Surprise 82
  Visa recorded a $237 million fiscal third-quarter provision tied to the interchange multidistrict litigation case, compared with $615 million in the prior-year quarter. The nine-month 2026 litigation provision totaled…
• Income Tax Rate ChangesImportance 68 · Surprise 58
  GAAP income tax expense increased to $1.205 billion from $1.061 billion in the fiscal third quarter. The GAAP effective tax rate was 17.6%, up from 16.7% in the prior-year quarter. Visa recognized an $18 million…
• Outstanding IndebtednessImportance 64 · Surprise 56
  Visa had $2.996 billion of current debt maturities and $20.862 billion of long-term debt at June 30, 2026. Long-term debt increased from $19.602 billion at September 30, 2025, while current maturities declined from…
• Operating Income DriversImportance 62 · Surprise 58
  GAAP operating income increased to $6.9 billion from $6.2 billion, despite operating expenses rising faster than revenue. GAAP operating expenses increased 19% to $4.8 billion, including $563 million of severance costs…
• Liquidity and Cash PositionImportance 52 · Surprise 30
  Cash, cash equivalents and investment securities totaled $13.9 billion at June 30, 2026. Cash and cash equivalents declined to $12.4 billion from $17.2 billion at September 30, 2025, while restricted cash in the U.S.…
• Revenue Performance and MixImportance 47 · Surprise 22
  Fiscal third-quarter net revenue was $11.6 billion, up 14% year over year and 13% on a constant-dollar basis. Data processing revenue increased 17% to $6.0 billion, while service revenue rose 14% to $4.9 billion.…
• Operating Expense TrendsImportance 47 · Surprise 22
  GAAP operating expenses increased 19% year over year to $4.8 billion, primarily because personnel expenses increased to $2.5 billion from $1.7 billion. Marketing expense increased 54% to $649 million from $421 million,…
• Headcount / RestructuringImportance 46 · Surprise 42
  Visa recorded $563 million of severance costs in the fiscal third quarter and excluded the charge from non-GAAP operating results. The company said the severance costs resulted from actions intended to drive…
• Share Repurchase and Capital Return ProgramImportance 43 · Surprise 6
  Visa repurchased approximately 14.5 million Class A shares for $4.9 billion during the fiscal third quarter at an average price of $330.71 per share. The company had $28.4 billion of remaining authorized repurchase…
• Payments and Cross-Border GrowthImportance 42 · Surprise 40
  Payments volume increased 10% year over year on a constant-dollar basis for the three months ended June 30, 2026. Cross-border volume excluding intra-Europe increased 12%, while total cross-border volume increased 13%…
• Capital ExpendituresImportance 42 · Surprise 14
  Visa purchased $1.178 billion of property, equipment and technology during the nine months ended June 30, 2026. Capital purchases increased from $1.093 billion in the comparable prior-year period. The company reported…
• Capital Return ProgramImportance 41 · Surprise 6
  Visa returned $6.2 billion to shareholders through share repurchases and dividends during the fiscal third quarter ended June 30, 2026. The company repurchased approximately 14.5 million Class A shares for $4.9 billion…
• Market Demand TrendsImportance 35 · Surprise 22
  Visa reported resilient consumer and business spending in fiscal third quarter 2026, with payments volume increasing 10% year over year on a constant-dollar basis for the three months ended June 30, 2026. Total…
• Market Demand Trends — Consumer Spending & Cross-borderImportance 35 · Surprise 22
  Visa stated that consumer and business spending remained resilient in the fiscal third quarter ended June 30, 2026. Payments volume increased 10% on a constant-dollar basis, while cross-border volume excluding…
• Geographic Market CommentaryImportance 29 · Surprise 22
  International transaction activity remained a significant growth driver for Visa in the fiscal third quarter. Cross-border volume excluding transactions within Europe increased 12% year over year on a constant-dollar…
• FX / Currency ImpactImportance 18 · Surprise 14
  Foreign-currency movements reduced Visa’s reported growth relative to constant-dollar results for the quarter ended June 30, 2026. GAAP diluted earnings-per-share growth was approximately 9% on a constant-dollar basis…

News · 2026-07-28

• Products and TechnologyImportance 29 · Surprise 42
  Visa used Anthropic’s Claude Mythos to test the infrastructure supporting billions of daily transactions. The AI system identified weaknesses and combined them into exploit chains that might otherwise have been found…
• Market Demand TrendsImportance 25 · Surprise 32
  Visa’s fiscal third-quarter payments volume surpassed $4 trillion for the first time, reflecting continued consumer and business spending. Payments volume increased 10% year over year in constant dollars, while…
• Competition and Market ShareImportance 17 · Surprise 24
  The payments industry continues to consolidate Independent Sales Organizations (ISOs), as larger processors acquire smaller firms while new entrants emerge. Harlow Payments, led by former Evo Payments founder Ray…