Companies /Financial Services

Visa Inc - Class A

NYSE: V Credit Services
$379.66
▼ $4.24 (−1.10%) today
Markets closed · 5:57am ET

Q2 2026 Earnings

Reported Apr 28, 2026, 4:05pm ET · SEC source
$3.31
Beat +6.77%
EPS · est. $3.10
$11.2B
Miss +0.00%
Revenue · est. $0
−10.2%
Trailing market
V vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−3%0+3%+6%Apr 28Apr 29report 4:05pm ETearnings+0.2%+5.0%
−3%0+3%+6%Apr 28Apr 29earnings+0.2%+5.0%
V +5.0%S&P 500 +0.2%
−3%0+3%+6%Apr 28Apr 29report 4:05pm ETearnings+1.2%+5.0%
−3%0+3%+6%Apr 28Apr 29earnings+1.2%+5.0%
V +5.0%NASDAQ +1.2%
−3%0+3%Apr 27May 6report 4:05pm ETearnings+3.0%−2.3%
−3%0+3%Apr 27May 6earnings+3.0%−2.3%
V −2.3%S&P 500 +3.0%
−4%0+4%Apr 27May 6report 4:05pm ETearnings+5.4%−2.3%
−4%0+4%Apr 27May 6earnings+5.4%−2.3%
V −2.3%NASDAQ +5.4%
+8.26%
Day of report
−1.50%
Next session
−4.80%
One week
−3.61%
30 days

S&P 500 over the same 30 days: +6.60%.

Did V Beat Earnings? Q2 2026 Results

Visa posted a standout fiscal second quarter, with adjusted diluted EPS of $3.31 clearing the $3.10 consensus estimate by 6.77% and extending the company's streak of consensus beats to four consecutive quarters. Revenue climbed 17.1% year over year to $11.23 billion, the strongest quarterly growth pace since 2022, driven by broad-based momentum across its payments network. Data processing revenue led the way, rising 18% to $5.54 billion, while payments volume grew 9% on a constant-dollar basis and processed transactions reached 66.1 billion, up 9%. Cross-border volume excluding intra-Europe rose 11%, reflecting continued strength in international travel and commerce. Capital return activity was particularly aggressive, with Visa repurchasing approximately 25 million shares for $7.90 billion and delivering $9.20 billion in total shareholder returns during the quarter, while the board authorized a fresh $20.00 billion buyback program. Adding a structural note to the quarter, Visa also completed its long-anticipated exchange of Class B common stock, with approximately 98% of outstanding shares tendered, drawing significant engagement from institutional holders across the financial sector.

Key Takeaways
  • Payments volume grew 9% on a constant-dollar basis
  • Cross-border volume excluding intra-Europe increased 11% on a constant-dollar basis
  • Total cross-border volume increased 12% on a constant-dollar basis
  • Processed transactions grew 9% to 66.1 billion
  • Consumer spending remained resilient
  • Strong performance in consumer payments, commercial and money movement solutions and value-added services
  • Lower litigation provision reduced GAAP operating expenses year-over-year

“Visa's second quarter net revenue growth of 17% was the highest since 2022, driving GAAP EPS up 36% and non-GAAP EPS up 20%. Consumer spending remained resilient, and our strategy and innovations fueled strong performance in consumer payments, commercial and money movement solutions and value-added services. Throughout the quarter, we continued to enhance our Visa as a Service stack, including with agentic and stablecoin capabilities, to further strengthen our position as the leading hyperscaler of payments globally and drive growth for years to come.”

Visa CEO, on the earnings call

V YoY Financials

Q2 2026 vs Q2 2025 · SEC filings Q2 2025 Q2 2026
$0$4.0B$8.0B$12.0B$9.6B$11.2BRevenue$5.4B$7.2BOperating Income$4.6B$6.0BNet Income
$0$4.0B$8.0B$12.0BRevenueOperating IncomeNet Income

V Revenue by Segment

Data Processing Revenue$5.5B+18.0%
Service Revenue$5.0B+13.0%
International Transaction Revenue$3.6B+10.0%
Other Revenue$1.3B+41.0%

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