Companies /Financial Services

Visa Inc - Class A

NYSE: V Credit Services
$381.94
â–² $2.28 (+0.60%) today
Markets open · 10:26am ET

Q1 2026 Earnings

Reported Jan 29, 2026, 4:05pm ET · SEC source
$3.17
Beat +0.88%
EPS · est. $3.14
$10.9B
Beat +1.98%
Revenue · est. $10.7B
−1.3%
Trailing market
V vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−2%−1%0+1%Jan 29Jan 30report 4:05pm ETearnings−0.5%−1.8%
−2%−1%0+1%Jan 29Jan 30earnings−0.5%−1.8%
V −1.8%S&P 500 −0.5%
−2%−1%0+1%Jan 29Jan 30report 4:05pm ETearnings−1.5%−1.8%
−2%−1%0+1%Jan 29Jan 30earnings−1.5%−1.8%
V −1.8%NASDAQ −1.5%
−2%0+2%Jan 28Feb 6report 4:05pm ETearnings−0.6%+1.7%
−2%0+2%Jan 28Feb 6earnings−0.6%+1.7%
V +1.7%S&P 500 −0.6%
−6%−3%0+3%Jan 28Feb 6report 4:05pm ETearnings−3.2%+1.7%
−6%−3%0+3%Jan 28Feb 6earnings−3.2%+1.7%
V +1.7%NASDAQ −3.2%
+1.47%
Day of report
−3.00%
Next session
−0.80%
One week
−3.31%
30 days

S&P 500 over the same 30 days: −1.98%.

Did V Beat Earnings? Q1 2026 Results

Visa kicked off fiscal 2026 on a strong note, delivering first-quarter results that cleared Wall Street's bar on both the top and bottom lines. Non-GAAP diluted EPS of $3.17 edged past the $3.1423 consensus by 0.88%, while net revenue of $10.90 billion beat estimates by 1.98% and grew 14.6% year-over-year — a performance that <a href="https://247wallst.com/investing/2026/01/29/visa-earnings-preview-what-to-watch-when-v-reports-today/">investors had been watching closely</a> heading into the print. The primary engine behind the quarter's strength was broad-based volume momentum: payments volume expanded 8% on a constant-dollar basis, cross-border volume excluding intra-Europe rose 11%, and processed transactions climbed 9% to 69.4 billion, underpinning particularly robust data processing revenue growth of 17%. GAAP results were more complicated, weighed down by a $707 million litigation provision tied to the interchange MDL settlement, though a $333 million one-time deferred tax benefit softened the blow. With competitor American Express also navigating a resilient premium-spending environment, Visa's results reinforce that consumer payment volumes remain durable heading into 2026.

Key Takeaways
  • Payments volume growth of 8% on constant-dollar basis for three months ended December 31, 2025
  • Cross-border volume excluding intra-Europe grew 11% on constant-dollar basis
  • Total cross-border volume grew 12% on constant-dollar basis
  • Processed transactions grew 9% to 69.4 billion
  • Resilient consumer spending and strong holiday season
  • Continued strength in value-added services and commercial and money movement solutions

“Visa delivered a very strong fiscal first quarter with net revenue up 15% year-over-year, GAAP EPS up 17% and non-GAAP EPS up 15%, driven by resilient consumer spending and a strong holiday season, as well as continued strength in value-added services and commercial and money movement solutions. Our purposeful investments in our Visa as a Service stack continue to position us as a payments hyperscaler to deliver technology and infrastructure that redefine what's possible in payments.”

Visa CEO, on the earnings call

V YoY Financials

Q1 2026 vs Q1 2025 · SEC filings Q1 2025 Q1 2026
$0$3.0B$6.0B$9.0B$9.5B$10.9BRevenue$6.2B$6.7BOperating Income$5.1B$5.9BNet Income
$0$3.0B$6.0B$9.0BRevenueOperating IncomeNet Income

V Revenue by Segment

Data Processing Revenue$5.5B+17.0%
Service Revenue$4.8B+13.0%
International Transaction Revenue$3.7B+6.0%
Other Revenue$1.2B+33.0%

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