Quarterly ResultApr 29, 2026, 06:07 AM
VISA Q1 Net Revenue +17% to $11.23B; Net Income +32% to $6.02B
AI Summary
VISA reported strong financial results for the three months ended March 31, 2026, with net revenue increasing to $11.23 billion and net income rising to $6.02 billion. Basic Class A EPS also saw significant growth to $3.15. Additionally, the company completed the acquisition of Prisma Medios de Pago S.A.U. and Newpay S.A.U. in Argentina for $1.5 billion in cash, aiming to enhance its technology and services.
Key Highlights
- Acquired Prisma Medios de Pago S.A.U. and Newpay S.A.U. for $1.5 billion in cash in February 2026.
- Net revenue for three months ended March 31, 2026, rose 17.05% to $11.23 billion.
- Net income for three months ended March 31, 2026, increased 31.55% to $6.02 billion.
- Basic Class A EPS for three months ended March 31, 2026, grew 35.78% to $3.15.
- U.S. net revenue for three months ended March 31, 2026, was $4.32 billion, up from $3.81 billion.
- International net revenue for three months ended March 31, 2026, was $6.91 billion, up from $5.78 billion.
- Repurchased $11.63 billion of Class A common stock during the six months ended March 31, 2026.
- Issued $3.0 billion in fixed-rate senior notes in February 2026.