VISA Inc. (V)
The company now
Visa reported on 27 October 2026 that net revenue for its fiscal year rose 15 percent to $45.9 billion, which it called the strongest growth in over 15 years outside the post-pandemic recovery and acquisitions 1. Net income was $23.5 billion, up 17 percent 1. In the fourth quarter alone, net revenue rose 13 percent to $12.1 billion 1.
The company credits more spending on Visa cards, more spending across borders and more transactions 1. For the year, payments volume rose 9 percent in constant dollars, cross-border volume 13 percent, and processed transactions 9 percent to 281.3 billion 1. Data processing revenue, the fees for carrying each payment, rose 17 percent to $23.4 billion, and other revenue, mostly services sold on top of the network, rose 40 percent to $5.7 billion 12.
The year carried $1.7 billion of provisions for merchant lawsuits over interchange, the fee a merchant's bank pays a cardholder's bank, and $563 million of severance 12. Bloomberg News reported in July that Visa planned to cut about 2,600 jobs, around 7 percent of staff, mostly in technology and product teams 15. The open questions are the pending $2.4 billion purchase of BioCatch, a fraud-detection firm, and the Justice Department's debit lawsuit 114.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.