V · 10-Q · 2026Q1 · Full report
Remaining Performance Obligations
VISA INC. · 2026-04-29 · Importance 44 · Surprise 24 · Contradicted
As of March 31, 2026, Visa reported remaining performance obligations of $5.5 billion, comprised of deferred revenue and contract revenue primarily related to value‑added services. The Company expects approximately half of these obligations to be recognized as revenue in the next two years and the remainder thereafter. Visa notes that timing and amounts are subject to contract modifications and terminations which could change the revenue recognition schedule. Deferred revenue as of March 31, 2026 was $1.9 billion and is recorded in accrued liabilities.
Key facts
- Remaining performance obligations as of March 31, 2026: $5.5 billion, approximately half expected to be recognized as revenue in the next two years. source
- Deferred revenue as of March 31, 2026: $1.9 billion. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | committed | +20.8% | Remaining performance obligations as of March 31, 2026: $5.5 billion, approximately half expected to be recognized as revenue in the next… |
| liability | positive | realized | +2.0% | Deferred revenue as of March 31, 2026: $1.9 billion. |