V · 10-K · 2026A · Full report

Revenue Performance and Mix

VISA INC. · 2026-11-05 · Importance 54 · Surprise 40 · Matches filing data

Fiscal 2026 net revenue rose 15% to $45.903 billion from $40.000 billion, driven primarily by cross-border volume, processed transactions and payments volume, partly offset by higher client incentives. U.S. revenue increased to $17.423 billion from $15.633 billion, while international revenue increased to $28.480 billion from $24.367 billion. Service revenue was $19.918 billion, data processing revenue was $23.374 billion, international transaction revenue was $15.251 billion, and other revenue was $5.677 billion; client incentives deducted $18.317 billion from revenue, up from $15.751 billion. Nominal payments volume grew 10%, processed transactions grew 9%, and nominal cross-border volume excluding transactions within Europe grew 15%.

Key facts

• Fiscal 2026 net revenue was $45.903 billion, up 15% over fiscal 2025. source
• Fiscal 2026 net revenue was $45.903 billion, compared with $40.000 billion in fiscal 2025. source
• Fiscal 2026 international net revenue was $28.480 billion, compared with $24.367 billion in fiscal 2025. source
• Fiscal 2026 service revenue was $19.918 billion, compared with $17.539 billion in fiscal 2025. source
• Fiscal 2026 data processing revenue was $23.374 billion, compared with $19.993 billion in fiscal 2025. source
• Fiscal 2026 international transaction revenue was $15.251 billion, compared with $14.166 billion in fiscal 2025. source
• Fiscal 2026 client incentives were $18.317 billion, compared with $15.751 billion in fiscal 2025. source
• Fiscal 2026 U.S. net revenue was $17.423 billion, compared with $15.633 billion in fiscal 2025. source

Impact estimates