Earnings Releases·Oct 27, 2026, 4:05 PM ET

Visa — Fiscal Fourth Quarter and Full-Year 2026 Earnings Summary

Fiscal Q4 2026 net revenue reached $12.1 billion (+13% YoY) and full-year revenue totaled $45.9 billion (+15% YoY), driven by 10% and 9% increases in total processed transactions respectively.
GAAP net income for Q4 2026 rose 18% to $6.0 billion ($3.19/share), while full-year GAAP net income increased 17% to $23.5 billion ($12.32/share).
The Board increased the quarterly cash dividend by 16% to $0.780 per share; total capital returned to shareholders reached $5.2 billion in Q4 and $25.6 billion for the full year.
Visa signed a definitive agreement to acquire BioCatch for $2.4 billion in cash, with closing expected by the end of fiscal Q2 2027.
Operating expenses increased 7% (GAAP) in Q4 and 11% for the full year, primarily driven by higher marketing and personnel costs.