VISA (V) Company Report

Analyst Earnings Quarterly Reports

Earnings summaries and quarterly performance for VISA.

Analyst Coverage

Research analysts who have asked questions during VISA earnings calls.

Darrin Peller

Wolfe Research, LLC

10 questions for V

Also covers: ACN, ADYYF, AVDX +24 more

Harshita Rawat

AllianceBernstein

10 questions for V

Also covers: ADYYF, FI, MA +3 more

Sanjay Sakhrani

Keefe, Bruyette & Woods (KBW)

10 questions for V

Also covers: ALLY, AVDX, AXP +18 more

Timothy Chiodo

UBS Group AG

8 questions for V

Also covers: AFRM, AVDX, CHYM +16 more

Tien-tsin Huang

JPMorgan Chase & Co.

7 questions for V

Also covers: ACN, ADP, ALIT +23 more

Andrew Schmidt

Citigroup Inc.

5 questions for V

Also covers: ALKT, BILL, CWAN +15 more

Bryan Keane

Deutsche Bank

5 questions for V

Also covers: ACN, ADP, AVDX +15 more

Dan Dolev

Mizuho Financial Group

5 questions for V

Also covers: ACN, ADP, AFRM +14 more

Jason Kupferberg

Bank of America

5 questions for V

Also covers: ACN, ADP, AFRM +14 more

Will Nance

Goldman Sachs

5 questions for V

Also covers: AFRM, AMTD, CHYM +14 more

Daniel Perlin

RBC Capital Markets

4 questions for V

Also covers: AFRM, BR, FLYW +9 more

Trevor Williams

Jefferies LLC

4 questions for V

Also covers: ACIW, CPAY, FIS +8 more

Adam Frisch

Evercore ISI

3 questions for V

Also covers: AFRM, CHYM, FOUR +2 more

Andrew Jeffrey

William Blair & Company

3 questions for V

Also covers: AFRM, CHYM, CPAY +6 more

David Koning

Robert W. Baird & Co.

3 questions for V

Also covers: ACN, AVDX, CNXC +16 more

Fahed Kunwar

Redburn Atlantic

3 questions for V

Also covers: MA, NWG

Gus Gala

Monness, Crespi, Hardt & Co., Inc.

3 questions for V

Also covers: EEFT, WU

Nate Svensson

Deutsche Bank

3 questions for V

Also covers: AFRM, CPAY, DAVA +8 more

Ramsey El-Assal

Barclays

3 questions for V

Also covers: ACN, ADP, AFRM +20 more

Rayna Kumar

Oppenheimer & Co. Inc.

3 questions for V

Also covers: EEFT, EFX, FICO +10 more

Craig Maurer

FT Partners

2 questions for V

Also covers: AVDX, AXP, MA +3 more

James Faucette

Morgan Stanley

2 questions for V

Also covers: ACN, ADP, AFRM +25 more

James Fawcett

Morgan Stanley

2 questions for V

Also covers: CHYM, UPST

Tianchen Wang

JPMorgan Chase & Co.

2 questions for V

William Nance

The Goldman Sachs Group, Inc.

2 questions for V

Also covers: AFRM, AMTD, AVDX +20 more

Bryan Bergin

TD Cowen

1 question for V

Also covers: ACN, ADP, ASUR +17 more

Dominick Gabriele

Compass Point Research & Trading, LLC

1 question for V

Also covers: AVDX, BFH, JKHY +2 more

Jeff Cantwell

Seaport Research Partners

1 question for V

Also covers: ACIW, AFRM, CRCL +5 more

Ken Szychowski

Anonymous Research

1 question for V

Paul Golding

Macquarie Capital

1 question for V

Also covers: CIFR, CLSK, CORZ +11 more

Ramsay Ellis

Cantor Fitzgerald

1 question for V

Tinjun Wong

JPMorgan

1 question for V

Latest news

Recent press releases and 8-K filings for V.

Visa extends cross-border transfer network into China

Product Launch

New Projects/Investments

Visa and UnionPay International agreed to connect Visa Direct’s global money-transfer network with UPI’s MoneyExpress platform, enabling near-real-time cross-border transfers into Mainland China.
Customers will need only a one-time connection to send funds to over 95% of UnionPay International cardholders in Mainland China.
The collaboration, announced at Web Summit Qatar, is slated to launch in the first half of 2026, aiming to improve the speed, security and transparency of payments into China.
This partnership supports Visa Direct’s strategy to expand its global footprint and enhance financial mobility for consumers and businesses.

1 day ago

Press Release

Visa expands remittance network to Mainland China

Product Launch

New Projects/Investments

Visa Direct connects with UnionPay International’s MoneyExpress platform to enable real-time cross-border money transfers to Mainland China cards.
After full rollout, customers can send remittances and B2C payments to over 95% of UnionPay International cardholders on the Mainland.
Partnership opens one of the world’s largest remittance corridors, granting access to billions of Mainland China cards.

1 day ago

Press Release

Visa expands global money transfer network to Mainland China with UnionPay

New Projects/Investments

Visa Direct will integrate with UnionPay International’s MoneyExpress platform to enable real-time cross-border transfers into Mainland China, covering billions of bank cards and over 95% of UPI cardholders.
A single integration point allows global consumers and businesses to send funds into Mainland China through secure, transparent rails without additional connections.
The expanded network will support diverse cross-border use cases, including creator and gig-economy payouts, remittances, business-to-consumer disbursements, and family transfers.
The collaboration is set to go live in the first half of 2026, reinforcing Visa Direct’s commitment to scaling global money movement infrastructure.

