EarningsQ3 2026 Earnings Report
MX:V Q3 2026 EPS Results
Actual EPS$60.08
Consensus EPS$58.50
Beat/MissBeat by +$1.57
One Year Ago EPS$53.92
MX:V Q3 2026 Revenue Results
Actual Revenue$210.50B
Expected Revenue$206.30B
Beat/MissBeat by +$4.20B
YoY Revenue Growth+14.36%
Earnings Announcement Details
QuarterQ3 2026
Date07/28/2026
TimeAfter Close
Conference CallTuesday, July 28, 2026
MX:V Upcoming Earnings
Visa's next earnings date is estimated for November 3, 2026, based on past reporting schedules.
Q3 2026 Earnings Call Audio
MX:V Q3 2026 Earnings Call
0:00 / 0:00
Q3 2026 Earnings Slide Deck
Q3 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strong operating quarter with notable revenue, volume, and product momentum: double-digit top-line growth, record payments volume crossing $4 trillion, 34% growth in value added services, and rapid adoption of new technology and AI. These positives were tempered by higher operating expenses (including $563M in severance), increased client incentives, mix and volatility effects depressing international transaction revenue, and the recognition that some month-to-month gains (e.g., FIFA-related lift and retail timing) may be temporary. Management provided constructive guidance for Q4 and reiterated strategic investments in stablecoins, AI/Agentic Commerce, and issuer-processing expansion (Pismo/DPS), indicating confidence in durable long-term growth despite near-term cost and volatility headwinds.Company Guidance
Strong Top-Line Growth
Net revenue of $11.6 billion, up 14% year over year (13% in constant dollars), driven by stronger-than-expected key business drivers and value added services.
Earnings and Shareholder Returns
EPS of $3.32, up 11% year over year; repurchased $4.9 billion of stock in Q3 and paid $1.3 billion in dividends, with $28.4 billion remaining in buyback authorization.
Payments Volume and Transactions Milestones
Quarterly payments volume grew 10% year over year in constant dollars and crossed $4 trillion for the first time in company history; processed transactions grew 10% year over year to 72 billion.
Commercial and Money Movement Strength
Commercial & money movement solutions revenue grew 17% year over year (constant dollars); commercial payment volume rose 13% year over year (constant dollars).
Visa Direct and Money Movement Adoption
Visa Direct transactions grew 21% year over year to 4 billion transactions, with expanded relationships and new use cases (e.g., DoorDash integration).
Value-Added Services (VAS) Acceleration
Value added services revenue grew 34% year over year in constant dollars to $3.8 billion, with broad-based strength across issuing, acceptance, risk & security, and advisory/marketing services.
Client Trust and Win Momentum
Net Promoter Score of 76 for the third consecutive year; credentials grew 8% year over year with tokenized penetration nearing 60% of e‑commerce transactions; notable client wins and renewals including NatWest, Bradesco renewal, Grupo Aval (Colombia) and Colony Bank.
Product & Technology Innovation
Over 150 AI-powered applications in production and more than 300 major product releases in the last 12 months; product development efficiency gains cited (80% more code commits, 80%+ improvement in requirement definition, 65%+ faster feature development for teams using Agentic tools).
Stablecoin & Agentic Commerce Initiatives
Launched Visa Stablecoin platform and joined Open Standard to support OpenUSD; announced partnership with OpenAI for secure payments in Agentic Commerce and integrations with Meta for Intelligent Commerce token payments.
MX:V Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed