Form 10-Q · Quarterly report
Visa Inc. 10-Q, filed Jul 29, 2026
- Filed
- CIK
- 0001403161
- Accession no.
- 0001403161-26-000104
Summary
Visa Inc. reported net revenue of $11.63 billion for the quarter ended June 30, 2026, up 14% year over year, with net income of $5.63 billion and diluted EPS of $2.97; nine-month net revenue rose 15% to $33.76 billion and net income rose 17% to $17.50 billion. Visa also recorded $1.1 billion in additional accruals for the interchange multidistrict litigation, acquired Prisma Medios de Pago and Newpay in Argentina for $1.5 billion, and authorized a $20.0 billion share repurchase program.
Key points
- Net revenue for the three months ended June 30, 2026 increased 14% to $11.633 billion, driven by growth in nominal cross-border volume, nominal payments volume, and processed transactions, partially offset by higher client incentives.
- Visa processed 71,662 million transactions in the quarter, up 10%, and 207,148 million in the nine-month period, up 9%.
- Operating expenses rose 19% in the quarter and 13% for the nine months, primarily on higher personnel expenses, with marketing also higher over nine months.
- In February 2026, Visa issued $3.0 billion of fixed-rate senior notes and acquired Prisma Medios de Pago and Newpay for $1.5 billion in cash.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. Management’s Discussion Overview Visa is a global payments technology company that facilitates secure, reliable and efficient global commerce and money movement. We provide transaction processing services (primarily authorization, clearing and settlement) among consumers, issuing and acquiring financial institutions and sellers. We are focused on extending, enhancing and investing in our proprietary advanced transaction processing network, VisaNet, to offer a single connection point for facilitating money movement to multiple endpoints through various form factors and innovative technologies across more than 200 countries and territories. Visa is not a financial institution. …
An excerpt of the text as filed with the SEC, cut for length.
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