Visa reported $3.32 EPS and $11.6 billion revenue, beating forecasts as cross-border volumes rose 12% year-over-year.
Visa Inc. (NYSE:V) posted fiscal third-quarter earnings of $3.32 per share, surpassing Wall Street estimates of $3.22 and marking an 11% year-over-year increase. Net revenue climbed 14% to $11.6 billion, exceeding projections by $220 million, driven by record payments volume of $4 trillion.
Data processing revenue rose 17% to $6.0 billion, while service revenue grew 14% to $4.9 billion. Cross-border transaction revenue increased 6% to $3.9 billion, supported by a 13% rise in cross-border volume, excluding intra-Europe travel. Value-added services revenue jumped 45% to $1.5 billion.
The results reflect strong consumer spending tied to global events like the 2026 FIFA World Cup and corporate investments in AI-driven efficiency. Visa’s total payments volume hit a quarterly record, underscoring robust transaction growth.