Companies /Financial Services
Visa Inc - Class A
NYSE: V Credit Services
$385.45
▲ $10.35 (+2.76%) today
Markets closed · 9:30pm ET

Visa (V) Q2 2025 Earnings

Reported Apr 29, 2025, 4:05pm ET · SEC source
$2.76
Beat +3.00%
EPS · est. $2.68
$9.6B
Beat +0.47%
Revenue · est. $9.5B
−1.1%
Trailing market
V vs S&P since report
6 quarters
Consecutive EPS beats

How Did V Stock React to Q2 2025 Earnings?

% change · around the report
−2%0Apr 29Apr 30report 4:05pm ETearnings+0.8%−0.5%
−2%0Apr 29Apr 30earnings+0.8%−0.5%
V −0.5%S&P 500 +0.8%
−4%−2%0Apr 29Apr 30report 4:05pm ETearnings+1.4%−0.5%
−4%−2%0Apr 29Apr 30earnings+1.4%−0.5%
V −0.5%NASDAQ +1.4%
−4%−2%0+2%Apr 28May 7report 4:05pm ETearnings+1.2%+0.9%
−4%−2%0+2%Apr 28May 7earnings+1.2%+0.9%
V +0.9%S&P 500 +1.2%
−4%−2%0+2%Apr 28May 7report 4:05pm ETearnings+1.8%+0.9%
−4%−2%0+2%Apr 28May 7earnings+1.8%+0.9%
V +0.9%NASDAQ +1.8%
+1.17%
Day of report
−0.88%
Next session
+1.26%
One week
+5.74%
30 days

S&P 500 over the same 30 days: +6.88%.

Did V Beat Earnings? Q2 2025 Results

Yes. Visa reported Q2 2025 earnings of $2.76 a share on Apr 29, 2025, beating the $2.68 consensus estimate by 3.0%. Revenue was $9.6B against a $9.5B estimate.

Visa kicked off its fiscal second half on a strong note, posting <a href="https://247wallst.com/investing/2026/01/29/visa-earnings-preview-what-to-watch-when-v-reports-today/">better-than-expected results</a> for the March quarter as non-GAAP diluted EPS of $2.76 came in 3.00% above the $2.68 consensus estimate while net revenue climbed 9.3% year-over-year to $9.59 billion, edging past the $9.55 billion Wall Street expected. The performance was anchored by broad-based volume strength: payments volume grew 8% on a constant-dollar basis, cross-border volume excluding intra-Europe transactions expanded 13%, and total processed transactions rose 9% to 60.7 billion — reflecting durable consumer spending even against a backdrop of macroeconomic uncertainty. GAAP EPS of $2.32 told a messier story, rising just 1% after a $992 million litigation provision related to the interchange MDL case weighed heavily on reported results. Alongside the earnings, Visa's board authorized a new $30 billion multi-year share repurchase program, underscoring management's confidence in the durability of the company's cash generation.

Key Takeaways
  • Payments volume grew 8% on a constant-dollar basis for the three months ended March 31, 2025
  • Cross-border volume excluding intra-Europe increased 13% on a constant-dollar basis
  • Total cross-border volume increased 13% on a constant-dollar basis
  • Processed transactions grew 9% to 60.7 billion
  • Consumer spending remained resilient despite macroeconomic uncertainty

“Visa's strong 9% fiscal second quarter net revenue growth was driven by healthy trends in payments volume, cross-border volume and processed transactions. Consumer spending remained resilient, even with macroeconomic uncertainty. Our strategy across consumer payments, commercial and money movement solutions and value-added services, our diversified business model, and our focus on innovation position us well for the rest of the fiscal year and beyond.”

Visa CEO, on the earnings call

V YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$3.0B$6.0B$9.0B$8.8B$9.6BRevenue$5.4B$5.4BOperating Income$4.7B$4.6BNet Income
$0$3.0B$6.0B$9.0BRevenueOperating IncomeNet Income
V income statement, Q2 2025 versus Q2 2024
Metric Q2 2025 Q2 2024 Year over year
Revenue $9.6B $8.8B +9.3%
Operating Income $5.4B $5.4B +1.5%
Net Income $4.6B $4.7B −1.8%

V Revenue by Segment

Data Processing Revenue$4.7B+10.0%
Service Revenue$4.4B+9.0%
International Transaction Revenue$3.3B+10.0%
Other Revenue$937.0M+24.0%

Figures from SEC filings and company reports. Not investment advice.