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Full earnings analysis

Research updated: Jul 11, 2026, 12:00 AM UTC

Visa (V) Q2 FY2026

Visa reported fiscal second-quarter 2026 results for the quarter ended March 31, 2026, reflecting its global digital-payments and money-movement network.

Reported outcomes

Net revenue
$11.2 billion
Up 17% year over year
GAAP net income
$6.0 billion
Company-stated Q2 FY2026 result; GAAP EPS increased 36% year over year
GAAP diluted EPS
$3.14
Up 36% year over year
Processed transactions
66.1 billion
Up 9% year over year

Management guidance

  • The release did not provide numerical forward guidance; management said consumer spending remained resilient and performance was broad across consumer payments, money movement, and value-added services.

Risks that still need monitoring

  • Payments regulation and litigation

    Merchant litigation, interchange regulation, and settlement obligations could change network economics or increase costs.

  • Network disintermediation

    Domestic payment networks, real-time account-to-account systems, and alternative payment methods could bypass Visa's network.

  • Cross-border volatility

    Cross-border volume is exposed to travel, geopolitical conditions, currency controls, and economic disruption.

Market reaction

+8.14%

2026-04-27 $309.65 → 2026-04-29 $334.86

Method: previous trading-day close to the first full trading-day close after the announcement.

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Primary sources

Visa Fiscal Second Quarter 2026 Financial ResultsVisa Inc. · earningsVerified

Fetched: Jul 11, 2026, 12:00 AM UTC

Published: Apr 28, 2026, 08:00 PM

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Visa Investor RelationsVisa Inc. · companyVerified

Fetched: Jul 11, 2026, 12:00 AM UTC

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Visa Form 10-Q for the quarter ended March 31, 2026U.S. Securities and Exchange Commission · filingVerified

Fetched: Jul 11, 2026, 12:00 AM UTC

Published: Apr 28, 2026, 12:00 AM

Open original source
V editorial research profileAlphaVue Research · editorialVerified

Fetched: Jul 11, 2026, 12:00 AM UTC

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