Visa reports $11.6 billion in net revenue for fiscal third quarter 2026; cross-border volume up 13 percent

Visa released its fiscal third quarter 2026 results for the quarter ended 30 June on Tuesday, 28 July 2026 (6 Mordad 1405), after the close of the US market. Net revenue came in at $11.6 billion, up 14 percent from the same period a year earlier. GAAP net income was $5.6 billion, or $2.97 per share, increases of 7 percent and 10 percent respectively. Excluding special items, non-GAAP net income was $6.3 billion, or $3.32 per share.

On operating metrics, payments volume for the three months ended 30 June grew 10 percent on a constant dollar basis, and total processed transactions reached 71.7 billion, 10 percent higher than a year earlier. Total cross-border volume rose 13 percent, and 12 percent excluding transactions within Europe. Data processing revenue grew 17 percent to $6.0 billion, while service revenue rose 14 percent to $4.9 billion.

Visa returned $6.2 billion to shareholders through share repurchases and dividends during the quarter, buying back about 14.5 million shares at an average price of $330.71. The company's shares had risen 1.1 percent in that day's session ahead of the results.