AI-powered contentSome parts of this article are powered by AI.
Share this article
Gotrade News - Visa (V) reported fiscal fourth-quarter 2026 net revenue of $12.1 billion, an increase of 13%, and GAAP earnings of $3.19 per share on Tuesday, October 27, 2026, according to Visa's official earnings release. The board also raised the quarterly cash dividend 16% to $0.780 per share.
Regular-session close on October 27, 2026, New York time. Prices and changes: Yahoo Finance, cross-checked against the closing price on Nasdaq.com.
Visa Earnings Details
For the quarter ended September 30, 2026, Visa reported GAAP net income of $6.0 billion, or $3.19 per share, an increase of 18% and 22%, respectively, over the prior year's results. Non-GAAP net income was $6.6 billion, or $3.48 per share, up 13% and 17%, respectively. Net revenue of $12.1 billion grew 13% on both a nominal and constant-dollar basis, which the company said was driven by year-over-year growth in payments volume, cross-border volume and processed transactions.
By category, service revenue was $5.3 billion, up 14%, data processing revenue was $6.2 billion, up 16%, international transaction revenue was $4.1 billion, up 8%, and other revenue was $1.6 billion, up 40%, each over the prior year. Client incentives were $5.1 billion, up 21%. The quarter's GAAP results included special items, among them a $469 million litigation provision associated with the interchange multidistrict litigation case and $282 million related to the donation of investments to the Visa Foundation.
For full fiscal year 2026, net revenue was $45.9 billion, an increase of 15%, or 14% on a constant-dollar basis. GAAP net income was $23.5 billion, or $12.32 per share, and non-GAAP net income was $25.3 billion, or $13.27 per share.
Why It Matters for V
In constant dollars, Visa said quarterly payments volume rose 9%, total cross-border volume rose 14% and processed transactions reached 74.2 billion, a 10% increase over the prior year. Chief Executive Officer Ryan McInerney said, "Visa delivered a milestone year. We achieved record net revenue of $46 billion, up 15%, the strongest growth in over 15 years excluding the post-pandemic recovery and acquisitions."
Share repurchases and dividends totaled $5.2 billion for the fiscal fourth quarter and $25.6 billion for the full year. In the quarter, Visa repurchased approximately 11 million shares of class A common stock for $4.0 billion, and it had $24.4 billion of remaining authorized funds for repurchases as of September 30, 2026. The company also said its $2.4 billion cash acquisition of BioCatch is expected to close by the end of the fiscal second quarter of 2027.
What to watch next: Visa pays its increased quarterly dividend of $0.780 per share on Tuesday, December 1, 2026, to holders of record as of Tuesday, November 10, 2026.
This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.
This article was written with the help of AI and checked by the Gotrade team before publishing.
Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA). This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.
M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms. His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.