1 day ago

Press Release

Visa and UnionPay expand cross-border transfers to China

Product Launch

New Projects/Investments

Visa Direct wird über eine einzige Verbindung mit der MoneyExpress-Plattform von UnionPay International verknüpft, um Echtzeit-Überweisungen auf das chinesische Festland zu ermöglichen.
Kunden können grenzüberschreitende Überweisungen und Business-to-Consumer-Zahlungen an über 95 % der UnionPay International-Debitkarteninhaber in Festlandchina vornehmen.
Die Lösung deckt Anwendungsfälle wie Zahlungen an Kreative und Freiberufler, Auszahlungen an Auftragnehmer, Erstattungen und familiäre Geldtransfers ab.
Die erweiterte Verbindung wird voraussichtlich ab der ersten Hälfte 2026 verfügbar sein und stärkt Visas Strategie, globale Zahlungskorridore zu öffnen und die Liquidität sowie Vorhersehbarkeit grenzüberschreitender Zahlungen zu verbessern.

1 day ago

Press Release

VISA expands real-time remittance network into Chinese Mainland

Product Launch

Visa and UnionPay International will connect Visa Direct’s global money movement network to UPI’s MoneyExpress platform, enabling real-time cross-border payouts to over 95% of UnionPay debit cards in Chinese Mainland.
The partnership supports a range of use cases—including creator/freelancer payouts, contractor disbursements, and family remittances—aiming to deliver low-cost, efficient, and transparent cross-border money movement.
The expanded Visa Direct connection is slated to launch in H1 2026, enhancing Visa’s reach and liquidity for clients sending funds into one of the world’s largest remittance corridors.

1 day ago

Press Release

Elmer Bancorp reports record 2025 earnings

Earnings

Full-year net income was $3.302 M (EPS $2.89) and Q4 net income was $718 K (EPS $0.63).
Net interest income for the twelve months totaled $15.928 M (up $1.343 M YOY), with Q4 net interest income at $4.036 M (up $337 K YOY).
Total assets surpassed $409.4 M; total loans rose to $327.3 M (4.1% YOY growth) and deposits reached $367.9 M.
Stockholders’ equity increased to $39.05 M, and book value per share rose to $33.91.

5 days ago

Press Release

Visa posts strong Q1 profit, raises dividend

Earnings

Dividends

Share Buyback

Visa reported GAAP net income of $5.9 billion ($3.03 EPS) on 15% revenue growth to $10.9 billion, with payments volume up 8% and transactions at 69.4 billion for the quarter ended Dec. 31, 2025.
On a non-GAAP basis, net income was $6.1 billion with EPS of $3.17.
The company returned $5.1 billion to shareholders via dividends and buybacks, declared a $0.67 quarterly dividend payable in March, repurchased ~11 million shares, and has ~$21.1 billion of buyback authorization remaining.
Operating expenses rose due to larger litigation provisions, including a $500 million escrow deposit and a superseding interchange settlement.

6 days ago

WSJ

Visa reports Q1 2026 results

Earnings

Guidance Update

Share Buyback

Visa delivered 15% year-over-year net revenue growth and EPS of $3.17, up 15% year-over-year (net revenue +13% and EPS +14% in constant dollars).
Global payments volume rose 8%, cross-border volume excluding intra-Europe grew 11%, processed transactions increased 9%, Visa Direct transactions jumped 23%, and value-added services revenue surged 28% in constant dollars.
Maintained full-year outlook: expecting low-double-digit net revenue growth, mid-teens operating expense growth, Q2 net revenue growth in the low double digits, and Q2 EPS growth at the high end of low double digits.
Returned capital via $3.8 billion in share repurchases, $1.3 billion in dividends, and $0.5 billion in escrow funding, with $21.1 billion remaining under buyback authorization.

6 days ago

Transcript

Visa reports fiscal Q1 2026 results

Earnings

Net revenue rose 15% YoY (13% in constant dollars) and EPS increased 15% YoY (14% in constant dollars), driven by global payments volume up 8%, cross-border volume up 11%, and processed transactions up 9%.
Outperformance in value-added services and commercial & money movement solutions, along with lower-than-expected incentives, more than offset the headwind from persistent low currency volatility.
U.S. payments volume grew 7% (credit +7%, debit +6%), with e-commerce outpacing face-to-face; cross-border e-commerce volume was up 12% and travel-related cross-border up 10%.
Continued credential innovation with over 5 billion Visa credentials, tap-to-pay penetration above 80%, and 17.5 billion tokens in circulation; stablecoin settlement reached an annualized run rate of $4.6 billion globally.

6 days ago

Transcript

Visa announces Q1 FY2026 results

Earnings

Guidance Update

Share Buyback

Visa reports Q1 FY2026 net revenue of $10.9 B, up 15% YoY, and GAAP EPS of $3.03, up 17%; non-GAAP EPS was $3.17, up 15%
Operating expenses rose 27% to $4.164 B; on a non-GAAP basis, expenses grew 16% YoY
Generated $6.402 B in free cash flow and returned $5.058 B to shareholders via $3.765 B in share repurchases and $1.293 B in dividends
Outlook for Q2 2026 calls for low-double-digit net revenue growth, mid-teens operating expense growth, and high-end low-double-digit EPS growth on an adjusted constant-dollar basis