V · 10-Q · 2026Q2 · Full report
Revenue Performance and Mix
VISA INC. · 2026-07-29 · Importance 54 · Surprise 40 · No source text
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 period, compared with 12% growth in U.S. revenue to $12.892 billion. Nine-month nominal payments volume increased 10%, processed transactions increased 9% to 207.148 billion, and nominal cross-border volume increased 15%, excluding transactions within Europe. Value-added services revenue increased 32% year over year to $10.3 billion for the nine-month period, led by Issuing Solutions, Acceptance Solutions, and Advisory and Other Services.
Key facts
- Net revenue for the three months ended June 30, 2026: $11,633 million.
- Net revenue for the nine months ended June 30, 2026: $33,764 million.
- U.S. net revenue for the three months ended June 30, 2026: $4,410 million.
- International net revenue for the three months ended June 30, 2026: $7,223 million.
- Service revenue for the three months ended June 30, 2026: $4,922 million.
- Data processing revenue for the three months ended June 30, 2026: $6,042 million.
- International transaction revenue for the three months ended June 30, 2026: $3,853 million.
- Client incentives for the three months ended June 30, 2026: $(4,680) million.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | Net revenue for the three months ended June 30, 2026: $11,633 million. |
| revenue | positive | realized | — | Net revenue for the nine months ended June 30, 2026: $33,764 million. |
| revenue | positive | realized | — | U.S. net revenue for the three months ended June 30, 2026: $4,410 million. |
| revenue | positive | realized | — | International net revenue for the three months ended June 30, 2026: $7,223 million. |
| revenue | positive | realized | — | Service revenue for the three months ended June 30, 2026: $4,922 million. |
| revenue | positive | realized | — | Data processing revenue for the three months ended June 30, 2026: $6,042 million. |
| revenue | positive | realized | — | International transaction revenue for the three months ended June 30, 2026: $3,853 million. |
| revenue | negative | realized | — | Client incentives for the three months ended June 30, 2026: $(4,680) million. |
| net_income | positive | realized | — | GAAP net income for the three months ended June 30, 2026: $5,628 million and diluted earnings per share: $2.97. |
| net_income | positive | realized | — | GAAP net income for the nine months ended June 30, 2026: $17,502 million and diluted earnings per share: $9.14. |
| net_income | positive | realized | — | Non-GAAP net income for the three months ended June 30, 2026: $6,296 million and non-GAAP diluted EPS: $3.32. |
| net_income | positive | realized | — | Non-GAAP net income for the nine months ended June 30, 2026: $18,762 million and non-GAAP diluted EPS: $9.79. |